Cement News tagged: Corporate
Jurong Cement Unit Sells Stake In China Cement Cos For S$59m
Jurong Cement Ltd’s unit Sin Chang An Holdings Ltd. has signed a deal to sell its entire 60% stake in Zhejiang Shanying Cement Co. Ltd.
Three foreign banks provide credits for cement plant
French banks Societe Generale and BNP Paribas and the Australian and New Zealand Bank (ANZ) signed a contract on Jan. 30
Thang Long Cement obtains loans from foreign lenders
Thang Long Cement Joint-Stock Co. 2 has obtained three loans totaling US$240m from ANZ Banking Group, BNP Paribas and Societe Generale
UAE Fujairah Cement 2007 net profit increases
The net profit of UAE cement producer, Fujairah Cement Industries Co, rose to 12.8 mln Kuwaiti dinars (US$46.9m)from 11.7 mln dinars
Mitsubishi Materials to take over US concrete firm
Mitsubishi Materials Corp. said Wednesday its US unit will raise its interest in California-based Robertson’s
JK Cement Q3 net up 60 per cent
Indian cement maker JK Cement Ltd today said its net profit has increased by 60 per cent at Rs 80.2 crores during the quarter ended December 31, 2007
Holcim Romania – turnover increases
Holcim Romania, reported a preliminary turnover of 990 million lei
Oman’s Raysut Cement profit doubles on higher sales
Raysut Cement, Oman’s largest producer of the building material, posted its biggest quarterly profit ever doubling over the year-earlier period on higher sales
Thai Siam Cement expects 2008 sales to rise 10 per cent
Siam Cement PCL , Thailand’s top conglomerate, expects a 10 per cent rise in sales this year from 2007,
Peru’s Cementos Lima 4Q Net PEN56.6m Vs PEN41.5m
Cementos Lima SA posted fourth-quarter net income of CLP56.6m (US$19.2m), compared with PEN41.5m in the same quarter in the previous year
Swicorp advises Arabian Cement in SR500m rights issue
Arabian Cement has successfully offered 10 million new shares at a price of SR50 per share through a
Siam Cement likely to report flat 2007 net profit
Siam Cement PCL is expected to report a flat 2007 net profit, with higher production costs and sluggish domestic demand offsetting one-time gains.
Saudi Cement’s Q4 profit up nine per cent
Saudi Cement Co reported a nine per cent rise in fourth-quarter profit on higher productivity and sales.
Qatari Gulf Cement to retain 2007 profit
Qatari Gulf Cement Company plans to retain its net profit of QAR32.3m (US$8.9m), according to preliminary figures for 2007
Production efficiency drives UltraTech profits up 32 per cent
Aditya Birla Group company UltraTech Cement today posted a 32 per cent rise in net profit at Rs 279 crore for the quarter ended December 31, 2007
Gulf Cement net gains up to QR32.3m
Gulf Cement Company has reported a net profit of QR32.3m in 2007 and said it was proposing to convert itself