Cement News tagged: Corporate
Holcim to build ACC, GACL synergy
Holcim may appoint some management consultants to provide advice on combining some of the best practices and processes in Gujarat Ambuja Cement (GACL) and ACC
Cherat Cement Company nine months, Pakistan
Cherat Cement Company chairman Mohammed Faruque, Chairman released the company’s nine monthly report for the period ended March 31, 2007.
OCL India board to consider raising INR2.2bn
Cement maker OCL India Ltd. said on Thursday its board will meet on June 16 to consider
Lafarge plans 10-year EUR500m
Lafarge plans to sell a 10-year EUR500m bond, one of the banks managing the sale said on Wednesday.
Net profit growth rate declines 85%, India
The net profit growth rate of Indian cement firms declined to 85 per cent in the fourth quarter ended March 2007 compared with 150 per cent in the first three quarters
Holcim redeems two convertible bonds ahead of schedule
Holcim said it plans to redeem ahead of schedule two convertible bonds with a face value of SwFr131m and US$22m, respectively.
Thai Siam City to write off 12.5M treasury shares
Siam City Cement PCL, Thailand’s second-largest cement producer by capacity, said Tuesday it is in the process of writing off 12.5m treasury shares
Lafarge bought 71,000 own shares last week for EUR8.82m
Lafarge SA said that it bought 71,000 of its own shares last week for a total outlay of EUR8.8m
Shiva Cement defers decision on allotment of shares to ACC, India
Shiva Cement board today could not approve the proposal to allot 14.5 million equity shares to ACC and 25.7 million share warrants on preferential basis as the "in-principle" clearance from SEBI has n
Raysut Cement 1Q07 net profit soars, Oman
Oman’s Raysut Cement Co booked a 43.8 per cent YoY rise in net profit to OMR7.32m (US$19m) for the first quarter of 2007, driven by improvements in production and marketing.
Mexico’s Cemex wins acceptances for 41.57 per cent of Australia’s Rinker
Cemex SA said it now has won acceptances for 41.57 per cent of Rinker Group Ltd’s issued capital, including shares held under an institutional acceptances facility.
Eurocement Group Ukraine ends 2006 with profits of UAH 98m
The Kyiv-based Eurocement Group Ukraine company, which is a subsidiary of the Russian largest holding for cement production Moscow-base
Readymix says has held talks on selling part of concrete products operations
Irish cement maker Readymix PLC said it has been in talks with a potential buyer regarding selling a part of its concrete products division.
Lafarge Cement to pay out Kc252.6m in dividends this year
Czech cement maker Lafarge Cement will pay its shareholders Kc252.6m in dividends, or Kc221 per a share, based on a decision made at today’s annual general meeting.
Cemex increases stake in Australia’s Rinker to 39.42%
Cemex SA said it has increased its stake in Rinker Group Ltd to 39.42 per cent from 37.39 per cent via
Vicat to increase floating capital
Vicat, France’s third largest cement maker, is to increase its floating capital from 5.1 to 28.1 per cent