Cement News tagged: Corporate
Binani Cement taps market, India
Binani Cement has entered the capital market with a public issue of 2.05 crore equity shares of Rs. 10 each. The issue is through an offer for sale by JP Morgan Special Situations (Mauritius) Limited.
CRH controls 99.49% of the Gétaz Romang shares
CRH plc announced that at the end of the public tender offer acceptance period for Gétaz Romang Holding, which expired on 3 May 2007, 99.24% of the publicly outstanding share
Titan has a strong start to the year in Greece and in Bulgaria
Titan’s first quarter turnover improved by 2.1% to EUR342.1m and the EBITDA rose by 10.7% to EUR88.9m.
Tasek Corp sells stake in Jurong Cement
Tasek Corp Bhd said it has disposed of its 17.4 per cent stake in Singapore-listed Jurong Cement for S$16.19m or S$2.10 per share. Tasek said the disposal is expected to result in a gain of S$12.2m.
Holcim nearly doubles first quarter net profit
The world’s biggest cement makers, on Thursday reported a 94 per cent increase in its first quarter net profit to 530 million Swiss francs (Euro 331m)), fuelled by the booming construction indus
Austria’s RHI says Q1 operating profit up 33 per cent
Austrian refractory speciailist RHI posted a 33 per cent rise in first-quarter operating earnings as it sold more products to the booming global steel industry.
Indonesian cement companies post slight declines in profits
A sharp fall was recorded in the net profit of three publicly listed cement companies on the average in the first quarter of this year over the same period last year. The decline in performance was at
Australian Rinker is named as defendant
The US Department of Justice filed an amended complaint today in the District Court in Washington, DC, naming concrete maker Australian Rinker Group Limited as a defendant in the Department’s an
Semen Gresik lLikely to issue US$300 million bonds
PT Semen Gresik is likely to issue US$200 million - US$300 million bonds to finance the company’s capital expenditure on the development of new cement facility.
St Lawrence Cement Group Inc - First Quarter Results
St. Lawrence Cement Group Inc. (the "Company") reported sales of $151.8 million for the first quarter ended March 31, 2007,
Eagle Materials posts record profits in a weakening environment
In its financial year to the end of March, Eagle Materials increased its consolidated turnover by 7.3 per cent to US$922.4m and the trading profit before corporate overheads rose by 25.1 per cent to U
Indonesia’s Indocement Q1 net profit down
Indonesian cement maker PT Indocement Tunggal Prakarsa Tbk’s first-quarter net profit fell 32 per cent from the previous year because of higher costs and operating expenses.
Colombia’s Cementos Argos 1Q
Cementos Argos, Colombia’s largest cement company, said Monday its consolidated net profit in the first quarter fell 55 per cent
Indonesia Semen Gresik 1Q
Indonesia’s largest cement maker PT Semen Gresik said Monday its first-quarter net profit
Thailand’s Siam Cement 1Q results
Cement earnings fell 13 per cent YoY. Domestic cement demand declined by 6 per cent YoY, but increased 7 per cent QoQ
Anhui Conch 1Q net profit up 36 per cent
Chinese cement producer Anhui Conch Cement said Sunday its first-quarter net profit rose 36 per cent from the same period last year on an increase in capacity and stable sales growth.