Cement News tagged: Corporate
Yamama Cement OKs Cash Dividend
The general shareholders’’ meeting of Saudi cement producer Yamama Cement Company (YCC) approved last March 28 a 20 percent cash dividend for 2006
Cuts not meant to make us reduce prices: Mysore Cements
The government seems bent on getting its way with cement makers.
Italcementi increases its operations in the field of concrete in North America
The Italcementi Group continues its strategy of expanding its operations in international markets by strengthening its activities in the field of concrete.
Texas Industries Inc - Texas Industries’ cash flow from operations hits seven year high
Cash flow from operations for Texas Industries Inc for its quarter ended February 28, 2007 was US$15,133,000
Greece’s Titan Cement US unit acquires Cumberland Quarry for US$36m
Greek Titan Cements US unit Titan America said that it completed the acquisition of the Cumberland Quarry
Birla group plans to rejig cement brand to increase market share
The Aditya Birla Group, India’s second largest cement maker, is learnt to be realigning its brands portfolio to increaes its market share.
Indonesia’s Semen Gresik posts 30 per cent rise in net profit
State-owned cement maker PT Semen Gresik reported a 30 per cent increase in net profit to Rp1,353bn (US$153m) this year, from Rp1,023bn in the previous year.
Egyptian cement producers see net profits fall
Egypt’s Suez Cement, majority owned by Italy’s Italcementi, reported a 24 per cent drop in 2006 net profit on Thursday to 799 million Egyptian pounds
Buzzi Unicem FY net rises to €349.8m, beats estimates
Buzzi Unicem SpA said its full-year net profit rose to 349.8 mln eur from 255.6 mln in 2005, beating market expectations, underpinned by higher sales and improved profitability
ACC plans major investment
ACC will pump in around US$100m in three years to push its annual cement production capacity to 27.5Mt. This will be an increase of over 38 per cent over
Alas Intl to invest in Bosnian Cement Plant
Alas International, a subsidiary of Austrian building materials producer Asamer Holding, plans to invest 40 million euro ($53.3 million) in the upgrade of its Bosnian cement plant Lukavac
Morocco’s Ciments du Maroc’s sales up
Ciments du Maroc, one of Morocco’s leading cement companies with 27.3 per cent market share, increased sales by 9.1 per cent last year
Hanson Pipe & Precast to Expand Chesapeake Site
Hanson Pipe & Precast, a division of Hanson PLC, one of the world’s leading heavy building materials companies, today announced its plans to build a new facility
Mitsubishi Materials sees higher growth
Mitsubishi Materials Corp has set a group net profit target of Y53 billion in the fiscal year ending March 2010 under its three-year business plan.
Orascom Construction 2006 net rises 59 per cent
Egypt’s Orascom Construction Industries said on Wednesday its net income rose 59 per cent in 2006 to $464.5m.
Tanzania Portland’s profits go up by 25 per cent
Tanzania Portland Cement Company’s revenue went up by 16 per cent last year, while the net profit increased by 25 per cent.