Cement News tagged: Corporate
Nigerian cement project woos investors
Nigeria’s Adamawa State government has begun fresh discussion with German and Indian investors to explore the possibilities of a joint venture in the establishment of cement manufacturing company in t
Govt to offload shares in cement industry, Kenya
The government will soon offload more of its shareholding in the cement industry to the public through the Nairobi stock exchange, in a bid to certify the requirements of the Capital Markets Authority
SCC unit shifts its focus
SCT Co, the international trading arm of Siam Cement Group, is focusing on its new recycling and alternative energy businesses in order to raise margins,
Truce in Lebanon boost UAE shares
Shares in UAE cement companies reacted strongly to the Lebanese ceasefire this week as prospects increase of infrastructure and property reconstruction in the war-torn country
Antitrust board fines Akcansa
Akcansa, a major Turkish cement manufacturer, said that it received the antitrust board’s ruling that the company should pay
TPIPL places new shares
TPI Polene Plc has successfully sold capital-raising shares to existing shareholders, according to Prachai Leophairatana, the company’s chief executive.
Cementos Argos to offer Bonds worth US$105m
Cementos Argos, Colombia’s biggest cement maker, on Wednesday will sell as much as 250 billion Colombian pesos (US$105m) worth of bonds maturing in six months and one year
Sinai Cement net profit climbs
Egyptian Sinai Cement Company’s (SCC) net profit jumped to E£147.3m (US$25.6m) in the first half of 2006 from E£65.5m (US$11.4m) in the year-ago period,
Moody’s increases Cemex outlook to positive
Moody’s has changed the outlook on Mexican cement company Cemex’s senior unsecured debt - around US$62m rated at Baa3 - from "stable" to "positive,"
KHD reports higher earnings
KHD Humboldt Wedag International Ltd announces results for the quarter and six months ended June 30, 2006.
Boral sees civil engineering supporting Australian construction volumes
In its financial year to the end of June, Boral increased turnover by 10.7% to Aus$4,767m (€2,864m) with the EBITDA moving up by a more modest 3.7% to Aus$823m (€494m), while the pre-tax profit declin
Balala says leave Lafarge alone, Kenya
Mvita MP Najib Balala has defended Lafarge Cement Company against claims of monopolistic practices in Kenya.
UAE cement stocks rise
A rally in cement stocks dominated the latest session in Abu Dhabi. Cement Company led turnover in Abu Dhabi, jumping 6.75 per cent to 4.43 dirhams. The stock hit a one-month high of 4.53 dirhams duri
Egypt stocks rise, led by cement sector gains
Egyptian shares rose in thin volume on Sunday, with cement companies gaining on what traders said were hopes of an imminent truce in Lebanon followed by large scale rebuilding. "Maybe the cement compa
Portland ownership structure set for review
East African Portland Cement Company (EAPCC) major shareholders have agreed to review the firm’s ownership structure. Trade and Industry Permanent Secretary, Mr David Nalo, said the review was necessa
Trinidad Cement financial reviewed
Amidst an environment of increasing prices and cement demand, Trinidad Cement Limited (TCL), the Caribbean’s premier cement provider, delivered a weak half year performance (report local financi