Cement News tagged: Corporate
JK Cement promoter to offload large stake
Yadhupati Singhania, owner and Managing Director of JK Cement Ltd, will be off-loading 26 per cent of his stake for raising around Rs 250-300 crore, (around US$65m) early next year. JK Cement, which i
CRH eyes Belgian buildings accessories business
CRH is in final negotiations to acquire the family controlled Winsol, the Belgian market leader in PVC and aluminium windows and doors, roller blinds and awnings, both domestic and commercial. The co
Iran and Venezuela sign contracts
Iran and Venezuela have signed a contract worth US$850m and a memorandum of understanding worth between US$5-7bn for exchange of industrial products and technical and engineering services.
Saudi construction data
According to local reports, official statistics issued by the Saudi Ministry of Commerce and Industry show that the total number of the operating building materials manufacturing
Japanese producers to boost profits
Taiheiyo Cement Corp and Sumitomo Osaka Cement Co are both expected to raise group operating profit by more than 10 per cent for the year through March next year. The forecast
Robust PPC wins Zimbabwe award
Pretoria Portland Cement Company Limited (PPC) took the pole position in Construction & Property Sector Category of the 2005 Fingaz/Premier Banking Corporation 2005 Top Companies Awards presented in H
FLSmidth order book at Euro 804.1m
The order book of Danish engineering and cement group FLSmidth has reached a record-high volume of some 6.0 bln Danish crowns (Euro 804.1m), the group’s managing director,
Nicolini sells 5000 Cementir shares
Riccardo Nicolini, general manager and director of Italian cement group Cementir, a unit of local construction company Caltagirone, has sold on the market a further 5000 Cementir
Gujurat Ambuja shares rise on bid rumour
Gujarat Ambuja shares have been rising steadily in the past one month on market speculation that Holcim, is interested in buying a stake in the company. Gujarat Ambuja shares have risen by around 10 p
More on the Lemona bid
FCC (Fomento de Construcciones y Contratas), the Spanish construction and services group, has gone against the trend in the sector by focusing on the Spanish market with its 100 per cent takeover of c
Greek Titan shows promise
Shares testing new highs. Titan Cement rose 2.87 per cent to close at Euro 32.30, hitting a new historical high intraday, continuing its upward trend on solid fundamentals after it recently announced
Net profit of Semen Gresik to climb
The net profit of PT Semen Gresik Tbk (SG) would start to break IDR1 trillion next year, especially due to the higher net profit of Semen Padang, a unit of Semen Gresik, in the next three years. Som
Vietnam’s cement up again in November
Vietnam consumed 2.4Mt of cement last month, a 6.7 per cent increase over the previous month and bringing total consumption in the first 11 months of the year to 25Mt, according
UAE Cement Manufacturers 2005 net profits up
UAE’s cement manufacturers are expected to post a 2.5 mln UAE dirhams (US$680.6m) combined net profit for the entire 2005, according to forecasts of cement industry experts on December 5, 2005.
Egypt’s Ameriya Cement profit up 73 per cent
Egypt’s Amreya Cement reported net profit of 129.3 million Egyptian pounds (US$22.4m) for the first nine months of 2005, a 73 per cent increase on a year earlier, the stock exchange
Holcim makes Management changes
Holcim Ltd said Bill Bolsover, chief operating officer of recently-acquired Aggregate Industries, will become the unit’s chief executive.