Cement News tagged: Corporate
Antitrust Authority to settle
The Israeli Antitrust Authority is about to sign a settlement with leading concrete companies, including Readymix Concrete Products (Israel) Ltd. and Hanson (Israel) Ltd., as well as the Manufacturer
LVT enters into co-operation agreement with FLS
LV Technology PCL has entered into a Co-operation Agreement with FL Smidth A/S of Denmark with respect to product research and development activities for the cement industry. As part of the Co-operati
Taiheiyo Cement improves first half trading performance
Some recovery in domestic cement deliveries, higher lime exports and the growing waste processing operations have enabled Taiheiyo Cement Corporation to increase turnover for the six months to the end
Thai Supreme Court rules against Prachai
The Supreme Court on Tuesday threw out Prachai Leophairatana’s petition to buy back into Thai Petrochemical Industry Plc (TPI), paving the way for PTT Plc and its allies to take over the country
Florida Rock Industries announces record 4Q
Florida Rock Industries has announced record net sales, record net earnings and record diluted earnings per share for the fourth quarter and fiscal year ended September 30, 2005. Fourth quarter net ea
Thai Holcim unit sets coupon
The Thai financial arm of Holcim Group has set coupons for a bond issue worth 8 billion baht ($194m) expected next week, a fund manager said on Wednesday. The secured bonds, the first issued by Holc
Holcim CEO seeks to have case dismissed
Lawyers for the CEO of Holcim Ltd asked a court Tuesday to dismiss a fraud case alleging shareholder manipulation during the Swiss company’s purchase of a Dominican cement maker. The attorneys
Kuwait Portland Cement net profit falls
The net profit of Kuwaiti cement trader Kuwait Portland Cement fell to 4.3m Kuwaiti dinars ($14.7m) in the first nine months of 2005 from 5.1m dinars ($17.4m) in the same period of
Greek cement firm Heracles 9-month net up
Greek cement company Heracles, majority-owned by France’s Lafarge, reported an 85 per cent rise in nine-month net profit to Euro 86.2m on Tuesday. Third-quarter net profit rose by 215 per cent t
Semapa posts lower profits
Consolidated net profit of Portuguese industrial holding group Semapa stood at Euro 29m in the January to September 2005 period, the company said in a report to Portugal’s national securities re
ACC gets approval to merge DCSL
Associated Cement Companies Ltd on Tuesday said that it would amalgamate Damodar Cement and Slag Ltd (DCSL) with itself. The shareholders at their meeting have approved the scheme of amalgamation of D
HeidelbergCement in deal with Tenir Group
The Kazakh industrial concern Tenir Group has agreed to sell its wholly-owned subsidiary Buchtarma Cement Company to HeidelbergCement. Buchtarma Cement Company trades as Vostok Cement and has in inte
JK Cement aims for captive power
JK Cement Ltd is planning to raise resources from the public for establishing an additional coal-based captive thermal power plant of 40mW at its Nimbahera plant campus in Rajasthan. Managing Director
Riyadh Cement may raise capital
Prince Faisal ibn Abdul Majeed, chairman of the board of Saudi White Cement and Riyadh Cement, will preside over a meeting of the board to discuss a number of important topics including the plan to in
Titan boosted by its US operations
Titan’s turnover for the first nine months rose by 16.2% to EUR 994.79m, with the operating profit at the EBITDA level rising a little more slowly by 13.6% to EUR 284.9m. The slower rate of pro
Argos issues new bonds
Colombia’s biggest cement maker Cemento Argos has issued 450bn pesos (US$197m) in bonds on the local market, the country’s press reported. The funds raised with the bond issue will be use