Cement News tagged: Corporate
Cimsa opts for capital increase
Cimsa announced that its subsidiary Ercim Cimento, based in northern Cyprus, decided to increase its capital to TRY 1.4m from the previous TRY 7,000.
Eastern Province Cement profile
EPCC is one of the leading cement producers in Saudi Arabia and one of the largest manufacturers of Ordinary Portland and Sulphate Resisting Portland Clinker and Cement in the Kingdom of Saudi Arabia
Bangkok Bank supports northern building trades
Bangkok Bank in association with Siam Cement Group is supporting the local building trade in northern Thailand at this year’s Cementhai Home Mart Fair 2005 held at the Chiang Mai University Conv
Akmenes Cementas results
Nine-month sales of Akmenes Cementas up almost 13 per cent. Sales of Akmenes Cementas reached 90.8 million litas (Euro 26.3m) in the first nine months of 2005, a 12.9 per cent increase year-on-year.
Saudi Eastern Province Cement Co Moves HQ
Saudi cement producer Eastern Province Cement Company (EPC) has moved its headquarters in Dammam, in eastern Saudi Arabia, to a new building, local media reported in early October 2005. The new build
Turkerler acquires cement plant for $158.5m
The Turkerler Construction Company has submitted the highest bid of US$158.5m to buy Sanlıurfa Cement plant, formerly owned by the Uzan familiy, Cihan news agency reports.
India Cements raises $100m
India Cements Ltd on Friday said it has raised US$100m (about Rs 450 crore) by issuing about 2.3 crore global depository shares (GDSs). The GDSs, each representing two underlying equity shares of Rs
Cemex continues to prosper
Cemex could have tripled its net profits in the third quarter of this year thanks to its acquisition of British firm RMC and gains from exchange rate fluctuations, according to Mexican newspaper La Re
Votorantim restructures cement business
Votorantim, the Brazilian industrial group, is restructuring Votorantim Cimentos (VC), its cement business. The group has appointed the engineer Walter Schalka as the new chairman of its cement divisi
India Associated Cement 2Q Net
Indian cement major Associated Cement Companies Ltd. said its fiscal second-quarter net profit jumped 154 per cent on year because of a one-time gain from the sale of its refractory business. Net pro
Adelaide Brighton director buys
Adelaide Brighton director Duilio Barro directly and indirectly bought bought 120,089 ordinary shares worth A$240,178 on-market between October 10 and 11. The price was A$2. The director previously he
HeidelbergCement expands its presence in Turkey
Akçansa, a joint venture of HeidelbergCement and Sabanci Holding, has acquired the Ladik cement plant in an auction process carried out by the Turkish government. The plant with a clinker capacity of
Pakistan profits from earthquake disaster!
The devastating earthquake that has left over two million Pakistanis homeless is expected to trigger a huge demand for cement as the country begins its biggest ever reconstruction exercise. Share pr
Chilean industry plans US$134m investments
The three companies that make up Chile’s cement industry - Bío Bío, Melón and Polpaico - are planning to invest a total of US$134m in 2006 given the record sales expected by the industry this ye
Sabanci takes the Standart prize
Sabanci Holding was unable to deter Cimentas, a subsidiary to the Italian Cementir Group, from taking over control of one of the cement factories that the Turkish Savings and Deposit Insurance Fund (T
Portugal BPI Ups Stake in Semapa
Portuguese investment bank Banco Portugues de Investimento (BPI) increased its participation in local cement company Semapa to 6.7 per cent of the share capital, it was