Cement News tagged: Corporate

TPI Polene: 2010 Revenue Higher Than 2009

09 February 2011, Published under Cement News

Thai cement maker TPI Polene, said Tuesday that revenue this year should be higher than 2010 due to strong demand for cement

Taiheiyo Cement maintains net profit forecast

09 February 2011, Published under Cement News

Taiheiyo Cement Corp maintained a full-year net profit forecast of JPY4bn (US$48.4m) after worsening net loss from

Bank increases participation in Cimpor

07 February 2011, Published under Cement News

Caixa Geral de Depósitos (CGD) and its subsidiary Companhia de Seguros-reinforced participation in Cimpor between August 6 and December 30 last year.

Italcementi’s Asian volumes improve

04 February 2011, Published under Cement News

Italcementi’s turnover declined by 4.3% last year, or by 6.6% on a comparable basis to €4,790.9m, of which consolidated Italian operations contributed €619.6m, a reduction of 15.2%.

Cimentos Liz applies to hold IPO, Brazil

Cimentos Liz applies to hold IPO, Brazil

04 February 2011, Published under Cement News

Brazilian cement company Cimentos Liz has filed a request with securities regulator CVM to hold an IPO on the São Paulo stock exchange Bovespa,

Cemex posts huge net loss for 2010

04 February 2011, Published under Cement News

Cemex’ turnover declined by 3.3% in 2010 to US$14,069.4m, while in Mexican peso terms the turnover came down rather more, or by 9.9%. EBITDA was down by 12.9% to US$2313.8m and the trading profit fell

Sri Lanka cement firm rated ’A’ by RAM Ratings

Sri Lanka cement firm rated ’A’ by RAM Ratings

02 February 2011, Published under Cement News

Sri Lanka’s Tokyo Cement Company (Lanka) Ltd has been rated ’A’ by Ram Ratings on its strong market position and balance sheet a

Exane, Jefferies lift share price targets on Buzzi Unicem

02 February 2011, Published under Cement News

Exane and Jefferies revised up their share price targets on Italian cement producer Buzzi Unicem.

Japanese producers’ FY10 Op profits likely to top forecasts

01 February 2011, Published under Cement News

Japanese cement producers Taiheiyo Cement Corp and Sumitomo Osaka Cement Co are both on track to beat their consolidated operating profit projections

Attock Cement profit declines

31 January 2011, Published under Cement News

The profit after tax of Attock Cement Pakistan Limited (ACPL) has declined to PKR235.101m in the half-year period ended December 31, 2010

Cemex plans major share issue

31 January 2011, Published under Cement News

Cemex said on Friday it would propose issuing up to 6 billion new shares to raise funds to pay its hefty debt, more than investors expected, prompting a slide in its stock price.

Morgan Stanley cuts Lafarge rating to "equal-weight"

28 January 2011, Published under Cement News

Morgan Stanley has downgraded its rating on Lafarge to "equal-weight" from "overweight", although it raised its share price target to EUR 53 from EUR 50.40.

Demerged Dalmia Bharat makes listing debut, India

27 January 2011, Published under Cement News

Dalmia Bharat Enterprises Ltd (DBEL), the demerged cement and power business of Dalmia Bharat Sugar & Industries (formerly Dalmia Cement Bharat) swung between

Chaodong expects eight-fold rise in 2010 profit

27 January 2011, Published under Cement News

Anhui Chaodong Cement predicts its net profit for fiscal year 2010 jumped eight-fold, according to a company filing

Thai Siam Cement net profit rises 53.5%

26 January 2011, Published under Cement News

Thailand’s largest industrial conglomerate by revenue, said Wednesday its 2010 net profit rose 53.5% mainly due to a gain from selling its stake in PTT Chemical, as well as higher sales.

Sinoma estimates 2010 profit to have grown 80%

26 January 2011, Published under Cement News

China Sinoma International Engineering announced that it expected to see net profit for 2010 surge more than 80% YoY