Cement News tagged: Corporate
Anhui Conch raises stake in Jidong Cement, China
Hebei Province-based cement manufacturer Tangshan Jidong Cement Co Ltd announced yesterday that
CRH announces entry to FTSE UK index series
CRH notes the announcement issued 7 December 2011 by FTSE confirming that CRH will be included as a
JP Associates on look-out for strategic investor, India
Manoj Gaur, executive chairman of Jaiprakash Associates has said that the company is on the look-out
Holcim Indonesia eyeing over 20% rise in net profit
PT Holcim Indonesia, the local unit of Holcim Ltd sets net profit target at IDR1trn (US$112m) this year or a 20.7 per cent rise from last year.
Adelaide Brighton Forecasts decline in 2011 net profit
Adelaide Brighton Ltd Wednesday forecast net profit this fiscal year in a range of A$146m-A$152m (US$149.6m-$155.7m)
Sinai’s nine month net profit drops, Egypt
Sinai Cement (SCEM) reported consolidated financial results posting a net profit of
Indian companies surge while demand remains sluggish
Shares of large Indian cement companies have surged to 52-week highs in recent weeks despite demand remaining sluggish, raising concerns that
HSBC downgrades HeidelbergCement to "neutral"
HSBC said today it downgraded the stock recommendation of HeidelbergCement to "neutral" from "overweight"
Yamama Saudi Cement proposes bonus share issue
Yamama Saudi Cement Co said its board will seek the authority’s approval to boost the company’s capital
PIC seeks court ruling to control AfriSam
The Public Investment Corporation (PIC) would be in a better position to renegotiate with the holders of
India: ACC gains on strong cement dispatches in Nov
ACC has said its cement production for November has gone up 4% to 1.83Mt YoY. The company’s dispatches have also risen 6% to 1.83Mt when compared with the same period last year.
Votorantim announces 9M11 results
Votorantim Participações SA has released its nine months of 2011 results.
Iraq Cement Company achieves IQD16bn profit
Aswat Aliraq reported that the Iraqi Cement Company has achieved IQD16bn (US$13.7m)profit with operations from just three of it four cement plants.
China: Prosperity Minerals sees increase in revenues and profits
Reporting its interim results for the six months to 30 September, Prosperity Minerals boosted its first-half revenues by 17% to US$507.8m while producing a pre-tax profit of US$8.4m (1H11: US$2.5m los
China Resources increases stake in CRC Chanjiang
China Resources Cement said it has successfully won the tender of 31.08% equity interest in China Resources Cement (Changjiang) Limited in a public tender at about CNY339.9m (US$53.36m), which will be
India: Madras Cements set for growth
Madras Cements Ltd has announced a growth of 100% net profit for Apr-Sep 2011. Its sales rose by 18% in the period.