Cement News tagged: Corporate
Tax credit pushes Portland Cement back to profit zone
A tax credit has seen Kenyan cement maker East African Portland Cement Company (EAPCC) return to
Cemex surges on euro zone deal, 3Q results
Shares of Mexico’s Cemex surged 19 per cent on Thursday, prompting exchange authorities to briefly
EU clears Etex for Lafarge gypsum assets
Belgian building materials group Etex won European Union approval on Friday to purchase most of
Holcim, investor partner oppose bid for Afrisam
Afrisam Ltd’s largest shareholders, including Holcim Ltd, said they oppose a takeover bid by South Africa’s government-owned
Lafarge WAPCO nine month profit rises 2.8%
Lafarge Cement WAPCO Nigeria Plc, a unit of Lafarge SA, posted a 2.8 per cent increase in nine-month
CRH downgrades by Credit Suisse to "neutral"
CRH PLC was downgraded by equities research analysts at Credit Suisse from an “outperform” rating to a “neutral” rating in a research note issued to investors on Thursday. Separately, analysts at Zac
Citi cuts Asia Cement China to sell
Citigroup downgrades Asia Cement China to Sell from Buy after changing its valuation methodology to
RAK Cement posts second consecutive quarterly loss, UAE
RAK Cement Company recorded a net loss of AED11.4m (US$3.1m) in 3Q11, compared with a profit of AED1.1m in the same period of last year.
Citi slashes Conch target 39% but still keeps at Buy
Citigroup slashes Anhui Conch Cement’s target to HK$28.05 from HK$45.77, as it takes into account the
CRH announces non-executive Board appointment
The Board of CRH plc announced the co-option to the Board on Wednesday 26 October 2011, of Ernst Bärtschi, as a non-executive Director.
Suez Cement hit by declining prices, Egypt
Suez Cement of Egypt reports that during the first nine months of 2011 domestic cement demand
Anhui Conch Cement net profit more than doubles in 3Q
Anhui Conch Cement Co., Ltd., China’s biggest cement producer by output, said its net profit soared 124.66
Siam Cement 3Q net profit up, Thailand
Siam Cement Pcl, Thailand’s biggest industrial conglomerate, posted a 12.5 per cent rise in quarterly net
JP Morgan: European building materials 3Q previews
Following the recent strength (+26% in the last month) in share prices across the European building materials’ sector, JP Morgan remain slightly cautious stepping into the 3Q reporting season
Yamama Saudi Cement Co sees strong 3Q11 net profit growth
Yamama Saudi Cement Co reports positive third quarter due to better pricing and higher sales volumes.
DG Khan Cement profit rises on higher prices
Higher prices for cement in Pakistan yield higher net profit for DG Khan Cement in the first quarter ended 30 September.