Cement News tagged: Corporate
Saudi Arabian Cement Co 1H net profit rises
Saudi cement producer Arabian Cement Company (ACC) saw its net profit for the first half of 2011 surge
Steppe Cement narrows first-half loss, Kazakhstan
Steppe Cement Ltd reported a much narrowed first-half loss on higher cement sales and said it is
Office of Fair Trading objects to Tarmac, Lafarge deal, UK
The proposed tie-up between Anglo American’s Tarmac and Lafarge of their
Holcim upgraded to Buy by Jefferies
Jefferies upgrades Holcim to buy from hold, which says there is scope to improve profitability at the
S&P affirms Cimpor rating, Portugal
Cimpor announced that Standard & Poor’s affirmed the corporate credit ratings of the company as
China Resources Cement Holdings recommends dividend
China Resources Cement Holdings today announced an interim dividend of 5.0c per share.
Jefferies lifts rating on Buzzi Unicem to "buy"
Analysts at Jefferies have increased to "buy" from "hold" the stock rating on Italian cement maker
Jefferies upgrades Texas Industries to Buy
Jefferies upgraded Texas Industries from Hold to Buy with a price target of US$39 (down from US$43).
Sinoma in talks on overseas acquisitions
China National Materials Co Ltd (Sinoma) said it is in talks in Europe and the United States for
Flour Mills to list cement unit, Nigeria
United Cement Company of Nigeria Limited (UNICEM), part of the Flour Mills of Nigeria group, is to
Egypt’s South Valley Cement 1H falls
Egypt’s South Valley Cement first-half net profit fell 94 per cent to EGP5m (US$838,997), the stock
Taihieyo in new financing efforts for plant reconstruction
Taiheiyo Cement Corp said Tuesday it will raise up to JPY37.53bn (US$489m) through equity financing
China Resources expands in Yunnan, China
China Resources Cement announced its wholly owned subsidiary China Resources Cement Holdings (Hong Kong) Limited entered into
Shanshui Cement announces robust first half profits
Shanshui Cement, the largest cement enterprise in Shandong and Liaoning Provinces in China, announced its unaudited interim results
India Cements profits boosted
India Cements posted 308.4% YOY growth in its net profit to INR1.02bn for 1QFY2012, primarily on
YTL Cement net profit rises, Malaysia
YTL Cement Bhd posted a 19.08% rise in net profit to MYR80.10m (US$26.8m) and a 28.52% gain in