Cement News tagged: Corporate
Egypt Misr Cement Qena plans dividend
The board of Egypt’s Misr Cement Qena plans to pay a dividend of EGP5 (US$0.8) per share from first-half profit
India Cements net rises fourfold
India Cements Ltd said on Friday its net profit rose over fourfold to INR102.03 crore for the quarter
Goldman Sachs downgrades Buzzi, Italcementi
Goldman Sachs has lowered the share price target on Italian cement maker Buzzi Unicem.
Egypt’s Misr Beni Suef H1 net profits fall 21%
Egypt’s Misr Beni Suef Cement posted a 21 per cent drop in first half net profit to LE152.8m (EGP25.6m),
CRH increases its financial flexibility
The arbitration tribunal to which CRH and Semapa took their dispute has ruled that Semapa was within its rights to demand the exercise of a call option on the 49% stake that CRH holds in the
Exane cuts Ciments Francais recommendation to "neutral"
Exane BNP Paribas lowered today the recommendation on French cement group Ciments Francais to
Cemex rolls over receivables securitization program
Cemex said Tuesday that it rolled over a program in Mexico to securitise accounts receivable for MXN2.5bn (US$202m)
Kuwait Cement first-half net profit
Kuwait Cement Company said in a bourse filing yesterday it booked a net profit of KWD8.69m (US$31.2m)
Moody’s downgrades Lafarge, outlook stable
Credit rating agency Moody’s downgraded on Friday the long-term senior unsecured ratings of Lafarge to Ba1 from Baa3.
Qatar National Cement Company reports fall in net profit
Qatar National Cement Company (QNCC) has reported 17% shrinkage in the first half’s net profit to
Hail Cement to sell shares, Saudi Arabia?
The Capital Market Authority (CMA) has recently announced the offering dates for the initial public offering (IPO) of Hail Cement Company (HCC). 

Kenya Athi River 1H profit rises, demand strong
Kenya’s Athi River Mining posted a 23 per cent rise in half-year pretax profit and said demand for cement
Buzzi Unicem expects a better second half
Buzzi Unicem’s first half turnover improved 9.1% to €1339.4m, but the EBITDA still came down by 3.2% to €183.1m. For the full year, however
LSR Group retains Fitch rating, Russia
Fitch ratings has affirmed OJSC LSR Group’s (LSR) Long-term foreign currency Issuer Default Rating
Grace opens new manufacturing facility in India
Grace Construction Products, an operating segment of WR Grace & Co, has started manufacturing from a new facility near Delhi, India.
Egypt’s Alex Cement lifts first-half profit 25%
Egypt’s Alexandria Cement said on Thursday its first-half net profit rose 25 per cent YoY