Cement News tagged: Corporate

Holcim woos ACC investors

06 April 2005, Published under Cement News

Holcim, has taken an aggressive approach to push through its open offer to the shareholders of the Associated Cements Ltd (ACC). DSP Merrill Lynch, merchant banker to the offer, has appointed agencies

Suez Cement net income up 84 per cent

05 April 2005, Published under Cement News

The Suez Cement group, in which the Italcementi Group has a 54.2 per cent stake, increased net income by 84.3 per cent in 2004 to 394.3 million Egyptian pounds (US$68m), the company said yesterday. It

Sanghi out on bail

05 April 2005, Published under Cement News

Indian cement baron Ravi Sanghi, arrested by the Directorate of Revenue Intelligence (DRI), was released on bail by the chief judicial magistrate’s court in Bhuj on Friday. The country’s

Eurocement Group releases operating results

05 April 2005, Published under Cement News

Russian cement group, eurocement, which recently announced that it would take over the cement assets of Inteko, produced more than 1.1Mt of cement in Jan-Feb 2005, an

Black women’s alliance takes stake in quarrying group

Black women’s alliance takes stake in quarrying group

05 April 2005, Published under Cement News

National African Women’s Alliance (Nawa) has acquired a 26 per cent stake in aggregate quarrying company South Coast Stone Crushers for an undisclosed sum, effectively

Eagle Materials: new wallboard plant

04 April 2005, Published under Cement News

Eagle Materials Inc. announced today that its subsidiary company, American Gypsum Company, plans to build a new high-speed, environmentally friendly gypsum wallboard plant near Georgetown, South Carol

Nuh Cimento Increases 2004 net profits

Nuh Cimento Increases 2004 net profits

04 April 2005, Published under Cement News

Turkish cement and clinker producer Nuh Cimento posted a net profit of 34.406 mln new Turkish lira ($25.6m) for 2004, up from 23.522 mln lira ($17.5m) for the previous year,

HeidelbergCement extends deadline

01 April 2005, Published under Cement News

HeidelbergCement AG has extended its deadline for purchasing the remaining shares in cement maker Teutonia Zementwerk AG by two weeks, a company spokesman said. The

India Cements, possible settlement deal

01 April 2005, Published under Cement News

India Cements, which is on a comeback trail by trimming losses and improving price realisation, has finalised a fresh loan at low cost with an all-India institution even as the

Adana Cimento posts higher profit

01 April 2005, Published under Cement News

Cement company Adana Cimento disclosed its 2004 consolidated financials, which show that the company’s net profit climbed to TRY36.4m last year, from TRY 17.5m profit posted

New face at Eagle

31 March 2005, Published under Cement News

Eagle Materials Inc. announced today that D Craig Kesler has been promoted to Vice President - Investor Relations and Corporate Development. Craig joined Eagle Materials in 2004 as the Director of Str

Colombian construction sector reports positive results

31 March 2005, Published under Cement News

In spite of the drop in growth trends, the Colombian construction sector reported positive results last year. Cement manufacturer Cemento Argos increased profits by 20 per cent due

Pioneer holds 2.369 per cent in italcementi

31 March 2005, Published under Cement News

Italian Pioneer Investments Management Sgr, the asset management arm of banking group UniCredito Italiano, now holds a 2.369 per cent stake in Italian cement producer and

Semapa has no plans to sell

31 March 2005, Published under Cement News

Portuguese cement company Semapa has no plans to sell its renewable energy company Enersis in the short-to medium-term, Chairman and Chief Executive Pedro Queiroz Pereira

Dyckerhoff’s 2005 outlook

31 March 2005, Published under Cement News

According to work done by analysts at Exane BNP Paribas, Dyckerhoff?s outlook for 2005 is positive as the Group confirmed its target of EUR1.3bn sales for the year (vs. EUR1.2bn in 2004) and its outlo

Thailand: SCC sees same revenue growth this year

29 March 2005, Published under Cement News

Siam Cement Plc (SCC), Thailand’s largest industrial conglomerate, said it may generate revenue in 2005 that is close to last year?s 75.2 billion baht from its petrochemical business,