Cement News tagged: Corporate

Greek cement firm Heracles’ H1 profit drops

30 September 2005, Published under Cement News

Greek cement maker Heracles , majority owned by France’s Lafarge , reported on Thursday a 30.9 per cent drop in its first-half pretax profit to 28.4 million euros. "Favourable weather and deman

Mexican GCC To Expand in South America, USA

30 September 2005, Published under Cement News

Mexican cement maker Grupo Cementos de Chihuahua (GCC) will expand operations in South America and the United States in a mid term, the investor relations director of the company, Luis Carlos Arias, s

SEC approves Fortune Cement Merger

29 September 2005, Published under Cement News

The Philippines’ Securities and Exchange Commission has approved the merger of Fortune Cement Corp and Continental Operating Corp., with Fortune Cement as the surviving entity. The merger was fi

Cemex Completes Secondary Share Offering

29 September 2005, Published under Cement News

Mexican cement maker Cemex SA completed its secondary share offering Wednesday, raising about $1.53 billion, the Mexican Stock Exchange said. The exchange said in a press release that including over-a

Mexico’s Cemex set to price $1.5 billion ADR offer

Mexico’s Cemex set to price $1.5 billion ADR offer

28 September 2005, Published under Cement News

Mexico’s Cemex will fix the price of a share offer worth around $1.5 billion after the stock market closes on Tuesday. Cemex plans to sell 27 million of its American Depositary

Boral upgrades and builds on Oracle platform

27 September 2005, Published under Cement News

Boral has revamped its information technology department, rolling its technical operations into an existing shared services centre that does much of the company’s back-office processing. Boral

Holcim Maroc H1 2005 net profit up

Holcim Maroc H1 2005 net profit up

27 September 2005, Published under Cement News

Holcim Maroc, a subsidiary of Swiss cement maker Holcim, posted a consolidated net profit of 169 mln Moroccan dirhams ($18.6m) for the first half of 2005, up by 2.2 per cent year-on-

CCC posts US$4.7m in 1H05 profits

26 September 2005, Published under Cement News

Jamaica’s Caribbean Cement Company (CCC) posted a J$294m (US$4.7m) net profit during 1H05, practically unchanged compared with the same period last year, when it reached J$293m, newspaper Jamaic

Jidong Cement sells stake to HeidelbergCement

26 September 2005, Published under Cement News

Tangshan Jidong Cement Company Limited has recently signed an agreement to form a joint venture to produce and market cement in Shaanxi province of Northwest China with HeidelbergCement Holding Hong K

TPI Polene share bid draws only one bid

26 September 2005, Published under Cement News

Only one bid was accepted on Tuesday in the auction of a 249-million-share block of TPI Polene, made by a Thai construction company offering just 17 baht per share, the Bangkook Post reports. The low

Cementos del Caribe may issue US$260mn in bonds

23 September 2005, Published under Cement News

The board of Cementos del Caribe, the newly consolidated Colombian cement company, has asked its shareholders to back the issue of bonds to finance short, medium and long-term projects, local press re

Texas Industries posts loss on spinoff costs

23 September 2005, Published under Cement News

Texas and California cement producer Texas Industries Inc. on Thursday reported a quarterly loss on debt retirement costs and other expenses related to the spinoff of its steel unit.

CLL Cement producer quits public trading

22 September 2005, Published under Cement News

Cement producer Cementaren Lietavska Lucka, a.s. (CLL) is withdrawing its shares from the Bratislava Stock Exchange (BCPB). The company shareholders decided on the withdrawal at their extraordinary ge

DG Khan Cement posts over double its last FY profit

22 September 2005, Published under Cement News

Khan Cement at the end of June 2005 fiscal year earned a net profit surpassing even double the amount of the previous year, however, the stakeholders’ expectations regarding bonus shares remained a fa

Italcementi net profit at EUR 213.3m

21 September 2005, Published under Cement News

Italcementi ended the first half of 2005 with a net profit of EUR213.3m down 2.2% compared to the same period of 2004.

EU OKs HeidelbergCement To Buy 50% Of Belgian Mermans

21 September 2005, Published under Cement News

The European Commission cleared Germany’s Heidelberg Cement) to take a 50% share of Dutch cement company De Hoop Terneuzen BV’s Belgian subsidiary, Mermans Beton.