Cement News tagged: Corporate
HeidelbergCement profit rises
German cement major HeidelbergCement ended the 2010 financial year successfully, reporting increases in turnover and operating margins
Indocement 4Q10 net profit falls, Indonesia
PT Indocement Tunggal Perkasa, Indonesia’s biggest cement maker by market value, on Thursday said its fourth-quarter 2010 net profit fell four percent as costs climbed.
Lafarge Cement Zimbabwe profit unchanged
Lafarge Cement Zimbabwe Ltd. said net income for the 12 months through December was unchanged at US$2.7m
Schenck Process acquires Clyde Process Solutions
Since the end of February Schenck Process (Germany) has been the sole shareholder of Clyde Process Solutions
Cemex announces closing of US$1.67bn convertible notes
Cemex announced today the closing of an offering of US$1.67bn aggregate principal amount of two series of convertible subordinated notes, one of which matures in 2016
HeidelbergCement reports 4Q10 net profit
HeidelbergCement reported a profit in the fourth quarter of 2010 and also expects higher turnover and operating income in 2011.
Recent order for GEI Industrial Systems in India
GEI Industrial Systems Ltd, one of the leading manufacturers of Cooled Vacuum Steam Condensers (ACSC) and Air Cooled Heat Exchangers (ACHE)
HeidelbergCement proposes increased dividend
The Managing Board and Supervisory Board of HeidelbergCement decided today to propose to the
Suez Cement declares EGP3.9 dividend, Torah EGP4.3
Suez Cement, Egypt’s largest listed cement maker by market value, declared a cash dividend of EGP3.90 ($0.658) per share, the bourse said on Wednesday.
Mangalam Cement’s board appoints executive directors, India
Mangalam Cement has informed that the board of directors of the company at its meeting held on March
Cimentos Liz to bring in up to US$504m through IPO
Brazilian cement producer Cementos Liz is launching an IPO on São Paulo stock exchange Bovespa that could reach BRL837m (US$504m
Egypt’s Misr Cement Qena 2010 profit up 21.6%
Egypt’s Misr Cement Qena posted a 21.6 per cent rise in full year 2010 net profit to EGP428.3m
NSFF will still hold Bamburi shares, Kenya
Kenya’s National Social Security Fund (NSSF) has not reached any decision to divest from cement manufacturer Bamburi as had been reported in a Kenyan daily, the fund said in a statement on Frida
Oman Cement Company full year results
Oman Cement Company recorded net income of OMR25m (US$64.9m) in 2010 as compared to OMR24.2m in the previous year.
Kuwait Cement posts USD 48m net profit in 2010
Kuwait Cement Company said yesterday its net profit rose to KWD13.36m (USD 48m) in 2010 from KWD 12.81m a year earlier.
Kenya’s State Pension Fund denies Bamburi stake-sale plan
Kenya’s National Social Security Fund will “not necessarily” sell its entire 14 per cent stake in Bamburi