Cement News tagged: Corporate

UAE Gulf Cement approves bonus

14 April 2005, Published under Cement News

The extraordinary general shareholders’ meeting of UAE cement maker Gulf Cement Company approved on April 13, 2005 a 20 per cent bonus issue for 2004, which is to raise the company’s paid-

Cemex begins bond auction

14 April 2005, Published under Cement News

Cemex began auctioning Wednesday bonds worth a total of 3.75bn pesos (US$339m), the company reported to the Mexico City bourse (BMV).

Saudi Tabuk Cement

13 April 2005, Published under Cement News

Saudi cement producer Tabuk Cement Company (TCC) posted a net profit of SAR34m(US$9.1m) for the first quarter of 2005, up from SAR25.6m (US$6.8m) in the year-ago period, according to the company&rsquo

Uralcement to raise capita

13 April 2005, Published under Cement News

At an AGM of Uralcement held in Pervomaysky Korkino of the Chelyabinsk region shareholders of the company made a decision to raise the authorized capital by 32.4 per cent from RUR308,452 to RUR408,452

IMSA Willing To Buy Stake in Hylsamex, Mexico

IMSA Willing To Buy Stake in Hylsamex, Mexico

13 April 2005, Published under Cement News

Mexican industrial conglomerate Industrias Monterrey SA. (IMSA) is studying possibilities to buy a stake, or to merge with Mexican ready-mix maker Hylsamex, a unit of Mexican diversified holding Grupo

Semen Gresik may issue more bonds

12 April 2005, Published under Cement News

PT Semen Gresik was studying the possibility of issuing some bonds to finance the development of new facility at the total value of US$300m - US$350m and to repay its IDR447 billion bonds which would

Holcim-Gujarat ambuja offer

Holcim-Gujarat ambuja offer

12 April 2005, Published under Cement News

Indian investors have put in shares constituting about 21 per cent capital of Associated Cement Company Limited in response to a combined open offer by Gujarat Ambuja Cement Ltd and Holcim Ltd which c

Dontsement Increases Cement Production

12 April 2005, Published under Cement News

In January-March, the Dontsement company (Amvrosiivka, Donetsk region, Ukraine) increased cement production by 54.4 per cent or 62,000t compared with January-March 2004, to a total 176,000t. This was

Holcim to invest more in Romania

12 April 2005, Published under Cement News

Holcim Romania, plans to invest around 32 million euros this year in Romania, financial daily Ziarul Financiar reported on Tuesday. Holcim Romania’s turnover rose by 30 percent in 2004 from the

Goltas Cimento increases net profits

12 April 2005, Published under Cement News

Turkish cement, clinker and ready mix concrete producer Goltas Cimento posted a net profit of 19.194 mln new Turkish lira ($14.3m) for 2004, up from 11.038 mln lira ($8.2m) for the previous year, acco

Holcim and GACL achieve financial closure, India

11 April 2005, Published under Cement News

Gujarat Ambuja Cements Ltd (GACL) and Holcim Ltd on Thursday completed financial closure of transaction worth Rs 35.4bn (US$810.4m) under which Holcim will hold 67 per cent stake in Ambuja Cement Indi

Egyptian Ameriya Cement 2004 profit rise

11 April 2005, Published under Cement News

The net profit of Egyptian cement company Ameriya Cement rose 13.22 per cent YoY to E£23.63m (US$4.1m) in 2004.

Kuwaiti Cement Co to raise capital

11 April 2005, Published under Cement News

Kuwaiti cement maker Kuwait Cement Company will raise its capital to KWD39.5m (US$135.3m) via a five per cent bonus issue for 2004.

Taiwan Cement March parent sales

11 April 2005, Published under Cement News

Taiwan Cement Corp said its parent sales in March rose to TWD 2.50bn from TWD 2.48bn in the same month last year.

China Resources Cement Jan-Feb sales up

08 April 2005, Published under Cement News

China Resources Cement Holdings Ltd saw sales of its core cement and concrete products grow in the first two months of this year, but the gross profit margin fell as raw material costs increased, the

Holcim GAC close deal

08 April 2005, Published under Cement News

Gujarat Ambuja Cement (GACL) and Holcim on Thursday announced the completion of the financial closure of a Rs 3,540 crore transaction by which Holcim has taken a stake in Ambuja Cement India. "Holcim