Cement News tagged: Corporate

Green light for CRH cement deal

01 June 2004, Published under Cement News

CRH has received clearance from Brussels for its 372m euro tie up with the Portuguese cement maker Semapa. The deal will see the Irish firm operating three integrated cement units in a joint venture w

Kan to succeed Chumpol?

28 May 2004, Published under Cement News

With company president Chumpol Na Lamliang expected to step down next year, young bloods are taking the helm at Siam Cement Group, one of Thailand’s oldest and biggest industrial conglomerates,

Rinker’s Earnings Get a Lift From US

27 May 2004, Published under Cement News

Annual earnings for the Rinker Group Ltd’s annual earnings rose 12%, underpinned by the Australian construction-materials company’s extensive operations in the US and a better-than-expecte

TPI Polene Creditors approve debt buyback

25 May 2004, Published under Cement News

Creditors of TPI Polene PCL have agreed in principle to let the Thai cement maker buy back as much as $110 million in debt, a TPI Polene executive and one of its creditors said. "Creditors have agree

Melón posts ripe Q1 profits

Melón posts ripe Q1 profits

25 May 2004, Published under Cement News

Chilean cement company Empresas Melón posted an 8.37bn-peso (US$13.4mn) consolidated net profit in the first quarter, up 17.6% from 1Q03, the company said in a statement to the country’s securit

Heracles pretax profit up 137 per cent

25 May 2004, Published under Cement News

Greek cement producer Heracles said on Monday its first-quarter group pretax profit rose 137 percent to 14 million euros, thanks to better weather than last year and rising profit margins in Greece.

Colombian group Argos leads profit ranking

Colombian group Argos leads profit ranking

24 May 2004, Published under Cement News

In the first quarter this year, Colombian cement group Argos consolidated its position as one of the most solid organizations in the country and with the highest profit volume. Three companies of the

PPC result comment

24 May 2004, Published under Cement News

Pretoria Portland Cement has set the tone for the upcoming reporting season with strong interim and full year results. PPC was largely driven by improved infrastructural development as well as an inc

Titan first quarter advance

21 May 2004, Published under Cement News

The Titan cement group saw turnover increase by 10.7% to EUR231.6m and the operating profit at the EBITDA level rose by 32.0% to €55.3m, while the pre-tax profit more than trebled to EUR30.3m. Global

Cement merger on the cards?

21 May 2004, Published under Cement News

The Competition Tribunal is expected to hear two large mergers next week between three cement manufacturers -- Alpha, PCC and Lafarge -- and a proposed transaction involving investment holding compan

CSR unlikely to pursue Adbri

20 May 2004, Published under Cement News

CSR Ltd has indicated it is unlikely to pursue Adelaide Brighton Ltd after Boral Ltd’s takeover bid for the cement producer was rejected by the consumer watchdog.

Tarmac: no more UK cement plant plans

19 May 2004, Published under Cement News

Chief executive Robert Robertson says the £115m Buxton facility upgrade is final UK project. Tarmac has no plans for any further cement factories in the UK beyond the new £115m plant at Buxton

Juan Minetti Q1 net profit falls 55.8%

19 May 2004, Published under Cement News

Juan Minetti, Argentina’s second largest cement producer, saw first quarter net profits drop 55.8% to 28.8m pesos (US$10m) from 1Q03 due to exchange rate differences, the company said in a state

Indonesian producer loses Rp 14b in 2003

18 May 2004, Published under Cement News

Cement maker PT Semen Cibinong, a subsidiary of Holcim , has recorded a loss of Rp14bn (US$1.5m) last year due in part to a decline in exports.

Philippines Republic cement 1Q net lifted by acquisitions

18 May 2004, Published under Cement News

Philippine producer Republic Cement Corp said it swung to a net profit in the first quarter after a substantial loss in the year-ago period on account of its recent acquisitions, an increase in cement

Lafarge names Blatz head of aggregates, concrete

18 May 2004, Published under Cement News

Lafarge has put Jean-Charles Blatz in charge of its aggregates and concrete business following the departure of Charles de Liedekerke, it said on Monday.