Cement News tagged: Corporate

Mikhailovcement increases output

11 August 2004, Published under Cement News

Output of Mikhailovcement exceeded 1Mt tons of cement in Jan-July 2004

Lemminkäinen reports

11 August 2004, Published under Cement News

In a positive construction environment and thanks to a less severe winter, the leading Finnish building materials and contracting group Lemminkäinen saw first half turnover improve by 14.3% to €640.8m

Dyckerhoff’s profits shift east

10 August 2004, Published under Cement News

First half turnover rose by around 4% to EUR550m after adjusting for changes to the corporate structure, without which there was a 12.7% decline.

Heracles Cement H1 profit up

10 August 2004, Published under Cement News

Greek cement producer Heracles, majority owned by France’s Lafarge, said first half group pretax profit grew 37.5 percent to EUR55m (US$67.42m).

Readymix posts 20pc pre-tax fall, Ireland

Readymix posts 20pc pre-tax fall, Ireland

09 August 2004, Published under Cement News

Irish cement maker Readymix has reported a 20 per cent drop in pre-tax profits to EUR9.5m, in the six months ended June 2004.

Acquisitions push up HeidelbergCement’s volumes

09 August 2004, Published under Cement News

Turnover at HeidelbergCement rose by 7.5% to EUR3,242m in the first half of this year, with the EBITDA climbing by 22.5% to EUR485m. Helped by the inclusion of China Century Cement and Indocement, del

Kuwait Portland Cement H1

Kuwait Portland Cement H1

06 August 2004, Published under Cement News

The net profit of Kuwaiti cement trader Kuwait Portland Cement fell to 2.77 mln Kuwaiti dinars (US$9.4m) in the first half of 2004 from 6.54 mln dinars ($22.2m) in the same period of 2003. Kuwait Por

Thailand’s SEC charges

06 August 2004, Published under Cement News

The Securities and Exchange Commission has filed a criminal complaint against Prachai Leophairatana, Stern Stewart (Thailand) and TPI Polene Plc for the alleged disclosure of false information regardi

ACC continues to improve

06 August 2004, Published under Cement News

Indian Cement companies have enjoyed a significantly better operating environment in the June quarter, and this is reflected in ACC’s results. The takeaway from ACC’s results is that price

Tasek Corp net profit up 180%

06 August 2004, Published under Cement News

Malaysian Tasek Corporation Bhd’s net profit surged some 180% to RM50.69 million for its financial year ended June 30, 2004 from RM18.1 million a year earlier due to higher demand for cement, pricing

HeidelbergCement Q2 pretax flat at EUR204m

05 August 2004, Published under Cement News

HeidelbergCement AG said its second quarter pretax profit fell to 204 mln eur from 207 mln on foreign exchange losses, while sales rose.

Indian shares lower on soaring oil prices

04 August 2004, Published under Cement News

Shares are expected to fall for a second straight day on Wednesday, with sentiment weighed down by record high oil prices, brokers said.

Cement Contractor Invests $18m

04 August 2004, Published under Cement News

Shareholders of Devcon International Corp, a publicly held $55 million contractor known for its Caribbean construction and concrete businesses, have approved the creation of a security division headed

Vicat sales rise

03 August 2004, Published under Cement News

French building materials supplier Vicat SA reported sales of Euro 792m for the first half of 2004, a 10 per cent rise from the first six months of 2003.

Indonesia Gresik Q2 net soars on sales

03 August 2004, Published under Cement News

Semen Gresik reported on Tuesday a jump in second-quarter net profit as new construction spurred demand and historically low interest rates reduced debt payment costs.

Wolseley increases Irish presence

02 August 2004, Published under Cement News

The leading European and North American distributor, Wolseley is substantially increasing its presence on the Irish market.