Cement News tagged: Corporate

Holcim Transfer Semen Cibinong’s shares

10 January 2005, Published under Cement News

Holcim Participations (Mauritius) Limited had transferred its whole ownership on PT Semen Cibinong Tbk (SMCB) as much as 77.3 per cent to Holderfin BV, the owner of 100 per cent shares of Holcimin Par

India Cements in fund-raising move

10 January 2005, Published under Cement News

India Cements is raising nearly Rs 250 crore through a mix of instruments to foreign investors Asia Debt Recovery Company Ltd, ADM Maculus Fund LP and Sheen Pearl Investments. The funds will be utilis

Insiders in FLS sell 59,314 Shares

10 January 2005, Published under Cement News

An insider management group in Danish engineering and cement group FLS Industries sold 59,314 shares worth a total of 5.9 mln Danish crowns ($1.0m), it was reported on January 6, 2005. After the sale

New head for Lafarge North America

07 January 2005, Published under Cement News

Lafarge North America Inc. Toronto, today announced that Eric C. Olsen officially assumed his position as executive vice president and chief financial officer on January 1, 2005. As previously announc

Philippines’ Union Cement higher

Philippines’ Union Cement higher

07 January 2005, Published under Cement News

Shares of Union Cement Corp were higher in late morning trade as investors’ buying interest shifted to second-line stocks, dealers said. Union Cement was up 0.06 pesos or 2.46 per cent at P2.50

Holcim Romania 2004 turnover up

07 January 2005, Published under Cement News

Holcim Romania, a unit of Swiss cement company Holcim Ltd, said on Thursday its 2004 turnover grew 10% due to investments in quality, service and innovation. It recorded 118 million euro ($156.5m) in

Shui On to dispose of four concrete companies

Shui On to dispose of four concrete companies

06 January 2005, Published under Cement News

Shui On Construction and Materials Ltd wholly-owned unit Shui On Building Materials Ltd said it will sell to Maxking Investments Ltd the entire issued share capitals of four companies it

Lafarge to look again at Loma Negra?

06 January 2005, Published under Cement News

Lafarge is reported to be interested in acquisition of the Argentine cement company Loma Negra. This Argentinian company, owned by Argentine businesswoman Amalia Lacroze de Fortabat, was put for sale

CRH sees FY pretax profits rising

05 January 2005, Published under Cement News

CRH said its full-year profit before tax is expected to break the Euro 1bn level (2003: Euro 864m) for the first time. The group has performed strongly in 2004 with good full year organic growth and

More Indian consolidation expected

05 January 2005, Published under Cement News

Year 2005 is likely to witness a phase of consolidation in the cement industry. There are several small players in the country, both profitable and ailing, that could be on the acquisition radar. Anal

Stake acquisition of Suez Cement by Ciments Francais

05 January 2005, Published under Cement News

The 5.8 per cent stake acquisition of Suez Cement by Ciments Francais was executed yesterday at a price pertaining to US$12.87/share.

Shree Cement stock – good performance

05 January 2005, Published under Cement News

The Shree Cement stock has been among the best performing cement stocks in 2004, having gained around 70.3 per cent versus a 28.93 per cent rise for the industry leader Gujarat Ambuja Cement and a 11.

Bacnotan buys Danish firms’ shares in Atlas

04 January 2005, Published under Cement News

Bacnotan Consolidated Industries has just bought from two Danish firms almost 811,000 shares of Atlas Cement Corp. for US$4.4m.

Holcim Bulgaria posts growth

04 January 2005, Published under Cement News

Holcim Bulgaria, the cement works in the village of Beli Izvor, registered about 40 per cent growth and purchased new assets in 2004, the management said. The enterprise is reported one of the best pe

Foreign institutionals buy stake in Kesoram Industries

03 January 2005, Published under Cement News

Foreign institutional investors (FIIs) seem to have partially replaced Indian insurance company LIC in B K Birla flagship, Kesoram Industries

India Cements could bounce back

03 January 2005, Published under Cement News

Debt restructuring and the extraordinary demand generated from reconstruction of the tsunami-affected states of Tamil Nadu and Andhra Pradesh