Cement News tagged: Corporate

Holcim offer for ACC may open on March 23

21 March 2005, Published under Cement News

Holcim’s open offer for Associated Cement Companies will be rescheduled to commence mid-week next, most likely on March 23. The offer has received clearance from the

Dyckerhoff adjusted net profit up

21 March 2005, Published under Cement News

German building materials manufacturer Dyckerhoff AG, controlled by Italian cement and concrete company Buzzi Unicem, reported a net profit of 41 mln euro ($54.8 mln) for 2004,

Lafarge Ciments Appoints HR Director

21 March 2005, Published under Cement News

Lafarge Ciments, the cement division of French building materials group Lafarge, appointed Alain Guillen, 44, human resources (HR) director, it was reported on March 18, 2005. Prior

Tasek to set up plant in Vietnam

21 March 2005, Published under Cement News

TASEK Corp Bhd will set up a joint venture with Saigon Cement Joint Stock Company in Vietnam to establish a cement manufacturing plant in Ho Chi Minh City, Vietnam. Tasek will

Italcementi revenue up

Italcementi revenue up

18 March 2005, Published under Cement News

Revenues for Italian cement producer and distributor Italcementi SpA rose by 5.7 per cent year on-year to Euro 4.528bn in 2004. The company’s net financial debt dropped to Euro

Cimpor FY04 net profits unchanged

18 March 2005, Published under Cement News

Cement company Cimentos de Portugal SA said Thursday that despite flat sales and higher costs it posted consolidated net profits of EUR189.5m in 2004, the same as its profits for

Sebi clears Holcim open offer

Sebi clears Holcim open offer

18 March 2005, Published under Cement News

The Securities and Exchange Board of India today approved the Swiss giant Holcim’s open offer to bid for stake in Associated Cement Companies at the rate of Rs 370 per share.

Open offer for Everest on hold

17 March 2005, Published under Cement News

As a direct fall out of rescheduling of the Holdcem Cement Pvt Ltd (HCPL) open offer to shareholders of ACC and Ambuja Cement Eastern Ltd (ACEL), the offer for Everest India Ltd (EIL) has been put on

Caltagirone net debt reduction

17 March 2005, Published under Cement News

Italian holding group Caltagirone registered a net financial debt of Euro 169.5m at end-2004, it was reported on March 16, 2005. The group had a net financial position of Euro 183.6m at end-2003. The

Semapa net profit quadruples

16 March 2005, Published under Cement News

Portuguese conglomerate Semapa SGPS which is a majority owner of Portuguese cement maker Secil, said net profit more than quadrupled to Euro 182.1m last year from Euro 40.1m

Taiwan’s Asia Cement to inject more capital

16 March 2005, Published under Cement News

Asia Cement Corp said its board has approved the injection of US$33.16m into its China-based unit Jiangxi Yadong Cement Co. Ahead of the injection, the unit now has paid-in

Moldovan Ciment Rezina

16 March 2005, Published under Cement News

Moldovan cement producer Ciment Rezina, majority-owned by French building materials group Lafarge, increased its net profit twice to 19 mln Moldovan lei (Euro 1.1m) in 2004

Ciments Francais says Egypt Cement offer oversubscribed

16 March 2005, Published under Cement News

Ciments Francais, the French unit of Italy’s Italcementi SpA, said Tuesday its revised offer, launched in conjunction with a number of other international investors, to buy some 21 million

Lafarge to develop its US positions

16 March 2005, Published under Cement News

Bruno Lafont, managing director of Lafarge, the French building materials group, has said that it is interested in consolidating its position in mature markets such as North America as

Cementos Bio Bio earnings up

15 March 2005, Published under Cement News

Chile’s Cementos Bio Bio posted a 24.4bn-peso (US$41.4m) consolidated net profit in 2004, up 18.7 per cent from the previous year, the cement maker reported to the country’s

Lafarge ups stake in Vietnam concrete business

15 March 2005, Published under Cement News

Lafarge Malayan Cement Bhd subsidiary Supermix Concrete (Malaysia) Sdn Bhd has acquired the remaining 57 per cent stake in Supermix Asia Pte Ltd that it does not already