Cement News tagged: Corporate

Chia Hsin Cement 2004 net rising

11 June 2004, Published under Cement News

The 2004 profit of Chia Hsin Cement Greater China Holding Corp is expected to rise 30 percent over 2003 despite China’s measures to cool its economy, said the firm’s Taiwan parent on Thurs

Spanish Cementos Rezola

11 June 2004, Published under Cement News

Cementos Rezola and concrete producer Hormigones y Minas, part of Spanish cement group Financiera y Minera (FyM), owned by Italian cement group Italcementi, posted a combined turnover of 107.9 mln eur

Australian cement bid ends up in court

08 June 2004, Published under Cement News

The Australian Competition and Consumer Commission is seeking an injunction in the Federal Court to prevent Boral from taking any steps to acquire or exercise substantial influence over Adelaide Brigh

Brazil Portobello sells to Lafarge

07 June 2004, Published under Cement News

Brazil’s ceramic producer Portobello SA has sold its mortar producing subsidiary PortoKoll Ltda to Lafarge in a deal estimated at 28.1 mln Brazilian reais (US$8.97m) The purchase was made via La

ACCC moves to stop ABB

ACCC moves to stop ABB

07 June 2004, Published under Cement News

The Australian Competition and Consumer Commission (ACCC) has launched legal action to try to stop Boral’s takeover plans for cement maker Adelaide

Esther Koplowitz in negotiations

07 June 2004, Published under Cement News

Madrid: Esther Koplowitz could be close to signing a deal with Veolia, according to the newspaper Expansion. According to this source, some financial investors, (Ibersuizas, a UK and a French group) c

L&T to integrate divisions

L&T to integrate divisions

07 June 2004, Published under Cement News

Toubro will be integrating its engineering construction and contracts (ECC) division and its engineering and construction (E &C) business as part of a grand five-year strategy to more than double its

Turkish Sabanci turnover up

04 June 2004, Published under Cement News

Sabanci Holding registered a 46 per cent year-on-year rise in its consolidated turnover to US$1.934bn (1.583bn euro) for the first three months of 2004, according to Sabanci Holding CEO, Celal Metin.

Cemex shareholders opt to capitalise

04 June 2004, Published under Cement News

Cemex said on Thursday more than 96 per cent of shareholders opted to take dividend payments in new shares in a capitalization of the world’s No 3 cement maker. Cemex often gives shareholders t

Guj Ambuja gets nod for ACRL merger

04 June 2004, Published under Cement News

Gujarat Ambuja Cements announced that it has received the approval from the Board for Industrial and Financial Reconstruction (BIFR) for merging Ambuja Cement Rajasthan Ltd (ACRL) with itself. Gujarat

Egyptian Misr Cement Qena Reports US$2.6 M net profit Q1 2004

03 June 2004, Published under Cement News

Egyptian cement producer Misr Cement Qena posted a net profit of 15.92m Egyptian pounds (US$2.6m/2.1m euro) for the first quarter of 2004, against a net loss of 5.79m pounds (US$937,000/769,000 euro)

Jurong Cement share premium overstated

02 June 2004, Published under Cement News

An incorrect accounting treatment made in the 1997/1998 accounts has resulted in an overstatement of Sin$13.35 million in Jurong Cement’s share premium in associated companies. Calling it &rsquo

Arabian Cement Co sells shares

02 June 2004, Published under Cement News

Saudi cement producer Arabian Cement Company (ACC) has sold parts of its stakes in several local joint-stock companies, which has resulted in a profit of 72,149,160 Saudi riyals ($19.2m), it was repor

Lafarge expects annual turnover increase

02 June 2004, Published under Cement News

Lafarge expects to generate an annual turnover increase between 8.0 pct and 10 pct in middle term, the company’s managing director Bernard Kasriel said at the general shareholders’ meetin

BHA bought by GE

02 June 2004, Published under Cement News

General Electric Co’s GE Energy division agreed to acquire BHA Group Holdings Inc., a provider of air-quality control products, for about $260 million. The $38-a-share acquisition is designed to

RMC share disposal

01 June 2004, Published under Cement News

RMC has announced that on 31 May 2004 it completed the sale of 28.9m shares in Adelaide Brighton Limited ("ABL"), representing 5.3% of the issued share capital of ABL, for which it will receive a cash