Cement News tagged: Corporate

Ras Al Khaimah Cement improves

19 February 2004, Published under Cement News

Ras Al Khaimah Cement Company, fuelled by the boom in the UAE’s construction sector, has posted a sharp increase profit in 2003 profits. The company earned a net profit of Dh30.02 million for 20

Japan’s Taiheyo cement to introduce cash management system

18 February 2004, Published under Cement News

Taiheiyo Cement Corp is introducing a system to centralize cash management within its corporate group

Ciments Français has a bad year in the United States

18 February 2004, Published under Cement News

Ciments Français, the international arm of Italcementi, produced a turnover of €2898.9m last year, a drop of 1.1 per cent but representing an underlying increase of 3.4 per cent exchange rate movement

CRH stays silent on Portugal expansion

17 February 2004, Published under Cement News

CRH was not willing to comment yesterday on a Sunday Business Post report naming it as one of a number of parties considering an offer for a 41 per cent stake in Secil, Portugal’s second largest

Wienerberger increases trading profit by a quarter

Wienerberger increases trading profit by a quarter

16 February 2004, Published under Cement News

Wienerberger AG, the world’s leading brick manufacturer, increased turnover by 10.4% in 2003, to Eur1826.0m. Organic growth was around 4%, with the initial contribution from Koramic Roofing adding Eu

Lafarge NA marks 20 Years of Trading On the Toronto Stock Exchange

13 February 2004, Published under Cement News

Lafarge North America Inc., the leading supplier of construction materials in the U.S. and Canada, announced that Philippe Rollier, president and chief executive officer, will celebrate 20 years of tr

Cementos de Valle

Cementos de Valle

13 February 2004, Published under Cement News

Colombian cement producer Cementos de Valle earned profits of 89.2bn pesos (US$32.6mn) in 2003, up 11.6% over 2002, Portafolio reported. The company has proposed a dividend of 228 pesos per share in

Capital Group and Holcim

13 February 2004, Published under Cement News

In accordance with Article 20 of the Federal Act on Stock Exchanges and Securities Trading (Stock Exchange Act), Holcim Ltd was informed by The Capital Group Companies, Inc., Los Angeles, CA, USA that

ACC India may sell its stake In Everest

12 February 2004, Published under Cement News

Associated Cement Companies, India’s second-largest cement maker, plans to sell its 76.01 per cent stake in building products firm Everest Industries. ACC has initiated talks with prospective bu

Empresas Melon increases profits

11 February 2004, Published under Cement News

Empresas Melon, the Chilean cement holding company which is owned by Lafarge, reported profits of Pesos$16,630mil in 2003, an increase of 6.7 per cent on profits of Pesos$15,589m in 2002. Operating pr

French Vicat posts slightly higher turnover

11 February 2004, Published under Cement News

French building materials supplier Vicat SA reported a Euro1.463bn (US$1.863bn) turnover for 2003, a slight increase from Euro 1.462bn (US$1.862 bln) registered for the previous year. The group poste

Buzzi Unicem increases cement sales

11 February 2004, Published under Cement News

Buzzi Unicem generated at turnover of €1461m in the year to the end of December 2003. This is 1.2 per cent lower that in 2002, but adjusting for the considerable weakness in the US and Mexican curren

Lafarge Beton to announce a bid for PCLA shares

10 February 2004, Published under Cement News

Lafarge Beton Bratislava, a minority shareholder in cement producer Povazske Cementarne Ladce (PCLA) has decided to announce a competing takeover bid for PCLA shares. This bid should be in response to

Mangalam cement sale close

10 February 2004, Published under Cement News

The B K Birla group is close to finalising the deal to sell its 1.5Mta cement company, Mangalam Cement Ltd. The group is apparently at an advanced stage of negotiations with two buyers- the French con

Gulf Cement revenues jump 31 per cent

09 February 2004, Published under Cement News

The Ras Al Khaimah-based Gulf Cement Company earned revenues of U$67.4m last year, a 31 per cent increase over the previous year, according to its preliminary results. Higher sales contributed to its

Grasim May Have To Raise Offer For CemCo

06 February 2004, Published under Cement News

India’s Grasim Industries may have to raise its offer price to acquire a stake of more than 51% in Larsen & Toubro’s demerged cement business, the Economic Times reports.