Cement News tagged: Corporate

Cemento Nacional sells non-core assets

10 September 2004, Published under Cement News

Ecuadorian cement producer Cemento Nacional (CN) has sold non-core assets to maintain a focus on cement, concrete and aggregate production, daily newspaper Hoy reported. Five factories that produce b

Lafarge widens first half margins

10 September 2004, Published under Cement News

On the back of a 7.0% increase in turnover to €6,794m, Lafarge increased the operating profit at the EBITDA level by 18.2% to €1,317m and the trading profit by 30.7% to €876m. Helped by a 28.5% reduct

Boral eyes Florida tile market

10 September 2004, Published under Cement News

The Australian-based building materials group Boral is investing US$12m in a clay tile plant joint venture on Trinidad to supply the Florida market. Boral’s joint venture partner, ANSA McAL Group, ow

Lafarge lifts guidance after forecast-beating H1.

09 September 2004, Published under Cement News

Lafarge’s first-half net profit more than doubled on higher demand for building materials amid better weather in Europe and North America, prompting the world’s biggest cement maker to imp

GCC’s domestic expansion options limited

GCC’s domestic expansion options limited

09 September 2004, Published under Cement News

Mexican Cement maker Grupo Cementos de Chihuahua’s limited expansion opportunities in Mexico and dependence on operations in Chihuahua state hinder its credit rating, Standard & Poor’s ana

Buyers eye Turkish factories

08 September 2004, Published under Cement News

Italcementi SpA unit Ciments Francais has declared its interest in acquiring several factories in Turkey formerly operated by local diversified group Uzan, and which were placed under state control af

RMC: takeover bid from CRH?

RMC: takeover bid from CRH?

08 September 2004, Published under Cement News

Shares in RMC Group PLC gained in early trade as dealers mulled UK news reports that the cement group could soon be on the receiving end of a UK£2.1bn cash bid, worth 800 pence per share. Traders at

Gresik to expand cement capacity

07 September 2004, Published under Cement News

Indonesia’s Semen Gresik to expand cement capacity by 5.3Mt - report news sources in Jakarta. State-owned PT Semen Gresik, the country’s largest cement producer, plans to raise its consoli

Ciment Francais Expects Rise in 2004 Profit

07 September 2004, Published under Cement News

French cement maker Ciments Francais SA expects its 2004 net profit to improve as compared to 2003, in view of its financial results for the first half of 2004, the company said on September 7, 2004.

Buzzi Unicem 2004 EBITDA

06 September 2004, Published under Cement News

Italian cement and concrete company Buzzi Unicem will post 2004 earnings before interest, tax, depreciation and amortisation (EBITDA) in line with the 2003 results, company vice president Franco Buzzi

Union Cement’s new name

06 September 2004, Published under Cement News

Union Cement Corp.’s board has approved a change in the company’s name to Holcim Philippines Inc. after Swiss cement maker Holcim’s affiliate, Cemco Holdings Inc., raised its stake

Birla Corp To Take Up Lodha re-appointment

06 September 2004, Published under Cement News

Birla group company — Birla Corporation Ltd would take up the issue of re-appointing Rajendra Lodha as the director of the company, at its annual general meeting (AGM) on September 15, 2004. The prop

Republic Cement to issue P1.35-B convertible notes

06 September 2004, Published under Cement News

Republic Cement Corp. yesterday said it will issue P1.35 billion in convertible loan notes to Lafarge Cement Philippines, Inc. in exchange for its stake in Continental Operating Corp. In a disclosure

Republic Cement to issue P1.35-B convertible notes

03 September 2004, Published under Cement News

Republic Cement Corp. yesterday said it will issue P1.35 billion in convertible loan notes to Lafarge Cement Philippines, Inc. in exchange for its stake in Continental Operating Corp. In a disclosure

Cementos Alfa Profit up 29.6 pct

03 September 2004, Published under Cement News

Spanish cement maker Cementos Alfa SA posted a net attributable profit of 8.2 mln euro ($10 mln) for the first half of 2004, a 29.6 pct year-on-year increase, the company reported to Spain’s sto

CRH improves first half margins

02 September 2004, Published under Cement News

First half turnover rose by 21.6% to EUR5,670.4m and the operating profit at the EBITDA level advanced by 35.3% to EUR624.4m, with the trading profit jumping by 57.2% to EUR384.6m. Excluding acquisit