Cement News tagged: Corporate

New face at Eagle

31 March 2005, Published under Cement News

Eagle Materials Inc. announced today that D Craig Kesler has been promoted to Vice President - Investor Relations and Corporate Development. Craig joined Eagle Materials in 2004 as the Director of Str

Colombian construction sector reports positive results

31 March 2005, Published under Cement News

In spite of the drop in growth trends, the Colombian construction sector reported positive results last year. Cement manufacturer Cemento Argos increased profits by 20 per cent due

Pioneer holds 2.369 per cent in italcementi

31 March 2005, Published under Cement News

Italian Pioneer Investments Management Sgr, the asset management arm of banking group UniCredito Italiano, now holds a 2.369 per cent stake in Italian cement producer and

Semapa has no plans to sell

31 March 2005, Published under Cement News

Portuguese cement company Semapa has no plans to sell its renewable energy company Enersis in the short-to medium-term, Chairman and Chief Executive Pedro Queiroz Pereira

Dyckerhoff’s 2005 outlook

Dyckerhoff’s 2005 outlook

31 March 2005, Published under Cement News

According to work done by analysts at Exane BNP Paribas, Dyckerhoff?s outlook for 2005 is positive as the Group confirmed its target of EUR1.3bn sales for the year (vs. EUR1.2bn in 2004) and its outlo

Thailand: SCC sees same revenue growth this year

29 March 2005, Published under Cement News

Siam Cement Plc (SCC), Thailand’s largest industrial conglomerate, said it may generate revenue in 2005 that is close to last year?s 75.2 billion baht from its petrochemical business,

SCG to make major change in management team

SCG to make major change in management team

29 March 2005, Published under Cement News

The Siam Cement Group (SCG) plans to make a major change in its management team, aimed at giving executives an opportunity to steer the group toward the future of stability. Abhiporn Pasawat, Preside

Cimpor Sells 432,960 shares to employees

29 March 2005, Published under Cement News

Portuguese cement company Cimpor - Cimentos de Portugal sold a total 432,960 own shares to company’s employees, it was reported on March 25, 2005. The shares were sold

HeidelbergCement EBITDA improves

29 March 2005, Published under Cement News

In 2004, HeidelbergCement managed to increase the operating profit at the EBITDA level by 19.0% to €1,219.3m on a turnover 8.8% higher at €6,929.4m. Although the net interest charge was 10.1% higher

Buzzi Unicem improves its margins

29 March 2005, Published under Cement News

On an underlying 1.8% increase in cement sales to 31.9Mt, the Buzzi Unicem group has reported a 7.4% increase in the operating profit at the EBITDA level to €710.6m. This compared with a correspondin

HeidelbergCement sees slightly higher sales

24 March 2005, Published under Cement News

HeidelbergCement AG said Wednesday it will lower its dividend payment for 2004 after swinging to a net loss in 2004 as a result of extraordinary charges. The company said it moved ahead with measures

Indocement suffers from Forex loss

23 March 2005, Published under Cement News

Indocement Tunggal Prakarsa suffered foreign exchange losses of IDR498 billion, reducing the net profit of the company to IDR116 billion. The financial report of the cement

Anhui Conch profit increase

23 March 2005, Published under Cement News

Anhui Conch Cement Co., China’s dominant cement producer, reported a 29 per cent rise in its 2004 net profit, buoyed by strong demand. Anhui Conch posted net profit of 960.9 million yuan (US$116

Minetti takes Bolivian concrete company

23 March 2005, Published under Cement News

Argentina: Juan Minetti, a subsidiary of Holcim, has taken control in the Bolivian based concrete company Corcecruz, pushing up its stake from 50 per cent to 100 per cent. The

Sebi yet to clear Holcim offer for Ambuja Eastern

22 March 2005, Published under Cement News

The Securities and Exchange Board of India (Sebi) has not yet given its nod to Holcim’s open offer to the minority stakeholders of Ambuja Cement Eastern even as Holcim’s open offer for acquiring up to

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