Cement News tagged: Corporate
Buzzi Unicem hit by lower Italian cement prices
Buzzi Unicem’s first half turnover emerged 8.8% lower at €1,227.2m and the underlying EBITDA was
Torah Cement posts 1H rise, Egypt
Egypt’s Torah Cement posted a 7.3 per cent rise in its 2010 first half net profit to E£191.4m (US$33.7m)
Suez Cement’s audited 1H net profit drops
Egypt’s Suez Cement, posted a 1.9 per cent fall in its audited first-half net profit to E£653.8m,
JP Morgan downgrades Holcim ahead of 2H results
At the mid-point of the reporting season analysts at JP Morgan have downgraded its Holcim earnings p
Athi River Mining profit up 16 per cent, Kenya

Kenya’s third largest cement maker, Athi River Mining has returned a 16 per cent increase in pre-tax
Alinma Bank to participate as receiving bank in Al Jouf Cement IPO
Alinma Bank will participate as a receiving bank in the upcoming Al Jouf Cement Company IPO, which
Misr Qena Cement posts 1H rise, Egypt
Net profit at Egypt’’s Misr Cement Qena, which has been boosting capacity in southern Egypt, rose 14.2
Oman Cement appoints new acting chairman
Saleh Nasser al-Aaraimi has been appointed acting chairman of Oman Cement Company following the
Portland Valderrivas advances in Tunisia
The Spanish market leader Cementos Portland Valderrivas saw its turnover decline by 19.0% to €435.4m
Lafarge’s Kenyan unit, Bamburi, reports 1H profit of US$41.5m
Lafarge SA’s Kenyan unit, Bamburi Cement Co, reported first-half earnings per share of KES6.52.
Caribbean Cement Company (CCC) posts ‘disappointing’ loss
Caribbean Cement Company (CCC) blamed the recession and the State of Emergency for its
Vietnam Cement Finance plans listing
Cement Finance Joint Stock Co. (CFC) plans to list all 61 million shares on the Hochiminh Stock Exchange
Morgan Stanley raises Indocement target
Morgan Stanley raises Indocement target price to IDR18,000 from IDR16,850, on strong 2Q results,
Cementos Portland extends maturity of EUR150m loan
Spanish cement producer Cementos Portland Valderrivas reached an agreement with its creditors for the
Vicat: solid performance in a mixed environment
First half 2010 consolidated sales at French-based Vicat were €985m, up 2.4% compared with the
ACC appoints new CEO, India
The Board of Directors of ACC have today appointed Mr Kuldip K Kaura as CEO & Managing Director of