Cement News tagged: Corporate
Shree Cements in line with expectation
Shree Cement’s (SCL) 1QFY11 EBIDTA was down 32 per cent YoY
Taiwan Cement Co completes Prosperity Minerals purchase
Taiwan’s largest cement manufacturer, Taiwan Cement Co, on Thursday acquired China’s Prosperity
Buzzi Unicem expects to halve 2011 investments
Buzzi Unicem , Italy’s second biggest cement maker, expects to halve investments next year and will
JK Cement plans to sell INR1bn of bonds
JK Cement plans to raise about INR1bn via bonds, two sources with knowledge of the matter said on
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