Cement News tagged: Corporate

Egyptian National Cement

06 October 2004, Published under Cement News

Egypt’s National Cement Company (NCC) reported a net profit of 27.51 mln Egyptian pounds ($4.4m) for the fiscal 2003/04, ended June 30, 2004, compared to a net loss of 91.35 mln pounds ($14.7m)

Buzzi Unicem modifies plans to buy Dyckerhoff stake

06 October 2004, Published under Cement News

Buzzi Unicem SpA has abandoned plans to buy a 24.19 per cent stake in German cement group Dyckerhoff AG from Sanpaolo IMI SpA unit IMI Investments before January, when the bank has the right to sell t

ARM to Buy Firm in Zambia

06 October 2004, Published under Cement News

Athi River Mining (ARM), has announced plans to buy a multi-million lime manufacturing business in Zambia. The firm has also announced an Sh860 million-expansion plan to boost its production capacity

PPC scores all-time peak

06 October 2004, Published under Cement News

A slightly weaker rand and strong confidence in South Africa’s economy helped push stocks higher on Tuesday, with cement producer PPC surging to an all-time peak. Investors have voted with their

Kharkov Stroyinvest new concrete plant

Kharkov Stroyinvest new concrete plant

05 October 2004, Published under Cement News

Kharkov Stroyinvest JSC in the Ukraine started the preparations for a new concrete bnatching plant, equipment for which was supplied from Germany. A new plant is expected to produce ready-mixed

ACC now a Superbrand

05 October 2004, Published under Cement News

ACC, India has earned the distinction of being the only cement Superbrand in the country. Superbrands announced its first list of top 100 brands in India and ACC is the only cement brand that figures

Wienerberger spends €151m

Wienerberger spends €151m

05 October 2004, Published under Cement News

Wienerberger is moving into manufacturing in Great Britain through the acquisition of ten facing brick works from venture capitalists Cinven and Royal Bank of Scotland for €145m and is investing a fur

Cementos Molins reduces share capital

04 October 2004, Published under Cement News

At the company’s annual general meeting, shareholders in Spanish cement producer Cementos Molins have agreed to reduce its share capital by 38.45 per cent, to 19.83 million shares. The share re

RATM-Holding acquires stake in Angarskcement

04 October 2004, Published under Cement News

RATM-Holding has acquired a 45 per cent stake in Angarskcement. The new acquisition will allow the holding to boost overall cement output to 2Mt a year. In 2004 Istimtsement, part of RATM-Holding, tar

Siam Cement’s annual sales

01 October 2004, Published under Cement News

Siam Cement expects to report increased profits in the third quarter. Although increased oil prices have meant higher expenses for cement production, demand has also increased. The prices of most of t

Rinker CEO says on track

01 October 2004, Published under Cement News

Australian heavy building materials company Rinker Group is still expecting 20 per cent profit growth in the current half year, as demand remains buoyant, its CEO David Clarke said on Thursday. Rinke

Cemex prices $291.6 mln note buyback

01 October 2004, Published under Cement News

Mexico’s Cemex, the world’s No. 3 cement maker, fixed on Thursday the prices of previously-announced cash tender offers to buy back a total of $291.6 million in debt due in 2006 and 2009.

NCC sells Danish ready-mixed business

01 October 2004, Published under Cement News

The major Nordic construction group NCC has completed its withdrawal from ready-mixed concrete by selling its Danish subsidiary GH Beton A/S for DKr 110m (€15m) to a consortium of three Danish compani

Morocco’s Lafarge Ciments H1 profit up six per cent

30 September 2004, Published under Cement News

Morocco’s leading cement firm, Lafarge Ciments, reported first-half net profit up 6 percent but said this growth should fall to zero by year-end as sales growth declines and due to a special tax

Siam Cement expects to beat 2004 sales target

30 September 2004, Published under Cement News

Leading Thai industrial conglomerate Siam Cement PCL said on it would beat its target of 10 percent sales growth in 2004 because of soaring prices for its petrochemicals products.

Semapa H1 net 154.6 mln euros with one-time gains

30 September 2004, Published under Cement News

Portuguese cement company Semapa posted six-month profits of EUR154.6m, helped by one-time gains of EUR185.4m, compared with a profit of EUR20.7m euros the year before.