Cement News tagged: Corporate

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

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

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

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

Dyckerhoff adjusted net profit up

21 March 2005, Published under Cement News

German building materials manufacturer Dyckerhoff AG, controlled by Italian cement and concrete company Buzzi Unicem, reported a net profit of 41 mln euro ($54.8 mln) for 2004,

Lafarge Ciments Appoints HR Director

21 March 2005, Published under Cement News

Lafarge Ciments, the cement division of French building materials group Lafarge, appointed Alain Guillen, 44, human resources (HR) director, it was reported on March 18, 2005. Prior

Tasek to set up plant in Vietnam

21 March 2005, Published under Cement News

TASEK Corp Bhd will set up a joint venture with Saigon Cement Joint Stock Company in Vietnam to establish a cement manufacturing plant in Ho Chi Minh City, Vietnam. Tasek will

Italcementi revenue up

18 March 2005, Published under Cement News

Revenues for Italian cement producer and distributor Italcementi SpA rose by 5.7 per cent year on-year to Euro 4.528bn in 2004. The company’s net financial debt dropped to Euro

Cimpor FY04 net profits unchanged

18 March 2005, Published under Cement News

Cement company Cimentos de Portugal SA said Thursday that despite flat sales and higher costs it posted consolidated net profits of EUR189.5m in 2004, the same as its profits for