Cement News tagged: Corporate

Cementos Bio Bio earnings up

15 March 2005, Published under Cement News

Chile’s Cementos Bio Bio posted a 24.4bn-peso (US$41.4m) consolidated net profit in 2004, up 18.7 per cent from the previous year, the cement maker reported to the country’s

Lafarge ups stake in Vietnam concrete business

15 March 2005, Published under Cement News

Lafarge Malayan Cement Bhd subsidiary Supermix Concrete (Malaysia) Sdn Bhd has acquired the remaining 57 per cent stake in Supermix Asia Pte Ltd that it does not already

Omani Raysut Cement profits up

15 March 2005, Published under Cement News

Oman’s cement producer Raysut Cement Co achieved a net profit of 7.017 mln Omani rials ($18.2m) for 2004, compared to 4.921 mln rials ($12.8m) in 2003, it was reported on March

Cementir 2004 net profits up

14 March 2005, Published under Cement News

Italian cement company Cementir SpA, a unit of local construction company Caltagirone, closed 2004 with a net profit of Euro 79.1m, up from Euro60.4m for 2003, the company announced.

Lafarge to strengthen position in Mexico

Lafarge to strengthen position in Mexico

14 March 2005, Published under Cement News

Lafarge wishes to strengthen its positions in Mexico, bastion of its local rival Cemex and an alluring market, one of the world’s 15 largest, with a strong growth potential, the head of Lafarge

Unye Cimento 2004 output rises

14 March 2005, Published under Cement News

Turkish cement and clinker producer Unye Cimento registered a 11.2 per cent YoY rise in its 2004 cement production to 1.123Mt.

Vicat posts higher profits in 2004

Vicat posts higher profits in 2004

11 March 2005, Published under Cement News

French building materials supplier Vicat SA posted a Euro166m net profit for 2004, a 27 per cent YoY increase, with a Euro 10.14 net profit per share, it was reported on March 11, 2005. The company re

Grasim exits Birla subsidiary

11 March 2005, Published under Cement News

Grasim Industries has parted with its entire 1.42 per cent stake in Basant Kumar Birla’s Mangalam Cement. Grasim, which is controlled by Kumar Mangalam Birla, had 400,000 shares in Mangalam Cement, wh

Cement companies post strong year

10 March 2005, Published under Cement News

An unprecedented level of net profit accrued to Ras Al Khaimah’s cement companies in 2004, company representatives said. The Union Cement Factory reported net profit of

China’s Export Growth Accelerates

10 March 2005, Published under Cement News

China’s export growth gathered pace in the first two months of the year as factories shipped more textiles and electronic goods to the US, Europe and Japan. Overseas sales rose 37

Turkish Konya Cimento to invest

09 March 2005, Published under Cement News

Turkish building materials producer Konya Cimento will spend 12.039 mln new Turkish lira (US$9.0m) on investments in 2005, the company said on March 7, 2005. In 2005, Konya

Mediobanca raises stake in Ciments Francais

08 March 2005, Published under Cement News

The Italian investment bank Mediobanca informed the French stock exchange authority that it had raised its stake in French cement supplier Ciments Francais, a unit of Italian cement

India’s Shree Cement sees 34 per cent jump

08 March 2005, Published under Cement News

India’s Shree Cement Ltd expects to post a 34 per cent jump in operating profit for the year ending March 31, 2005, a senior company official said on Monday. Cement demand in India

Chia Hsin terminates supply contract

08 March 2005, Published under Cement News

Chia Hsin Cement Greater China Holding Corporation, incorporated in the Cayman Islands, announces that in accordance with the provisions on termination in the Supply Agreement, both Jingyang Cement Co

UK’s Aggregate Industries year profits up

07 March 2005, Published under Cement News

UK construction group Aggregate Industries Plc, which has agreed to a GBP1.8bn ($3.4bn) takeover by Swiss company Holcim , reported a five per cent rise in annual profit on Monday.

Egypt’s Torah Cement near triples 2004 net profit

07 March 2005, Published under Cement News

Egypt’s Torah Portland Cement nearly tripled its 2004 net profit to 152.83 million Egyptian pounds ($26.35m) the stock market said in a statement on Sunday. The cement firm made