Cement News tagged: Corporate

Tabuk Cement rises to US$15.6m

26 July 2004, Published under Cement News

Saudi cement producer Tabuk Cement Company (TCC) posted a net profit of 58.5 mln Saudi riyals (US$15.6m) for the first half of 2004, up by 75 per cent year-on-year. TCC’s sales stood at 140 mln

Ciments Francais moves up

26 July 2004, Published under Cement News

H1 Sales came in at Euro 1524m, up 7.1% on last year and 0.8% above Deutsche Bank forecasts. Like for like sales were up 9.5%. Similar to Lafarge cement proved to be the main driver with like for like

Ciments Francais H1 2004 turnover up, France

23 July 2004, Published under Cement News

Ciments Francais, controlled by Italian cement producer and distributor Italcementi S.p.A., ended the first half of 2004 with a turnover of EUR1.52bn (US$1.864bn), a 7.1 per cent YoY increase. At con

Calbre Posts EUR241,000 net profit, Italy

23 July 2004, Published under Cement News

Italian concrete and cement products distributor Calbre posted a net profit of EUR241,000 in 2003, compared to a EUR349,000 net profit in 2002. The company, based in Montichiari, in the northern Ital

Tabuk and Union, Saudi Arabia 1H04 boost

Tabuk and Union, Saudi Arabia 1H04 boost

23 July 2004, Published under Cement News

The net profit of UAE Ras al-Khaimah cement manufacturer Union Cement surged 226 per cent YoY to AED48.9m (US$13.3m) for the first half of 2004. The company’s sales revenue climbed 68.1 per cen

Florida Rock Industries, record 3Q

23 July 2004, Published under Cement News

Florida Rock Industries has announced record net income of $33,050,000 or $.75 per diluted share for the third quarter of fiscal year 2004 versus $22,971,000 or $.53 per diluted share for the same qua

Lafarge sees first-half sales climb seven per cent

Lafarge sees first-half sales climb seven per cent

22 July 2004, Published under Cement News

Lafarge said that first-half sales had increased by seven per cent and forecast continuing growth this year on a constant exchange rate basis.

Rinker cements strong growth outlook

21 July 2004, Published under Cement News

Cement maker Rinker Group has doubled its profit growth forecast less than a week after its former parent, CSR, also raised its estimate of likely earnings.

China Resources Cement Holdings

21 July 2004, Published under Cement News

The directors of China Resources Cement Holdings Limited has announced that Goodsales Investments, the Company’s wholly owned subsidiary, entered into an Acquisition Agreement with Zhong Tie Ji

TPI: new cement capacity needed

20 July 2004, Published under Cement News

TPIPL’s three existing cement plants are reportedly running at near full capacity with a utilization rate of 95% in 2Q04. TPIPL will need to build a fourth cement plant line, a plan put on hold

RMC makes Spanish acquisition

20 July 2004, Published under Cement News

RMC Group, the world’s biggest ready-mixed concrete maker, announced on Monday the acquisition of Spanish rival Hormigones Ciudad Real S.A. (Horcisa) for Euro39m. RMC said in a statement that i

Boral buys Hanson’s Thai business

19 July 2004, Published under Cement News

Boral Ltd has reached agreement with Hanson plc to acquire its interest in the Hanson ready-mixed concrete and quarry operations in Thailand for an enterprise value of around $US45m, which includes so

SeaCem turnaround

19 July 2004, Published under Cement News

Southeast Asia Cement Holdings, Inc. (SeaCem) is optimistic it will make a turnaround this year through a share exchange agreement with Republic Cement Corp. Renato C. Sunico, SeaCem President, said t

ACC Minority Shareholders for Gujarat merger

19 July 2004, Published under Cement News

The Associated Cement Companies (ACC) is increasingly coming under shareholder pressure to consider a possible merger with Gujarat Ambuja Cements Ltd (GACL). GACL, which holds almost the 15 per cent m

Lafarge H1 sales to keep pace with strong Q1 as pricing improves

19 July 2004, Published under Cement News

Lafarge will report a solid rise in first half sales on Thursday before markets open as good weather and an improved pricing environment sustain the performance from a very strong first quarter, analy

Mykolaivtsement ends 2003 with Profits

19 July 2004, Published under Cement News

Mykolaivtsement company (Mykolaiv, Lviv region), finished 2003 with net profits of UAH 8.876 million. According to the statement, Mykolaivtsement increased incomes by 24.9% in 2003, or UAH 22.517