Cement News tagged: Corporate

Lafarge’s first quarter volumes benefit from kinder weather

29 April 2004, Published under Cement News

Lafarge has announced a turnover for the first three months of the year of EUR2,881m, an increase of 7.1% in absolute terms and of 11.7% at the underlying level, after adjusting for exchange rate move

Grasim: The 4QFY04 cement push

29 April 2004, Published under Cement News

Grasim, the diversified major in the Aditya Birla Group, has posted impressive results for the fourth quarter and full year ended 31st March 2004. While net sales have increased by 13% in FY04, exclud

Good start to the year for Lafarge

28 April 2004, Published under Cement News

Lafarge has reported a first quarter sales increase of 7.1% to EUR2,88m as at March 31, 2004 compared to weak first quarter 2003 sales of EUR2,691m.

DG Khan Cement 9-mth profit rises to Rs91m, Pakistan

27 April 2004, Published under Cement News

D G Khan Cement Company Limited almost trebled net profit to Rs 591.3m in the first nine months of the current financial year against Rs 200.62 million in the same period last year, the company said i

PPC announces earnings increase of 30% or more

PPC announces earnings increase of 30% or more

26 April 2004, Published under Cement News

South Africa’s PPC has advised shareholders that the increase in its headline earnings and attributable earnings would be 30 percent or more in the six months to March compared with the previous perio

Italcementi sees EUR1.5bn investments in next five years

26 April 2004, Published under Cement News

Italcementi SpA CEO Giampiero Pesenti said he sees the group investing EUR1.5 over the next five years, one third of it in Italy – the same amount as it invested over the last five years.

Cemex income skyrockets 1Q to US$311m

Cemex income skyrockets 1Q to US$311m

23 April 2004, Published under Cement News

Cemex has reported a US$311m in net income for the first quarter this year, a 282 per cent increase YoY thanks to stronger operating performance and improved foreign exchange results, it said in a sta

Lafarge in Russia

22 April 2004, Published under Cement News

Lafarge may be purchasing a number of plants that produce construction materials in Russia, company executive director Bruno Lafont told the press in Chelyabinsk. Lafarge already owns controlling stoc

Jidong Cement 1Q net profit surges after new units begin operations

22 April 2004, Published under Cement News

Tangshan Jidong Cement Co Ltd said its first-quarter net profit soared to 12.19m yuan against 0.57m a year earlier, on the back of contributions from two of its units, which were recently put into ope

Portugal Fundacao Berardo Acquires 8.77 per cent in Cimpor

21 April 2004, Published under Cement News

Portuguese cement producer Cimpor informed the national securities regulator CMVM on 20 April, 2004 that a total of 8.77 per cent of its share capital was acquired by Fundacao Berardo, controlled by t

Italy’s Buzzi aims to cut debt, raise dividend

21 April 2004, Published under Cement News

Italian cement company Buzzi Unicem (BZU.MI) is aiming in the near future to cut debt, keep high levels of operating efficiency and if possible further its dividend, its deputy chairman said on Tuesda

Polpaico to invest US$15m this year

20 April 2004, Published under Cement News

Chile’s Cemento Polpaico will invest US$15m this year, company general manager Eduardo Kretschmer said during the company’s annual shareholders’ meeting. The investment will go towa

Semapa sells nine per cent stake in Cimpor

16 April 2004, Published under Cement News

Portuguese cement company Semapa has said it has sold its entire nine per cent stake in rival Cimpor SA for EUR251m.

Zambrano in New York, but not China

16 April 2004, Published under Cement News

Lorenzo Zambrano seems to be one of the few global chief executives not rushing into China - at least not yet. Such caution is uncharacteristic for Mr. Zambrano, the man who built Cemex into the world

Egyptian National Cement extends bid

15 April 2004, Published under Cement News

Egypt’s National Cement Company (NCC), an affiliate of the state-owned Chemical Industries Holding Company (CIHC), has extended to May 16, 2004 the deadline for submitting offers in a sealed-bid

Alexandria Portland Cement

14 April 2004, Published under Cement News

Alexandria Portland Cement, Egypt announced the release of FY03 results ending December,wherein the company sported a top line figure of LE235.3 million, illustrating a growth of 20.7 per cent over th