Cement News tagged: Corporate

Cemex seeks supply savings

21 September 2004, Published under Cement News

Cemex said on Monday it hopes to achieve savings of at least US$70m per year in a supply and inventory improvement program.

Buzzi plans new US bond sale

21 September 2004, Published under Cement News

Italian cement maker Buzzi Unicem is considering the sale of $150 million to $160 million worth of bonds via private placements in the United States, the company’s deputy chairman said on Monday

Anadolu Cimentolari, Marmara Cimento to merge

21 September 2004, Published under Cement News

Turkish cement and clinker producer Anadolu Cimentolari will take over its affiliated company Marmara Cimento, it was reported on September 20, 2004.

HeidelbergCement to buy out Anneliese minority

20 September 2004, Published under Cement News

HeidelbergCement is offering one of its own shares plus a cash payment of €19.00 for every two Anneliese shares, with a cash alternative of €27.50 per Anneliese share for the outstanding minority shar

Kyivtsement appoints Hossenfelder

Kyivtsement appoints Hossenfelder

20 September 2004, Published under Cement News

Shareholders of the Kyivtsement plant (Kyiv), which is a cement producer, relieved Valentyn Shevetovskyi as a member of the supervisory board at a meeting on June 8, and they appointed Heiko Hossenfel

Buzzi Unicem to place $165m bond in US

20 September 2004, Published under Cement News

Italian cement and concrete group Buzzi Unicem is reportedly considering a private placement on US markets of a $165m bond, in three tranches maturing in three, five and seven years. According to sec

Cement Akmenes August  sales

Cement Akmenes August sales

20 September 2004, Published under Cement News

Akmenes Cementas, Lithuania’s only producer of cement, reported that its sales in the first eight months of this year grew 24.3 percent year-on-year to 70 million litas (20.3 million euros). In

DG Khan Cement net up

20 September 2004, Published under Cement News

D G Khan Cement on Friday posted a 71.6 percent growth in its full-year net profit to Rs 829.8 million compared to Rs 483.5 million last year. In a statement to the Karachi Stock Exchange (KSE), the

Tax office investigating Cemento Nacional

17 September 2004, Published under Cement News

Ecuador’s tax office SRI is investigating tax declarations of the country’s leading cement producer Cemento Nacional, local paper El Comercio reported. In 2003, Cementos’ 22 compani

Australia’s Boral says date

16 September 2004, Published under Cement News

Australia’s biggest building products company, Boral said on Thursday that court action to block its A$867 million ($606 million) takeover bid for Adelaide Brighton Ltd (ABC.AX) would begin on N

French Vicat Registers 76.5 Mln Euro Net Profit H1 2004

16 September 2004, Published under Cement News

French building materials supplier Vicat SA reported a net profit of 76.5 mln euro ($93.7 mln) for the first half of 2004, up 15.3 pct year-on-year. The company’s earnings before interest, tax,

Cimpor first half profits fall in the regions

15 September 2004, Published under Cement News

Cimpor’s turnover for the first six months of the year moved ahead by 3.7% to €678.4m while the operating profit at the EBITDA level fell by 7.5% to €228.8m. The decline in the trading profit was mor

Dyckerhoff’s Roentgen to quit

14 September 2004, Published under Cement News

German cement maker Dyckerhoff AG said Monday its management board member Alexander Roentgen will leave the company at the end of the year to become Executive Director of RMC Group, the parent company

Cimpor 1H down

14 September 2004, Published under Cement News

Cimpor-Cimentos de Portugal SGPS said Monday that increased export activity and lower prices for its products in Brazil helped trim consolidated net profit 3.8% in the first half to EUR86.8 mllion fro

CEMEX sees Q3 EBITDA higher

13 September 2004, Published under Cement News

Cemex sees Q3 EBITDA at US$645m, up 13 per cent from the year earlier period, while operating income is expected to be about US$485m, up 20 per cent. Third quarter revenues are expected at more than U

Lafarge allowed to raise capital

13 September 2004, Published under Cement News

The Philippines Securities and Exchange Commission (SEC) has allowed the local units of French conglomerate Lafarge group to increase their capital stock as payment for liabilities against their paren