Cement News tagged: Corporate

Cimpor to view Iraq investment potential?

08 April 2004, Published under Cement News

A delegation of representatives from 11 Portuguese companies will meet Iraqi government officials and businessmen in London in late April to discuss investment opportunities, Diario Economico reports.

Taiwan Cement invests

07 April 2004, Published under Cement News

Taiwan Cement Corp said the company invested 117.7 mln yuan (approx US$14m) yesterday in China-based Xuzhou Conch Cement, which was capitalized at 130 mln yuan ahead of the injection. To date, the

BBL approves new TPI debt plan

06 April 2004, Published under Cement News

Thai Petrochemical Industry Plc’s (TPI) largest creditor, Bangkok Bank Plc (BBL), said it has approved ’in principle’ TPI’s new debt restructuring plan. BBL chairman Chatri So

Moroccan Lafarge Ciments posts good profits

06 April 2004, Published under Cement News

Moroccan cement company Lafarge Ciments’s 2003 consolidated net profit rose 13.6 per cent year-on-year to 784 mln Moroccan dirhams (US$87.6m), the company’s CEO Jean Marie Schmitz told a n

Egyptian Ameriya Cement

Egyptian Ameriya Cement

06 April 2004, Published under Cement News

Egyptian cement producer Ameriya Cement, majority owned by Cimpor reported a 58.1 per cent year-on-year drop in net profit for 2003 to 20.87 mln Egyptian pounds (US$3.4m). The decrease in earnings ca

Boral delay on AdBri deal

05 April 2004, Published under Cement News

Boral has extended for the second time its A$1 billion-plus takeover offer for cement maker Adelaide Brighton until May 7. The move was not unexpected, as the company awaits regulatory approval from

Wienerberger continues to grow

Wienerberger continues to grow

02 April 2004, Published under Cement News

The leading clay products group Wienerberger AG has reported an increase in turnover for last year by 10.5 per cent in 2003, to €1826.9m and an operating profit at the EBITDA level 15.6 per cent highe

Thai TPI to repay some debt

01 April 2004, Published under Cement News

Thai Petrochemical Industry PCL, will issue 11.8 billion new shares for a debt swap at 2.28 baht each and repay some debt with shares in its cement unit, its management team said on Thursday. TPI woul

Turkish Batisoke Cimento

01 April 2004, Published under Cement News

Turkish cement and clinker producer Batisoke Cimento decided at its management board meeting on March 30, 2004 to boost its paid-in capital to 56.25 trln Turkish lira ($42.7 mln/34.9 mln euro) from 11

Dyckerhoff’s profits and balance sheet improve

01 April 2004, Published under Cement News

Dyckerhoff’s operating profit at the EBITDA level rose by 1.8 per cent to €274.0m, in spite of the devastating effect of the price war in Germany, thanks to considerable savings being achieved under t

Melón 2003 net profit up 6.68%

31 March 2004, Published under Cement News

Chilean cement company Empresas Melón posted a 16.6bn peso (US$26.8m) consolidated net profit in 2003, up 6.68 per cent from the year before, Melón said in a statement to the country’s securitie

Holcim Slovakia

31 March 2004, Published under Cement News

The largest cement producer in Slovakia, Holcim (Slovensko), Rohoznik, earned a net profit of SKK 111 million last year. "The company’s profit decreased compared with the previous year, while th

Buzzi Unicem’s balance sheet

29 March 2004, Published under Cement News

On turnover 1.2 per cent lower at €1461m, Buzzi Unicem’s operating profit at the EBITDA level declined by 5.9 per cent to €433.9m in 2003. Adjusting for the weakness in the US and Mexican currencies

HeidelbergCement’s EBITDA falls

26 March 2004, Published under Cement News

On a turnover falling 3.0 per cent at €6372m, HeidelbergCement operating profit at the EBITDA level fell by 10.7 per cent to €1024m, with trading profit 21.8 per cent lower at €391m. The net interest

Indocement’s debt continues to fall

26 March 2004, Published under Cement News

Cement and clinker sales by Indocement, the second largest cement producer in Indonesia behind Gresik, declined by 3.9 per cent last year to 11.02Mt. Although the Indonesian cement market improved by

YTL buys back 2.6m shares

26 March 2004, Published under Cement News

YTL Power International Bhd told the Stock Exchange it had bought back 2.6 million of its shares on Wednesday, all of which are retained in company’s treasury. It paid between RM3.34 to RM3.50