Cement News tagged: Corporate

TPIPL: Improving earnings in 4Q04

27 December 2004, Published under Cement News

After an analyst’s meeting recently with TPI Polene (TPIPL), earnings are estimated to be boosted in 4Q04 with a normal profit of

Prism Cement up on takeover buzz

27 December 2004, Published under Cement News

Rumours of a possible sell out to foreign cement major Lafarge saw the stock of India’s Prism Cement touch new highs on

China to invest US$12bn for rural highway construction

27 December 2004, Published under Cement News

China will invest 100 billion yuan (US$12bn) from 2006 to 2010 to build more rural highways, said Zhang Chunxian,

Orascom risk ratings

27 December 2004, Published under Cement News

Fitch Ratings, the international rating agency, has just assigned Egypt-based Orascom Construction Industries’

Hardie attempts to raise US prices

Hardie attempts to raise US prices

27 December 2004, Published under Cement News

James Hardie Industries will attempt to push through a hefty January price rise for its building products in the US, in a bid to boost profits

GCC to record seven per cent growth

27 December 2004, Published under Cement News

Abu Dhabi - The GCC economies will record economic growth of about seven per cent this year, spurred by higher oil revenues,

Industry to grow five per cent next year

Industry to grow five per cent next year

27 December 2004, Published under Cement News

Argentine industry will grow by a minimum of five per cent next year, which makes it almost inevitable that the sector will surpass

Lhoist to invest in China plant

27 December 2004, Published under Cement News

Work has started in Chizhou of Anhui Province on a refractory material project financed and owned by the Lhoist

Banks to contribute to Infra fund

27 December 2004, Published under Cement News

Indonesia’s Chief Economics Minister Aburizal Bakrie said local banks are expected to contribute Rp40 trillion (US$4.44bn) to fund

Taiwanes public construction spending

27 December 2004, Published under Cement News

Investment in public construction projects will hit NT$200bn (US$6.21bn) next year, Premier Yu Shyi-kun said.

India Cements Board OKs bond issue

24 December 2004, Published under Cement News

The board of India Cements Ltd has approved a fund raising through various instruments including convertible debentures and equity warrants, the company said Friday. In a filing with the Bombay Stoc

Chilanga Cement Reports its Unaudited Results

24 December 2004, Published under Cement News

Chilanga Cement announced its un-audited results for six months to 30 June, 2004. Net turnover was K102 billion (K80 billion in previous period). Profit after tax was K17.2 billion

German Allianz Decreases Stake in HeidelbergCement

24 December 2004, Published under Cement News

German insurer Allianz AG has decreased its stake in building materials group HeidelbergCement AG stepwise to 4.6 per cent in a move to optimise its portfolio, Allianz said on December 23, 2004. The

Lafarge Arcom Gips To Absorb Lafarge Ipsos

23 December 2004, Published under Cement News

Romanian plasterboard producer Lafarge Arcom Gips shareholders approved the merger by absorption of Lafarge Ipsos on December 21, 2004. Company shareholders voted for a 59.1 bln Romanian lei (US$2.0

Umm Al-Qaiwain Cement Industries

23 December 2004, Published under Cement News

UAE cement manufacturer Umm al-Qaiwain Cement Industries Company is expected to report record-high earnings per share (EPS) of 40 Kuwaiti fils (US$0.136) for 2004, it was reported

TPI Polene expects 2004 revenues to rise

23 December 2004, Published under Cement News

TPI Polene PCL said it anticipates 2004 revenues rising by 15.8% as a result of higher sales of cement and plastic pellets. Senior VP Prasert Ittimakin told reporters the company also