Cement News tagged: Corporate

Cemex announces Expiration of its appreciation warrants and ADWs

22 December 2004, Published under Cement News

Cemex today announced that its appreciation warrants and American Depositary Warrants (ADWs), each representing five appreciation warrants, expired today in accordance with their terms.

Lafarge supports Paris’ Olympic bid

22 December 2004, Published under Cement News

Lafarge has added its name to the list of companies supporting the city of Paris’ bid to host the 2012 summer Olympic games.

Ashaka Cement Honours 153 Staff

21 December 2004, Published under Cement News

No fewer than 153 staff of Ashaka Cement Plc yesterday received the year 2004 long-service award from the company. Thirty two of the workers got award for serving the company for 20 years while 121 r

Mexico’s Cemex sells options, issues more

21 December 2004, Published under Cement News

Cemex exercised about 136 million stock options on Monday, as part of its executive compensation program. Cemex, the world’s third largest cement producer, exercised the options as part of a

Greek Interbeton Buys out Livanis-Korbeton

Greek Interbeton Buys out Livanis-Korbeton

21 December 2004, Published under Cement News

Greek concrete building products manufacturer Interbeton Building Materials, a subsidiary of Titan Cement group, bought out local concrete maker and trader Livanis-Korbeton in October 2004, Titan Ceme

PPC chief executive’s pay reduced

21 December 2004, Published under Cement News

Pretoria Portland Cement (PPC) had reduced the pay of its chief executive, John Gomersall, by 12 per cent in the year to September, even as profit at Africa’s biggest cement maker

Union Cement shares

Union Cement shares

20 December 2004, Published under Cement News

The Securities and Exchange Commission’s Office of the Government Counsel is reviewing whether Cemco Holdings should be required to buy out minority shareholders of publicly Union Cement Corp, a

Dniprotsement appoints Panchenko board chairman to replace Tsymerynov, Ukraine

20 December 2004, Published under Cement News

During the December 16 meeting, shareholders of the Dniprotsement company (Dniprodzerzhynsk, Dnipropetrovsk region) dismissed board chairman Oleh Tsymerynov and appointed Andrii Panchenko as his repla

TXI Announces Decision To Spin-Off Steel Business

16 December 2004, Published under Cement News

Texas Industries Inc (TXI) will spin off its steel business from the cement, aggregate and concrete segment to allow the two units to pursue separate growth strategies. The spinoff is expected to be i

Cement Akmene sales investments

16 December 2004, Published under Cement News

Akmenes Cementas, the only producer of cement in Lithuania, plans to invest 14.3 million litas (4.1 million euros) in 2005, twice the amount it invested this year. Arturas Zaremba, the CEO of the manu

Qatar National Cement Co To Sign $120m loan

16 December 2004, Published under Cement News

The Qatar National Cement Company (QNCC) will sign on December 19, 2004 a $120m syndicated loan agreement, it was reported on December 15, 2004. QNCC mandated a number of banks to arrange the loan in

Siam Cement units receive Deming awards

15 December 2004, Published under Cement News

Three Siam Cement Group subsidiaries have won Deming awards from the Japanese Union of Scientists and Engineers for excellence in Total Quality Management (TQM), according to Kan Trakulhoon, an SCC vi

Cemex aims for 4Q04 Ebitda of US$560m

14 December 2004, Published under Cement News

Cemex plans to report more than US$560m in Ebitda fourth quarter this year, which would represent a 10% jump over the same quarter last year, Cemex said in a statement.

Shree Cement expects good run in North India

14 December 2004, Published under Cement News

Cement prices are expected to firm up in the coming months, on the back of nearly 8%-9% growth in demand. Rajasthan-based Shree Cement is confident of achieving a good growth in both its top and botto

Cemex: Latin Equity Preview

13 December 2004, Published under Cement News

Cemex SA the world’s third-largest cement maker is scheduled to release its fourth-quarter earnings forecast before the market opens today. Cemex’s fourth-quarter earnings before interest,

Helwan Cement Announces 9M FY04 Results

13 December 2004, Published under Cement News

Helwan Cement announced 9M FY04 results ending September, wherein the company posted a LE1.8 million net profit balance compared to a LE44.8 million net loss incurred in 9M FY03. Sales revenues advanc