Cement News tagged: Corporate

Taiwan’s cement makers posted strong nine month results

15 October 2004, Published under Cement News

Despite flat performance in shipment, Taiwan’s major cement producers witnessed their sales and earnings grow significantly in the first three quarters of this year.

Thai TPIP creditors to vote on debt plan Oct 28

15 October 2004, Published under Cement News

Thailand’s number three cement maker, will meet on Oct. 28 to vote on the company’s new debt restructuring plan, a creditor source said on Friday.

More corporate activity likely

14 October 2004, Published under Cement News

In a new report, analysts at JP Morgan expect further corporate activity in the cement and aggregate industries, reflecting both further consolidation in both industries and vertical integration betwe

Moody’s Reviews Mitsubishi Materials

14 October 2004, Published under Cement News

Tokyo, October 14, 2004 -- Moody’s Investors Service today placed on review for possible upgrade the Ba1 long-term debt ratings of Mitsubishi Materials Corporation (Mitsubishi Materials). The re

Ghana and the IFC

Ghana and the IFC

14 October 2004, Published under Cement News

Ghana is conspicuously missing from the scheme of activities of the International Finance Corporation (IFC), a member of the World Bank Group (notes a local news report). Since 2002, IFC, which deals

Dniprotsement Increases production

13 October 2004, Published under Cement News

The Dniprotsement company (Dniprodzerzhynsk, Dnipropetrovsk region) increased cement production by 55,000 tons or 42% to 186,000 tons during the third quarter of 2004, compared with the corresponding

Thai TPI Polene Q3 net profit down

Thai TPI Polene Q3 net profit down

13 October 2004, Published under Cement News

TPI Polene PCL, Thailand’s third largest cement maker, said on Tuesday its third-quarter net profit fell 94 percent on the year due mainly to foreign exchange losses and a fall in domestic cemen

Cemex focuses on China and India

12 October 2004, Published under Cement News

Barely two weeks have passed since Mexican cement company Cemex reported the it had just finalized the largest acquisition in its history which dates back to 1992, however, the firm’s expansion

Export synergies

08 October 2004, Published under Cement News

The stock price of UltraTech CemCo, the de-merged company from L&T, has been on rise in the last few days on huge growth potential from export market and also its synergies with Grasim, which has cont

China Resources Cement raises stake in Guangxi

07 October 2004, Published under Cement News

China Resources Cement Holdings Ltd said it will pay about 61.9m yuan (US$7.5m) for an effective 20.36 percent stake in its cement subsidiary in China’s southwestern province of Guangxi.

Holcim Espana appoints new directors

06 October 2004, Published under Cement News

Spanish cement manufacturer Holcim Espana has appointed two new members to its board of directors, with the aim of strengthening the company’s management structure. The new members are: Claudio

Noteholders agree to Cemex debt buyback

06 October 2004, Published under Cement News

Cemex said on Tuesday a majority of note holders agreed to its debt buyback offer for its 2009 notes and extended the consent date for its cash tender offer period on other debt due in 2006. Cemex la

Rohrdorfer Zement Buys Austrian producer

06 October 2004, Published under Cement News

German cement producer Rohrdorfer Zement has bought the stake of Austrian Hatschek Group in local cement producer Gmundner Zement Produktions- und Handels GmbH for an undisclosed sum, it was reported

Egyptian National Cement

06 October 2004, Published under Cement News

Egypt’s National Cement Company (NCC) reported a net profit of 27.51 mln Egyptian pounds ($4.4m) for the fiscal 2003/04, ended June 30, 2004, compared to a net loss of 91.35 mln pounds ($14.7m)

Buzzi Unicem modifies plans to buy Dyckerhoff stake

06 October 2004, Published under Cement News

Buzzi Unicem SpA has abandoned plans to buy a 24.19 per cent stake in German cement group Dyckerhoff AG from Sanpaolo IMI SpA unit IMI Investments before January, when the bank has the right to sell t

ARM to Buy Firm in Zambia

06 October 2004, Published under Cement News

Athi River Mining (ARM), has announced plans to buy a multi-million lime manufacturing business in Zambia. The firm has also announced an Sh860 million-expansion plan to boost its production capacity