Cement News tagged: Corporate

Anhui Conch says China cement prices to fall in 2009

16 October 2008, Published under Cement News

Anhui Conch Cement Co, China’s biggest maker of the building material, said prices will decrease early next year on cooling demand for new property and infrastructure in some regions.

Tabuk Cement net profit down to US$37.8m Jan-Sep 2008

15 October 2008, Published under Cement News

The net profit of Saudi cement producer Tabuk Cement Company (TCC) fell to SAR 142.3m (US$ 37.8m) in the first nine months of 2008 from SAR174.4m in the same period last year

HeidelbergCement’s Bosnian unit 1H net profit rises 88% YoY

15 October 2008, Published under Cement News

Tvornica Cementa Kakanj (TCK), a Bosnian cement factory owned by Heidelberg Cement, reported a first-half net profit of 28.54 million marka

Ethiopia: EIB lends EUR 29m for Derba Midroc Cement Factory

15 October 2008, Published under Cement News

Derba Midroc Cement company (DMC) in Ethiopia has benefited from a EUR 29m loan from the European Investment Bank (EIB)

Texas Industries under pressure from Sawiris

Texas Industries under pressure from Sawiris

15 October 2008, Published under Cement News

At the forthcoming annual general meeting of Texas Industries, on October 21 2008, Mr. Nassef Sawiris is trying to

JK Lakshmi Cement gains 3.8 per cent on thin volume

14 October 2008, Published under Cement News

JK Lakshmi Cement , India’s thirty-fourth largest Construction company by market capitalisation, gained INR1.65 (or 3.8 per cent) to INR45.60,

Italcementi -Fabbriche Riunite Cemento increases 2.2 per cent, rising for a third day

Italcementi -Fabbriche Riunite Cemento increases 2.2 per cent, rising for a third day

13 October 2008, Published under Cement News

Italcementi -Fabbriche Riunite Cemmento, Italy’s largest basic materials company by market capitalisation, increased 17.50 Eurocents

Buzzi Unicem Spa price 39.7 per cent below volume weighted price

13 October 2008, Published under Cement News

Buzzi Unicem SpA, Italy’s largest Construction, Engineering & Materials company by market capitalisation, plunged €2.25

Heidelbergcement AG rises 1.3 per cent, in significant uptrend

13 October 2008, Published under Cement News

HeidelbergCement AG rose 95 Eurocents (or 1.3 per cent) to €72.65. Compared with the DAX Index which fell 342.7 points

ACC to increase capacity to retain declining market share

10 October 2008, Published under Cement News

India producer ACC, a part of the Holcim Group, plans to add more capacity after 2010 to retain market share.

Cemex: statement in light of current market conditions

10 October 2008, Published under Cement News

Cemex warned on Thursday its derivatives position slid into negative territory as its share price collapsed and investors panicked about the company’s outlook.

Merckle buys more shares in HeidelbergCement

09 October 2008, Published under Cement News

Majority shareholder of German cement producer HeidelbergCement, Adolf Merckle, bought further 578,395 shares in the group on Monday via his holding firm VEM Vermoegensverwaltung GmbH.

NNS Holding boosts Lafarge stake to 13.2 per cent

09 October 2008, Published under Cement News

NNS Holding, the Luxembourg-based investment fund controlled by Nassef Sawiris, has boosted its stake in Lafarge to 13.2 per cent, a spokesman said on Wednesday.

Malaysia: offer for UEM Builder, CIMA becomes unconditional

09 October 2008, Published under Cement News

UEM Group Bhd’ takeover offers of UEM Builders Bhd and Cement Industries of Malaysia Bhd (CIMA) became unconditional yesterday.

Sawaris want more from Texas

09 October 2008, Published under Cement News

Nassef Sawiris, an Egyptian executive who owns nearly 15 percent of Texas Industries Inc.’s stock, has sent a letter to the company’s shareholders, petitioning them to oust two board directors, includ

Mondi Bag Converting invests in bag plant in North Western Europe

08 October 2008, Published under Cement News

On 3 October 2008 Mondi will inaugurate a new bag converting plant in Belgium. The plant in Tubize with its long tradition of bag production, which goes back to 1928