Cement News tagged: Corporate
Production efficiency drives UltraTech profits up 32 per cent
Aditya Birla Group company UltraTech Cement today posted a 32 per cent rise in net profit at Rs 279 crore for the quarter ended December 31, 2007
Gulf Cement net gains up to QR32.3m
Gulf Cement Company has reported a net profit of QR32.3m in 2007 and said it was proposing to convert itself
China’s Anhui Conch Cement sees 50 per cent growth in 2007 net profit
Anhui Conch Cement Co Ltd said it expects its 2007 net profit to rise more than 50 per cent YoY on the back of strong sales.
Lafarge adds Groupe Bruxelles Lambert, Sawiris representatives to board
Lafarge shareholders approved the nomination of representatives from its two largest shareholders to the French company’s board of directors.
Siam City 4Q07 earnings still weak, but 2007 to slightly improve
Siam City Cement (SCCC) is expected to announce very weak 4Q07 earnings of just Bt575mn (EPS Bt2.5), down 22% QoQ and 11% YoY.
Zimbabwe: renamed Circle Cement to start trading on ZSE
Cement manufacturer Circle Cement Limited will start trading on the Zimbabwe Stock Exchange as Lafarge Cement Zimbabwe Limited
Italy Cementir Increases Board Members
The shareholders’ meeting of Italian cement group Cementir, a unit of local construction company Caltagirone, increased its board members to 15 from 13, the company said.
HeidelbergCement’s decision to implement capital increase
The Managing Board of HeidelbergCement AG has resolved, subject to the consent of the Supervisory Board, to make use of the authorised capital and to implement a cash capital increase
Analysis: Holcim likely to buy next as sector consolidates
Holcim was conspicuously absent from a round of industry consolidation in 2007, but its big cash pile means it could acquire a rival in the coming months, according to an analysis report from Reuters.
Australia’s ANZ Bank, Calyon fund Vietnamese cement project
Australia and New Zealand Banking Group Ltd and Calyon yesterday committed US$96.4m to the Ha Tien 2.2 Cement Production Line project.
Siam Cement 4Q07 earnings will continue weak
Siam Cement (SCC) is expected to report a disappointing 4Q07 normailised earnings of just Bt5,009mn (EPS Bt4.17), down 11% qoq but stable yoy.
HeidelbergCement trends lower report chartists
Heidelberg Cement AG hit a 52-week low of €90.01 during the day.
Readymix buys limestone reserves
rish cement maker Readymix PLC, part-owned by Cemex
Kryvyi Rih Cement Expands Board
The shareholders of Kryvyi Rih Cement, one of the five biggest cement producers located in Dnipropetrovsk region,
Texas Industries: commissioning delays in California
In its first half of its financial year to the end of November, Texas Industries managed to improve its
CRH: more share buybacks
CRH plc announces that on 9th January 2008, UBS Limited purchased, on behalf of the Company, 85,672