Cement News tagged: Corporate
HeildelbergCement strengthens above moving average price
Heidelberg Cement AG has strengthened above its trend. The 200-day moving average price (MAP) was €110.60.
Egyptian Alexandria Cement AGM Approves US$0.54 Dividend/Share 9-Mo 2007
The annual general meeting (AGM) of Egyptian company Alexandria Cement approved on December 5,
India: cement scripts trail Sensex in returns
Cement manufacturing companies are facing a tough time in the current quarter as cement prices move south, while the cost of power and coal move north.
Sinoma IPO allure untarnished by mainland austerity measures
Despite the uncertainties posed by mainland austerity measures and a chilly response to some recent initial public offerings, the upcoming initial public offering for China National Materials (Sinoma)
Holcim consolidates stake in Ambuja Cements to 46 pc
Holcim Ltd, world’s second largest cement-maker, today said it has increased its stake in Ambuja Cements by 13 per cent to 46 per cent
Birla group cement output down 8.3 per cent in Nov
The Aditya Birla Group: Cement production in November has fallen 8.30 per cent to 2.34Mt against 2.52Mt in October.
Huaxin Cement to sell shares at higher price to Holchin
Huaxin Cement Co., Ltd, a listed cement producer based in Huangshi City, Hubei Province, Central China, determined to raise the share selling price to Holchin B.V
Slowdown in US prompts rethink for CRH
CRH has scaled down immediate ambitions for its US expansion by acquiring only a fraction of the US$3.5bn US$4.5bn
Holcim hikes Indian Ambuja Cements stake by about 13 pct to 46 per cent
Holcim said it has expanded its stake in Indian cement maker Ambuja Cements
Holcim Indonesia upgraded to ’buy’; target price raised by 166 per cent
PT Holcim Indonesia has been upgraded to a "buy" from "hold", with the stock’s target price raised by 166
Semen Gresik Director Resigns
A director of PT Semen Gresik Tbk has filed his resignation plan to the company’s board and the company plans to arrange extraordinary general meeting of shareholders on December 10 2007.
Sinoma places shares to six investors
China’s largest cement production equipment manufacturer China National Materials Group Corporation (Sinoma) has chosen 6 investors to take up 20% stake
Italcementi adds 1.1 per cent on low volume, rising for a seventh straigh day
talcementi added €16.0cents (1.1%) to €14.14.
CRH in €170m Florida deal
CRH has acquired ready-mixed concrete businesses in Florida from cement giant Cemex in a deal worth US$250m (€170m, writes Richard Curran.
Huaxin halts trading, mulls foreign proposal
According to China Knowledge Press, Huaxin Cement Company Limited is reportedly considering an investment offer from an overseas company and has stopped stock trading temporarily.
Lafarge Malayan Cement posts 77.2% rise in nine month pretax profit
Lafarge Malayan Cement has registered a 77.2 per cent jump in nine-month pre-tax profit to RM245.713m (US$72.7m) from RM138.688m