Cement News tagged: Corporate
Egypt’s Misr Beni Suef Cement says 9-mnth profit up
Misr Beni Suef Cement said its profit for the first nine months of 2007 rose 2.6 per cent to £E211.4m (US$38.44m).
Holcim Indonesia seeks new loans to prepay US$214.71m debt
Cement maker PT Holcim Indonesia said Tuesday it is proposing to borrow funds to prepay some of its US$214.71m debt.
Lafarge Asks Albert Frere To Join Board Of Directors
Lafarge SA has invited Belgian businessman Albert Frere to join its board of directors, Belgian daily L’Echo reports Friday, citing Lafarge.
New order for Sinoma in Iran
China Sinoma International Engineering Co., Ltd announces that its subsidiary recently signed a contract with Iranian Neyriz Grey Cement Company.
Lafarge Cement sales in Romania up 58.6 per cent YoY Jan-Sept 2007
Lafarge’s cement sales in Romania rose 58.6 per cent YoY in terms of value in the first nine months of 2007.
St-Gobain denies held merger talks with Lafarge
French building materials group Saint-Gobain denied on Thursday ever having held merger talks with Lafarge
Jordan Cement Factories net profit drops
Jordan Cement Factories Co (JCFC) posted a net profit of JOD42.4m (US$59.9m) for the first nine months of 2007, down from JOD50.6m ($71.4m) a year ago.
CGD cuts stake in Cimpor
Portuguese state-owned bank Caixa Geral de Depositos (CGD) has cut its stake in the share capital of local cement production group Cimpor
Lafarge 3Q Net Profit +9% despite US slowdown
Lafarge SA Thursday said net profit for the third quarter was up 9%, supported by emerging markets growth and higher prices, and in spite of the slowdown in the U.S. residential market.
Italcementi cuts FY opg guidance after Q3 profits miss expectations
Italcementi SpA has cut its guidance for full-year operating profits after its third-quarter results came in below market expectations.
Egypt’s South Valley nine-month profit up 300 per cent
Egypt’s South Valley Cement increased its net profit by 323 per cent to E£300m (US$54.7m) in the nine months ended Sept. 30, a statement from the company said on Sunday.
Gresik names Citi as banking provider
To boost its financial performance and facilitate its efforts to develop as a global player, Indonesia’s largest cement manufacturer,
Higher price realisations help cement cos in Q2
Indian companies that have a major presence in the southern States, which witnessed the highest price in the quarter, saw their realisations zoom.
Holcim names manager
Holcim (New Zealand) Ltd has appointed a new manager to oversee its $200m Weston cement plant project, which has emerged as the company’s preferred long-term option to meet future demand for cem
Oman Cement Co Appoints Board Member
Oman Cement Company (OCC) appointed Hamdan al-Wahaibi board member, representing the government,
Cement workers to protest on November 16, India
Workers in cement factories will observe November 16 as "All India Protest Day" over the manufacturers’ "reluctance" in announcing an ad hoc payment to employees in view of the huge profits bein