Cement News tagged: Corporate
Torah Cement net profit rises
Egyptian Torah Cement registered a net profit increase to E£203.3m (US$36.1m) in the first half of 2007,
Hydra buys 20% stake in Ras Al Khaimah Cement
Real estate developer Hydra Properties has diversified into the building materials industry after acquiring a 20 per cent share of Ras Al Khaimah Cement Company.
Shiva Cement to allot shares to IFCI
Shiva Cement Ltd on Wednesday said it will allot 10 lakh equity shares to IFCI Ltd on preferential basis.
Oman Cement Q2 net falls 14 per cent
Oman Cement Co. posted a second quarter net profit of OMR4.15m ($10.78m), down 13.7 per cent from a year earlier as production fell partly due to disruption caused by Cyclone Gonu.
Misr Cement Qena says H1 net up 23 per cent
Egyptian cement company Misr Cement Qena made a net profit of E£147.8m (US$26.2m) in the first half of 2007,
Eastern Europe pushes Dyckerhoff ahead
Buzzi Unicem’s quoted subsidiary Dyckerhoff increased its fist half turnover by 29.8% to EUR810m, helped by an initial contribution from its new Dutch subsidiary,
HeidelbergCement sells Maxit unit to Saint-Gobain
HeidelbergCement announces that it has entered into an agreement with Compagnie de Saint Gobain on the sale of maxit Group.
HeidelbergCement Q2 boosted by Vicat stake sale
HeidelbergCement reported a boost to second-quarter profits on Monday on the back of the disposal of its stake in French building materials group Vicat.
Anglo American plans to put Tarmac up for sale
Anglo American will sell its UK-based building material business Tarmac in what will be the final step of its assets restructuring programme,
FLSmidth wins new contract in Latin America
FLSmidth has signed an approximately US$100m contract (DKK 540m) with Cementos Argos SA for a new 5250tpd line and additional aftermarket services.
Cimpor shares up on Lafarge stake increase
Shares in Cimpor rose almost four percent on Thursday after Lafarge said it had increased its stake in the company to 17 per cent from 12.6 per cent, traders said.
Lafarge announces intention to apply for delisting from New York Stock Exchange
Lafarge has announced its intention to apply for the voluntary delisting of its American Depositary Receipts (ADRs) from the New York Stock Exchange (NYSE).
St. Lawrence Cement Holders sell out shares to Holcim
Holcim said it owns nearly all of Canada-based St Lawrence Cement Group Inc. after buying out minority shareholders.
Dalmia Cements Q1 net up 63 per cent
Dalmia Cement (Bharat) today reported a 63 per cent increase in net profit at Rs 81.84 crore for the quarter ended June 30, against Rs 50.28 crore in the corresponding period last fiscal.
Hanson shareholders approve HeidelbergCement’s recommended cash offer
At shareholders meetings held yesterday, the shareholders of London-based Hanson PLC approved the recommended cash offer by HeidelbergCement
Lucky Cement earnings may increase up to six per cent
The earnings of Lucky Cement Limited are expected to increase by three to six per cent to Rs 1, 997m to Rs 2,052m for the fiscal year ended on June 30, analysts said.