Cement News tagged: Corporate
Holcim Romania sees concrete sales rise
Holcim Romania expects an increase of over 30 per cent year-on-year in its concrete sales in the capital Bucharest in 2006, due to the great demand as a result of a large number of ongoing real estate
Cementos Portland raises stake in Lemona
Cementos Portland Valderrivas raised stake in Cementos Lemona SA to 97.57 per cent from 97.4 per cent it was holding in June 2006, Cementos Portland reported to the Spanish stock market regulator CNMV
GCC receives $250m syndicated loan
Mexican cement maker Grupo Cementos de Chihuahua (GCC) received a syndicated loan for US$250m from a group of national and international banks, the company said on August 30, 2006.
Bim Son to auction shares
The Bim Son Cement Joint Stock Company, Vietnam, is to float 14 million shares at the HCM City Securities Trading Centre on September 20, the company announced.
Sagar Cements plans offer
The board of directors of Sagar Cements Ltd, India, at its meeting on Wednesday decided to issue 18,50,000 convertible warrants of Rs 82 each on a preferential basis to identified persons in the pr
Heracles reports H1 profit increase
Athens-quoted Aget Heracles SA on Wednesday announced group sales of Euro 329.5m for the first half of 2006, up 14.8 per cent against the same period of 2005. The parent company’s sales totall
Omani Raysut Cement Co records higher sales
Oman’s Raysut Cement Co registered a 78 per cent year-on-year surge in sales to 24.29 mln Omani rials ($63.1 mln/49.4 mln euro) in the first half of 2006, it was reported on August 26, 2006. Th
Holcim under review
Holcim reported good H1 06 results on 24/08/2006 in line with consensus expectations. Analysts at Exane BNP Paribas have slightly adjusted its FY results. Guidance for 2006 already disclosed in Q1 of
Creaton anticipates stable profits on higher sales
The leading German clay roof tile producer Creaton has increased first half turnover by 15.0% to €62.6m, with domestic sales advancing by 13% to €45.0m and exports and Hungarian production accounting
Cimpor 1H net profit improves
Cimpor says improved turnover boosted net income by 14.7 per cent to Euro 142.7m in the first half of 2006 from Euro124.4m in the same period last year. Sales rose 11.2 per cent to Euro 824.4m from E
Siam Cement reports Q2/06
The Siam Cement Group (SCG) announced the operating performance for the second quarter and first six months of 2006, citing increase sales, particularly shown in chemicals business, while net profit d
CRH plc 2006 interim results
CRH has delivered a strong overall first half outcome with an improved organic operating profit performance in each of its six business segments. Total first half development activity exceeded euro 0.
Twiga Cement oversubscribed ’three times’
Investors’ response to an initial public offer (IPO) floated by Tanzania Portland Cement Company (TPCC) a month ago has raised more capital that was needed by management. While the management wanted t
Cement Corporation restructuring
Seven shut down units of state-owned Cement Corporation of India (CCI) are planned to be sold off soon to revive three of the remaining plants in Andhra Pradesh, Assam and Himachal Pradesh, Heavy Indu
Ultratech expects large turnover increase
Ultratech Cement Ltd expects a 20 per cent rise in its gross turnover for the current fiscal year ending Mar. 31, 2007, its chairman said Monday. "We expect production to total 17.74Mt in the current
TPI falls short of target
TPI Polene Plc has raised Bt12.18 billion (US$340m) - short of its target of Bt16.78 billion - from selling 1.27 billion newly issued shares through a rights issue and a private placement. The compa