Cement News tagged: Corporate
Siam Cement shifts focus to consumer
Siam Cement Group (SCG) has signalled a departure from its previous marketing campaigns, opting for a new 100 million baht (US$2.6m) promotion targeting the end-consumer.
Shree Cement wins award
Rajasthan-based company, Shree Cement Ltd, is among this year’s recipients of the Golden Peacock Environment Management Award (GPEMA) 2006. The awards, instituted by the World Environment
CR minorities take short-term view
Minority shareholders in China Resources Cement, whose profit slumped 85 percent last year, have voted overwhelmingly to accept a HK$428 million privatisation offer by the Hong Kong-listed company&rsq
China Resources Cement shares suspended
Trading in shares of China Resources Cement Holdings Ltd. was suspended on Thursday, the Hong Kong exchange said. No further details were immediately available. Shares of China Resc Cement ended at H
Gujarat Sidhee Cement swings to profit
Gujarat Sidhee Cement earned a profit of Rs. 34.03 million compared with a loss of Rs. 86.39 million in corresponding quarter of 2004-05. Sales for the quarter rose 31.34 per cent to Rs. 889.97 mill
India Cements FY06 net soars
Buoyed by higher demand and better prices, India Cements Ltd (ICL) has reported a sharp growth in net profit at Rs 45.31 crore for the fiscal ended March 31, 2006 compared to Rs 4.58 crore in the prev
Cimsa not to participate in capital increase
Cimsa Cimento Sanayi, Turkey, said that it decided not to participate in the capital increase of its subsidiary Enerjisa Enerji Uretim. Recently other Sabanci Holding group companies, namely Akcansa,
S K Birla group may exit cement business
After hiving off Saurashtra Chemicals Ltd last year, the S K Birla group might sell its stakeholding in loss-making Mysore Cements Ltd.
Dalmia Cement net rises
Dalmia Cement (Bharat) India has reported a phenomenal jump in net profits for the quarter ending in March, 2006. During the quarter, the company saw a 342.03 per cent rise in profits from Rs 121.1 mi
Tongyang Major sells stake in subsidiary
Tongyang Major Corp., a flagship company of the long-established cement manufacturer Tongyang Group, said Monday it has sold a stake in its subsidiary to a US-based investment fund for 225bn won (US$2
ACC shareholders approve merger of Tarmac India
Associated Cement Companies Ltd (ACC) today said it has approved the merger of Tarmac India Ltd with itself. The equity shareholders of the company at their court convened meeting held yesterday appr
EBRD considering Garadagh stake
Terms of consideration of the issue of shareholding of the Bank in OJSC Garadagh Cement have been extended according to EBRD spokesman Raymond Conway in Baku. "The Board of Directors will consider thi
Lafarge Romania reports higher profits
Lafarge Cement Romania, the local subsidiary of the French group Lafarge, reported a profit of approximately Euro 55m last year. The 2005 turnover recorded by Lafarge Cement stood at some Euro 175m,
Tangshan Jidong Cement sees H1 net profit up
Tangshan Jidong Cement Co Ltd said that it expects net profit for the first half to rise over 50 per cent year-on-year, on higher sales and cost cutting. The company’s net profit in the first ha
Tongyang Major sells stake in subsidiary
Tongyang Major Corp., a flagship company of the long-established cement manufacturer Tongyang Group, said Monday it has sold a stake in its subsidiary to a US-based investment fund for 225 billion won
China’s Tangshan Jidong Cement sees H1 net profit up
Tangshan Jidong Cement Co Ltd said that it expects net profit for the first half to rise over 50 pe cent YoY, on higher sales and cost cutting. The company’s net profit in the first half of 20