Cement News tagged: Corporate
Union Cement’s new name
Union Cement Corp.’s board has approved a change in the company’s name to Holcim Philippines Inc. after Swiss cement maker Holcim’s affiliate, Cemco Holdings Inc., raised its stake
Birla Corp To Take Up Lodha re-appointment
Birla group company — Birla Corporation Ltd would take up the issue of re-appointing Rajendra Lodha as the director of the company, at its annual general meeting (AGM) on September 15, 2004. The prop
Republic Cement to issue P1.35-B convertible notes
Republic Cement Corp. yesterday said it will issue P1.35 billion in convertible loan notes to Lafarge Cement Philippines, Inc. in exchange for its stake in Continental Operating Corp. In a disclosure
Republic Cement to issue P1.35-B convertible notes
Republic Cement Corp. yesterday said it will issue P1.35 billion in convertible loan notes to Lafarge Cement Philippines, Inc. in exchange for its stake in Continental Operating Corp. In a disclosure
Cementos Alfa Profit up 29.6 pct
Spanish cement maker Cementos Alfa SA posted a net attributable profit of 8.2 mln euro ($10 mln) for the first half of 2004, a 29.6 pct year-on-year increase, the company reported to Spain’s sto
CRH improves first half margins
First half turnover rose by 21.6% to EUR5,670.4m and the operating profit at the EBITDA level advanced by 35.3% to EUR624.4m, with the trading profit jumping by 57.2% to EUR384.6m. Excluding acquisit
RMC 1H net drops 63%
RMC Group Plc said first-half profit fell 63 per cent as a decline in UK road building hurt demand.
Titan completes Pennsuco enlargement early
Titan’s first half turnover increased by 7.9% to EUR5261.7m, which represents a 12.4 per cent advance at constant exchange rates. The operating profit at the EBITDA level rose by 19.5 per cent to EUR
CIDEM Hranice sells three brick plants
Wienerberger is to acquire an additional three brick works in the Czech Republic from CIDEM Hranice on the first of October. The three plants have a combined capacity of 75m standard format hollow br
H+H boosts first half margins
Aerated concrete producer H+H International pushed ahead the operating profit at the EBITDA level by 32.8% to DKr.152.6m (€20.5m) on a turnover 7.2% higher at DKr.684.2m (€92.0m) in the first six mont
Holcim raised first half margins
First half turnover at Holcim emerged at Sw.Fr.6,317m (€4,075m), an increase of 8.8%, or 9.8% if measured in local currencies. The operating profit at the EBITDA level rose by 12.6% to Sw.Fr.1,720m (
Cemex is in good shape to fight for Loma Negra
Cemex, the third largest cement producer at global level, would be prepared to invest an additional US$1 billion not accounted for in its 2004 budget if it decided to participate in the bidding proces
RMC Group braced for sharp drop in UK profits
Investors are bracing themselves for a sharp drop in profits from RMC Group PLC’s UK operations in the first half of 2004 when the company reports Thursday as lower roads spending by the UK&rsqu
Lafarge Malayan Cement Q2 net profit falls
Lafarge Malayan Cement Bhd said its second-quarter to June net profit fell to 24.83 mln rgt from 37.71 mln a year earlier after sales dipped to 443.38 mln rgt from 447.45 mln, with domestic demand for
Alexandria Portland Cement Releases 1H
Alexandria Portland Cement released 1H FY04 results ending June, in which consolidated net income recorded LE22.6 million, compared to a net loss of LE29.6 million in the comparable period last year.
Fancesa shareholders to discuss capital increase
Bolivian cement producer Fancesa is to hold an extraordinary shareholders meeting September 9 in Sucre, Fancesa said in a filing to the country’s stock market. The meeting will include discussi