Italcementi announces change to Board of Directors
Italcementi announced that Elena Zambon is retiring from its Board of Directors for professional reasons. Ms Zambon had been acting as Independent Director and was a member of t...
Italy
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Court of Rome declares validity of Buzzi offer for SACCI
Buzzi Unicem has been informed by SACCI SpA (SACCI) that the Court of Rome has declared the admissibility of the composition plan submitted by SACCI on 21 September 2015. The co...
Bedeschi acquires Mid-West Conveyor Co
Bedeschi SpA of Italy announced the acquisition of Mid-West Conveyor Co, a US-based provider of turnkey bulk material handling systems for the utilities, mining, cement, fertili...
Buzzi Unicem makes binding bid for SACCI
Buzzi Unicem has made a second offer for fellow Italian producer SACCI to acquire its cement and ready-mix concrete business.
Buzzi Cement see stock market gains of 5%
Buzzi Unicem was the best performer of the FTSE MIB blue-chip index of the Milan Stock Exchange
Honduras: Goldlake invests US$230m in 1.2Mta plant
Italy’s mining company Goldlake will invest US$230m in a new cement plant via its local subsidiary Five Star Mining. The 1.2Mta works in the Agalteca valley will produce sulphat...
Buzzi Unicem: strong growth in America
Buzzi Unicem's first-half turnover improved by 4.9 per cent to EUR1238.2m and EBITDA rose by 20.3 per cent to EUR166.6m. The depreciation and impairment charges came down by 22....
Cementir advances in Denmark and Sweden
Cementir's first quarter turnover eased by 0.9 per cent to EUR204.7m and the EBITDA came off by 1.6 per cent to EUR24.2m, primarily reflecting difficult market conditions in Tur...
Buzzi improves in the USA & central Europe
Buzzi Unicem's first-quarter turnover increased by 3.4 per cent to EUR513.39m and the EBITDA went from a EUR10.26m to EUR27.15m. The loss at the trading level was reduced by 48....
Italcementi advances in India and Morocco
Italcementi's first-quarter turnover improved by 5.1 per cent to EUR980.5m while the running EBITDA eased 0.4 per cent to EUR95.2m. The trading loss was increased by 13 per cent...