Cement News tagged: Corporate
Lafarge participates in capital increase of Birtas
Cement company Lafarge Aslan Cimento informed that it participated in the capital increase of its subsidiary
Camargo Corrêa Cimentos sees profits rise 9.7% in 2007
The growth of the Brazilian civil construction market buoyed the results in 2007 of Camargo Corrêa Cimentos.
Mexico’s Cemex starts big asset sale to pay debt
Cemex, may have to sell up to $2.7 billion in assets, according to a report from Reuters, to repay
Egypt’s Alexandria Cement makes US$31m profit in 2007
Alexandria Cement made a consolidated net profit of E£174.14m (US$31m) before minority interest in 2007
Benue Cement of Nigeria full-year profit drops
Benue Cement Co Plc, Nigeria said full-year profit slumped 59 per cent on lower sales.
West China Cement preliminary results 2007
West China Cement (WCC), based in the western Chinese province of Shaanxi, announced its preliminary results for the year ended 31 December 2007.
Buzzi FY net rises 31 per cent
Buzzi Unicem SpA said full-year net profit rose about 31 per cent from a year earlier,
Texas Industries: static cement volumes in year to date
In the nine months to the end of February, Texas Industries generated at turnover 3.8% ahead at US$762.5m,
GBL acquires EUR62.32m worth of Lafarge shares
Belgian Financier Albert Frere’s holding company Groupe Bruxelles Lambert acquired EUR62.32m worth
Holcim (Slovensko) sales slightly lower at Sk3.81bn, Slovakia
Sales at Holcim (Slovensko) decreased negligibly to Sk3.81bn last year from Sk3.85bn in 2006, the company has announced. EBITDA increased by 22 per cent.
Texas Industries enters $150m credit pact
Texas Industries Inc said Monday that it entered into an unsecured $150 million senior term loan with a group of lenders.
Lafarge’s Heracles Cement FY net grows 11.4 per cent
Lafarge’s Greek unit, Heracles General Cement Company SA, said full year group net profits grew 11.4 per cent YoY to EUR67.8m, weighed down by EUR31.7m in investments.
Jidong Cement’s net profits surge by 75%
Tangshan Jidong Cement Co, Ltd contributed RMB368M in net profits to its parent company in 2007,
Malaysia’s cement industry downgraded to ’neutral’ after elections
CIMB Research said on Friday it has downgraded the Malaysian cement industry to "neutral" from
ABL arranges Rs13bn for cement company
Allied Bank Limited has arranged multiple financing facilities worth Rs13 billion for Maple Leaf Cement Factory Limited (MLCFL).
Vicat chairman passes on the baton
The family-owned French cement group Vicat announced at its annual results presentation yesterday that its CEO