Cement News tagged: Corporate
CNBM Buys cement companies
China National Building Material Co., Ltd is set to acquire six cement and clinker manufacturers for CNY 3 billion.
Binani Ind to consider fund raising on Jan 19
Binani Industries Ltd said on Tuesday its board will meet on January 19 to consider raising upto $125 million through the equity or debt route by its subsidiary, Binani Cement Ltd.
Shree Cement Oct-Dec net falls on depreciation cost
Shree Cement Ltd reported a 66.35 per cent fall in Oct-Dec net profit due to high depreciation costs, a top official said on Tuesday.
TXI Reports Second Quarter Results
Texas Industries, Inc reported net income for the quarter ended November 30, 2007 of $29.3 million ($1.05 per share).
Board of Directors approve Lafarge’s acquisition of OCI Cement Group
The Board of Directors of Lafarge S.A has approved the acquisition of OCI Cement Group, the cement unit of Orascom Construction Industries (OCI).
Burnpur Cement shares list at 25% premium, India
The shares of Burnpur Cement Ltd listed at Rs 15 on Thursday, up 25 per cent from its issue price of Rs 12. Its shares were trading at Rs 25
CRH trading statement
CRH plc today issued its trading statement for the year ended 31 December 2007.
Saudi Yanbu Cement’s Q4 profit up 1.6 per cent
Yanbu Cement, Saudi Arabia’s fourth largest cement firm by market value, posted a 1.6 per cent rise in fourth-quarter net profit
Chia Hsin Cementwithdrawal listing on 8 Jan
TCC International Holdings (TCCIH) and Chia Hsin Cement Greater China (CHCGC) said trading in CHCGC shares was suspended with effect from 31 October 2007
Arabian Cement of Saudi Arabia launches rights issue
Arabian Cement of Saudi Arabia said on Saturday it will sell SAR500m (US$133.3m) worth of shares to its shareholders in a 14.3 per cent capital increase, it said on Saturday.
Burnpur Cement to list on Thursday
Equity shares of Burnpur Cement Ltd will list on Bombay Stock Exchange in the B1 Group of securities from Thursday, January 3.
CRH to post E1.9bn full-year profit
CRH is likely to post a pre-tax profit of around E1.9 billion for the full year 2007 when it reports tomorrow, a Davy Research note said today.
Taiwan Cement, Asia Cement See Earnings Jump in Mainland China
After years of effort to extend operations to mainland China, Taiwan’s two leading cement conglomerates, including Taiwan Cement Corporation and Asia Cement Corporation
Titan buys ready mix units
Greece’s Titan Cement said that its Interbeton Construction Materials has signed an agreement to acquire 100 per cent of ready
Arabian Cement to sell shares
Arabian Cement, Saudi Arabia said the sale of shares in a 14.3% capital increase will raise its paid-up capital to $213.4 million.
Lafarge still stalls on Azer plant
No progress has been reached in cement factory negotiations between Azerbaijan Investment Company and France’s Lafarge