Cement News tagged: Corporate
Cementir two years ahead of business plan
Italian cement and concrete group Cementir yesterday announced pre-tax profits of 168.9m euros for 2006,
Semen Gresik to Conduct Corporate Restructuring
PT Semen Gresik Tbk has planned to conduct corporate restructuring by establishing holding companies to control some cement units like PT Semen Gresik Tbk, PT Semen Padang, and PT Semen Tonasa.
Titan Cement FY net to rise 31.7%
Titan Cement is expected to report on Feb 21 a 31.7% rise in full year group net profit to EUR276.8m from a year earlier, on the back of robust sales in Greece, healthy exports and due to its diversi
Kuwait Cement’s 2006 net profit up 6.9 per cent
Kuwait Cement Co. posted a 2006 full-year net profit of KWD40.3m (US$139.3m), up 6.9 from the previous year.
Kuwait Cement’s 2006 net profit up 6.9 per cent
Kuwait Cement Co. posted a 2006 full-year net profit of KWD40.3m (US$139.3m), up 6.9 from the previous year.
Lafarge FY 06 Sales EUR16.9bn Vs EUR14.48bn
Lafarge said it recorded revenues of EUR16.9bn in 2006 compared to EUR14.48bn in 2005.
Hilal Cement Company retains GulfMerger to advise on strategies for long-term growth
GulfMerger, an independent financial advisory firm in the Middle East, has been retained by Hilal Cement Company as financial advisor to review its strategic growth alternatives.
CHC Jingyang’s Business Income Reaches RMB86.54M In January
Chia Hsin Cement Greater China Holding Corporation announced today that its subsidiary Chia Hsin Jingyang Company achieved an unaudited
Chinese clear cement plant purchase by CRH
CRH has been cleared by the Chinese government to complete the purchase of a cement plant in Heilongjiang province, in the northeast of that country.
Tanga Cement posts 16bn/- profit
Tanzania’s Tanga Cement Company (Simba) has posted 15.99bn/- net profit for its operations for the year ended December 2006, up from 7.233bn/- recorded in the preceding year.
Tabuk Cement raises capital to US$240m
Officials at Saudi Arabian Tabuk Cement Company announced that the company has gained the approval of the country’s Capital Market Authority (CMA) to expand the company’s capital from $186
Claudius Peters opens new outpost in India
Langley Holdings Claudius Peters division has a recently announced the opening of its new outpost in India. Located in Mumbai
Strong margin improvement at Martin Marietta
Martin Marietta Materials sold 180.1Mt (198.5Mst) of aggregates in 2006, which was 2.3% less than in the previous year.
CIMA surge draws query
Shares of Cement Industries of Malaysia Bhd (CIMA) rose 26 per cent, or RM1.30, yesterday, prompting a query from Bursa Malaysia.
Cemex offloads bonds to cement Rinker bid
Cemex has sold off US$750m ($965m) worth of hybrid bonds to clean up its balance sheet in preparation for its hostile US$12.8bn takeover of building materials group, Rinker.
Boral H1 profit drops 15 per cent, sees housing recovery in 08
Boral Ltd has reported a dip in first half profit and stuck to its forecast for lower annual earnings, but the brick, tile and concrete maker has forecast a recovery in its two key markets in 2008.