German Dyckerhoff 1Q08 net profit rises to EUR40m
Germany’s second largest cement producer Dyckerhoff AG booked a net profit of EUR40m in the first quarter of 2008
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Briones to invest US$190m in Cementos Bío Bío
Chilean investment group Invesa Briones will invest US$190m over three years in its cement producer Cementos Bío Bío, the holding company’s president Hernán Briones told reporters.
HeidelbergCement upbeat on 2008 outlook
HeidelbergCement , the world’s third-biggest cement maker, expects to boost sales and profit sharply this year as demand from eastern Europe and Asia offsets a weak North ...
Indonesia’s Rajawali wants Semen Gresik to expand abroad
The Rajawali Group, which has a 24.9 per cent stake in PT Semen Gresik has recommended the country’s largest cement maker expand operation abroad by acquiring one or two c...
Boral cuts forecast on US housing slump, wet weather
Boral Ltd, Australia’s largest building products maker by sales, Thursday said net profit for the year ending June 30 may drop as much as 21% because of the US housing slump and...
Holcim Philippines prepares for cement industry growth
Holcim Philippines, Inc. will spend P2 billion this year as it upgrades its equipment in preparation for as much as 10% growth in the local cement industry.
Cement to note highest price growth in 2008, Poland
In spite of the warm winter this year there has been no shortage of construction materials on the market, and, as a consequence
Cement companies slash prices in Gujarat
Indicating the first signs of a roll-back in last three years, the cement companies have slashed the billing price by Rs3 per bag in Gujarat on Monday.
Orascom boosts Lafarge’s Middle Eastern & African cement sales
Lafarge’s turnover increased by 8.3% in the first quarter to EUR4,000m, helped by the consolidation of Orascom from the 23rd of January.
Titan 1Q08 turnover declines, buy-out of Lafarge in Egyptian joint venture announced
Titan’s first quarter turnover emerged 0.6% lower at €340.2m and the EBITDA declined by 14.3% to EUR76.2m, while at the net attributable level there was a 15.8% reduction to €43...
Infrastructure investment boosts PPC’s profits, South Africa
Pretoria Portland Cement (PPC) saw its profit increase due to SA’s cement demand for its infrastructural projects,
Holcim pushes capital expenditure ahead
First quarter turnover at Holcim declined by 3.8% to SFr5,509m (€3,443m), principally reflecting the de-consolidation of the Egyptian and South African businesses but, on a comp...
Vulcan confident about achieving Florida Rock integration benefits
Helped by the inclusion of Florida Rock, Vulcan Materials’ first quarter turnover increased by 18.9% to US$819.3m
ADAG cement plants may kick off in 2012
The Anil Dhirubhai Ambani Group’s (ADAG) proposed foray into cement business is set to start next month with operations
Brazil cement prices growth seen positive for Cimpor
The 39.8 per cent YoY rise of the cement prices in Brazil in the first quarter of 2008 was considered quite positive for Cimpor,
UAE demand for cement rising
According to Al-Bayan newspaper (May 5, 2008), a report by the National Investor, an investment bank
Eagle Materials 4Q revenue $144.8m Vs $191.8m
Eagle Materials Inc. (EXP) late Tuesday reported its fiscal fourth-quarter net income fell to US$3.2m,
Cemex exploring sale of assets Cemex exploring sale of assets
Cemex is considering the sale of assets including operations in Austria, Hungary and select building products in the United Kingdom.
Shui On Construction sells cement plants to unit for HKD352m
Shui On Construction and Materials Ltd said it will sell cement and concrete plants in the southwestern province of Guizhou to its 45-per cent owned unit Lafarge Shui On Cement ...
Italcementi 1Q08 net profit down 12.4 per cent YoY
Italcementi booked a consolidated net profit of EUR81.3m (US$126m) for the first quarter of 2008, down 12.4 per cent on the year.
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