Cement becomes the top profit earner at Eagle Materials
For its first quarter year to the end of June, Eagle Materials produced a turnover 14% lower at US$221.2m, principally reflecting lower plasterboard volumes and prices,
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Vulcan sees volume drop declining
Vulcan Materials’ first half turnover decreased by 0.8% to US$1,438.0m, while the EBITDA improved by 7.7% to US$431.4m and the running profit before tax advanced by 5.7% t...
Holcim may up Ambuja Cement stake
Fund managers are forecasting that Holcim, the majority shareholder in Ambuja Cements, may announce another buyback of shares
St Lawrence Cement Group Inc - 2Q results
St. Lawrence Cement Group Inc reported consolidated sales of $366.7 million for the second quarter ended June 30, 2007, compared to $364.7 million for the same period last year
Dalmia Cements Q1 net up 63 per cent
Dalmia Cement (Bharat) today reported a 63 per cent increase in net profit at Rs 81.84 crore for the quarter ended June 30, against Rs 50.28 crore in the corresponding period la...
Pakistan looks for government facilities to enable bulk exports
Pakistan can export cement in bulk to meet the emerging demand in Middle East, India, Central Asia and Africa,
Imerys may buy India’s ACE Refractories for INR5.50bn
France’s Imerys may buy India’s ACE Refractories for about INR5.50bn (US$136m) from private equity fund ICICI Ventures, the Business Standard reported, citing unnamed sources.
CNBM in joint venture with Jiangxi Cement
China National Building Material (3323) said it has signed letters of intent with four other parties to acquire 80% equity interest in
St. Lawrence Cement Holders sell out shares to Holcim
Holcim said it owns nearly all of Canada-based St Lawrence Cement Group Inc. after buying out minority shareholders.
Hanson profit dips on weak dollar, housing market
Hanson Plc, which is being taken over by HeidelbergCement reported lower half-year profit on Wednesday, hit by weaker US dollar and residential demand.
Concerns about Florida?
JP Morgan’s Building Material analysts have been reviewing Vulcan’s Q2 results noting that there were no real surprises as the company had pre-released on 18 July.
Taiwan Cement, Asia Cement do well in mainland China
The National Development and Reform Commission of mainland China predicted the prices for cement would continue to rise in the second half of this year,
Indian cement prices aren’t done with rising, yet
Notwithstanding the action of Monopolies and Restrictive Trade Practices Commission (MRTPC) against
North-Caucasian Railways dispatches over 2Mt of cement in 1H2007
In 1H2007 North-Caucasian Railways (SKZD) dispatched over 2Mt of cement, i.e. 40% more than in 1H2006.
Cement shortage delays development projects in Sabah, Brunei
Development projects in the State are being seriously hit by a continued shortage of cement resulting in many developers incurring additional costs.
Govt probes high financing charges on cement industry, Philippines
Trade and Industry Secretary Peter Favila yesterday said he will validate the claim of local cement producers that high financing charges are responsible for the high prices of ...
Pakistani firms to sell cement in India
Seven Pakistani cement companies have acquired provisional certification from the Bureau of Indian Standards to sell their product in India
Husheng Tianya exports 2Mt clinker to Spain
Hainan Huasheng Tianya Cement Co, Ltd signed a 2Mt cement clinker export contract with a Spanish
Egypt’s South Valley reports H1 net up 168 per cent
Egypt’s South Valley Cement increased net profit by 168 per cent in the first half of 2007 YoY, the stock exchange said on Monday.
Eurocement to Invest $39mn in Maltsovsky Portlandcement
Eurocement Group will invest about RUR1bn (US$39m) to develop production at Maltsovsky Portlandcement in 2007-2008.
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