HeidelbergCement to pay out 1.25 euros per share
HeidelbergCement, the German cement product manufacturer, is to increase its dividend for 2006 from 1.15 euros to 1.25 euros. On average, analysts had expected a dividend of 1.3...
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Colombia’s Argos to boost exports to US after ’09
Colombia’s largest cement maker, Cementos Argos SA will gradually boost its cement exports to the US to 4Mta from a current 2.1Mt after its new plant in the Caribbean por...
Thailand to raise Vietnam cement industry investment to $6bn
Thai cement enterprises will raise investment to $3bn in Vietnam’s cement industry in 2007, and later to US$6bn, affirmed former Foreign Minister Arsa Sarasin in talks with Viet
Work begins on Chongqing Tongliang’s 1Mt cement grinding plant
According to news released yesterday by Sichuan-based Chongqing Tongliang Jinjiang Cement Company, construction has begun on the company’s 1Mt cement grinding plant
St Lawrence Cement lauded for cutting emissions
The EPA has commended American Electric Power, St. Lawrence Cement and United Technologies Corp. for achieving significant greenhouse gas reductions under EPA’s Climate Leaders ...
HeidelbergCement’s pre-tax profit grows by 86.4%
Helped by acquisitions and favourable markets, HeidelbergCement boosted turnover by 18.3% to EUR9,233.8m in 2006.
Cement supply gap to stay till 2009, India
While the government has succeeded in forcing a freeze on cement prices for one year effective from March 9, the demand-supply gap in cement,
Carib Cement profits plunge 54%
Caribbean Cement Company paid out just under $305m to settle faulty cement claims in 2006 as restitution for ’non-conforming’ product let loose on the market.
Colombia’s Inversiones Argos seeks to consolidate
Colombia’s Inversiones Argos, operator of the country’s largest cement maker, said on Wednesday it would invest $350m
Holcim Romania to invest EUR2.8m in environment protection in 2007
The Romanian unit of Holcim said on Wednesday it would invest some EUR2.8m (US$3.7m) in environment protection projects this year.
Cement company helps build classrooms in Cebu
Taiheiyo Cement Philippines Inc, in the southern Cebu town of San Fernando has donated some 25,000 bags of cement to the Cebu provincial government
Exports lift Chia Hsin profit
Chia Hsin Cement Greater China Holding, a Taiwanese-run cement maker in the mainland, said profit surged on robust export growth last year.
Government fails to facilitate cement export, Pakistan
The government has failed to facilitate cement export, as Port Qasim and Karachi Port Trust authorities have expressed inability to provide ’dedicated berths’
Indocement 2006 net profit down 20 per cent
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk , reported on Thursday a 19.9 per cent YoY decline in its 2006 net profit due to higher selling...
Taiheiyo Cement expanding waste recycling operations
Taiheiyo Cement Corp is beefing up its waste materials recycling business as it looks to increase the profitability of its growing environmental business.
Taiheiyo Cement: to book Y2.2b special loss from land sale
Taiheiyo Cement Corp said Thursday it will book a special loss of Y2.2bn from the sale of land in eastern Tokyo for this fiscal year ending March 31.
Turkish Adana Cimento plans US$61m dividend for 2006
Turkish cement company Adana Cimento said it would propose its shareholders to vote on the payment of a dividend of TRL85.4m (US$61m) for 2006.
Cement cos say won’t cut prices
Indian cement makers have told Finance Minister P. Chidambaram that they won’t cut cement prices, a senior government official said Thursday.
Cemex extends bid for Rinker again
Cemex SA has extended its US$11.7bn takeover bid for Rinker Group Ltd for the third time as the Mexican cement company waits for
Cabinet discusses cement material situation in markets, Syria
Prime Minister Mohamad Naji Ottri on Tuesday called Ministries of Economy and Industry to take necessary procedures to supply cement material in the local market.
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