Italcementi acquires full control Zuari Cement, India
Italcementi Group, via Ciments Français, its sub-holding for international activities - has entered into an agreement to acquire the shareholding of Zuari Industries Limited in ...
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Cementir Q1 profits more than double, Italy
Cementir, the Italian cement and concrete group, saw its pre-tax profits soar by 123 per cent, to EUR15m, during the opening quarter of 2006.
Holcim Shareholders OK Capital Increase, Dividend
Swiss based cement maker Holcim Lt Friday said its shareholders approved the planned capital increase and the payment of the dividend of CHF1.65 per registered share.
Profits jump at Egypt’s Suez Cement, Asec Cement
Egypt’s Suez Cement and Asec Cement, both controlled by Italcementi, reported sharp rises in their firt-quarter net profits on Sunday, with rises of 111 and 77 percent res...
Italcementi FY to rise to EUR550m from EUR391m
Italcementi SpA is expected to increase full year net profit to EUR550m from EUR391m a year earlier, boosted by an increase in sales to EUR5.50bn from EUR5.00bn. EBITDA is forec...
Torah Cement’s Q1 net profit up 54%
Egypt’s Torah Cement made a net profit of E£80.8m (US$14m) in the first three months of 2006, 54 per cent up on the same period of 2005, the stock exchange said on Sunday.
Pakistan may increase exports to Afghanistan
Pakistan might increase cement exports to neighbouring Afghanistan, a number of factory officials said Saturday.
New order for Polysius, Vietnam
Vietnamese and German companies on May 12 reached an US$81m agreement on providing advanced production technology to one of Vietnam’s leading cement producers Ha Tien Ceme...
Juan Minetti profits slide 19 per cent, Argentina
Argentine cement and concrete company Juan Minetti made net profits totaling ARP18.7m (US$6.16m) during the first quarter this year, down 18.6 per cent compared to the same peri...
Five firms shortlisted in Uniland sale, Spain
Five companies have been shortlisted for the sale of a 73.7 per cent stake in Barcelona-based cement maker Uniland, report local press.
Pakistan lifts ban on export, Afghanistan
Pakistan has lifted ban on export of cement to neighbouring war-battered country Afghanistan, but has increased its custom duties.
Minister asks cement cos to bring down prices by Monday, India
India’s Commerce & Industry Minister Kamal Nath Friday asked cement companies to come up with a proposal to reduce prices by Monday. "Government cannot and will not remain...
Cyprus sales increase
According to the Statistical Service of Cyprus, total cement production increased to 155,000t in April 2006 compared to 149,000t in April 2005,
India Cements signs deal for new plant
India Cements Ltd, a private cement firm, has signed a deal with the Himachal Pradesh government today to set up a Rs 750 crore cement plant. The MoU was signed by representativ...
Cement price update, Philippines
Cement firm Holcim Philippine Inc. has agreed to peg the retail price of a 40kg bag of cement at P178 here, the Department of Trade and Industry, regional office announced on We...
Gresik ‘should get sale priority’, Indonesia
State-owned Semen Gresik should get first refusal on purchasing shares in the local company being sold by Cemex, Indonesia’s Vice President Jusuf Kalla said Friday.
Italcementi set to buy 50 per cent in Zuari Cement
India’s Zuari Industries is set to sell its 50 per cent stake in Zuari Cement to Italcementi for Rs 500 crore. The deal is expected to be finalised by the company’s ...
Suez net profit surges, Egypt
Egypt’s Suez Cement Co (SCC), 51 per cent held by Ciments Francais, registered a surge in consolidated net profit to E£222.7m (US$38.6m) in the first quarter of 2006, comp...
FCC’s Q1 net profit rises 41 per cent, Spain
Spanish building and services group Fomento de Construcciones y Contratas (FCC) posted a 40.7 per cent rise in first-quarter net profit to EUR113.8m.
Cementir revenue up 26.8 per cent, Italy
Italian cement group Cementir, a unit of local construction company Caltagirone, registered a revenue of EUR217.2m (US$275.9m) in the first three months of 2006, up 26.8 per cen...
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