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US Lehman Brothers Cuts Italy Italcementi Stake

US investment bank Lehman Brothers has cut its stake in Italian cement group Italcementi to under the threshold of tw...

Exchange rate loss of Indocement to decrease

PT Indocement Tunggal Prakarsa Tbk predicted that the exchange rate loss of the company will decrease this year as th...

Egyptian Misr Beni Suef net profit soars 290% YoY

The net profit of Egyptian cement producer Misr Beni Suef Cement (MBSC) jumped 290 per cent YoY to E£101m (US$17.5m) ...

Greece’s Titan Cement nine-months net seen rising 12% on strong US ops

A continuing strong performance in the US market and improving sales in Greece will be the main drivers behind growth...

Anhui Conch raises three-year loan by 60 per cent

Anhui Conch Cement Co, China’s biggest cement maker, increased its first syndicated loan by 60 per cent to CNY8...

Lafarge buys back EUR80M Of Its Own Convertible Bonds

Lafarge SA (LR) said it has bought back EUR80m in convertible bonds, or 6.15% of a total EUR1.3bn bond launched in Ju...

Kuwait Cement Co Posts $83.2m nine month net profit

Kuwait Cement Company posted a net profit of KWD24.3m (US$83.2m) for the first nine months of 2005, up from KWD14.6m ...

BPB board agrees to £3.9bn deal

British plasterboard maker BPB was last night recommended a 775p-a-share offer from French suitor Saint Gobain. The £...

Cement output keeps increasing in October

According to statistics provided by China Cement Association, China’s demand for cement will keep growing in the four...

Cementos Molins net profit down

Spanish cement company Cementos Molins posted a Euro 61.2m net profit for the first nine months of 2005, down 4.0 per...