Cement News tagged: Corporate
Siam City 4Q07 earnings still weak, but 2007 to slightly improve
Siam City Cement (SCCC) is expected to announce very weak 4Q07 earnings of just Bt575mn (EPS Bt2.5), down 22% QoQ and 11% YoY.
Zimbabwe: renamed Circle Cement to start trading on ZSE
Cement manufacturer Circle Cement Limited will start trading on the Zimbabwe Stock Exchange as Lafarge Cement Zimbabwe Limited
Italy Cementir Increases Board Members
The shareholders’ meeting of Italian cement group Cementir, a unit of local construction company Caltagirone, increased its board members to 15 from 13, the company said.
HeidelbergCement’s decision to implement capital increase
The Managing Board of HeidelbergCement AG has resolved, subject to the consent of the Supervisory Board, to make use of the authorised capital and to implement a cash capital increase
Analysis: Holcim likely to buy next as sector consolidates
Holcim was conspicuously absent from a round of industry consolidation in 2007, but its big cash pile means it could acquire a rival in the coming months, according to an analysis report from Reuters.
Australia’s ANZ Bank, Calyon fund Vietnamese cement project
Australia and New Zealand Banking Group Ltd and Calyon yesterday committed US$96.4m to the Ha Tien 2.2 Cement Production Line project.
Siam Cement 4Q07 earnings will continue weak
Siam Cement (SCC) is expected to report a disappointing 4Q07 normailised earnings of just Bt5,009mn (EPS Bt4.17), down 11% qoq but stable yoy.
HeidelbergCement trends lower report chartists
Heidelberg Cement AG hit a 52-week low of €90.01 during the day.
Readymix buys limestone reserves
rish cement maker Readymix PLC, part-owned by Cemex
Kryvyi Rih Cement Expands Board
The shareholders of Kryvyi Rih Cement, one of the five biggest cement producers located in Dnipropetrovsk region,
Texas Industries: commissioning delays in California
In its first half of its financial year to the end of November, Texas Industries managed to improve its
CRH: more share buybacks
CRH plc announces that on 9th January 2008, UBS Limited purchased, on behalf of the Company, 85,672
Thailand’s Siam Cement: softer earnings
SCC is expected to announce a 4Q07 net profit of Bt5.2bn, up 11.4% YoY but down 31.1% QoQ.
CNBM Buys cement companies
China National Building Material Co., Ltd is set to acquire six cement and clinker manufacturers for CNY 3 billion.
Binani Ind to consider fund raising on Jan 19
Binani Industries Ltd said on Tuesday its board will meet on January 19 to consider raising upto $125 million through the equity or debt route by its subsidiary, Binani Cement Ltd.
Shree Cement Oct-Dec net falls on depreciation cost
Shree Cement Ltd reported a 66.35 per cent fall in Oct-Dec net profit due to high depreciation costs, a top official said on Tuesday.