Cement News tagged: Corporate
Podilskyi Tsement Decides To Boost Capital
Shareholders of Podilskyi Tsement company one of Ukraine’s three largest producers of cement, decided at a meeting on May 11 to increase the statutory fund by UAH 59.832 million to UAH 69.804 mi
Cement Association of Canada
François R. Lacroix, President of the Cement Association of Canada (CAC) is pleased to announce that the CAC Board of Directors has selected Mr. Alan Kreisberg as Chairman of the Board, effective May
Philippine exchange lifts trading suspension order
The Philippine stock exchange said trading in shares of Fortune Cement Corp is to resume today after the company submitted additional information on its planned merger with another Philippine cement
HeidelbergCement says Merckle and others will sell shares
HeidelbergCement AG has placed advertisements in the German Boersen-Zeitung stating that Adolf Merckle and the Koetitzer Ledertuch und Wachstuch Werke AG both reduced their shareholding in the cement
Mysore Cement funds
In Calcutta, India, The Mysore Cement board today agreed to raise a maximum of Rs20 crore by way of equity or other instruments to bolster the company’s finances. It will now seek the shareholders’ ap
Heracles sees profits rise
Greek cement producer AGET Heracles, majority-owned by France’s Lafarge, is expected to include in its 2005 financial results an extraordinary profit of Euro 44m it was reported on June 21, 2005
Italcementi Group to invest in three Bulgarian subsidiaries
Italcementi Group will invest $20m in its three subsidiaries in Bulgaria - cement plants Devnya Cement and Vulkan and transport company Lyulyaka, a company official said.
Russian Eurocement Sets Up Subsidiary in Ukraine
Russian major cement producer Eurocement Group set up a subsidiary in Kiev, Ukraine, under the name Eurocement Group-Ukraine, it was reported on June 21, 2005. The new subsidiary will manage the grou
Capital group Cuts Holcim stake
Swiss cement producer Holcim Ltd said that The Capital Group now holds 22,844,158 of its shares. This corresponds to a stake of 9.94%, down from just above 10% previously.
Cemex SA Sees 2Q EBITDA exceeding $970m
Cemex expects to exceed its full-year target of $3.5bn in EBITDA.
CRH ’could face a €5bn takeover bid’
CRH could be "vulnerable" to a takeover bid, according to its stockbroker Davy, which feels that €8 a share is not out of the question.
Cementos Rezola, Hormigones y Minas post EUR102.8m turnover
Spanish cement producer Cementos Rezola and concrete producer Hormigones y Minas, part of Spanish cement group Financiera y Minera (FyM), owned by Italian cement group Italcementi, posted a combined t
FLSmidth Says Larsen & Toubro violates licensing deal
FLSmidth A/S said it will take all actions necessary to prevent Indian company Larsen & Toubro Ltd from breaching alleged contractual obligations and alleged infringement of FLSmidth’s know-how
Saudi White Cement appoints new directors
The general shareholders’ meeting of Saudi Riyadh-based cement maker, Saudi White Cement Co Ltd, appointed on June 13, 2005 Prince Feisal bin Abdul Majid board chairman, local media said on June
Sabanci Holding still interested in Uzan
Erhan Kamisli, head of Sabanci Holding cement group, said that the group company Akcansa was still interested in cement companies those were previously owned by Uzan Group and later on seized against
Italcementi shares jump 4% on back of exclusive talks with Asec
Italcementi, the Italian cement and construction materials group, yesterday saw its share price jump 4.15 per cent to close at EUR13.30 in Milan, after announcing that it had signed