Cement News tagged: Corporate
Armenia: Mika cement sustained losses by 15-20% in 2011
Mika Cement, one of the largest companies producing cement in Armenia, sustained losses by 15-20% in 2011, said Naira Martirosyan the company’s general director.
IDA Officially accepts Arabian Cement’s payment proposal
Egypt’s Arabian Cement Company (ACC), which had recently held a press conference to discuss its
Thailand’s TPI Polene’s margins squeezed
TPI Polene (TPIPL) posted a sharp QoQ decline in normalised earnings for 3Q11 due to reduced sales and margin
Lafarge WAPCO’s 4Q11 profit seen rising, Nigeria
Lafarge Cement WAPCO Nigeria Plc should expect improved returns for the year ending December 31,
Split of non-cement assets "neutral" for Argos
The recently-announced decision by Colombia’s largest cement fir, Cementos Argos, to sell its
Vietnam cement producers suffer losses
Declining cement consumption, along with rising input costs has resulted in Vietnam’s cement industry suffering losses worth
Lafarge joint-venture wraps up sale of offshore bonds, China
Lafarge Shui On Cement Ltd, a joint venture between Lafarge and SOCAM Development Limited, said
Delhi HC clears Ambuja Cements’ merger with Holcim India
The Delhi High Court has cleared the merger of Ambuja Cement India Pvt Ltd with Holcim (India) Pvt Ltd.
Kenya’s Portland Cement cuts exposure to FX losses
East African Portland Cement has converted part of a yen-denominated loan into dollars to reduce its
JP Associates to demerge Gujarat, AP cement plants
The Jaypee Group’s cement company, Jaiprakash Associates, approved demerger of its Andhra Pradesh and
India Cement reports quarterly profit
India Cement has posted net profit of INR697.1m for the quarter ended September 30, 2011 as compared to
Fitch Affirms HeidelbergCement at ’BB+’; Outlook Stable
Fitch Ratings has affirmed HeidelbergCement’s Long-term Issuer Default Rating (IDR) at ’BB+’ and Short-term IDR at ’B’.
Taiheiyo Cement reverses quarterly loss
Taiheiyo Cement Corp released better-than-expected earnings for the April-September period.
Sean Quinn declares himself bankrupt, Ireland
Ireland’s richest man, has declared himself bankrupt in a Belfast court over nearly three billion euro of debts to the former Anglo-Irish Bank.
Shree Cement net profit rises, India
Shree Cement Thursday registered a nearly three-fold rise in net profit to INR38.49 crore (US$7.7m) fo
Youngor invests in Huaxin private placement, China
Youngor Group Co Ltd said on November 11th that its wholly-owned investment subsidiary spent