Cement News tagged: Corporate
Dyckerhoff reports considerable volume increases
The economic upturn and the mild winter led Dyckerhoff to considerable volume increases as group sales increased by 48%,
Vicat’s cement shipments well ahead
Vicat’s first quarter turnover rose by 28.8% in absolute terms, and by 18.2% on a comparative basis, to €513m.
CRH boosted by better weather
CRH’s underlying sales improved by about 6% during the first four months of the year.
Holcim 1Q held back by input and energy costs
Holcim reported higher first-quarter sales volumes in all segments, with price adjustments in several markets, however, the company said this was not enough to fully absorb
Holcim passes the 50% mark on ACC and Ambuja, India
Holcim has raised its stake in Indian cement companies ACC and Ambuja Cements above 50%.
Sean Quinn and family removed from Quinn Group role
Irish entrepreneur Sean Quinn - once said to be Ireland’s richest man - has released a statement speaking of his upset at the decision by Anglo Irish Bank to strip him of control of the Quinn Gr
Goldman downgrades Jaiprakesh Associates to neutral
Goldman Sachs has downgraded Jaiprakesh Associates to ’neutral’ from ’buy’ and removed the stock from the Wall Street bank’s "Asia Pacific buy list"
Century Plyboards plans to raise US$50m
Century Plyboards plans to raise US$50m via external commercial borrowings (ECBs) at five per cent interest.
Cemex appoints new UK President
Cemex has appointed Jesus Gonzalez as the new UK president with immediate effect
Al-Rajhi Cement issues local debt finance
The issuance by Al-Rajhi Cement Jordan of its debut Sukuk (a local denominated bond) in late April 2011 opens up yet another new market for sukuk origination in the Middle East and North Africa.
Cement majors benefit from milder European winter
Q1 results have benefitted from the milder weather in Europe, particularly in Central and Eastern Europe. Conversely, margins have been under downward pressure, due to higher energy costs, with offset
Indocement reports strong first quarter profit
PT Indocement Tunggal Prakarsa said its first-quarter net profit rose to IDR868bn (US$101 million) from
Holcim increases stake in Ambuja; delisting possible
Holcim Ltd (Switzerland) has increased its stake in Ambuja Cements to 50.0% by buying
Semen Gresik 1Q11 profits rise 9% YoY
Indonesian cement producer Semen Gresik said its first quarter net profit rose 9% to IDR884bn ($103m)
Indonesia: Nomura bullish on cement
Nomura has initiated its coverage of the Indonesian cement sector with Buy ratings on Semen Gresik and
HeidelbergCement India net profit falls 35%
HeidelbergCement India has announced the financial results for the quarter ended March 31, 2011. The