Cement News tagged: Corporate
Eastern Province net profits inch up in 2Q, Saudi Arabia
Eastern Province Cement Company announced its 2Q-2010 results. Net profits inched up by 1.2% YoY
Multinationals look for Indian acquisitions
The Indian cement industry, which has seen some recent acquisitions by global players despite
Al Jouf Cement seeks US$173m in share offer, Saudi Arabia
Al Jouf Cement Co plans to raise SAR650m (US$173.3m) by selling new and existing shares to the
Gulf Cement sees half-year profits almost halve, UAE
Gulf Cement Company has seen its profits slashed by almost a half in a six-month comparison to 2009 and
Southern Province profits fall 13% as rivals gain
Eastern Province Cement and Southern Province Cement experienced very different second quarters as the
Lafarge raises US$186m from Malaysian unit stake sale
Lafarge has executed the sale of a minority interest of 11.2% in Lafarge Malayan Cement Berhad (LMCB)
Cimpor executive committee member resigns
Alvaro Luis Veloso has resigned from his post in the executive committee of Portuguese cement producer
UBS cut its target price on Portland Cement
Analysts at UBS maintain their neutral recommendation for the Spanish Cementos Portland but cut its
PACRA assigns rating to Maple Leaf, Pakistan
The Pakistan Credit Rating Agency (PACRA) has assigned Maple Leaf Cement Factory Limited
Vietnam HT1 Completes Acquisition of HT2
Ha Tien 1 Cement JSC (HT1), listed on the Hochiminh Stock Exchange, announced it took over Ha Tien
Alexandria Cement gets clearance for capital increase
The Egyptian Financial Supervisory Authority (EFSA) approved Alexandria Cement’s E£2.45bn rights
Siam Cement: 2Q10 earnings soft with 2011 growth strong
Siam Cement (SCC) earnings for the second quarter will weaken to Bt5.6bn (EPS Bt4.67), down 18%
US funds in talks for cement partnership with Brazil’s CSN
A group of US investment funds is finalising the partnership with Brazil’s Companhia Siderurgica
Cimpor purchase could face delays
The purchase of stakes in Cimpor by Brazilian groups Votorantim and Camargo Correa is one of the deals
Yanbu Cement 2Q profit drops 25 per cent
Saudi’s Yanbu Cement Co posted a 25 per cent drop in second-quarter net profit as sales fell amid increased
Binani Cement to buyback shares
Binani Cement Ltd has decided to ask for the permission of shareholders to buy back equity shares worth