Cement News tagged: Corporate
Caribbean Cement FX losses cut into profit
Caribbean Cement Company’s thrust into the export market enabled the company to mitigate against a
Holcim 1Q Net Profit CHF74m versus profit CHF370m
Holcim Ltd reported a fall in net profit to SwFr74m (US$64m) compared with CHF370m a year ago.
Vicat first quarter decline
Vicat today reported first-quarter 2009 sales of €425 million for the three months ended 31 March 2009,
Vulcan first quarter turnover down
Reduced production and stock levels led to a 26.6% fall in Vulcan Materials’ first quarter turnover to
Nigeria Lafarge unit’s Q1 2009 profit climbs 23 per cent
Lafarge Cement WAPCO, the Nigerian unit of the world’s biggest cement maker, Lafarge, reported a 23
HeidelbergCement Said to Offer More Interest to Extend Loans
HeidelbergCement AG, the German cement maker owned by the Merckle family, is offering banks more
Semapa Q1 ’09 profit plummets 47.6% YoY
Semapa closed the first quarter of 2009 with a net profit of EUR12.8m (US$16.9m), down 47.6% on the
Lafarge successfully completes cap hike
The EUR1.5bn (US$1.97bn) capital increase launched by Lafarge on April 2 has been closed successfully.
Mysore Cements is now HeidelbergCement India
Mysore Cements Ltd has announced that the name of the Company has been changed from "Mysore Cements Ltd"
Siam Cement back to black
Siam Cement Company (SCC) is expected to report a 1Q09 net profit of Bt4.3bn, down 39.0% YoY but
Italcementi unlikely to make acquisitions in 2009
Italian cement company Italcementi is unlikely to make acquisitions this year but if opportunities arise
Prosperity Minerals CEO to transfer stake to HK firm
China-focused Prosperity Minerals Holdings Ltd said its Chief Executive David Wong had signed a
Cemex to issue new shares for dividend payment
Cemex plans to issue up to 1 billion new shares that analysts say will finance a dividend payment of
Taiheiyo sees cement market recovery in ’10
Taiheiyo Cement Corp expects its business in the U.S. to recover next year, one year earlier than
Sinoma increases merger budget to CNY8.1bn
China National Materials (Sinoma) will increase capital expenditure this year to CNY11bn (HK$12.48bn)
Steppe to raise UK£10m in offer
Steppe Cement Ltd said it planned to offer 40 million shares to raise UK£10m, shortly after the company