Cement News tagged: Corporate
Prosperity Minerals issue of Notes with Warrants
Prosperity which operates a cement manufacturing business in the People’s Republic of China and an iron ore business serving the same market
Vulcan Announces first quarter results
Vulcan Materials Company announced first quarter net sales were US$772m compared to US$630m in the first quarter of 2007.
Taiwan Cement Group sees earnings shrink in Q1
The rising prices of crude oil and coal have driven down operating gross profit margins for Taiwan Cement Group’s
Allen to become new CFO for TXI
Ken Allen has been named vice president of finance and chief financial officer of Texas Industries, Inc, effective August 1.
Portugal BPI to revise projections on Semapa after 1Q08 results
Portuguese investment bank BPI will reconsider its estimates and expectations about local construction group Semapa, after the presentation of the first quarter 2008 earnings results,
Egypt’s South Valley Cement to give free shares
Shareholders of Egypt’s South Valley Cement approved a two-for-five stock dividend, the firm said in a statement to the stock exchange on Sunday.
Saurashtra Cement net up 43% for Mar 2008 quarter
Saurashtra Cement announced a substantial rise in standalone net profit for the quarter ended March 2008.
OCI profit jumps on more contracts
Egypt’s Orascom Construction Industries said its net income in 2007 grew by almost half from the previous year on a record number of construction contracts.
Siam Cement Q1 seen weaker as costs soar
Siam Cement PCL, Thailand’s biggest industrial conglomerate, is expected to post a 21 per cent drop in first-quarter earnings
Saudi Cement net profit in 1Q08 up by 2.5% YoY
Saudi Cement Company’s first quarter income rose by 2.7% YoY on higher sales, though the growth in profit
Cemex CEO says company’s Venezuela exposure small
Mexican cement maker Cemex SAB isn’t overly exposed to a nationalization of its Venezuela operations because it’s only a small part of its global operations
Thailand’s Siam Cement to issue US$158m debt
Siam Cement SCC.BK, Thailand’s top industrial conglomerate, said on Friday it plans to raise an additional
Colombia’s Cementos Argos 1Q net increases
Cementos Argos SA, Colombia’s largest cement company, said Wednesday its consolidated net profit rose in the first quarter to US$42m,
Lucky Cement plans to raise funds for expansion
Lucky Cement Ltd said Monday it plans to raise funds soon by selling global depository receipts.
Saudi Cement Q1 profit growth below competitors
Saudi Cement Company , Saudi Arabia’s largest cement maker, said first-quarter income rose 2.7 per cent on higher sales, though the growth in profit is one of the industry’s lowest.
Asia Cement Holdings to Go Public on SEHK
Taiwan-based Asia Cement Corporation plans to spin off Asia Cement Holdings, its business in Mainland