Cement News tagged: Corporate
Semapa H1 net surges 116 per cent year-on-year
Semapa SGPS Portugal said net profit surged 116 per cent to Euro 71.5m in
Siam Cement stocks rise on higher earnings projections
Siam Cement, Thailand’s largest industrial conglomerate, rose 2.4 per cent
R-ADAG eyeing cement business
Power-to-telecom business house Reliance Anil Dhirubhai Ambani Group (R-ADAG) plans to enter cement manufacturing
Ssangyong Cement sells headquarters
South Korean cement maker Ssangyong Cement Industrial Co. said Friday it sold its headquarter building in Seoul to Golden Bridge Asset Management Co. for
Asia Cement Plans Hong Kong IPO as early as 2008
Asia Cement Corp, a member of Taiwan’s Far Eastern Group, is planning an initial public offering in Hong Kong as early as next year,
Pakistan’s Cherat Cement’s profit dips to Rs 184.158m
The profit after tax of Cherat Cement Company Limited declined to Rs 184.158m in the year ended on June 30 as compared to Rs 537.785m earned in the corresponding period of last year.
Chia Hsin Cement shares up on Credit Suisse report
Chia Hsin Cement Corp. shares gained after Credit Suisse Group initiated coverage on Taiwan’s fourth largest cement maker with an "outperform" rating.
Cemex seeks review of takeover panel Rinker declaration
Australia’s Takeovers Panel said Thursday that Cemex SAB has launched a Federal Court appeal of its July declaration of unacceptable circumstances and orders relating to the Mexican cement comp
Holcim sets 2010 margin targets, focus on aggregates
Holcim Ltd Thursday revealed new divisional targets for 2010, including a clear improvement in its building aggregates business.
Lafarge’s Romanian succes
Romanian Lafarge Cement, expects its turnover to increase by 30 per cent YoY to €300m, much more generous than an earlier
Bihir, India to get more grinding unts
The Nitish Kumar-led government in Bihar, India has received proposals for investment worth Rs 400 crore from cement companies,
Luks Group in vietnam real estate move
Luks Group (Vietnam Holdings) Co. Ltd of Hong Kong has decided to set up a joint venture in real estate in Viet Nam. According to the company
SCG unit determined to meet B52bn target; Industry slowdown won’t stop efforts
SCG Distribution Business, the distribution arm of the Siam Cement Group, is determined to drive sales to meet its target for the year of 52 billion baht amid a downturn in the industry.
Holcim Maroc first-half net profit rises 22 per cent
The Moroccan unit of Holcim said on Friday first-half net profit rose 22 per cent as new housing, tourism and infrastructure projects reinforced demand for its products.
Holcim to meet targets despite U.S. slowdown
Holcim is confident it will meet its targets this year despite expecting a slowdown in U.S. cement consumption, the group’s chief executive told Reuters on Thursday.
EA Portland Profit Jumps 20%, Kenya
East African Portland Cement’s pre-tax profit for the year ending June 2007 has shot up by 20 per cent to Sh1.1 billion, from Sh924 million in the previous year.