Cement News tagged: Corporate
Cementos Rezola, Hormigones y Minas post EUR102.8m turnover
Spanish cement producer Cementos Rezola and concrete producer Hormigones y Minas, part of Spanish cement group Financiera y Minera (FyM), owned by Italian cement group Italcementi, posted a combined t
FLSmidth Says Larsen & Toubro violates licensing deal
FLSmidth A/S said it will take all actions necessary to prevent Indian company Larsen & Toubro Ltd from breaching alleged contractual obligations and alleged infringement of FLSmidth’s know-how
Saudi White Cement appoints new directors
The general shareholders’ meeting of Saudi Riyadh-based cement maker, Saudi White Cement Co Ltd, appointed on June 13, 2005 Prince Feisal bin Abdul Majid board chairman, local media said on June
Sabanci Holding still interested in Uzan
Erhan Kamisli, head of Sabanci Holding cement group, said that the group company Akcansa was still interested in cement companies those were previously owned by Uzan Group and later on seized against
Italcementi shares jump 4% on back of exclusive talks with Asec
Italcementi, the Italian cement and construction materials group, yesterday saw its share price jump 4.15 per cent to close at EUR13.30 in Milan, after announcing that it had signed
Lafarge not to boost stake in Cimpor, Portugal
Lafarge does not plan to boost its stake in the share capital of Portuguese cement company Cimpor. Currently Lafarge controls 12.6% of Cimpor’s share capital with the respective voting
Saudi Arabian Cement Co Board recommends US$53.3m Capital hike
The management board of Saudi cement producer Arabian Cement Company (ACC) proposed on June 12, 2005 a 200m Saudi riyal (US$53.3m/€41.4m) capital increase to 800m riyals (US$213.3m/€165.5m).
Thai Kim Eng to advise on TPI Polene share sale
Kim Eng Securities (Thailand) has been chosen to advise Thai Petrochemical Industry (TPI) on selling its 30 per cent stake in cement maker TPI Polene, TPI’s debt administrator said.
Siberian Cement to place debut bond issue on June 16
The Siberian Cement holding company (Kemerovo) will begin placing a R800m debut bond issue on June 16.
Thailand: Phatra Securities puts SCC on "buy" list
Siam Cement has announced plans to reduce its holding in Michelin Siam Group from 40 per cent to 10 per cent by offloading to France’s Michelin Group prior to 2008, The Nation reports.
Cement and concrete group has come a long way to be on hold.
Hanson, the company that made its name in the 1980s as an acquisitive corporate raider before "conglomerate" was a dirty word, is now a more down-to-earth business. Aggregates,
Taiwan Cement May parent sales 2.39 bln twd vs 2.41 bln
Taiwan Cement Corp its parent sales in May fell to 2.39bn twd from 2.41bn in the same month a year earlier.
TPI likely to auction cement unit stake next week
Thai Petrochemical Industry is expected to sell its 30 per cent stake in Thailand cement maker TPI Polene by auction next week in a bid to raise US$250m, a member of TPI’s debt administration sa
Government to move BRPSE to bail out CCI
The Ministry of Heavy Industries, Government of India, proposes to move the Board for Reconstruction of Public Sector Enterprises (BRPSE) to seek Rs886-crore loan-cum-interest waiver for Cement Corpor
Taiheiyo sees pretax profit rising, Japan
Taiheiyo Cement Corp expect group pretax profits to rise in the year ending March 31, 2006, thanks to price hikes and streamlining efforts.
Cemex secures $1.9bn revolving credit to pay debt, Mexico
Cemex SA has secured $1.9bn in two revolving credit facilities that it will use in part to refinance debt associated with its recent acquisition of RMC Group, one of the leading banks said Tuesday.