Cement News tagged: Corporate
China’s wholesale housing destruction
China’s wholesale housing destruction of its older neighbourhoods is slowing, with housing demolitions this year falling by more than half compared with 2003,
Victims lose it all, for companies it’s business as usual
The death toll continue to rise and reams are being written about the enormity of the tragedy that struck parts of South India on Sunday
Buzzi Unicem buys more Dyckerhoff shares
Italian cement and concrete manufacturer Buzzi Unicem SpA purchased five million ordinary shares of German cement maker Dyckerhoff,
Cemex unaffected by Tsunami in Southeastern Asia
Cemex, the world’s third largest cement maker, does not expect its operations in southeastern Asia to be affected by the devastating tsunami
TPIPL: Improving earnings in 4Q04
After an analyst’s meeting recently with TPI Polene (TPIPL), earnings are estimated to be boosted in 4Q04 with a normal profit of
Prism Cement up on takeover buzz
Rumours of a possible sell out to foreign cement major Lafarge saw the stock of India’s Prism Cement touch new highs on
China to invest US$12bn for rural highway construction
China will invest 100 billion yuan (US$12bn) from 2006 to 2010 to build more rural highways, said Zhang Chunxian,
Orascom risk ratings
Fitch Ratings, the international rating agency, has just assigned Egypt-based Orascom Construction Industries’
Hardie attempts to raise US prices
James Hardie Industries will attempt to push through a hefty January price rise for its building products in the US, in a bid to boost profits
GCC to record seven per cent growth
Abu Dhabi - The GCC economies will record economic growth of about seven per cent this year, spurred by higher oil revenues,
Industry to grow five per cent next year
Argentine industry will grow by a minimum of five per cent next year, which makes it almost inevitable that the sector will surpass
Lhoist to invest in China plant
Work has started in Chizhou of Anhui Province on a refractory material project financed and owned by the Lhoist
Banks to contribute to Infra fund
Indonesia’s Chief Economics Minister Aburizal Bakrie said local banks are expected to contribute Rp40 trillion (US$4.44bn) to fund
Taiwanes public construction spending
Investment in public construction projects will hit NT$200bn (US$6.21bn) next year, Premier Yu Shyi-kun said.
India Cements Board OKs bond issue
The board of India Cements Ltd has approved a fund raising through various instruments including convertible debentures and equity warrants, the company said Friday. In a filing with the Bombay Stoc
Chilanga Cement Reports its Unaudited Results
Chilanga Cement announced its un-audited results for six months to 30 June, 2004. Net turnover was K102 billion (K80 billion in previous period). Profit after tax was K17.2 billion