Cement News tagged: Corporate
Star Cement drops stake sale plan, India
Star Cement, a subsidiary of Kolkata-based Century Plywoods, has put its decision to sell 10-15 per cent on
Deepak Parekh appointed to Lafarge India’s advisory board
Deepak Parekh, Chairman, HDFC, has been inducted on the Lafarge’s International Advisory Board.
Cemento Andino approves investments, to issue bonds

The Board of Cemento Andino has agreed to extend the lease it has with the Credit Bank of Peru (BCP) at
Limak considers bidding for Afyon Cimento, Turkey
Limak is considering bidding for fellow Turkish cement maker Afyon Cimento and the sale process could
Carib Cement losses still climbing
Caribbean Cement Company Limited made a loss of J$608m (US$7m) in the second quarter, even while
Investments in Venezuela production
President Hugo Chávez Frías has authorised resources for expansion of cement plants to increase their
Anhui Conch reports significant first half 2011 rise
Anhui Conch Cement Co., China’s second largest cement producer by output, said Monday that its first-half profits rose 233.62 per cent YoY due to
Fujairah first half 2011 loss
UAE-based producer, Fujairah Cement, posted a loss of more than AED6m (US$1.63m) for the second quarter of 2011.
Cement Industries (Sabah) addresses cement shortages, Malaysia
Cement Industries (Sabah) Sdn Bhd (CIS) will be delivering 35,000t of cement this week to meet the
Fitch affims Cemex ratings
Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of Cemex and its subsidiary, Cemex Espana
Taiheiyo Cement’s firm outlook, Japan
Taiheiyo Cement reported a smaller-than-expected 1Q loss and projected its operating profit will rise 64%
Egypt Misr Cement Qena plans dividend
The board of Egypt’s Misr Cement Qena plans to pay a dividend of EGP5 (US$0.8) per share from first-half profit
India Cements net rises fourfold
India Cements Ltd said on Friday its net profit rose over fourfold to INR102.03 crore for the quarter
Goldman Sachs downgrades Buzzi, Italcementi
Goldman Sachs has lowered the share price target on Italian cement maker Buzzi Unicem.
Egypt’s Misr Beni Suef H1 net profits fall 21%
Egypt’s Misr Beni Suef Cement posted a 21 per cent drop in first half net profit to LE152.8m (EGP25.6m),
CRH increases its financial flexibility
The arbitration tribunal to which CRH and Semapa took their dispute has ruled that Semapa was within its rights to demand the exercise of a call option on the 49% stake that CRH holds in the