Cement News tagged: Corporate
Indocement sees profit up 78%
PT Indocement Tunggal Prakarsa Tbk, a unit of HeidelbergCement, expects sales to drop for the first time in six years
El Ameriyah net profit gains, Egypt
El Ameriyah Cement, a unit of Cimpor, said its full-year profit in 2008 gained 43 per cent.
Ha Tien 2 cement maker to go public from Mar 26
On March 26, 88 million HT2 coded shares of Ha Tien 2 Cement Joint Stock Co will be officially traded
Cemex suspends 1Q guidance
Cemex announced that it is suspending its quarterly guidance announcement, a long-standing company practice, due to
Indocement 2008 net profit IDR1.75trn Vs IDR980.10bn
Cement maker PT Indocement Tunggal Prakarsa said Friday its 2008 net profit rose 79% to IDR1.75trn
HeidelbergCement says it’s in ‘intensive talks’ with investors
HeidelbergCement AG said it’s in “intensive talks” with potential investors and extended a deadline to reorganise finances.
Binani Cement eyes LSE listing
The Braj Binani Group is looking to get its cement manufacturing flagship Binani Cement listed on
Holcim cut at Morgan Stanley on cost of refinancing
Morgan Stanley cut its rating on Holcim to underweight from equal-weight and
Carib Cement’s profit jump on improved efficiencies
Were it not for a near-14 per cent devaluation in the Jamaican dollar against its main trading counterpart - the US dollar - Caribbean Cement Company would have
Santander: Cemex may report earnings decline
Cemex probably will report more than 25 percent drops in first-quarter sales and EBITDA, Banco Santander SA wrote.
Indocement repays remaining debt to HC Finance
Indonesia’s second largest cement maker PT Indocement Tunggal Prakarsa said it has repaid its remaining debt of US$50m to HC Finance BV.
Taiwan Cement Corp’s sales up 44.84% in February
Taiwan Cement Corp, Taiwan’s largest cement producer, posted NT$2.64bn (US$75.86m) in consolidated
Egypt’s Sinai Cement 2008 net profit up 21 per cent
Egypt’s Sinai Cement posted a 21 per cent rise in net profit for 2008 to
Indonesia’s Gresik says 2008 net profit up about 40%
Indonesia’s largest cement firm, PT Semen Gresik , on Monday said net profit rose about 40 per cent to
China’s Huaxin plans share placement
China’s Huaxin Cement said it plans to raise up to CNY4bn(US$585m) through a private placement of domestically listed A shares.
Cemex rises most in three months
Cemex rose the most in three months and call options jumped on speculation its creditor banks will refinance the company’s debt to avoid pushing it into default.