Cement News tagged: Corporate
West China Cement announces new finance director
West China Cement Ltd said it has appointed Po Ling Low as finance director with immediate effect.
Indonesia: Bosowa to name strategic partner in 1Q09
PT Semen Bosowa expects to get an investor to become its strategic partner in the first quarter in 2009 to develop the company, its chief executive officer, Erwin Aksa, said on Monday.
Siam Cement: healthy 3Q08, but higher risks going forward
Thailand’s Siam Cement’s 3Q08 net profit is expected to fall 19% YoY and 15% QoQ to Bt6.09bn. Excluding the divestment gain booked in 3Q07,
Mangalam Cement net declines 19.78% in Sep 2008
Mangalam Cement announced a drop in standalone net profit for the quarter ended September 2008. During the quarter, the profit of the company declined 19.78% to Rs 223m
UltraTech 2Q net profit falls 12%
Indian cement maker UltraTech Cement Ltd said net profit for the fiscal second quarter fell 12% from a year earlier, hurt by a sharp increase in prices of coal and other raw materials.
JK Lakshmi Cement’s net declines
JK Lakshmi Cement today announced a standalone net profit of Rs 26.88 crore for the second quarter of the current fiscal, a 63.42 per cent decline over the corresponding period a year ago.
Ash Grove seeks anti-trust clearance to increase Eagle stake
Eagle Materials Inc said Thursday that Ash Grove Cement Co has filed a notice seeking anti-trust clearance to increase its stake in the company.
Chettinad Cement Q2 net dips 32 per cent
Cement manufacturer, Chettinad Cement Corporation on Thursday registered a net profit of Rs 34.18 crore for the second quarter ended September 30
Sinai Cement may double capital to E£700m
Sinai Cement, an Egyptian cement producer, plans to double its capital to E£700m (US$125m) by distributing 35m free shares.
Anhui Conch says China cement prices to fall in 2009
Anhui Conch Cement Co, China’s biggest maker of the building material, said prices will decrease early next year on cooling demand for new property and infrastructure in some regions.
Tabuk Cement net profit down to US$37.8m Jan-Sep 2008
The net profit of Saudi cement producer Tabuk Cement Company (TCC) fell to SAR 142.3m (US$ 37.8m) in the first nine months of 2008 from SAR174.4m in the same period last year
HeidelbergCement’s Bosnian unit 1H net profit rises 88% YoY
Tvornica Cementa Kakanj (TCK), a Bosnian cement factory owned by Heidelberg Cement, reported a first-half net profit of 28.54 million marka
Ethiopia: EIB lends EUR 29m for Derba Midroc Cement Factory
Derba Midroc Cement company (DMC) in Ethiopia has benefited from a EUR 29m loan from the European Investment Bank (EIB)
Texas Industries under pressure from Sawiris
At the forthcoming annual general meeting of Texas Industries, on October 21 2008, Mr. Nassef Sawiris is trying to
JK Lakshmi Cement gains 3.8 per cent on thin volume
JK Lakshmi Cement , India’s thirty-fourth largest Construction company by market capitalisation, gained INR1.65 (or 3.8 per cent) to INR45.60,
Italcementi -Fabbriche Riunite Cemento increases 2.2 per cent, rising for a third day
Italcementi -Fabbriche Riunite Cemmento, Italy’s largest basic materials company by market capitalisation, increased 17.50 Eurocents