Cement News tagged: Corporate
CRH four month trading favourable
CRH said that overall trading in the first four months of the year has been favourable with in particular a strong start from operations in the Americas. The company said that the year has also starte
Italcementi Q1 EBITDA, sales boosted by Egypt ops, Italy prices
Italcementi SpA’s first quarter EBITDA and sales, due today, will be boosted by the inclusion of Egypt operations acquired last year, and higher Italian selling prices, analysts said. EBITDA pro
SCCC’s 1Q06 earnings unexciting, Thailand
Both Bank of Thailand and Siam Cement data show a deceleration in 1Q06’s cement demand. Siam City Cement (SCCC) is expected to follow the trend as well. Decelerated domestic cement demand should
India Cement sees further growth
India Cements has raised US$75m from the sale of five-year convertible bonds and the company is getting ready to report its first full-year profit since 2001.
Steppe Cement Limited - Director Appointment
Steppe Cement Limited confirms that Keith Robert Newman will join its board of directors effective from today as a non-executive. Mr Newman is 56 years of age and has a background as a professional en
O’Mahony to lead CRH for two more years
CRH chief executive Liam O’Mahony is to stay in his post for at least two more years, shareholders were told at the annual general meeting of the group yesterday.
CCC settles half of claims received
Caribbean Cement Company says to date it has resolved up to 50 per cent of the claims for compensation issued by customers.
Cement stocks shaken on fears of export ban
Cement stocks fell from their high peaks on the bourses on Tuesday, following reports of the Government planning to ban exports of the product.
Lafarge sales in Romania
Lafarge’s sales in Romania rose 15.4 per cent on the year in the first quarter of 2006, the company said on May 3, 2006.
Holcim Indonesia reports higher profits
The country’s third largest cement producer PT Holcim Indonesia reported Rp219.92 billion (US$24.5m) in net profit in the first quarter of this year as against a net loss of Rp138.95 billion in
St Lawrence cuts Q1 losses
St Lawrence Cement Group has recorded sales of US$178.1m for the first quarter of 2006 compared with US$140.3m for the same period last year, an increase of 26.9 per cent. The higher sales reflect the
Chile producers post Q1 gains
Cementos Bío Bío saw net profits jump 20.1 per cent to 7.13bn pesos (US$13.9m) in the first quarter compared to 1Q05, while Cemento Polpaico and Grupo Melón’s profits grew 12.8 per cent and 0.79
Taiwan Cement producers earnings on the rise
Taiwan Cement Corp. and Asia Cement Corp., Taiwan’s two leading producers of cement, raked in handsome profits last year and will see their earnings further trend upward in the months to come.
Indonesia Indocement Q1 net profit up
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk , posted a 10.1 per cent increase in first-quarter net profit, thanks to strong cement sales and foreign exchange gain
Jaypee to acquire Gujarat Anjan Cement
In yet another consolidation move in the cement industry, the Jaypee group has struck a deal to acquire Gujarat Anjan Cement, which is implementing a 1.2Mt cement plant in Kutch, Gujarat. The financi
Early deadline for Uniland offers
The Spanish shareholders of Uniland, the Spanish cement firm, have set May 3 as the deadline for indicative offers for their 74 per cent stake. After the deadline has passed, investment bank Lazard wi