Cement News tagged: Corporate
Can Puneet Dalmiya deliver?
Known for his cosmopolitan style, 32 year old Puneet Dalmiya one of the youngest members of the Dalmiya family, is using his energy to scale up the cement and sugar businesses to
Chumpol Na-Lamlieng retires from Siam Cement
One of Thailand’s leading industrialists is to retire early from his post as president of the conglomerate: Siam Cement as from the 31
TMSF hands over cement plants to new owners
TMSF hands over cement plants to new owners Turkey’s Savings Deposit Insurance Fund (TMSF) handed over four of nine cement factories auctioned off last month to their new owners
Cementos Portland chief increases his holdings
Jose Manuel Revuelta, the general manager of Spanish cement firm Cementos Portland, a subsidiary of leading Spanish construction
Saudi Yamama Cement to raise capital to US$360m
Saudi cement producer Yamama Cement Company (YCC) will propose a capital increase to 1.35 bn Saudi riyals (US$360m) from 450m
Investor sentiment for Indian cement sector down
Investor sentiment for the cement industry has been badly hit over the past fortnight and several stocks in this sector have under-performed
SCCC sells Karat Faucet stake
Siam City Cement Public Company Limited (SCCC) has sold 2,499,994 ordinary shares of the capital stock of Karat Faucet Co Ltd. (KFC),
But Son, Bim Son Cement Companies to offer shares
Two State-owned cement companies of But Son and Bim Son, which are located in northern Ha Nam and Thanh Hoa provinces of Vietnam
Akmenes looks at expansion possibilities
Akmenes Cementas, Lithuania’s only cement manufacturer, is considering building a new production lin e costing around Euro 70m.
CRH solidifies position in the US
The year 2005 saw CRH complete three deals totalling €344m to further extend its exposure to the market. The first of these
Arabian Cement Co begins expansion
Arabian Cement Company (ACC) has started an expansion project at its plant in Rabigh, southwestern Saudi Arabia, the
Jaiprakash to expand cement capacity
Jaiprakash Associates Ltd, the flagship company of the Jaypee Group of Industries, has decided to
Degussa acquires Chinese additive firm
Degussa’s Chinese subsidiary announced Monday it has acquired all assets of Beijing Xinzhuang Huiqiang Admixture Ltd
SEC may allow web-based shareholder activities
The US Securities and Exchange commission (SEC) is planning to allow and encourage shareholders to communicate on-line. The change is aimed at both the companies and investors, with companies expecte
Turkey’s Oyak secures loan to buy Erdemir Steel
Turkish banking-to-automotive group Oyak has secured a US$1.6bn loan from a group of banks to finance its purchase of domestic steel maker Erdemir, the group said in a statement.
Eurocement Group implements new product/financial control system
Eurocement Group has set up a comprehensive information system to ensure control over the entire chain of product movement and financial flows as a result of an IT project utilizing the Parus branded