Cement News tagged: Corporate
Cementos Lemona H1 2005 profit soars
Profits of Spanish cement maker Cementos Lemona surged 98 per cent year-on-year to Euro 10m in the first half of 2005, the company said on July 12, 2005. The turnover of the
Jobs boost with plans for new Boral facility
More than 50 people will be employed at a new concrete plant and laboratory in Beresfield if plans for the A$3 million development are given the green light. Boral Resources (Country) has lodged a dev
Calcia buys three mortar production sites
French cement producer Ciments Calcia, via its natural hydraulic lime subsidiary Socli, has acquired the three Mauer mixing plants for production of dry mortars in bulk, from
Cimpor – the plot thickens
Spokesmen for Cimpor Portugal said Fundacao Joe Berardo sold 22m shares in the company on July 5, retaining 29,680,539 shares corresponding to 4.42 per cent of share capital and 4.45 per cent of the v
James Hardie Sells Chilean Business
Australian construction materials company James Hardie Industries Ltd, has sold its Chilean unit Fibre Cement to local construction materials company Compania Industrial El Volcan SA, for US$15.8m it
US-Based Capital Group raises Holcim stake
Holcim said Monday that Los Angeles, CA-based Capital Group raised its stake in the cement producer to 10 per cent from 9.9 per cent. Capital Group is a mutual fund manager.
Chia Hsin Cement major unit’s June revenues
Chia Hsin Cement Greater China Holding Corp said its wholly-owned unit China Hsin Jingyang Cement Co recorded net operating revenue of 61.82 mln yuan for June. The
Texas Industries and Chaparral spin-off
Building materials producer Texas Industries Inc. said on Thursday that its board has approved the spinoff of its Chaparral Steel Co. unit in a tax-free stock dividend. Texas
Saudi investment fund supports cement projects
Saudi Industrial Development Fund (SIDF) continued its outstanding performance in fiscal 2004 with loan commitments totaling SR3.29 billion, an increase of 20 per cent over last year. Since its incept
China’s Anhui Conch Cement to refund dividend tax
Anhui Conch Cement Co Ltd said they will refund part of the company’s dividend tax to their shareholders. In a statement to the Shanghai Stock Exchange, Anhui Conch Cement said it will refund 0
Eurocement Group reports five month results
Some 7Mt of cement was produced in five months of 2005 by Eurocement Group, of which 874,000t were made in Ukraine by Baltsem and Kramatorsky Cement Plant Pushka. In fact,
CRH is pushing up Irish cement prices
CRH has spent EUR 168m on acquisitions during the first six months of 2005, seven deals in Europe and 17 in North America.
Taiheiyo 2004/05 shipments up 1.6% to 38.5Mt
Taiheiyo Cement Corporation saw turnover ease by 0.8% to Y72,686m (EUR 6417m) in the year to the 31st of March, with the EBITDA being off by 1.7% at Y88,524m (EUR 651m).
Heidelberg investors sell only 0.01% of shares to Spohn last week, Germany
HeidelbergCement AG shareholders holding only 11,611 shares, or 0.01% of voting rights, have accepted Spohn Cement GmbH’s takeover offer in the past week, according to an announcement Spohn plac
Holcim completes compulsory buyout
Holcim Participations (UK) Limited, a wholly owned subsidiary of Holcim Ltd, has now acquired 100 percent of the ordinary shares of Aggregate Industries plc pursuant to the
Atlas appoints CEO and managing director
Atlas Group Holdings Ltd, Australia, has appointed Dr Martin Foreman as chief executive officer and managing director, effective from July 18, 2005. Dr Foreman has previously held senior positions wi