Edition:
United States

Construction Materials

Page 1

Canwel Building Materials says agreed to acquire business of Total Forest Industries

8:00am EDT

Canwel Building Materials Group Ltd : Deal Expected To Be Accretive To Earnings As Early As Current Fiscal Year . Agreed In Principle To Acquire Business Of Total Forest Industries .Purchase Price For Plant Will Be Paid In Cash From Company's Existing Credit Facilities.

L&W Supply will operate as a separate division of ABC Supply

7:30am EDT

USG Corp :L&W Supply will operate as a separate division of ABC Supply.

Tuchkovo Building Materials Plant H1 net profit down at RUB 150,000

7:24am EDT

Tuchkovo Building Materials Plant : H1 revenue 89.7 million roubles ($1.38 million) versus 222.4 million roubles year ago .H1 net profit 150,000 roubles versus 20.3 million roubles year ago.

Cemex agrees to sell some of its U.S. assets to GCC

6:34am EDT

Cemex Sab De Cv: Cemex and GCC agree on terms and conditions for sale of certain U.S. assets . Says GCC will pay Cemex U.S.$306 million . Currently expect to finalize transaction before end of 2016 . Cemex's cement plant in Lyons, Colorado and cement terminal in Florence, Colorado are no longer part of assets being sold to GCC . Citigroup is acting as financial advisor to Cemex in transaction .Assets mainly consist of cement plant in Odessa, 2 cement terminals, building materials business in El Paso, Texas and Las Cruces, new Mexico.

BBMG's H1 net profit up 73.8 pct

6:03am EDT

BBMG Corp <601992.SS><2009.HK> :Says H1 net profit up 73.8 percent y/y.

Prism Cement appoints Atul Desai as additional director, executive director & CEO (RMC)

4:26am EDT

Prism Cement Ltd : Appointed Atul R. Desai as an additional director and executive director & CEO (RMC) .

Shandong Hongda Mining signs intention of the agreement to sell stake in unit

2:17am EDT

Shandong Hongda Mining Co Ltd <600532.SS> :Says it signs intention of the agreement, to sell entire 25 percent stake in a Shanghai-based network technology unit to Shanghai Zhongji Investment Holding <600634.SS> Co., Ltd..

China National Building Material says HY net profit RMB110 million<3323.HK>

Friday, 26 Aug 2016 10:39am EDT

China National Building Material Co Ltd <3323.HK>: Interim results announcement for the six months ended 30 June 2016 <3323.HK> . HY revenue RMB44.103 billion versus RMB 48.34 billion . Directors do not recommend the payment of an interim dividend for the six months ended 30 June 2016 . HY profit attributable to owners of the group was RMB110 million, representing a decrease of 86.1% . For the second half of the year, from the international perspective, the economy will not recover as expected .

Lafarge Malaysia announces appointment of Martin Kriegner as vice chairman

Friday, 26 Aug 2016 05:35am EDT

Lafarge Malaysia Bhd : Appointment of Martin Kriegner as vice chairman , non independent and non executive . Resignation of Ian Stuart Thackwray as vice chairman , non independent and non executive .

Lion Asiapac says unit agreed to dispose entire equity interest in Yangzhou Lion Property Development

Friday, 26 Aug 2016 05:29am EDT

Lion Asiapac Ltd : Proposed disposal of the entire equity interest in yangzhou lion property development co., ltd . Says consideration for the proposed disposal is RMB100.0 million . Company intends to use the sale proceeds from the proposed disposal for future projects of the group . Unit lap development pte. agreed to dispose of its entire equity interest in yangzhou lion property development co . Says to dispose of its entire equity interest in yangzhou lion property development co., ltd to duilong taida dingsheng partnership enterprise .Group would expect to realise an attributable net disposal loss of about s$18.2 million , surplus of proceeds over book value of about s$20.5 million.

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