Cement News: Corporate

09 December 2009

Citadel cuts back on ASEC

Citadel Capital a leading private equity firm in the Middle East has announced it has partially exited

09 December 2009

Rajawali offers to sell 25.2% Gresik Stake

PT Rajawali Corp. is offering to sell its 25.2% stake in cement producer PT Semen Gresik for

08 December 2009

Cemex’s debt costs to rise in bond sale

Cemex Chief Executive Officer Lorenzo Zambrano is ready to pay higher rates to avoid spending limits

08 December 2009

Lafarge sells EUR750m of debt as rates fall

Lafarge SA sold EUR750m (US$1.1bn) of 10-year notes, bringing its borrowing in the bond market this

Taiheiyo Cement downgrades FY net profit forecast 08 December 2009

Taiheiyo Cement downgrades FY net profit forecast

Taiheiyo Cement Corp decreased full-year net profit forecast from JPY8.5 billion to a loss of JPY4.5

07 December 2009

Cementos Portland sells stakes in three South American firms

Spanish cement producer Cementos Portland Valderrivas disposed of its stakes in three South American

Cemex seen issuing US$1bn in 7-Year bonds 04 December 2009

Cemex seen issuing US$1bn in 7-Year bonds

Cemex SAB de CV will likely issue at least $1 billion in seven-year bonds offering a yield around 10%

03 December 2009

FCC plans bond placement in early 2010

Spanish construction company Fomento de Construcciones y Contratas SA expects to carry out a bond

03 December 2009

Buzzi Unicem successful bond issue

Buzzi Unicem has successfully completed its bond issue for the total of EUR350m with a seven year

02 December 2009

Taiwan Cement signs MoU to buy Prosperity Minerals unit

Taiwan Cement Corp said Monday it signed a memorandum of understanding with Prosperity Minerals

02 December 2009

Titan Cement recognised as top company for leaders

Titan Group was ranked number one in Europe and eighth in the

01 December 2009

Cemex may benefit from money transfers

A revival in money transfers to Mexico may increase demand for everything from cement to mobile-

30 November 2009

PVFC to finance project in Central Vietnam

PetroVietnam Finance Joint Stock Company (PVFC), the largest finance company in Vietnam, inked a deal

29 November 2009

Holcim Apasco expecting US$73mn from accounts receivable securitisation

Holcim Apasco, a subsidiary of Holcim, expects to raise up to 950mn pesos (US$73.1m) from a

27 November 2009

Significant fall in Cimpor 9-month profits

Cimpor’s turnover for the first nine months emerged 0.3% lower at €1565m, but, thanks to a 1.6%

27 November 2009

Banca IMI, Deutsche Bank to lead Buzzi Unicem’s bond issue

Banca IMI and Deutsche Bank will act as joint lead managers and joint bookrunners of Italian cement