Cement News: Corporate

15 January 2010

India Cements earnings outlook

South India’s largest cement maker India Cements Ltd is likely to post a mere 4% year-on-year rise in

15 January 2010

Camargo Correa: no deal with Lafarge

Camargo Correa, which has offered to buy a minority stake in Portugal’s cement maker Cimpor on

15 January 2010

Lehigh cement permit renewal on hold

A permit renewal that outlines all federal regulations for the Lehigh Cement Plant’s operation is on hold

15 January 2010

TCC Int’l to raise up to US$113m in share sale

Cement maker and distributor TCC International Holdings is selling about 256.6 million new shares to raise

Saudi Eastern Province Cement net profit down 14 January 2010

Saudi Eastern Province Cement net profit down

Saudi cement producer Eastern Province Cement Company (EPC) said yesterday it booked a net profit of

14 January 2010

Indocement pays tax arrears, Indonesia

Indonesian cement company PT Indocement Tunggal Prakarsa in Tarjun, South Kalimantan, finally settled

TXI announces corporate governance changes 14 January 2010

TXI announces corporate governance changes

The Board of Directors of Texas Industries, Inc has voted unanimously to take action to effect the

13 January 2010

Camargo seeks cement business merger with Cimpor

Brazilian conglomerate Camargo Correa on Wednesday offered to merge its cement business with Cimpor, which is the target of a takeover bid by another Brazilian company, steelmaker CSN

13 January 2010

Egypt ASEC asks Misr Cement Qena for new company stake

Egypt’s ASEC Cement has invited Misr Cement Qena to take a US$20m stake in a new company

13 January 2010

YTL Cement offers to buy Jurong Cement assets

Mainboard-listed Jurong Cement Limited (JCL) said it has received a rival offer for its assets.

13 January 2010

CSN could sweeten Cimpor bid

CSN’s takeover bid for Portugal’s Cimpor could rest on Chief Executive Officer Benjamin Steinbruch’s

13 January 2010

Jindal may merge aluminium, cement firms

Sajjan Jindal, vice-chairman of the JSW Group, may merge two of his unlisted companies

12 January 2010

Converting Carib Cement’s debt into equity

Shareholders of Caribbean Cement Company Limited have voted on the company’s plan to convert

12 January 2010

HeidelbergCement plans bond issue

HeidelbergCement plans to issue a benchmark non-subordinated bond comprised of two tranches of at least

12 January 2010

Alternative fuels joint venture

Nehlsen International, Bremen, Germany and MVW Lechtenberg & Partner,

11 January 2010

CSN open to talks with Cimpor - CEO

Brazilian steelmaker CSN made an aggressive offer for cement producer Cimpor, but it is open to discuss