Corporate

08 June 2009

TCC Intl buys Guangxi cement maker at HK$1.76bn

TCC International said its subsidiary, TCCI, agreed to acquire the entire issued share capital of TCCI

04 June 2009

Heidelberg Cement says financing goes in right direction

Talks between German highly-indebted Heidelberg Cement AG and some 40 creditors are going in the right direction

01 June 2009

Cemex not likely to issue bonds before 3Q

Cemex is unlikely to go through with a MXP5bn (US$379m) bond issue without first announcing the

29 May 2009

Semen Gresik: in IDR3.55trn funding deal with bank Mandiri

Semen Gresik Group said Thursday that it has secured a IDR3.55 trillion debt-financing facility with PT

29 May 2009

Cimpor names Jorge Moura permanent CEO

Cimpor will appoint Jorge Moura, its temporary CEO, officially to the post as of June 1, 2009, Cimpor

29 May 2009

Holcim (Slovensko) Reports EUR 26.673m. Profit Last Year

The largest cement producer in Slovakia, Holcim (Slovensko), a.s. Bratislava, netted SKK 803.539m

28 May 2009

South Africa: Stuiver to take over at PPC from CEO Gomersall

Pretoria Portland Cement (PPC), SA’s largest cement maker, yesterday announced the sudden departure of

27 May 2009

New MD of Holcim Bangladesh

Rajnish Kapur has been appointed the new Managing Director of Holcim Bangladesh Ltd, to succeed

26 May 2009

Bank Sohar, Oman Cement sign deal for term loan facility

Bank Sohar and Oman Cement Company have signed an agreement for a term loan facility for OMR20m

21 May 2009

Fitch Rates Lafarge’s Bonds At BBB

Fitch Ratings has today assigned Lafarge EUR1bn 7.625% bond, maturing in 2014, and its GBP350m

21 May 2009

Cimpor sells 48% in C+PA to Teixeira Duarte

Portuguese cement producer Cimpor agreed to sell 48% in C+PA to local builder Teixeira Duarte for

21 May 2009

Siam City Cement to focus on cost-cutting, Thailand

Siam City Cement PCL, Thailand’s second largest cement maker, is focusing on cost-cutting to

20 May 2009

Lafarge sets size eight-year bond at UK£350m

Lafarge set final terms on a planned eight-year sterling bond at a size of UK£350m (US$54m) and final

20 May 2009

Grasim 4Q net profit down; sees pressure on margins

India’s Grasim Industries Ltd posted Tuesday a 42% decline in fiscal fourth-quarter unconsolidated net

19 May 2009

Arabian Cement Co 1Q09 net profit down 10% YoY

Saudi cement producer Arabian Cement Company (ACC) said its net profit for the first quarter of 2009 has

19 May 2009

Ciment de Sibline 2008 profit at LBP9.8bn

Ciment de Sibline SAL, the third largest cement producer in Lebanon, said net profit for 2008 reached