Cement Industry News tagged under: Corporate

02 December 2010

Paraguay looks into importing cement from Portugal

The Paraguayan Chamber of Construction (CAPAC) is studying the possibility of importing Portland cement imported from Portugal to alleviate the shortage

02 December 2010

Huaxin to buy Sanyuan Cement

Huaxin Cement Co of China announced a plan to buy a cement maker in the central province of Hubei

02 December 2010

BofA Merrill Lynch cuts Italcementi price target

Analysts at Bank of AmericaMerrill Lynch have lowered the share price target of Italian cement producer

01 December 2010

Mixed results for Oman cement producers

Raysut Cement the largest cement company in Oman reported total net profit amounted to OMR19.03m (US$49.4m) during 9M-2010

CRH: global bond offering 01 December 2010

CRH: global bond offering

CRH America, Inc., a wholly owned subsidiary of CRH plc, successfully priced its fifth US$ Global bond offering yesterday afternoon in New York

27 November 2010

Fitch downgrades Binani outlook

Fitch Ratings has today revised the outlook on India’s Binani Cement (BCL) National Long-term rating to

Citi cuts Titan cement price target, EPS 27 November 2010

Citi cuts Titan cement price target, EPS

Citi cuts its price target on Titan Cement to EUR19.5 from EUR21.30 on lower EPS outlook following disappointing 3Q results

27 November 2010

Moody’s downgrades rating on Italcementi

Credit rating agency Moody’s cut to Baa3 from Baa2 the long-term ratings on cement producer Italcementi,

27 November 2010

Dangote Cement Pays NGN30.98bn interim dividend

Dangote Cement Plc, a member of the Dangote Group has announced an interim dividend of NGN30.98bn (US$206m) for the period ended September 30, 2010.

26 November 2010

Dangote Cement pays interim dividend

Dangote Cement Plc, a member of the Dangote Group, has announced an interim dividend of N30.98bn for the period ended September 30.

25 November 2010

Tokyo Cement records commendable growth

Sri Lanka’s Tokyo Cement Group for six months ended September 30 2010 recorded a pre tax profit of INR537.3m as against INR69.5m

25 November 2010

Asia Cement Invests in China’s Sunnsy Group

Asia Cement Corporation, one of Taiwan’s leading cement producers, recently announced it has signed, through its subsidiary

24 November 2010

Titan boosted by Albania

Titan’s turnover for the first nine months of 2010 declined by

24 November 2010

Dangote Cement plans London GDR issue

Nigeria’s biggest cement maker Dangote Cement will issue global depository receipts (GDR) to be listed on the London Stock Exchange

24 November 2010

Italy: Credit Suisse cuts Buzzi Unicem, Italcementi estimates

Swiss bank Credit Suisse revised down on Tuesday

24 November 2010

Fitch downgrades Binani Cement’s outlook to negative

Fitch Ratings has today revised the outlook on India’s Binani Cement