Corporate

14 August 2009

Italcementi secures EU550m in new financing

Italcementi Group, the holding that controls Italcementi SpA, has agreed to a EUR550m (US$782m)

13 August 2009

Taiwan’s cement firms see earnings growth in Q2

Taiwain’s leading cement producers, including Taiwan Cement Corp., Asia Cement Corp., Universal Cement Corp. and Goldsun Development & Construction Co,

11 August 2009

Cemex says all creditors support debt deal

Mexico’s Cemex said on Monday all its creditors have indicated they will support a proposal to refinance

10 August 2009

Prism Cement board approves amalgamation

Prism Cement Ltd has informed that the Board of Directors of the Company at its meeting held on

07 August 2009

Emerging markets partly offset Europe and North America downturn for Lafarge

First half results continued to reflect the full force of the global recession this week, with Lafarge

07 August 2009

PPC chief operating officer resigns, South Africa

Dr Orrie Fenn has resigned as a director of PPC with effect from 5 August 2009

06 August 2009

Qassim Cement to double capital to US$240m

Saudi cement producer Qassim Cement Co (QCC) has received approval from Saudi stock market

06 August 2009

Morgan Stanley, wary on stimulus impact, cuts CRH

Morgan Stanley on Wednesday cut its rating on Irish building-materials company CRH Plc to underweight

04 August 2009

Italcementi’s strongest volume falls in Spain, Italy and USA

Italcementi’s first half turnover showed an 11.6% reduction to EUR2,585.7m and the running EBITDA was down by 16.2% to EUR497.4m

04 August 2009

Dyckerhoff’s sharp volume drops in Ukraine, Russia & USA

Buzzi Unicem’s quoted subsidiary Dyckerhoff has reported a 32.4% drop in first half turnover to

04 August 2009

Cemex may need to sell more assets

Cemex’s attempts at restructuring some US$15.5bn in debt may not be enough to stabilise its financial

04 August 2009

TCL profits down

Weak demand for cement products and the economic downturn around the Caribbean have chipped away

04 August 2009

Holcim Indonesia reports 22% fall in net profit

PT Holcim Indonesia said net profits fell 21.78 per cent to IDR280bn (US$28m) in the first half of 2009

04 August 2009

Holcim prices A$500m 3-yr bond issue

The Australian unit of Holcim has priced A$500m (US$423m) in three-year notes at 335 basis points

03 August 2009

Cemex Says Bankers Agree to Waiver in Debt Proposal

Cemex said banks agreed to extend a covenant waiver to allow the company to complete a refinancing of

31 July 2009

Global recession continues to undermine Cemex

Cemex’ results continue to slide as global recession undermines second quarter results.