Cement News: Corporate

23 April 2010

Lafarge seeks approval to transfer US$12m, Zimbabwe

Next month, Lafarge will seek shareholder consent to transfer US$12m from its non-distributable

22 April 2010

West China Cement Issue of Equity

West China cement announces that it has issued 90,000 ordinary shares of 10 per cent each in the pursuant

22 April 2010

DG Khan posts quarterly loss, Pakistan

DG Khan Cement, Pakistan’s second largest producer of cement, posted a net loss in the third quarter

22 April 2010

Oman: Raysut posts lower earnings in first quarter

Ruysut Cement, Oman’s largest cement producer, reported a 32 per cent decline is sales revenue for the

Shiva Cement board to issue 10m warrants 22 April 2010

Shiva Cement board to issue 10m warrants

Shiva Cement said on Wednesday that the board of directors of the company will meet on April 29 to issue

21 April 2010

BBMG targets 2010 capital expenditure

BBMG said that its estimated capital expenditure for this year will be CNY4.5bn, according to CFO

ING promotes Italy’s Buzzi Unicem stock to “buy” 21 April 2010

ING promotes Italy’s Buzzi Unicem stock to “buy”

Analysts at ING upgraded on Wednesday the stock rating on Italy’s Buzzi Unicem to “buy” from “hold.”

21 April 2010

Deutsche Bank upgrades Adelaide Brighton rating

Deutsche Bank’s rating on Adelaide Brighton has been upgraded from "hold" to "buy" due exposure by the

20 April 2010

CNBM sees profit rise 55.6% in 2009

China National Building Material Co Ltd realised a net profit of CNY2.35bn in 2009, a net profit 55.6%

20 April 2010

Lafarge Jordan Cement to pay US0.91 cash dividend

Shareholders in Lafarge Cement Jordan, the country’s leading cement producer, approved on Monday a cash dividend for 2009 of

19 April 2010

Cemex extends earlier period offers

Cemex has extended to April 23 the early tender date for four offers to exchange outstanding perpetual

19 April 2010

Stake in Mangalam to be sold

Insurance major Birla Sun Life Insurance Company has sold a 0.57 per cent stake in Mangalam cement for

19 April 2010

Atlansider completes sale of stake in Cimpor

Portuguese steel and metals company Atlansider SGPS SA completed the sale of its 6.46 per cent

19 April 2010

Cemengal establishes Brazil presence?

Spanish EPC contractor, Cemengal has opened a new office in Sao Paolo, Brazil.

19 April 2010

China Shuangji announces 2009 results

China Shuangji Cement, a leading producer in the Shandong and Hainan provinces of China, announced

19 April 2010

Lafarge shares up on pre-announcement talk –traders

Shares in Lafarge gained three per cent in a flat market on Friday as traders cited market talk the company