Cement News: Corporate

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.

CSN could sweeten Cimpor bid 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

Converting Carib Cement’s debt into equity 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

11 January 2010

Saudi Yamama Cement 4Q net rises 70 per cent

Saudi Yamama Cement Company, the country’s third largest cement producer, posted a 70 per cent

11 January 2010

Citigroup upgrades Anhui Conch to buy from hold

Citigroup upgrades Anhui Conch to Buy from Hold and raises target price to HK$61.88 from HK$55.94.

08 January 2010

Oyak completes acquisition of Lafarge Marmara Group

Oyak Cement Group, has completed the acquisition of Lafarge Marmara Group for €130.3m. The

08 January 2010

Italcementi to sell EUR700m in bonds

Italcementi SpA plans to sell about EUR700m (US$1bn) in bonds to institutional investors in February,

08 January 2010

Cimpor board rejects CSN bid

Cimpor shareholders have rejected a US$5.5bn takeover bid from Brazilian steel company

08 January 2010

Sephaku sells interests to focus on core businesses

Recently listed minerals and cement company Sephaku Holdings had sold some of its