Cement News: Corporate

15 October 2009

Siberian Cement Holding shareholding to change, Russia

Two minorities of Siberian Cement Holding – one of the cement holding founders,

15 October 2009

HeidelbergCement doubles up

HeidelbergCement AG, the German cement maker, raised more than double the amount it initially sought

14 October 2009

Lafarge launches a share capital increase for employees

Lafarge announces a share capital increase reserved for the eligible employees of companies participating

14 October 2009

Ciments Francais up on Natixis upgrade

Shares in Ciments Francais gain 3.8 percent, one of the the biggest gainers on France’s broad SBF120 index

Texas Industries Calls Shamrock Talks Unsuccessful 13 October 2009

Texas Industries Calls Shamrock Talks Unsuccessful

Texas Industries Inc.’s management and the company’s third-largest shareholder have been unable to

13 October 2009

HeidelbergCement to sell EUR1bn of bonds

HeidelbergCement AG said it plans to sell at least EUR1bn (US$1.47bn) of five- and seven-year bonds to refinance borrowing in its first note issue in almost two years.

Cemex debt restructuring may trigger CDS payments 13 October 2009

Cemex debt restructuring may trigger CDS payments

A recent debt restructuring by Cemex may trigger around US$600m in payments on credit default swaps

12 October 2009

JP Morgan maintains ’Overweight’ rating on Ultratech Cement

JP Morgan maintains the ’Overweight’ rating on Ultratech Cement with a revised target price of Rs 950.

12 October 2009

JPMorgan Chase raises stake in China Shanshui Cement

US-based financial holding company JPMorgan Chase & Co recently raised its shareholding in China

10 October 2009

S&P lifts corporate credit, debt ratings for Cemex

Standard & Poor’s Ratings Services said Thursday it raised its long-term corporate credit and senior

09 October 2009

East Africa Portland Cement plans to sell bonds

East Africa Portland Cement Co., Kenya’s second-largest cement maker, plans to issue a convertible bond

08 October 2009

Hanson & Hawaiian Rock partnership, Guam

Hanson Permanente Cement of Guam and Hawaiian Rock Products have formed a strategic alliance

08 October 2009

Saudi’’s Yanbu Cement Q3 profit drops 20%

Saudi Arabia’s Yanbu Cement Co. posted an almost 20 per cent drop in third-quarter net profit due to

08 October 2009

Mexico’s Peso Gains as PRI Seeks More Spending Cuts in 2010

Mexico’s peso gained for a fourth day as lawmakers from the Institutional Revolutionary Party said they

08 October 2009

Saudi Qassim Cement plans bonus share issue

Saudi Qassim Cement has announced plans to offer its shareholders one bonus share for each existing stock

08 October 2009

Fitch raises Martin Marietta Materials’ rating

Fitch Ratings has affirmed the ratings of Martin Marietta Materials, Inc. as follows: