Huaxin Cement Co, in which Holcim holds a 39.88 per cent stake, posted a 58 per cent jump in net profits in 2008, boosted by increased sales.
Saudi cement producer Southern Province Cement (SPC) managed to boost its net profit to SAR791.1m
Portuguese holding firm Semapa yesterday posted a consolidated net attributable profit of EUR106.3m for 2008
Shares in Korean cement manufacturers jumped after negotiations between cement manufacturers and
Cemex has started discussions with banks to renegotiate about US$14.5 billion of debt after a surge in borrowing costs forced it to shelve a bond sale
CRH (Ireland) should be well placed to spend up to €4bn on acquisitions after its €1.2bn rights issue is completed
Holcim Philippines Inc. said it had taken a P2.45-billion loan from Banco de Oro Unibank to refinance maturing short-term borrowings
Saint-Gobain investors will be offered EUR1.5 billion of stock at EUR14 apiece,
Italcementi unit Ciments Francais posted a near 44 per cent fall in 2008 net profit and said 2009
China National Building Material Co Ltd said on Friday it would set up a joint venture firm with registered
Titan on Thursday launched a buyout bid for the remaining 3.65% of Serbia’s Titan Cementara Kosjeric it does not own.
Cemex said on Thursday that it still aims to issue US$500m in bonds internationally to help pay maturing debt, but
Indonesian cement producer PT Semen Bosowa has decided to cancel its plan to launch an initial public offering (IPO) this year, given the uncertain condition of the market.
CRH Tuesday said it planned to raise about EUR1.238bn in a rights issue, as it posted a 12.5% fall in full-year net profit, ending 15 consecutive years of full-year growth, and said the outlook is
Colombia’s largest cement maker, Cementos Argos, said Friday its net profit for 2008 fell 67% to
Oman Cement Co posted a 30.1-percent drop in 2008 profit to OMR12.473m (US$32.40m), the company