Cement News: Corporate

19 June 2009

HeidelbergCement shares rise on refinancing agreement

HeidelbergCement, the German cement maker owned by billionaire Ludwig Merckle, rose the most in more than three months

18 June 2009

HeidelbergCement seen up on financing

Shares in German cement maker HeidelbergCement are indicated 4.4 per cent higher in pre-market trade

18 June 2009

LIC purchases INR174 crore shares of Ultratech Cement

Life Insurance Corporation (LIC) of India has purchased 24lakh share of Ultratech Cement

17 June 2009

Italcementi, Ciments Francais boards to meet Friday

The boards of Italcementi and Ciments Francais will meet on Friday to discuss the merger of the two

Cemex Falls to Three-Week Low on Bank of America Cut 17 June 2009

Cemex Falls to Three-Week Low on Bank of America Cut

Cemex plunged to the lowest in three weeks in New York trading after it was cut to “underperform” from

15 June 2009

Cemex in further divestments

Martin Marietta Materials has paid Cemex US$65m for three quarries in Nebraska, Wyoming and Utah as

Larsen & Toubro said to be selling 8.3% of UltraTech 11 June 2009

Larsen & Toubro said to be selling 8.3% of UltraTech

Larsen & Toubro Ltd, India’s biggest engineering company, is offering to sell 10.3 million shares in

11 June 2009

Vulcan expects weak orders to cut 2009 profit

Vulcan Materials Co on Wednesday forecast 2009 profit below Wall Street expectations as construction

11 June 2009

Lafarge Cement appoints new SA chief

Lafarge Cement has appointed Thierry Legrand as its new CEO for South Africa.

10 June 2009

GCC says talks with creditors continue

Mexican cement maker Grupo Cementos de Chihuahua (GCC), said Tuesday that it is still in talks with

08 June 2009

TCC Intl buys Guangxi cement maker at HK$1.76bn

TCC International said its subsidiary, TCCI, agreed to acquire the entire issued share capital of TCCI

04 June 2009

Heidelberg Cement says financing goes in right direction

Talks between German highly-indebted Heidelberg Cement AG and some 40 creditors are going in the right direction

01 June 2009

Cemex not likely to issue bonds before 3Q

Cemex is unlikely to go through with a MXP5bn (US$379m) bond issue without first announcing the

29 May 2009

Semen Gresik: in IDR3.55trn funding deal with bank Mandiri

Semen Gresik Group said Thursday that it has secured a IDR3.55 trillion debt-financing facility with PT

29 May 2009

Cimpor names Jorge Moura permanent CEO

Cimpor will appoint Jorge Moura, its temporary CEO, officially to the post as of June 1, 2009, Cimpor

29 May 2009

Holcim (Slovensko) Reports EUR 26.673m. Profit Last Year

The largest cement producer in Slovakia, Holcim (Slovensko), a.s. Bratislava, netted SKK 803.539m