Cement News: Corporate

20 January 2010

Southern Cement’s Q4 net profit up by 2.4%

Southern Province Cement Co, Saudi Arabia’s largest cement maker by market value, said its fourth quarter

19 January 2010

India’s Jaiprakash 3Q net falls but sees strong growth

Jaiprakash Associates reported a 39 per cent fall in quarterly profit on one-time employee cost,

19 January 2010

Jurong Cement turns down YTL offer

The board of Jurong Cement has turned down a proposal by YTL Cement Singapore to acquire a portion of its business.

19 January 2010

Egypt’s al-Arabiya Cement finds another investor

Egypt’s al-Arabiya al-Wataniya for Cement has found another investor to take a stake as it seeks capital to

Dangote pays loan ahead of schedule 19 January 2010

Dangote pays loan ahead of schedule

The Dangote Group of Nigeria has liquidated a US$1.2bn loan facility it took from a consortium of 10

18 January 2010

Bradesco, Itau to finance CSN’s bid for Cimpor

Banco Bradesco SA, Banco do Brasil SA and Itau Unibanco Holding SA will finance Companhia

UltraTech Cement Q3 net dips 17 per cent 18 January 2010

UltraTech Cement Q3 net dips 17 per cent

UltraTech Cement on Saturday said its net profit declined by 17.64 per cent to

15 January 2010

Camargo Corrêa enters Cimpor bidding war

Brazilian conglomerate Camargo Corrêa Cimentos has offered to merge its cement business with Cimpor,

15 January 2010

Cemex sells US$500m senior unsecured notes

Cemex has sold US$500m senior unsecured notes on January 13, 2010, in a reopening of its 9.50 per cent

15 January 2010

India Cements earnings outlook

South India’s largest cement maker India Cements Ltd is likely to post a mere 4% year-on-year rise in

15 January 2010

Camargo Correa: no deal with Lafarge

Camargo Correa, which has offered to buy a minority stake in Portugal’s cement maker Cimpor on

15 January 2010

Lehigh cement permit renewal on hold

A permit renewal that outlines all federal regulations for the Lehigh Cement Plant’s operation is on hold

15 January 2010

TCC Int’l to raise up to US$113m in share sale

Cement maker and distributor TCC International Holdings is selling about 256.6 million new shares to raise

14 January 2010

Saudi Eastern Province Cement net profit down

Saudi cement producer Eastern Province Cement Company (EPC) said yesterday it booked a net profit of

14 January 2010

Indocement pays tax arrears, Indonesia

Indonesian cement company PT Indocement Tunggal Prakarsa in Tarjun, South Kalimantan, finally settled

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