Cement News tagged: Corporate
Cimpor extends maturity of debt, adds credit lines
Cimpor said Thursday it had extended the maturity of its debt by almost two years through several
BofA Merrill Lynch cuts Italcementi price target
Analysts at Bank of AmericaMerrill Lynch have lowered the share price target of Italian cement producer
Huaxin to buy Sanyuan Cement
Huaxin Cement Co of China announced a plan to buy a cement maker in the central province of Hubei
Paraguay looks into importing cement from Portugal
The Paraguayan Chamber of Construction (CAPAC) is studying the possibility of importing Portland cement imported from Portugal to alleviate the shortage
CRH: global bond offering
CRH America, Inc., a wholly owned subsidiary of CRH plc, successfully priced its fifth US$ Global bond offering yesterday afternoon in New York
Mixed results for Oman cement producers
Raysut Cement the largest cement company in Oman reported total net profit amounted to OMR19.03m (US$49.4m) during 9M-2010
Dangote Cement Pays NGN30.98bn interim dividend
Dangote Cement Plc, a member of the Dangote Group has announced an interim dividend of NGN30.98bn (US$206m) for the period ended September 30, 2010.
Moody’s downgrades rating on Italcementi
Credit rating agency Moody’s cut to Baa3 from Baa2 the long-term ratings on cement producer Italcementi,
Citi cuts Titan cement price target, EPS
Citi cuts its price target on Titan Cement to EUR19.5 from EUR21.30 on lower EPS outlook following disappointing 3Q results
Fitch downgrades Binani outlook
Fitch Ratings has today revised the outlook on India’s Binani Cement (BCL) National Long-term rating to
Dangote Cement pays interim dividend
Dangote Cement Plc, a member of the Dangote Group, has announced an interim dividend of N30.98bn for the period ended September 30.
Asia Cement Invests in China’s Sunnsy Group
Asia Cement Corporation, one of Taiwan’s leading cement producers, recently announced it has signed, through its subsidiary
Tokyo Cement records commendable growth
Sri Lanka’s Tokyo Cement Group for six months ended September 30 2010 recorded a pre tax profit of INR537.3m as against INR69.5m
Fitch downgrades Binani Cement’s outlook to negative
Fitch Ratings has today revised the outlook on India’s Binani Cement
Italy: Credit Suisse cuts Buzzi Unicem, Italcementi estimates
Swiss bank Credit Suisse revised down on Tuesday
Dangote Cement plans London GDR issue
Nigeria’s biggest cement maker Dangote Cement will issue global depository receipts (GDR) to be listed on the London Stock Exchange