Cement News tagged: Corporate
Indonesia’s Gresik ready to take stake in Baturaja
President-director of Indonesian cement maker PT Semen Gresik, Dwi Sutjipto, said the company is
Market dominance will prevent CRH from Quinn Cement bid
CRH has said its strong position in the Irish cement industry is likely to stop it making any bid for Quinn
Sri Lanka’s pre-poll spending propels Holcim sales
The Sri Lankan Government’s pre-election spending helped increase cement sales in Sri Lanka by
Dyckerhoff knocked back by harsh winter
Buzzi Unicem’s quoted subsidiary Dyckerhoff saw first half turnover decline by 21.7% to €202m and the
TPI Polene first quarter profit, Thailand
TPI Polene (TPIPL) announced an impressive 1Q10 normalised profit of THB500mn (EPS THB0.25),
Cemex extends tender period for offers
Cemex has extended to May 7 the expiration date for four offers to exchange outstanding perpetual
Deutsche Bank lowers Buzzi Unicem rating to "hold"
Deutsche Bank analysts announced a downgrade in the stock rating of Italian cement producer Buzzi
Weak private sector leads to continued pressure on Vulcan
Vulcan Materials’ first quarter turnover declined by 18.0% to US$493.3m and the EBITDA fell by 39.3%
Lafarge 1Q sales down on poor weather
Lafarge reported a 10 per cent drop in first-quarter sales on Wednesday as tepid economic growth and a
Mangalam Cement Q4 net slumps 40%
Rajasthan-based Mangalam Cement Ltd witnessed a steep fall
South Valley Cement boosts capital for takeover, Egypt
Shareholders in Egypt’s South Valley Cement approved a E£15bn (US$2.7bn) capital increase
CSN to spend US$20bn through 2016 – CEO
Brazil’s largest diversified steel group, plans to invest up to BRL34bn (US$20bn)
Gresik eyes Malaysian deal
Indonesia’s biggest cement producer, PT Semen Gresik, said on Tuesday that it is in talks to acquire a
Sharjah Cement sees sharp fall in 1Q turnover
Sharjah Cement & Industrial Development reported sales turnover of AED173m (US$47m) for the first
Fitch Rates CRH’s EUR4bn EMTN Programme ’BBB+’
Fitch Ratings has affirmed Ireland-based CRH Plc’s (CRH) euro medium-term note (EMTN) programme at
Deutshe Bank initiates coverage on cement with a Buy
Deutshe Bank initiates coverage on Cemex with a Buy rating. Deutsche analysts says: “In our view