Cement News tagged: Corporate
West China additional listing
The directors of West China Cement advise that the Company has allotted 60,000 ordinary shares of 10p,
UBS cuts Lafarge to "neutral"
UBS downgraded French cement group Lafarge to "neutral" from "buy", but raised its share price target
Cemex announces global public offering
Cemex announced today that it commenced a global public offering of 1,200 million of its
Competition Board approves Van Cimento deal, Turkey
The competition board announced that it approved the deal between local cement maker Askale Cimento
UltraTech rating reaffirmed, India
Credit rating agency, CRISIL has withdrawn its ratings on UltraTech`s INR1.50-billion non-convertible
Cemex shareholders approve issue of new shares worth US$2bn
Shareholders of Cemex have approved a resolution to issue US$2bn worth of shares, equivalent to 1.6bn
West China Cement pretax profit up, debates listing location
West China Cement Ltd said its first-half pretax profit more than doubled, mainly reflecting higher cement prices and margins, and that it was on track to produce around 7.5Mt of cement from next year
China Resources to expand after HK$4b offering
China Resources Cement Holdings, a spin-off from China Resources Holdings, aims to boost annual
Cimpor’s Teixeira Duarte resigns
Portugal-based Cimpor has announced that Pedro Teixeira Duarte has resigned from its management board.
BRI provides L/C for Semen Gresik
PT Bank Rakyat Indonesia Tbk (BRI) provides the letter of credit (L/C) facility worth EUR33.3m and
Peru’s Brescia buys part of Lafarge Chile unit
Peru’s Brescia group has completed the purchase of a large stake in the Chilean unit of Lafarge SA, the
Portuguese Cimpor still wants to sell C+PA
Cimpor still wants to sell its 48% stake in C+PA after the failure of the sale agreement with builder
BBMG to buy 61% stake in Tianjin producer
BBMG Corporation said it has signed a non legally-binding memorandum of understanding on 30 August
Cemex ratings will continue to improve, analyst says
Standard & Poor’s (S&P) has reviewed its creditwatch on Cemex’s national and international ratings
China Resources Cement to sell 1.64bn shares
China Resources Cement Holdings Ltd. plans to sell 1.64 billion shares in an initial public offering next
ACC to raise US$62m bonds, loans-sources
ACC Ltd is looking to raise about INR3bn (US$61.5m) via bonds or loans or a combination of both,