Cement News tagged: Corporate
Holcim sees difficult outlook for 2009
Holcim said 2009 would remain difficult with demand still weak in the United States, Spain and Eastern Europe but emerging markets helping to slow a decline in earnings.SwFr42 ($38.5) per share. The c
Siberian Cement Holding new President
Siberian Cement Holding has announced the appointment of Georg Kleger as a
Yanbu Cement Q2 net hits US$40.2m
Saudi-based Yanbu Cement Company has posted a net profit of SR151m (US$40.27m) in the three months
Prism Cement April-June net at INR742.5m
Prism Cement Ltd on Tuesday posted a net profit of INR742.5 rupees on net sales of INR2.7bn
Qassim Cement to double capital to US$240m
Saudi’s Qassim Cement Co said Saturday it will double its capital to SAR900m (US$239.9m) to meet the
Yamama to take 20% stake in Yemeni Saudi
Saudi Arabia’s third biggest cement firm by sales, Yamama Cement, has said that it has agreed to take a
HVB controls 6.4 per cent of HeidelbergCement
Unicredit’s German unit HVB holds a 6.4 percent stake in HeidelbergCement AG as part of a
Not much value in merging with UltraTech: Grasim
Grasim Industries, the leading cement maker of the A V Birla group, is not enthusiastic at a proposal to
Vietnam cement firm plans share offer to raise capital
Bim Son Cement Joint Stock Company (BCC) has passed a plan to offer unsold shares from 2008 to raise
HeidelbergCement puts Irvine Whitlock up for sale
Brickwork contractor Irvine Whitlock is being put up for sale as part of the break-up of the Hanson’s
Cemex presents bank debt refinancing plan
With continued sales of some its mainstream businesses still very much in the headlines – the latest being
Cemex presents bank debt refinancing plan
Cemex said it’s in the process of presenting a refinancing plan to its core bank creditors that seeks to reschedule US$14.5bn in debt through 2014.
CNBM buys parent’s cement biz at US$851m
China National Building Material (CNBM) has agreed to acquire from its controlling shareholder equity
BK Birla targets 50% stake in group companies
Basant Kumar Birla intends to scale up promoter’s holding in group companies to at least 50 % over the next three years.
CNBM acquires stakes in 10 cos from parent
China National Building Material Co made successful bids to acquire stakes in 10 cement companies from
Czech Republic: Lafarge Cement to use CZK379m profit for dividend
Czech cement maker Lafarge Cement will use last year’s CZK379.4m (€14.6m or US$20.4m) profit for dividend payment