Cement News tagged: Corporate
China National Building Materials plans US$146m joint venture
China National Building Material Co Ltd said on Friday it would set up a joint venture firm with registered
Ciments Francais unit 2008 net drops
Italcementi unit Ciments Francais posted a near 44 per cent fall in 2008 net profit and said 2009
Indonesian Semen Bosowa cancels IPO plan
Indonesian cement producer PT Semen Bosowa has decided to cancel its plan to launch an initial public offering (IPO) this year, given the uncertain condition of the market.
CRH plans EUR1.2bn rights issue
CRH Tuesday said it planned to raise about EUR1.238bn in a rights issue, as it posted a 12.5% fall in full-year net profit, ending 15 consecutive years of full-year growth, and said the outlook is
Oman Cement profit falls 30 per cent
Oman Cement Co posted a 30.1-percent drop in 2008 profit to OMR12.473m (US$32.40m), the company
Colombia’s Cementos Argos ’08 net down 67 per cent
Colombia’s largest cement maker, Cementos Argos, said Friday its net profit for 2008 fell 67% to
FLSmidth acquires Conveyor Engineering, USA
FLSmidth and the shareholders of Conveyor Engineering, Inc. have entered into a stock purchase agreement effective 1 March 2009
Tabuk Cement 2008 net profit down to US$41.9m
The net profit of Saudi cement producer Tabuk Cement Company (TCC) (SAU:3090) dropped to
Vulcan Materials reports net loss for ’08
Vulcan Materials Co. has revised its 2008 earnings reported earlier this month to show a US$253m
Indocement to repay US$50m in debt to shareholder
Indonesia’s PT Indocement Tunggal Prakarsa said it will repay a debt of IDR600bn (US$50m) to
CRH ’unlikely’ to seek Lafarge-style rights issue
CRH is unlikely to follow French construction material groups Lafarge and Saint Gobain in pursuing a "rights issue"
Cemex plans to sell US$500m bond to repay debt
Cemex rose the most in more than two months after Fitch Ratings said the company plans to sell
Mexico hit by Cemex downgrade, U.S. bank worries
Mexican equities were knocked back to four-month lows Monday, with losses suffered by Cemex
Siam City Cement (SCCC): In-line results
Siam City Cement (SCCC) reported a 4Q08 net profit of Bt675m, up 63.6% YoY but down 5.5% QoQ, in-line with the market’s expectation.
Egypt Cement officials probed for rule violations
Two executives from Alexandria Beni Suef Cement and Ameriyah Cement have been referred to the
Siam City Cement plans up to 10 bln baht bonds
Thailand’s Siam City Cement SCCC.BK said it planned to sell bonds worth up to THB10bn (US$282m)