Cement News tagged: Corporate

HeidelbergCement eyes GSCL

01 January 2007, Published under Cement News

In a manner identical to a previous deal in which HeidelbergCement AG acquired Mysore Cement, the German major is close to acquiring the controlling stake in Gujarat Sidhee Cement Ltd (GSCL). As a pre

Buzzi reports progress with Dyckerhoff takeover

01 January 2007, Published under Cement News

Buzzi Unicem reports that, by Wednesday, its improved takeover bid for the German building materials group Dyckerhoff had g

Birla offloads entire stake in Mysore Cement

01 January 2007, Published under Cement News

Bangalore-based SK Birla group company Birla VXL offloaded its entire stake, representing 2.62 per cent in Mysore Cement in an open market transaction. Mysore Cement in a filing on the Bombay Stock Ex

Kuznetsk Cement Plant to provide investment funding

01 January 2007, Published under Cement News

Caspian Resources (Kazakhstan), which recently bought 100% of the shares of Kuznetsk Cement Plant (Kemerovo region) will invest

Heidelberg Mediterranean requests tender call exemption

Heidelberg Mediterranean requests tender call exemption

01 January 2007, Published under Cement News

Heidelberg Cement Mediterranean Basin Holding has applied to the capital markets board for an exemption from launching a tender

SCC cuts power costs

01 January 2007, Published under Cement News

Siam Cement Plc (SCC), Thailand’s largest industrial conglomerate, plans to spend 1.96 billion baht on power generators to help reduce energy costs

Oyak’s Bolu puts more into cement

Oyak’s Bolu puts more into cement

01 January 2007, Published under Cement News

Bolu Cimento, part of the Turkish Oyak Group, plans to invest 6.1 mln lira (US$4.3m) in 2007, as production is forecast at 1.8Mt of

Development Board supports Holcim expansion

01 January 2007, Published under Cement News

The Waitaki Development Board in New Zealand has come out in support of a proposed cement plant at Weston, citing the economic benefits. Chief executive Mark Jurisich said the "silent majority" mi

Buzzi rules out higher share offer

22 December 2006, Published under Cement News

Italian cement company Buzzi Unicem SpA says holders of the 5.1% of Dyckerhoff AG shares that it doesn’t already control must accept its cash offer, "or the train will depart",

Colombia Argos secures $480m in loans

21 December 2006, Published under Cement News

Colombia’s largest cement maker Cementos Argos SA said it secured a $480m loan with BNP Paribas SA and Citigroup Inc, the company said in a filing to the securities regulator Wednesday.

YTL Land & Development, YTL Cement 1Q net profits fall

20 December 2006, Published under Cement News

YTL Land & Development Bhd’s net profit for the first quarter (1Q) ended Sept 30, 2006, was almost halved to RM2.94 million from RM5.58 million a year ago,

Lafarge seals new EUR300m partnership deal with EBRD

20 December 2006, Published under Cement News

Lafarge said Wednesday it is renewing its partnership with the European Bank for Reconstruction and Development.

Heidelberg blinks

19 December 2006, Published under Cement News

HeidelbergCement has agreed to pay the non-compete fees to all shareholders who participate in its open offer if its petition to the Securities Appellate Tribunal (SAT) challenging a Sebi directive is

Portuguese CGD Holds 2.08 per cent in Cimpor

19 December 2006, Published under Cement News

Portuguese largest, state-owned bank Caixa Geral de Depositos (CGD) controls directly and indirectly 2.08 per cent of the share capital of Cimpor.

Cemex sees 4th quarter sales near US$4.3bn

19 December 2006, Published under Cement News

Mexico’s Cemex said on Monday it expects fourth-quarter sales to rise 9 percent from a year ago to $4.3bn, with solid operations at home offsetting weak U.S. sales.

GCC improves debt profile

18 December 2006, Published under Cement News

Grupo Cementos de Chihuahua S.A. de C.V. (GCC) announced that it has fully repaid its $1,200m peso bond that was issued and placed in the domestic Mexican market in December 2001.