Cement News tagged: Corporate
Cemex sees 4th quarter sales near US$4.3bn
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
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.
Portland to Sell More Shares
Investment Secretary Esther Koimett is expected to kick-start the process that will culminate in sale of more East African Portland Cement Company shares at the bourse.
Lafarge speculation wanes as Frere stake mounts Lafarge Speculation Wanes As Frere Stake Mounts
Belgian investor Albert Frere continues to ease his holding in French cement giant Lafarge SA upwards but a full-blown takeover attempt would be out of character with analysts saying there’s sti
TAIM-TFG takes over Weser Engineering
TAIM-TFG is making progress on its strategy of positioning itself internationally through the takeover of the company Weser Engineering GmbH.
China’s Anhui Conch shareholders approve proposal to buy parent’s assets
Anhui Conch Cement Co Ltd said its shareholders have approved a proposal to issue 22.76m new A-shares at 13.30 yuan each to buy three units from parent Anhui Conch Cement Group.
Improving Prosperity for some
Prosperity Minerals Holdings the cement manufacturing and iron ore trading group which operates in China (PRC), has announced its results for the six months ended 30 September 2006
Groupe Bruxelles Lambert ups Lafarge stake to 15 per cent
Belgian holding Groupe Bruxelles Lambert has raised its stake in French cement giant Lafarge to 15 per cent, French market regulator AMF said in a statement.
Merrill ups emerging market infrastructure spending forecast
Infrastructure spending in emerging markets could exceed $1 trillion in the next three years, up from its previous estimate of $705 billion
Saurashtra Cement allots 1.52m shares against debt
Saurashtra Cement Ltd, Inida said it would allot 1.52 million shares at 73 rupees on conversion of debt
Taiwan Cement Nov parent sales 2.13 bln twd vs 2.54 bln
Taiwan Cement Corp (1101.TW) said its parent sales in November fell
Holcim Indonesia up sharply on laggard interest
PT Holcim Indonesia was sharply higher in mid-mornig trade
Non-executive director resigns at Chia Hsin Cement
The board of directors of Chia Hsin Cement Greater China Holding Corporation announces that Mr CHANG Yung Ping, Johnny has resigned
Cemex extends bid for Rinker by five weeks
According to Australian press reports, Cemex has extended its hostile takeover bid for rival Rinker Ltd by five weeks to give the target’s shareholders and US regulators time to study the propos
Second Cement Firm Hits Hanoi Bourse
But Son Cement Company yesterday listed all its 90m shares on the Hanoi Securities Trading Center (HASTC), becoming the second cement producer on the bourse.
Sinoma Plans HK Listing in 07
China National Materials Industry Group (Sinoma), a state-run building materials maker, is preparing for an initial public offering in Hong Kong.