Cement News tagged: Corporate
But Son, Bim Son Cement Companies to offer shares
Two State-owned cement companies of But Son and Bim Son, which are located in northern Ha Nam and Thanh Hoa provinces of Vietnam
Akmenes looks at expansion possibilities
Akmenes Cementas, Lithuania’s only cement manufacturer, is considering building a new production lin e costing around Euro 70m.
CRH solidifies position in the US
The year 2005 saw CRH complete three deals totalling €344m to further extend its exposure to the market. The first of these
Arabian Cement Co begins expansion
Arabian Cement Company (ACC) has started an expansion project at its plant in Rabigh, southwestern Saudi Arabia, the
Jaiprakash to expand cement capacity
Jaiprakash Associates Ltd, the flagship company of the Jaypee Group of Industries, has decided to
Degussa acquires Chinese additive firm
Degussa’s Chinese subsidiary announced Monday it has acquired all assets of Beijing Xinzhuang Huiqiang Admixture Ltd
SEC may allow web-based shareholder activities
The US Securities and Exchange commission (SEC) is planning to allow and encourage shareholders to communicate on-line. The change is aimed at both the companies and investors, with companies expecte
Turkey’s Oyak secures loan to buy Erdemir Steel
Turkish banking-to-automotive group Oyak has secured a US$1.6bn loan from a group of banks to finance its purchase of domestic steel maker Erdemir, the group said in a statement.
Eurocement Group implements new product/financial control system
Eurocement Group has set up a comprehensive information system to ensure control over the entire chain of product movement and financial flows as a result of an IT project utilizing the Parus branded
MMK increases stake in Magnitogorsk refractory works
OAO Magnitogorsk Iron & Steel Works has increased its stake in the charter capital of OAO Magnitogorsk Cement-Refractory Works in Chelyabinsk region from 72.93 per cent to 93.954 per cent,
Kuwait seminar for Iraq investment group
Global Investment House (Global) has held a special seminar at the Kuwait Stock Exchange (KSE) on listing Iraq Holding Company (IHC). Attending the seminar were, Mr. Mohammed AlNaki,
China stock slump
As a prolonged slump in the China stock market drags on and the US dollar stays on a longer-than-expected uptrend, many Chinese investors are becoming frustrated with what they
FCC Aims to double revenues by 2008
Spanish construction group Fomento de Construcciones y Contratas SA (FC) said Thursday it plans to double revenue and earnings by 200, noting in a presentation that it wants
Rinker Group gets A3 rating from Moody’s
Moody’s Investors Service has today affirmed the A3 senior unsecured rating of Rinker Group Limite. Moody’s said its rating affirmation reflects the ongoing strength in the company’s
Hanoi stock exchange adds three firms to listing
An additional three companies will be listed on the Hanoi Securities Trading Centre, bringing the total number of listed companies in December to nine with registered shares worth nearly
Cemex, Lafarge terminate Iberian joint ventures
Cemex SA said Thursday it has unwound its joint ventures with France ’s Lafarge SA, as agreed earlier this year. In a press release, Cemex