Cement News tagged: Corporate
Lafarge denies UK asset disposal
Lafarge has denied a report in the Financial Times that it and joint-venture partner Anglo American are lining up asset disposals to pay down debt
China Resources Cement positive guidance
China Resources Cement is up 3.3% at HK$7.54, after releasing positive guidance on its 1Q11 operating data
Siam Cement Group reports 34% 1Q profit gain
Thailand’s Siam Cement Group (SCG) registered 34% increase in net profit to
Cementir advances in Scandinavia and Turkey
Cementir increased turnover by 19.6% to EUR188.6m during the first quarter of the year, which is a more
Italcementi first quarter 2011 improves
Italcementi’s first quarter turnover improved by 9.7% to €1,153.2m, while the running EBITDA declined by 6.4% to €130.4m as the company reported advances in France, but declines in Egypt.
HeidelbergCement upgraded to ‘BB+’ by Fitch
Fitch Ratings raised HeidelbergCement’s long-term Issuer Default Rating (IDR) and the senior unsecured ratings to ‘BB+’ from ‘BB‘.
Shanshui mandates four banks for five-year non-call three bond
China Shanshui Cement has mandated Barclays Capital, Credit Suisse, Deutsche Bank and Standard Chartered
Outlook for Indian capacity utilisation levels
An interesting correlation has been made between Indian cement stocks and capacity utilisation rates: the higher the utilisation level in a company, the better its stock price
S&P rates China Shanshui Cement ’BB’, proposed notes ’BB-’
Standard & Poor’s Ratings Services (S&P) assigned its ’BB’ long-term corporate credit rating and
MI Cement makes upbeat debut, Bangladesh
MI Cement started its first trading day with positive note and was traded above the indicative price level at the Chittagong Stock Exchange (CSE) Sunday.
Anhui Conch Cement’s 1Q net profit up 179%
Anhui Conch Cement Co Ltd, the biggest cement producer in Asia by output, announced Monday that its
Lucky Cement plans overseas acquisition
Pakistan producer, Lucky Cement, is planning to acquire a plant abroad and is also weighing potentia
Ha Tien 1 posts first-quarter loss, Vietnam
Ha Tien 1 Cement Joint Stock Company (HT1), listed in the Hochiminh Stock Exchange, said it incurred
International Finance Corporation to invest in Caspi Cement
International Finance Corporation (IFC), is planning to invest in a greenfield integrated cement facility on the Caspian Sea
China Shanshui Cement: Plan To Sell Global Bond
China Shanshui Cement Group Co. Ltd. (0691.HK) plans to sell a global dollar bond after holding a roadshow through May 17, a person familiar with the proposed deal said Monday.
MI Cement to make debut on Sunday, Bangladesh
The Chittagong Stock Exchange (CSE) Thursday gave listing permission to Bangladesh cement producer,