Cement News tagged: Corporate
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,
Angel Broking neutral on UltraTech Cement
Angel Broking has maintained neutral rating on UltraTech Cement (ULTC), in its May 4, 2011 research report.
Dangote profit rises, Nigeria
Dangote Cement Plc has announced its results for the first quarter ended March 31, 2011 with turnover at
Holcim holders approve dividend, two new deputy chairmen
Holcim Ltd Thursday approved the company’s annual dividend of CHF1.50 (EUR1.18) per registered share and the appointment two new deputy chairmen.
Titan posts 1Q loss, sees challenging year ahead
Greece’s Titan Cement posted a first-quarter net loss as construction activity declined and the euro slumped.
Groupe Bruxelles Lambert raises voting rights stake in Lafarge
Belgian billionaire Albert Frere’s holding company Groupe Bruxelles Lambert now holds 28.46% of the voting rights of Lafarge
Brazil’s Cimento Tupi plans 7-yr bond offer
Brazil cement company Cimento Tupi is planning a seven year bond offering, according to a source familiar with the matter.
HeidelbergCement raises first-quarter turnover
HeidelbergCement reported increases in first quarter turnover and results as a mild winter and stronger than expected economic recovery lead to growth in sales volumes.