Cement News tagged: Corporate
Dangote announces dividend payment, Nigeria
Nigeria’s Dangote Cement has informed the Nigeria Stock Exchange that it is offering
Bestway invests further in Mustehkam Cement, Pakistan
Pakistan cement producer Bestway Cement has invested PKR1.25bn (US$15,000) into the company’s subsidiary, Mustehkam Cement Limited
Fitch revises Votorantim’s outlook to stable, Brazil
Fitch Ratings has assigned a ’BBB-’ rating to Votorantim Cimentos SA’s (VCSA) US$750m bonds
S&P downgrades Greek Titan to BB, warns of further cuts
S&P today cut to BB from BB- the long-term corporate credit and issue ratings on Greek cement maker Titan Cement Co SA while keeping intact its B short-term rating.
YTL Cement scraps exchangable bond sale, Malaysia
Malaysian cement producer YTL Cement Bhd. (YTLC) has scrapped a US$200m exchangeable bond sale after
Dr Commaraswamy appointed to Tokyo Cement Board, Sri Lanka
Sri-Lankan born ad international economist Dr Indrajit Coomaraswamy has been appointed as a
Morgan Stanley exists Shanshui Cement
Morgan Stanley private equity has sold a HK1.73bn (US$222m) block in China Shanshui Cement.
S&P gives BBB to Votorantim Cimentos senior unsecured notes
S&P said Thursday it had rated the senior unsecured notes, to be issued by Brazilian cement maker Votorantim Cimentos SA, at BBB.
Cimentos Liz delays IPO on risk aversion
Brazilian cement producer Cimentos Liz postponed on Friday a plan to sell shares to investors for as many as 60 days because of deteriorating market conditions.
Buzzi 2011 advance restrained by Italy & USA
On a turnover that was off by just 0.9% to €2648.4m in 2010, Buzzi Unicem’s underlying EBITDA was almost stable (-0.3%) at €540.2m.
Millennium Investment Banking cuts Cimpor price target
Millennium Investment Banking has cut its price target for Cimpor from EUR7.20 to EUR6.80
Cementos Pacasmayo appoints new CEO, Peru
Humberto Del Carpio Nadal has been appointed CEO of Cementos Pacasmayo SAA, Peru’s second largest
BankDhofar lead arranges project finance for Raysut Cement
BankDhofar is the Lead Arranger for an international syndicate as it closed a landmark US$175m
Votorantim Cimentos sells US$750m debt
Votorantim Cimentos on Thursday sold US$750m of notes in the 144a private placement market,
Holcim Board member Robert F. Spoerry to not stand for re-election


Robert F. Spoerry, Member of the Board of Directors of Holcim Ltd since 
2008 will not stand for re-election
Heracles Group sales down 24.3%, Greece
Heracles Group of Companies announced today sales of EUR401.41m for 2010, falling by 24.3% compared to 2009.