Cement News tagged: Corporate
Mediobanca lifts price target on Italcementi
Experts at Mediobanca have raised the share price target on Italian cement producer Italcementi to
Cemex sells bond, covers debt until 2013
Cemex sold US$800m in four-year bonds on Tuesday, its third bond issue this year, and said it now
Price woes damp M&As in cement sector, India
Global cement majors, who have been looking to strike M&A deals in India, are increasingly finding the existing high valuations in the 280Mt Indian cement industry a dampener.
Egypt Misr Cement Qena to distribute EGP 16 dividend
Egypt’s Misr Cement Qena said on Sunday it will distribute EGP16 ($2.69) cash dividend per share.
China Shanshui Cement announces 2010 annual results
China Shanshui Cement, the largest cement enterprise in Shandong and Liaoning Provinces in China,
Ciments Français completes the sale of Turkish activities
Ciments Français (Italcementi Group), on Friday 25 March 2011 formally completed the sale of the Turkish subsidiary Set Group Holding to
Semen Bosowa to raise IDR600bn from IPO, Indonesia
Indonesian cement maker PT Semen Bosowa plans to raise at least IDR600bn (US$69m) from an initial public offering (IPO)
Cementos Lima to issue US$150m bonds
Peruvian-based cement producer Cementos Lima plans to announce a bond issue of up to US$150m.
Sinai Cement to pay EGP9.50 dividend
Egypt’s Sinai Cement shareholders have approved a EGP9.50 (US$1.60) cash dividend for 2010
Century Plyboards to demerge two divisions, India
Century Plyboards Monday said its board has approved demerger of its ferro alloys and cement division into a new wholly-owned subsidiary Star Ferro And Cement.
Cemex closes convertible subordinated notes offering
Cemex announced the closing of an offering of US$1.67bn aggregate principal amount of two series of convertible subordinated notes,
TPCC offers dividend, Tanzania
Tanzania Portland Cement Company Limited (TPCC), which trades as Twiga Cement, is offering a dividend
Lafarge plans Brazil IPO
Lafarge is hiring banks to launch the initial public offering of its Brazilian subsidiary, according to Friday’s
Lafarge research arm begins first joint project, India
The first joint project by Lafarge’s research arm and the Indian Institute of Technology-Madras (IIT-M) is expected to kick start soon, an official said Wednesday.
Taiheiyo Cement Up; first dividend In two years
Taiheiyo Cement Corp rose into a fifth day Wednesday morning, after the firm said Tuesday it will pay a dividend of 2.5 yen per share for the year ending March.
Union Cement posts US$6m loss, UAE
Union Cement Company said it made a net loss of AED 22.3m (US$6m) last year