Cement News tagged: Corporate

Arkan Building Materials outlook

27 June 2010, Published under Cement News

Despite the construction slowdown Arkan Building Materials had a net profit of Dh19.2m for the first

Garadagh Cement not to pay dividends for 2009

27 June 2010, Published under Cement News

At a recent shareholders meeting Azerbaijan producer Garadagh Cement said it will not to pay dividends for

Local companies: lending rates still too high, Indonesia

27 June 2010, Published under Cement News

Indonesian companies say bank lending rates that are well above Bank Indonesia’s benchmark rate are

Century Plyboards to restructure, India

25 June 2010, Published under Cement News

Century Plyboards, a diversified company, is moving towards de-merger of its cement and ferro-alloy

Fitch affirms Lafarge at ’BBB-’; outlook Negative

Fitch affirms Lafarge at ’BBB-’; outlook Negative

25 June 2010, Published under Cement News

Fitch Ratings has affirmed Lafarge’s Long-term Issuer Default (IDR) and senior unsecured ratings at

China Shuangji Cement secures US$3.7m loan

24 June 2010, Published under Cement News

China Shuangji Cement, Ltd a leading producer of high-quality Portland cement in Shandong and Hainan

Merrill Lynch keeps ‘buy’ rating for HeidelbergCement

Merrill Lynch keeps ‘buy’ rating for HeidelbergCement

23 June 2010, Published under Cement News

US investment bank Merrill Lynch has set its classification for Heidelberg Cement to "Buy" with a target

HeidelbergCement to pay extra to sell high-yield bond

23 June 2010, Published under Cement News

HeidelbergCement is paying a premium to sell high- yield bonds as corporate-debt sales start to revive

Fujian reports losses due to heavy rains, China

23 June 2010, Published under Cement News

Chinese producer, Fujian Cement suffered losses of more than CNY20m due to the heavy rains on June

Alex Cement says rights issue nearly covered, Egypt

23 June 2010, Published under Cement News

Egypt’s Alexandria Cement said on Tuesday it had almost covered a E£2.45bn (US$442.2m) rights issue

Morgan Stanley downgrades Holcim stocks

23 June 2010, Published under Cement News

Rating agency Morgan Stanley has downgraded the stocks of Holcim to “underweight” from “equal

Grasim: more berated than re-rated

22 June 2010, Published under Cement News

The company has a strong record of profitability and growth

Direct manage investments to buy into Jidong Cement

22 June 2010, Published under Cement News

Direct Manage Investments Ltd plans to spend CNY1.91bn

HeidelbergCement seeks revival with cost cuts

22 June 2010, Published under Cement News

HeidelbergCement said it aims to revive profit with spending reductions and by adding plants in emerging markets such as India, Indonesia and Bangladesh.

Offers to Tokyo Cement shareholders

21 June 2010, Published under Cement News

Sri Lanka’s Tokyo Cement recently announced that it would be proposing to its existing

Madras Cements: Value pick for long term

21 June 2010, Published under Cement News

Madras Cements, a leading player in the southern market, has been grappling