Cement News tagged: Corporate
India: Samruddhi Cement to list on exchanges today
Samruddhi Cement, a part of the restructuring process of the cement business at AV Birla Group,
Salonit Anhovo elects new supervisory board, Slovenia
At a recent shareholders meeting, Slovenian producer Salonit Anhovo appointed a new supervisory board
Qassim plans SAR202.5m 1H dividend, Saudi Arabia
Saudi Arabia’s Qassim Cement Co said on Saturday its board has decided to distribute SAR202.5m
Pakistan Dewan Group to sell assets to settle debt
Dewan Group has proposed to sell its cement and sugar companies to settle billions of rupees worth bank
CMA approves Al Jouf Cement IPO, Saudi Arabia
Saudi Arabia’s Capital Markets Authority (CMA) said on Sunday it approved an initial public offering
Arkan Building Materials outlook
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
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
Indonesian companies say bank lending rates that are well above Bank Indonesia’s benchmark rate are
Century Plyboards to restructure, India
Century Plyboards, a diversified company, is moving towards de-merger of its cement and ferro-alloy
Fitch affirms Lafarge at ’BBB-’; outlook Negative
Fitch Ratings has affirmed Lafarge’s Long-term Issuer Default (IDR) and senior unsecured ratings at
China Shuangji Cement secures US$3.7m loan
China Shuangji Cement, Ltd a leading producer of high-quality Portland cement in Shandong and Hainan
Merrill Lynch keeps ‘buy’ rating for HeidelbergCement
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
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
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
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
Rating agency Morgan Stanley has downgraded the stocks of Holcim to “underweight” from “equal