Cement News tagged: Corporate
Saudi’’s Yanbu Cement Q3 profit drops 20%
Saudi Arabia’s Yanbu Cement Co. posted an almost 20 per cent drop in third-quarter net profit due to
Hanson & Hawaiian Rock partnership, Guam
Hanson Permanente Cement of Guam and Hawaiian Rock Products have formed a strategic alliance
Prism Cement Q2 profit rises over two-fold
Prism Cement on Tuesday reported a rise of over two-fold in its net profit for the second quarter ended
HeidelbergCement to launch high-yield bond
HeidelbergCement AG will launch a high-yield bond of more than EUR1bn (US$1.47bn) early next week
UltraTech plans public offer to fund expansion
UltraTech is planning a follow-on public offer to fund the expansion of its cement business. The
Akermann CEO: liquidity needs met
Holcim Ltd.’s liquidity needs have been met with recent refinancing efforts, and the firm doesn’t plan any
CR Cement prices shares at high end of range
China Resources Cement Holdings has priced its shares at the high end of the offer range at HK$3.90 each.
Tabuk first half decline, Saudi Arabia
Saudi cement producer Tabuk Cement Company (TCC) registered a decline in its net profit for the first
Merckle loses blocking minority in HeidelbergCement
Ludwig Merckle holds only 24.42% in German cement maker HeidelbergCement after he sold around
Semen Gresik plans to buy state-owned paper producer
Indonesia’s largest cement producer, PT Semen Gresik is exploring the possibility to acquire a local state-owned paper producer
Vietinbank Finances VND700bn for Vietnam plant
Vietnam Joint Sock Bank for Industry and Trade (VietinBank) has inked a deal to finance VND700 billion ($39.23 million) for ROLI Investment JSC’ underway cement
China Resources Cement raises HK$6.39bn via HK IPO
China Resources Cement Holdings Ltd(1313), the largest cement producer in South China, has raised HK$6.39 billion through an initial public offering on the Hong
Holcim names Thackwray to executive Committee as of 2010
Holcim Ltd Tuesday said it has named Ian Thackwray, currently CEO of Holcim Philippines, to the company’s executive board as of
ACC to raise US$62.5m via bonds
India’s largest cement maker, ACC, plans to raise INR3bn (US$62.5m) via bonds,
HeidelbergCement rating outlook raised to positive by Moody’s
HeidelbergCement’s credit rating may be raised by Moody’s Investors Service after
Sekhsaria to replace Neotia at Ambuja, India
Ambuja Cements chairman Suresh Neotia has stepped down from the board of the company after serving