Cement News tagged: Corporate
Cemex shareholders approve issue of new shares worth US$2bn
Shareholders of Cemex have approved a resolution to issue US$2bn worth of shares, equivalent to 1.6bn
West China Cement pretax profit up, debates listing location
West China Cement Ltd said its first-half pretax profit more than doubled, mainly reflecting higher cement prices and margins, and that it was on track to produce around 7.5Mt of cement from next year
China Resources to expand after HK$4b offering
China Resources Cement Holdings, a spin-off from China Resources Holdings, aims to boost annual
Cimpor’s Teixeira Duarte resigns
Portugal-based Cimpor has announced that Pedro Teixeira Duarte has resigned from its management board.
BRI provides L/C for Semen Gresik
PT Bank Rakyat Indonesia Tbk (BRI) provides the letter of credit (L/C) facility worth EUR33.3m and
Peru’s Brescia buys part of Lafarge Chile unit
Peru’s Brescia group has completed the purchase of a large stake in the Chilean unit of Lafarge SA, the
Portuguese Cimpor still wants to sell C+PA
Cimpor still wants to sell its 48% stake in C+PA after the failure of the sale agreement with builder
BBMG to buy 61% stake in Tianjin producer
BBMG Corporation said it has signed a non legally-binding memorandum of understanding on 30 August
Cemex ratings will continue to improve, analyst says
Standard & Poor’s (S&P) has reviewed its creditwatch on Cemex’s national and international ratings
China Resources Cement to sell 1.64bn shares
China Resources Cement Holdings Ltd. plans to sell 1.64 billion shares in an initial public offering next
ACC to raise US$62m bonds, loans-sources
ACC Ltd is looking to raise about INR3bn (US$61.5m) via bonds or loans or a combination of both,
KHD appoints new COO
KHD Humboldt Wedag International Ltd (KHD) announced that its Board of Directors has appointed
Arkan Building Materials’ 100m Shares to be unlocked
After the expiry of a two year lock-in period on Tuesday, 100 million shares of Arkan Building Materials
Controlling Shareholder raises stake in Anhui Conch Cement
Anhui Conch Cement Co Ltd, announced that its controlling shareholder, Wenzhou Conch Group Co,
Prosperity: proposed transfer of shares, Hong Kong
Prosperity Minerals Holdings Limited which operates a cement manufacturing business in the
Readymix posts EUR6.9m losses
Readymix has reported a pre-tax loss of €6.9m for the first half of the year and warned that demand has