Cement News tagged: Corporate

HeidelbergCement puts Irvine Whitlock up for sale

02 July 2009, Published under Cement News

Brickwork contractor Irvine Whitlock is being put up for sale as part of the break-up of the Hanson’s

Cemex presents bank debt refinancing plan

02 July 2009, Published under Cement News

With continued sales of some its mainstream businesses still very much in the headlines – the latest being

Cemex presents bank debt refinancing plan

01 July 2009, Published under Cement News

Cemex said it’s in the process of presenting a refinancing plan to its core bank creditors that seeks to reschedule US$14.5bn in debt through 2014.

CNBM buys parent’s cement biz at US$851m

01 July 2009, Published under Cement News

China National Building Material (CNBM) has agreed to acquire from its controlling shareholder equity

BK Birla targets 50% stake in group companies

BK Birla targets 50% stake in group companies

29 June 2009, Published under Cement News

Basant Kumar Birla intends to scale up promoter’s holding in group companies to at least 50 % over the next three years.

CNBM acquires stakes in 10 cos from parent

29 June 2009, Published under Cement News

China National Building Material Co made successful bids to acquire stakes in 10 cement companies from

Czech Republic: Lafarge Cement to use CZK379m profit for dividend

Czech Republic: Lafarge Cement to use CZK379m profit for dividend

26 June 2009, Published under Cement News

Czech cement maker Lafarge Cement will use last year’s CZK379.4m (€14.6m or US$20.4m) profit for dividend payment

India’s Grasim may absorb UltraTech unit

25 June 2009, Published under Cement News

India’s Grasim Industries plans to absorb its unit UltraTech Cement, to consolidate the group’s cement business under one arm,

Holcim well placed to buy into construction downturn

24 June 2009, Published under Cement News

Holcim, the world’s second-largest cement maker, is well equipped to exploit a global construction slump and snap up more

CRH announces non-executive board appointment

24 June 2009, Published under Cement News

The Board of CRH plc announced the co-option to the Board today, 24 June 2009, of John W Kennedy, as a non-executive Director.

No HeidelbergCement deal on Hanson set in concrete just yet

22 June 2009, Published under Cement News

Germany’s HeidelbergCement has refinanced €8.7bn (US$15.1bn) in debt, taking some of the urgency away from any potential sale of its local unit, Hanson Australia

HeidelbergCement shares rise on refinancing agreement

19 June 2009, Published under Cement News

HeidelbergCement, the German cement maker owned by billionaire Ludwig Merckle, rose the most in more than three months

Cemex could sell stock to relieve debt squeeze

19 June 2009, Published under Cement News

Mexican cement giant Cemex SA, weighed down by huge debts from an acquisition made as the US housing-market went into freefall,

LIC purchases INR174 crore shares of Ultratech Cement

18 June 2009, Published under Cement News

Life Insurance Corporation (LIC) of India has purchased 24lakh share of Ultratech Cement

HeidelbergCement seen up on financing

18 June 2009, Published under Cement News

Shares in German cement maker HeidelbergCement are indicated 4.4 per cent higher in pre-market trade

Cemex Falls to Three-Week Low on Bank of America Cut

17 June 2009, Published under Cement News

Cemex plunged to the lowest in three weeks in New York trading after it was cut to “underperform” from