Cement News tagged: Corporate
Arabian Cement Q2 net profit drops 8.6%
Saudi’’s Arabian Cement Co posted on Monday an 8.6 per cent decline in net profit for the
Moody’s cuts to "negative" outlook on Italcementi’s Baa2 rating
Credit rating agency Moody’s lowered today its outlook on the Baa2 issuer rating of
Chile: Blondot confirms Lafarge divestment plans
In a note to the Superintendencia de Valores y Seguros (SVS), the general director of Lafarge Chile
Holcim Indonesia to appoint temporary president director
PT Holcim Indonesia Tbk will soon appoint an official to temporarily take the post of president director
L&T profit triples after stake sale in UltraTech Cement
India’s biggest engineering and construction firm Larsen and Toubro Ltd (L&T) on Thursday said firs
Cemex completes MXN$2.2bn securitisation of accounts receivables
Cemex announced today that it has successfully raised MXN$2.2bn (approximately US$160m), through
Morgan Stanley sells US$80m block in Shanshui Cement
Morgan Stanley Private Equity last night took advantage of the improved sentiment in the Hong Kong
Cemex expecting US$170m
Cemex expects to raise up to CHP2.3bn (US$170m) from a securitisation of accounts receivables
Cemex to raise US$167m in debt sale
Cemex is planning to sell 2.5-year bonds worth US$167m, The Wall Street Journal reports.
Readymix predicts €7m pre-tax loss
Readymix has forecast it will post a pre-tax loss of nearly €7m for the first half of this year.
Tabuk Cement Q2 net profit tumbles 45%
Saudi Arabia’s Tabuk Cement Co said on Monday its 2009 second-quarter net profit dropped 45 per cent
Yamama profit drops 27%, Saudi Arabia
Yamama Saudi Cement Co said on Monday its 2009 second-quarter net profit dropped 27 per cent to
New capacity ’key to Lafarge India plans’
Lafarge is planning to nearly double the revenue contribution of its Indian subsidiary to 8% over the next
Sunway declines comment on HeidelbergCement buy
Sunway Holdings Bhd has declined comment on talk that the company is bidding to acquire the local
Southern Cement 2Q net falls 7.8% , Saudi Arabia
Southern Cement made a net profit of SAR212m ($56.53m) in the three months to June 30, down from
Qassim Cement mulls 100 per cent bonus shares
The Qassim Cement Company of Saudi Arabia is planing to offer shareholders one bonus share for each