Cement News tagged: Corporate
Vulcan Materials reports net loss for ’08
Vulcan Materials Co. has revised its 2008 earnings reported earlier this month to show a US$253m
Indocement to repay US$50m in debt to shareholder
Indonesia’s PT Indocement Tunggal Prakarsa said it will repay a debt of IDR600bn (US$50m) to
CRH ’unlikely’ to seek Lafarge-style rights issue
CRH is unlikely to follow French construction material groups Lafarge and Saint Gobain in pursuing a "rights issue"
Cemex plans to sell US$500m bond to repay debt
Cemex rose the most in more than two months after Fitch Ratings said the company plans to sell
Mexico hit by Cemex downgrade, U.S. bank worries
Mexican equities were knocked back to four-month lows Monday, with losses suffered by Cemex
Siam City Cement (SCCC): In-line results
Siam City Cement (SCCC) reported a 4Q08 net profit of Bt675m, up 63.6% YoY but down 5.5% QoQ, in-line with the market’s expectation.
Egypt Cement officials probed for rule violations
Two executives from Alexandria Beni Suef Cement and Ameriyah Cement have been referred to the
Siam City Cement plans up to 10 bln baht bonds
Thailand’s Siam City Cement SCCC.BK said it planned to sell bonds worth up to THB10bn (US$282m)
Holcim – syndicated loan facility received strong response
Holcim has entered into a syndicated loan facility agreement of CHF400m with a group of Swiss banks lead arranged by Zürcher Kantonalbank.
Lucky cement posts Rs1.9bn profit
Lucky Cement has posted a half yearly profit after tax of Rs 1.938 billion for the period ending December
Juan Minetti hits a one-month low
Juan Minetti traded at its 32-day low of 89 centavos
Corporacion Moctezuma rises 7.7 per cent on high volatility and expanding price range
Corporacion Moctezuma, Mexico’s largest Construction company by market capitalisation, traded between an intraday low of MXN19.50
Holcim falling in weak trading with rising open interest, weekly and monthly trend also weak
Holcim fell CHF1.77 (or 3.5 per cent) to CHF48.28 (US$36.03). Compared with the Swiss Market index SMI® Price index which fell 49.2 points
Lafarge Jordan Cement boosts 2008 sales to US$452.7m
Jordanian cement producer Lafarge Jordan Cement, previously known as Jordan Cement Factories Co (JCFC),
Cementir Holding rises 2.1 per cent on high volatility
Cementir Holding, Italy’s seventh largest Construction company by market capitalisation, traded between an intraday low of €2.16
Cimpor drops 6.3 per cent on high volatility
Cimpor traded between an intraday low of €3.64 and a high of Euro3.89. Today its volatility (highest price minus lowest price/lowest price) of 6.8