Cement News tagged: Corporate
Cemex makes substantial progress in Its Refinancing plan
Cemex announced today that it has made significant progress towards extending debt maturities originally scheduled for 2009.
Holcim decreases 1.9 per cent, P/E improves to four
Holcim, Switzerland’s largest Construction company by market capitalisation, fell for a third day on Monday bringing its three-day fall to CHF3.10 or 5.1 per cent.
HeidelbergCement hit by a 52 week low
HeidelbergCement Germany’s largest Building Materials company by market capitalisation,
Heidelberg stake surrender may not hit Mysore Cements just yet
Germany’s Merckle family may have to surrender a 53 per cent stake in HeidelbergCement to a group of banks, according to agency reports.
UltraTech Cement: Hold
Shareholders of Ultra Tech Cement can continue to hold the stock, as the current valuations have already factored in the prospect of a slowdown in earnings.
Steppe Cement Ltd Director Appointment
Steppe Cement Limited has appointed Malcolm Brown to its Board of Directors with immediate effect as a non-executive chairman.
Investors look beyond Cemex woes to debt
Reuters: Investors looked past slumping sales at Cemex, and snapped up the stock on Tuesday on optimism the company would refinance its looming debt payments.
HeidelbergCement stocks
HeidelbergCement AG gained 5.6 percent to EUR31.92, snapping a three-day drop.
Pakistan: ratings of four cement companies downgraded
The Pakistan Credit Rating Agency Limited (PACRA) has downgraded four cement companies and
Holcim Says Morocco Bond Successfully Placed
Holcim Ltd said Monday its unit Holcim (Maroc) S.A. has issued a 7-year bond over CHF208m in the
Taiheiyo Cement limited price increase
Taiheiyo Cement Corp will raise cement prices by just 10-15% this coming April, backing away from the
Shiva Cement board approves allotment of shares
Rourkela-based cement company, Shiva Cement has announced that the board of directors at its meeting
Decision looms on HeidelbergCement loan waiver
Lenders to HeidelbergCement AG have until the end of the day to approve a waiver request on loans
Gresik predicts US$00m capital expenditure in 2009
President Director of Indonesian state-owned cement producer PT Semen Gresik Dwi Soetjipto has predicted the company’s capital expenditure will reach US$300m next year.
Cemex swaps paper for longer-term debt
Cemex said on Wednesday that it had swapped commercial paper for longer-term debt, extending the
Vietnam: More cement makers to list on HOSE
The Ho Chi Minh City Stock Exchange (HOSE) has approved Ha Tien 2 Cement JSC to list 88 million shares on the bourse.