Cement News tagged: Corporate

Taiwan’s Asia Cement plans US$250m exchangeable bonds issue

18 December 2007, Published under Cement News

Asia Cement Corp (1102.TW) said its board of directors has approved the sale of US$250m of exchangeable bonds.

CEMEX Provides Guidance for the Fourth Quarter of 2007

17 December 2007, Published under Cement News

Cemex expects EBITDA for the quarter ending December 31, 2007 to be close to US$1,100 million, an increase of about 18% versus the same period last year,

Lafarge sets Jan 18 EGM on Orascom, board seats

17 December 2007, Published under Cement News

Lafarge will hold an extraordinary general meeting (EGM) on January 18 to approve a capital increase that is part of its agreed takeover of Egypt’s Orascom Cement.

South Valley Cement to increase capital

13 December 2007, Published under Cement News

The BOD of South Valley Cement (SVCE.CA) has decided on its meeting, held 08/11/2007, to invite shareholders to a rights issue to increase the companys capital from

Holcim South Africa Buy Backed By Roughly EUR1B Bonds-Sources

Holcim South Africa Buy Backed By Roughly EUR1B Bonds-Sources

13 December 2007, Published under Cement News

The buyout of South Africa-based cement producer Holcim South Africa will be backed by roughly EUR1bn worth of high-yield bonds

China’s Sinoma Raises $538 Million in Cement IPO

13 December 2007, Published under Cement News

China National Materials Co., the world’s largest provider of cement engineering services and equipment, raised HK$4.19bn

Burnpur Cement IPO subscribed 15.19 times

Burnpur Cement IPO subscribed 15.19 times

13 December 2007, Published under Cement News

The initial public offer of Burnpur Cement Limited (BCL), one of the established cement manufacturers of Eastern India, has been subscribed 15.19 times.

Vietnam Bim Son Cement to sell 4.27M shares On Dec 25

12 December 2007, Published under Cement News

Bim Son Cement Joint Stock Co. Wednesday said it plans to sell 4.27 million existing shares - equivalent to a 4.74% stake - on December 25.

GBL ready to up Lafarge stake to 20-30 per cent

12 December 2007, Published under Cement News

Group Brussel Lambert said Tuesday it was ready to increase its stake in Lafarge to 20-30 per cent over time, a day after the French company announced a deal to buy Egypt’s Orascom Cement.

Peru’s Cementos Lima sees 2007 sales up 13-4%

11 December 2007, Published under Cement News

Peru’s largest cement producer, Cementos Lima SA, expects its sales to be between 13% and 14% higher this year than last year, director general Carlos Ugas said

Fujairah Cement reports Dh135.98m profit

10 December 2007, Published under Cement News

For the nine months ended September 30, 2007, Fujairah Cement Industries (FCI) reported an 11.7 per cent increase in net profit to Dh135.98 million from Dh121.71 million in 9M06.

India’s Holcim ups stake in Ambuja Cements to 46% for US$780m

07 December 2007, Published under Cement News

Holcim said it has increased its stake in Ambuja Cements by 13 per cent to 46 per cent for US$780m through an open offer.

Holcim Indonesia extends gains on robust earnings outlook

06 December 2007, Published under Cement News

Shares of PT Holcim Indonesia continued to surge Thursday after brokerages recently

Thai TPI Polene delays refinancing after huge fines

06 December 2007, Published under Cement News

TPI Polene, Thailand’s third largest cement firm, said on Thursday it had delayed a plan to refinance around 8bn baht (US$264m) of debt

Cementir rises 1.8 per cent on high volatility

06 December 2007, Published under Cement News

Cementir traded between an intraday low of €6.35 and a high of €6.41.

HeildelbergCement strengthens above moving average price

06 December 2007, Published under Cement News

Heidelberg Cement AG has strengthened above its trend. The 200-day moving average price (MAP) was €110.60.