Cement News tagged: Corporate
Lafarge still stalls on Azer plant
No progress has been reached in cement factory negotiations between Azerbaijan Investment Company and France’s Lafarge
Locals win Holcim stake
The Azerbaijan Investment Company ((AIC) has reached an agreement with the shareholders of the Garadagh Cement Joint
Taiwan shares boost
Taiwan shares rose Tuesday for the third-consecutive session led by food and cement gains. The Weighted Price Index of the
India Cements in the spotlight
Leading foreign funds such as Fidelity, ABN Amro, HSBC, Nomura Asset Management Fund and Emerging Market Fund have together
Malaysia’s buoyant building sector
The building materials sector has bright prospects going forward boosted by a rise in construction activities from the
EIIC to build cement factory in Abu Dhabi
Emirates International Investment Company (EIIC) is to establish a US$408 million (AED1.5billion) clinker-cement factory
India Cements plans pref issue to QIBs
India Cements plans to issue equity shares to qualified institutional buyers to raise Rs 592.50 crore, according to information provided by the company to the stock exchange.
Titan Cement CFO Howard Prince-Wright Resigns
Titan Cement SAsaid Thursday that Chief Financial Officer Howard Prince-Wright has resigned and will leave the company in March 2008 after a six-year tenure.
China’s Huaxin Cement shareholders approve revised pricing for Holcim issue
Huaxin Cement Co Ltd said its shareholders have approved a revision in the pricing of new shares to be issued to Holchin BV, a wholly-owned unit of Holcim.
Schurovsky Cement highlights Russian price gains
Nine month 2007 revenue levels at Shurovsky Cement have moved up 72.2 per cent to US$94.3m
UAE UCC plans to raise stake in RAK Energy to 35 per cent
UAE Ras al-Khaimah’s Union Cement Company (UCC) targets to raise its holding in Ras al-Khaimah Energy (RAK Energy)
South Valley Cement to get $212.182 million loan
The BOD of South Valley Cement has endorsed the credit facility agreement that will be financed by a group
FLSmidth appoints new cement R&D manager
Danish FLSmidth has appointed Kimmo Vesamäki to the position of Vice President, Research & Developmen
Taiwan’s Asia Cement plans US$250m exchangeable bonds issue
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
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
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.