Cement News tagged: Corporate
Republic Bank funds TCL bond
Republic Finance & Merchant Bank Limited recently provided Trinidad Cement Limited (TCL) with a US$20 million loan and a TT$315 million bond issue. The financing package, which was structured and arra
Holcim sees integration benefits from acquisitions
In the first nine months of the year, Holcim increased cement and clinker volume by 7.4 per cent to 83.0Mt. Downstream volumes expanded at a faster rate, largely thanks to the acquisition of Aggregat
Gharibwal’s on stream by 2008
The new cement plant of Gharibwal Cement Limited will be commissioned and ready for production by 2008. "It will then be in a position to begin payout of dividend to its shareholders", the Gharibwal C
Stake in Savinskiy Cement Plant to be auctioned
The Arkhangelsk regional department of the Russian Federal Property Fund announced on sale of 38,778 common shares, or 25 per cent of the charter capital of Savinskiy Cement Plant by public offer. Acc
Turkish Akcansa net profit surges
Turkish cement producer Akcansa posted a 89.6 mln new Turkish lira (US$65.87m) net profit, up 58 per cent year-on-year for the first nine months of 2005. The company gross
Florida Rock Industries
Florida Rock Industries, Inc announced today that its management is unaware of any material, undisclosed development in its business affairs that would account for the unusual
PPC Audited preliminary report
The growth in the South African economy and continued high demand in both the residential and non-residential building sectors boosted cement volumes to record levels. This, together
Lafarge sets price guidance on euro bond -banker
Lafarge has set price guidance on its planned EUR500m (US$586.9m) bond due March 2016, a banker familiar with the deal said on Wednesday. The bond will be priced later this week to yield "low 70s" ba
Holcim nine-month results beat forecasts on robust internal growth
Holcim Ltd said net profit for the first nine months rose to SwFr1.384bn from SwFr875m a year earlier, beating forecasts on robust internal growth, sales gains and cost savings, which more than offset
Pushka Decides To Buy Out 0.83% Of Its Stocks
The supervisory council of the Kramatorsk-based cement plant Pushka (Donetsk region) at its October 25 meeting decided to buy out 0.827% of its stocks. According to the statement, the company will buy
Lafarge plans EUR500m March 2016 bond
Lafarge plans to sell a EUR500m bond due March 2016 this week, an official at one of the banks managing the sale said on Tuesday. BNP Paribas, Calyon, HSBC and RBS are managing the sale. Proceeds wil
Italcementi begins to see Egyptian benefits
Italcementi’s cement shipments reached 41.5Mt in the first nine months of the year, an underlying increase of 1.7% and an absolute advance of 13.8% as the group expanded, particularly in Egypt.
HeidelbergCement Q3 net profit up, beats forecast
HeidelbergCement reported a 60 per cent rise in third-quarter net profit on Tuesday, boosted by a pick-up in its key North American and Indonesian markets.
Ciments Francais: results improve
At the end of September 2005, consolidated revenues increased in every country except Greece and also profited from globally positive price trends. The increase in volumes at the end of the first half
Aditya Birla Oct cement shipments up
Aditya Birla group, India’s top cement producer, said on Monday its October cement shipments rose 6.35 per cent from a year ago to 2.35Mt The Birla group, comprising flagship
Gujarat Ambuja Oct cement shipments fall
Gujarat Ambuja Cements Ltd, India’s third-biggest cement maker, said on Monday its October shipments fell 0.8 per cent from a year earlier, to 1.17Mt Ambuja’s cement