S&P confirms Buzzi, Dyckerhoff rating; negative outlook
Buzzi Unicem said today that Standard & Poor’s confirmed the long-term corporate rating (BB+) on Buzzi Unicem and its German subsidiary Dyckerhoff AG and the short-term rating (...
Italy
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Buzzi Unicem completes buy-out of Dyckerhoff shares
Buzzi Unicem said on Tuesday that the squeeze-out of all outstanding ordinary and preferred shares in German-based Dyckerhoff AG still held by minority shareholders was recorded...
Italy: plant closure opposed
The mayors of the Pescara mining basin have voiced their opposition to the closure of Italcementi's Scafa plant and have asked the company to review its plans. They are also rea...
S&P puts Buzzi Unicem, Dyckerhoff ratings on credit watch
Standard & Poor's has placed Buzzi Unicem’s rating on credit watch with negative implications, the Italian cement major announced in a statement.
Buzzi Unicem hit by weaker markets
Buzzi Unicem's first-half turnover declined by 5.7 per cent to EUR1273.7m and the EBITDA fell by 24.8 per cent to EUR150.7m as the Italian cement major was hit by weaker markets...
Italcementi's underlying EBITDA fairly stable
Italcementi's first-half turnover declined by 6.2 per cent to €2156.6m and the running EBITDA was down by 10.6 per cent to €298.6m, with the reduction primarily reflecting excha...
Dyckerhoff shareholders approve Buzzi offer
The shareholders' meeting of Dyckerhoff AG gave the go-ahead to the squeeze-out launched by parent company Buzzi Unicem SpA on all outstanding ordinary and preferred Dyckerhoff ...
Buzzi Unicem launches bonds, Italy
Italy’s second-largest cement producer Buzzi Unicem launched on Tuesday the placement of equity-linked bonds worth EUR200m maturing in July 2019. The bonds may be converted into...
Colacem looks to expand international presence
Colacem, Italy’s third-largest producer, has said it is looking to expand its presence abroad to help offset declines in domestic cement consumption.
Buzzi Unicem is advancing in Russia and in the USA
Buzzi Unicem's first-quarter turnover declined by 10.5 per cent to €503.14m and the EBITDA dropped by 51 per cent to €11.75m but advances were seen in Russia and the USA.