Lafarge sales down on 1Q weather effect, confirms 2013 goals
Lafarge reported a six per cent decline in sales in the three months to the end of March as it was impacted by harsh winter weather conditions and production issues in Algeria a...
Debt Reduction
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South Cement to issue CNY1.5bn bills, China
South Cement has said it plans to issue CNY1.5bn (US$243m) in short-term bills with a maturity of 365 days in the interbank market on 2 May 2013 to repay bank loans and replenis...
Vicat advances in Asia and Americas
Vicat's first quarter turnover was ahead by 1.2 per cent to EUR491m, which represents an underlying improvement of 2.7 per cent.
Moody's: West China Cement's medium-term notes issuance is credit positive
Moody's Investors Service says West China Cement's (WCC) issuance of medium-term notes (MTN) totalling CNY800m (US$129m) for three-years at 6.1 per cent is credit positive. The ...
Moody’s: West China Cement investment slowdown ‘positive sign’
West China Cement’s (WCC) slowdown in investments is also a positive, according to Moody's analyst, Jiming Zou, lead analyst for WCC.
Cemex prices US$600m in notes, Mexico
Cemex on Thursday priced six-year secured notes for US$600m to pay down debt.
HeidelbergCement reduces debt, profit edges ahead
German cement major HeidelbergCement reported increases in revenue and operating income in 2012 as well as a significant reduction in net debt.
Titan's profits decline, except in the USA
Titan Cement of Greece reported a 3.6 per cent recovery in turnover for 2012 to €1130.7m, following the 19.2 per cent drop in the previous year. EBITDA, however, continued its d...
Lafarge improves operational performance
Full-year 2012 results published by global cement major Lafarge showed strong growth in emerging markets and improvements in operational performance, and it now expects to meet ...
Sanghi Industries 2QFY13 sales up 26%
Sanghi Industries reported a 26 per cent rise in turnover for the second quarter of the year ended 31 December to INR286.3 crore. According to reports in the Business Standard o...