Cemex prices Latam IPO, Colombia
Cemex announced it has priced shares of its Latin American unit Cemex Latam Holdings SA at COP12,250 (US$6.75) each in an offering from which it expects to receive about US$1.1b...
Debt Reduction
82 posts · Page 8 of 9
South Cement Co to issue short-term bills, China
South Cement Co, owned by China National Building Materials Co, has announced it plans to issue CNY1.5bn (US$240m) in short-term bills with a maturity of 365 days in the interba...
Anhui Conch to issue bonds, China
Anhui Conch Cement Co Ltd has been given the greenl ight by China Securities Regulatory Commission to issue no more than CNY6bn (US$2.13bn) of 10-year corporate bonds publicly. ...
Cemex announces Latam share offering, Colombia
Cemex said on Friday it plans to offer some 126.6 million common shares of its Cemex Latam Holdings unit to be listed in the Colombian stock market.
Domestic demand drives Kohat Cement FY12 sales
Pakistan’s Kohat Cement Company Ltd (KOHC) achieved a 26.5 per cent YoY growth in domestic sales during FY12, outperforming the industry which grew 8.8 per cent. Its exports, ho...
China Tianrui Group to issue CNY500m notes
China Tianrui Group Cement Co has said it will issue CNY500m (US$78.9m) worth of medium-term notes with a maturity of three years in the interbank market on 17 September. The co...
Cementos Blancos leases Azuara plant to Cemex, Spain
Spanish cement producer Cementos Blancos de Aragon (CBA) has signed an agreement to lease its plant in Azuara to Cemex, according to local press reports. Through the move, CBA a...
HeidelbergCement revenues rise driven by North America and Asia
HeidelbergCement has reported a rise in revenue and profit for the second quarter of 2012 driven by increased sales in North America and Asia as well as successful price increas...
Cemex bolstered by improving US sales
Cemex has reported an improved profit line for the first-half of 2012, as sales from its US division move into long-awaited positive territory signalling that the debt-laden pro...
Cementos Portland to cut 250 jobs, Spain
Spanish cement producer Cementos Portland Valderrivas is to cut 250 jobs throughout its Spanish operations after the summer and will temporarily halt production of plants in the...