Lafarge Malayan Cement expects robust 2H12 demand
At Lafarge Malayan Cement’s analysts 2Q12 briefing held on Monday, the company said it expects the robust cement demand seen in the first half to continue in the second half.
Debt
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Cemex: August '12
Cemex agreed to a new deal with its creditors to postpone debt payments and is considering new asset sales as part its US$7.25bn refinancing programme.
Holcim net profit rises, streamlines group organisation
Holcim reported increased sales and improved prices in the first half of 2012, with better margins in the second quarter despite a challenging operating environment in Europe. T...
TCL doubles losses, Trinidad
Trinidad Cement Ltd (TCL) has doubled its posted a post-tax loss for the first six months of 2012 compared to the same period of last year.
Vicat first-half 2012 turnover eases
France-based Vicat's first half performance improved strongly in Asia but results have mainly deteriorated elsewhere.
Jidong Cement set to sell debt financing instruments
Tangshan Jidong Cement Co plans to issue not more than CNY3bn (US$471m) debt financing instruments maturing in not more than three years in a non-public offering. Financing will...
Fitch Ratings says outlook for Indian construction stable
Fitch Ratings says that the outlook for the Indian construction sector remains stable for 2H12, despite the continued unfavourable macroeconomic environment, as some of the risk...
European cement majors: first half trends
The last week has seen three leading European cement majors release first-half 2012 results: Lafarge, HeidelbergCement and Italcementi. The latest figures appear to confirm the ...