Gresik sees output rising 18% next year, Indonesia
Indonesia’s leading cement producer PT Semen Gresik expects cement production to increase by 18 per cent next year, however, it has hinted that domestic sales growth could slow ...
Mergers And Acquisitions
613 posts · Page 58 of 62
Fitch Ratings: mixed picture for EMEA companies
Fitch Ratings says 3Q12 results reported by Fitch-rated Europe Middle East and Africa (EMEA) cement companies, Holcim Ltd ('BBB'/Stable), HeidelbergCement AG ('BB+'/Stable) and ...
Buzzi Unicem to lift stake in Dyckerhoff to 96.6%
German cement producer Dyckerhoff AG said its parent company Buzzi Unicem SpA had agreed to buy additional ordinary and preferred shares in it, raising its total share capital i...
Metso strengthens position in China
Metso is strengthening its presence in the fast growing Chinese construction market through two strategic actions: establishing a joint venture with LiuGong Group Corp and acqui...
Siam Cement on Vietnam acquisition trail
Siam Cement PCL is looking for an opportunity to acquire a cement business in Vietnam, Chief Executive Kan Trakulhoon according to Dow Jones reports. Cement companies in Vietnam...
Eagle Material reports second quarter rise in earnings, USA
Eagle Materials has reported continued growth in sales volumes and earnings in the second quarter as revenues rise 22 per cent to US$164.7m. Second quarter sales volumes improve...
Unacem net profit rises, Peru
Union Andina de Cementos (Unacem) – which comprises the recently merged Cementos LIma and Cementos Andino – reported a net profit to PEN70.3m (US$27m) compared with PEN42m in th...
Breedon Aggregates withdraws from Tarmac/Lafarge asset bid, UK
Breedon Aggregates, the building materials group, said it has withdrawn from bidding to acquire assets being off-loaded by Lafarge and Tarmac.
Semen Gresik to issue US$150m global bonds next year, Indonesia
PT Semen Gresik plans to issue US$150m of global bonds in 2013 to finance its plan to buy a smaller rival in Southeast Asia, Reuters reported the company’s CEO Dwi Sutjipto sayi...
JPMorgan acquires 2.41m H-shares in Conch Cement
JPMorgan Chase & Co purchased 2.41 million H-shares in Anhui Conch Cement Co Ltd, a major cement producer in China, at HK$ 24.28 per share, a total value of HK$ 58.62 million, m...