Mover Group reaches restructuring deal with creditors
Mover SA, Intercement Participações SA, Sucea Participações SA, and Sincro Participações SA (collectively the “Mover Group”), all under judicial reorganisation, have announced a...
Restructuring
35 posts · Page 1 of 4
Restructuring of Ciments de Bizerte underway
During a meeting at its headquarters, Tunisia's Ministry of Industry, Mines and Energy, Fatma Thabet Chiboub highlighted the need to support Les Ciments de Bizerte in its restru...
JK Lakshmi Cement to merge three subsidiaries
JK Lakshmi Cement's board has approved the merger of three of the company's subsidiaries: Udaipur Cement Works (UCWL), Hansdeep Industries and Trading Co, and Hiddrive Developer...
Shareholders approved Fancesa restructuring
Bolivia-based Fancesa’s shareholders have unanimously approved the restructuring proposed by the company’s Board of Directors, said Armin Cortez, chairman of the Board of Shareh...
CNBM begins restructuring cement business
China National Building Materials (CNBM) has begun restructuring its cement business and has subsequently sold China United Cement, Sinoma Cement, as well as a 99.9 per cent sta...
EAPC restructuring enters final phase
The restructuring of East African Portland Cement Co (EAPC)’s human resources in Kenya is entering its final phase with 270 employees seeing their permanent contracts converted ...
UltraTech Cement
UltraTech Cement, part of the Aditya Birla Group, is close to finalising the deal to sell its stake in Emirates Cement Bangladesh to HeidelbergCement Bangladesh Ltd. The price o...
East African Portland Cement withdraws dismissing workforce notice
Kenya’s East African Portland Cement Co (EAPCC) has withdrawn the notice about the plan to dismiss its workforce of 800, saying it would make a further statement about restructu...
Disposals or growth for CRH?
Last week, CRH made an announcement that it was creating a new global Building Products division which would start operation in January 2019 by merging its European Distribution...
Cemex to restructure Puerto Rico operations
Following its significant fall in domestic cement sales, Cemex Puerto Rico has announced changes to its operations effective this month.