Cement News tagged: Corporate
Cementos Lima to issue US$150m bonds
Peruvian-based cement producer Cementos Lima plans to announce a bond issue of up to US$150m.
Sinai Cement to pay EGP9.50 dividend
Egypt’s Sinai Cement shareholders have approved a EGP9.50 (US$1.60) cash dividend for 2010
Century Plyboards to demerge two divisions, India
Century Plyboards Monday said its board has approved demerger of its ferro alloys and cement division into a new wholly-owned subsidiary Star Ferro And Cement.
Cemex closes convertible subordinated notes offering
Cemex announced the closing of an offering of US$1.67bn aggregate principal amount of two series of convertible subordinated notes,
TPCC offers dividend, Tanzania
Tanzania Portland Cement Company Limited (TPCC), which trades as Twiga Cement, is offering a dividend
Lafarge plans Brazil IPO
Lafarge is hiring banks to launch the initial public offering of its Brazilian subsidiary, according to Friday’s
Lafarge research arm begins first joint project, India
The first joint project by Lafarge’s research arm and the Indian Institute of Technology-Madras (IIT-M) is expected to kick start soon, an official said Wednesday.
Taiheiyo Cement Up; first dividend In two years
Taiheiyo Cement Corp rose into a fifth day Wednesday morning, after the firm said Tuesday it will pay a dividend of 2.5 yen per share for the year ending March.
Union Cement posts US$6m loss, UAE
Union Cement Company said it made a net loss of AED 22.3m (US$6m) last year
Gansu Qilianshan to issue CNY400m in bills, China
Gansu Qilianshan Cement Group Co Ltd announced today that it plans to issue CNY400m in short-term bills with maturity of 365 days on the inter-bank market on Mar. 25,
Cimpor secures financing for investment plans
The financing of the investment projects of Portuguese cement producer Cimpor is guaranteed, chairman Castro Guerra said yesterday.
S&P cuts Vulcan Materials to BB
S&P on Friday cut to BB from BBB- its corporate credit and senior unsecured debt ratings on US construction materials firm, Vulcan Materials Co.
Arabian Cement Net profit up by 48.5%, Saudi Arabia
Arabian Cement Company (ACC) posted a net profit SAR9.9m (US$2.6m) compared to Global Investment House’s (GIH) estimate of SAR70.8m in 4Q10.
Jiangxi Wannianqing Cement’s profit jumps 131.91% in 2010
Jiangxi Wannianqing Cement Co announced that its net profit skyrocketed 131.91% YoY last year,
Lafarge credit rating trimmed to junk bond status
Standard and Poor’s (S&P) has downgraded its credit rating on Lafarge to junk bond status.
Adelaide Brighton’s clear, organic focus, Australia
Since becoming managing director of Adelaide Brighton (AdBri) in 2001, Mark Chellew has focused on shareholder returns and helped the group become