Cement News tagged: Corporate
Conch: stimulus drives growth, profits surge
Anhui Conch, China’s largest cement producer, reported group turnover of CNY24.684bn (US$3.615bn)
HeidelbergCement seeks loan refinancing – report
HeidelbergCement is in talks with banks about a self-arranged loan that will refinance debt remaining
Nomura cuts Buzzi Unicem’s price target
Analysts at Nomura have lowered the share price target on Italian cement maker Buzzi Unicem to
Anhui Conch net profit increases 34.4%
Anhui Conch Cement Co Ltd yesterday announced that its net profit for 2009 rose 34.48 per cent to
Siam Cement stocks rise on high earnings hopes, Thailand
Siam Cement stocks rose 2.8 per cent to THB254, having hit THB255, its highest since November 1, 2007,
Prism Cement: margins still of concern, India
Prism Cement recently received approval from the relevant authorities for the merger of two of its
YTL Corp on track to double first half sales, Malaysia
YTL Corp has said it is on track to nearly doubling its 2010 sales from last year’s US$2.6bn.
AMInvestment Bank to manage Lafarge Islamic debt issue
AMINVESTMENT Bank Bhd has been appointed as the principal adviser, lead arranger and lead
Egypt’s Sinai Cement to pay cash dividend
Egypt’s Sinai Cement approved a dividend of E£4/share, the stock exchange said on Sunday.
Cemex plans to issue 750m shares
Cemex said on Friday it will seek shareholder approval to issue 750 million shares, reports Reuters.
Cimpor to vote on new board members - report
The general shareholders’ meeting of Cimpor scheduled for April 29 will elect new board members,
S&P cuts cement producer Texas Industries’ ratings
Standard & Poor’s Ratings Services on Thursday lowered its corporate credit rating on cement producer
Cemex sees net loss in 1Q10
Cemex said on Wednesday it sees a likely consolidated net loss in the first quarter of 2010 versus the
Titan to sell 16% of Egyptian unit to World Bank
Greek cement maker Titan Cement said on Tuesday it had agreed to sell a 16% stake in its Egyptian
Rain Commodities to sell tax-free bonds
Rain Commodities Ltd plans to raise US$100m by selling tax-free bonds in two US states.
Cemex plans convertible bond issue
Cemex said on Tuesday it plans to sell convertible bonds worth US$500m as part of a wider refinancing