Cement News tagged: Corporate
Haver & Boecker establishes subsidiary in Ras Al Khaimah, UAE
Haver & Boecker has announced the establishment of subsidiary office in the United Arab Emirates.
Moody’s assigns a Baa1 rating to Holcim
Moody’s Investors Service has today assigned a Baa1 issuer and senior unsecured long-term debt rating to Holcim Ltd
Argos borrows US$150m to part finance new plant, Colombia
Colombia’s largest cement company Cementos Argos SA has borrowed US$150m from the Andean Development Corp and China Development Bank to
Cement Hranice profit up, Czech Republic
Cement Hranice netted Kc859.1m last year, an improvement from Kc763.1m net profit in 2006,
Kuwaiti Hilal Cement net profit down
The net profit of Kuwaiti cement producer Hilal Cement declined to KWD669,307 (US$2.5m) in the first three months of 2008
Egypt’s CMA approves Torah Cement stock split
Egypt’s Capital Market Authority said on Sunday it agreed to Torah Portland Cement’s plan for a two-for-one share split, which would take the total number of shares in the company to 47.68
Colombia’s Cementos Argos Sells COP80bn in One-Year Notes
Colombia’s largest cement company, Cementos Argos SA, Thursday sold COP80bn (US$45m) worth of commercial notes, the company told the securities regulator.
James Hardie shares tumble
Australian James Hardie Industries, the largest seller of home siding in the US, today posted a full-year loss as the slump in US housing market deepens. Sydney-based Hardie said its net loss was $US7
Cement cartel success boosts UK claims
Investigators gathering evidence over alleged cement price fixing in the UK have been boosted by Heidelberg, Lafarge, Holcim, Cemex and three other cement producers losing their court bid in Germany t
CRH appoints Chief Executive Designate
CRH announces the appointment of Mr. Myles Lee as Group Chief Executive Designate. Mr. Lee will succeed the current Chief Executive, Mr. Liam O’Mahony, when he retires as previously announced at
JK sees profits fall
JK Cement, one of the largest cement manufacturers in North India and the second largest white cement producer in the country, announced a marginal fall in standalone net profit for the fourth quart
L&T, Grasim joust over UltraTech stock
Two of India most valuable companies Larsen and Toubro Ltd (L&T) and Grasim Industries Ltd, which have been at loggerheads since the early 2000s over cross-holdings, are facing another contentious iss
Cement stocks in the spotlight
Malaysian cement companies attracted attention yesterday following speculation that the industry will be the next to be liberalised after the steel industry. Analysts are positive that a cement price
Barclays cuts its stake in Holcim
Holcim has announced that Barclays has cut its stake in the group to below the 3 per cent reporting threshold. The Swiss cement maker also said that UBS currently holds a stake of 3.16 per cent in H
CRH share buyback
CRH plc announces that on 19thMay 2008 that UBS Limited purchased, on behalf of the company 71,522 Ordinary Shares of EUR0.32 each in CRH plc at prices between EUR24.317and EUR24.60 per Ordinary Shar
Lafarge sets out guidance on Euro bond
Lafarge has set guidance on its planned two-part euro bond that will help refinance its purchase of Egypt’s Orascom Cement, an official at one of the banks managing the sale said on Monday. Lafa