Lafarge step-up bonds show investors dismiss downgrade threat
Lafarge SA bond prices show investors are convinced Chief Executive Officer Bruno Lafont will win his
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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China consolidates cement assets in 2009
China consolidated cement assets whose combined production capacity reaches nearly 80Mt through
Athi River Mining to sell bonds to fund expansion, Kenya
Athi River Mining Ltd plans to sell KES1.6bn (US$20.8m) worth of bonds in April or May to help fund
Shree Cement expects fourth quarter net drop
India’s Shree Cement Ltd expects its fourth-quarter net profit to be 10%-15% lower than a year earlier
DG Khan Cement to invest in Nishat Mills
DG Khan Cement Company of Pakistan, has convened an extra-ordinary general meeting of shareholders
HeidelbergCement - strong results in Asia and Africa
HeidelbergCement’s turnover declined 21.6% to €11,117m in 2009 while the EBITDA fell by 28.7% to
Holcim Romania sees 33 per cent turnover drop in 2009
Holcim Romania registered a turnover of EUR250m in 2009, down by 33 per cent against 2008, due to the
West China Cement refinances loans
West China Cement says that it has finalised the repayment of the US$60m term loan facility originally
Rain Commodities hives off cement business
India-based Rain Commodities which produces cement, calcined petcoke and power, on Wednesday said it
Dalmia to split units into four parts
Dalmia Cement (Bharat) Ltd will split its business into four units, the Economic Times newspaper reported
Norwegian investor increases stake in HeidelbergCement
Norwegian state-owned investment company Norges Bank Investment Management (NBIM) has built up its
Gresik to invest in two new plants, Indonesia
Indonesia’s PT Semen Gresik said it will invest around US$765m to build two new cement factories and a power plant in the next two years.
HeidelbergCement full year down 91%
HeidelbergCement reported on Thursday its 2009 net profit dropped 91% to EUR168bn from
Union leader slams cement import waiver
National Workers Union (NWU) President Vincent Morrison has knocked the Government for allowing
Bridge over the Potomac River uses Lafarge’s slag cement, USA
NewCem slag cement from cement giant Lafarge is playing a key role in one of the largest public works
Peru’s court reinstates tariffs on cement imports
Peru’s Constitutional Court declared that the lawsuit filed by Cementos Lima had grounds and was
Italcementi Finance plans to sell 10-year bonds in euros
Italcementi Finance SA is selling 10-year bonds in euros, according to a banker involved in the transaction.
Dominican government works spur 12% growth
Cement consumption in the Dominican Republic increased from 429,500t to 482,664t in January and
Egypt’s Misr Cement Qena 09 net profit up 16%
Egypt’s Misr Cement Qena posted a 16 per cent rise in full year 2009 net profit to E£352.3m (US$64m), the
High Court orders stay on Nirma cement plant
The Gujarat High Court on Tuesday ordered a stay on all construction activities at the Nirma Ltd’s
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