CNBM sees benefit of stimulus packages - UBS
CNBM said its parent is to acquire 85.17 per cent equity interest of Inner Mongolia Wulan Cement
Earlier cement industry news and analysis from International Cement Review's global newsroom.
CNBM said its parent is to acquire 85.17 per cent equity interest of Inner Mongolia Wulan Cement
Come January and builders and contractors in Mumbai will face strict norms for credit on cement purchase as dealers have decided to deal with defaults.
Cemex announced today that it has made significant progress towards extending debt maturities originally scheduled for 2009.
Cimentos de Portugal (CPR.LS) gained 13 Eurocents (or 3.9 per cnet) to €3.47 in the week ending Tuesday December 23.
Mexican stocks outperformed other Latin American equities Tuesday, with help from cement maker Cemex SA on news that its debt-refinancing troubles are easing.
Cementos Portland Valderrivas (CPL.MA), Spain’s fourth largest Construction company by market capitalisation, dipped 12 Eurocent
HeidelbergCement (HEI.F), Germany’s largest Building Materials company by market capitalisation, increased 66.0 Eurocents (or 2.2 per cent) to €30.90.
Cemex, plans to sell its 20 per cent stake in Trinidad Cement Limited (TCL) in response to difficult times the company has been hit with during the global economic dowturn
Cemex said on Monday its banks had agreed to refinance nearly US$2.2bn in debt maturing in 2009 and 2010, edging it away from default.
Hungary’s Competition Office (GVH) said on Monday that it will launch a detailed two-phase investigation of Austrian construction company Strabag’s acquisition
Rich limestone deposits and the state government not averse to having more cement plants is attracting more players with JK Cements being the latest entrant
Germany’s Merckle family may have to surrender a 53 per cent stake in HeidelbergCement to a group of banks, according to agency reports.
Leocem wish to inform the general public that the selling price of cement has been decreased with effect from December 15, 2008.
HeidelbergCement Germany’s largest Building Materials company by market capitalisation,
Holcim, Switzerland’s largest Construction company by market capitalisation, fell for a third day on Monday bringing its three-day fall to CHF3.10 or 5.1 per cent.
Germany’s billionaire Merckle family may be forced to surrender a 53 per cent stake in HeidelbergCement AG to banks
The government is thinking to increase its share ownership in the country’s largest cement maker PT Semen Gresik after the establishment of a holding company
The country’s biggest cement factory began operations on Thursday in Le Loi Commune, Hoanh Bo District in the northeastern province of Quang Ninh.
As the whole country is engulfed by the shortage of cement, Afrisam employees seem to have been the hardest hit by this predicament.
Tank-Weld Metals has sealed a 10-year agreement with an international company to start supplying cement to the Jamaican market as early as February next year.
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