Cement News tagged: Corporate
HeidelbergCement issues a Eurobond
HeidelbergCement issued a Eurobond yesterday under its EUR10bn EMTN programme with an issuance
Texas Industries reduces 1Q loss
Texas Industries’ turnover improved by 5.6% to US$181.7m, in the first quarter ending in August and the
Afrisam share conversion an attempt to reduce debt, SA
The Public Investment Corp’s plans to convert its preference shares into equity in Afrisam Ltd, is an
Six potential buyers show interest in US FCC cement unit
Six potential buyers have shown interest in Giant, the US cement subsidiary of Spanish builder FCC, says FCC Chairman Baldomero Falcones.
Hail Cement IPO jumps above 130%
Saudi Arabia’s Hail Cement Co’s initial public offering of 50% of its share was more than 130% oversubscribed.
HeidelbergCement keeps 2011 outlook
HeidelbergCement is maintaining its outlook for this year after sales volumes marginally beat expectations in 3Q2011.
ACC-Ambuja merger deferred indefinitely. India
The merger of ACC and Ambuja Cements, the companies controlled by Holcim has been deferred
India: Q2 earnings may be weak
Indian cement companies are unlikely to report strong earnings growth in the second quarter of FY12.
Wapco Cement to issue NGN50bn bond
Lafarge Cement Wapco , the Nigerian unit of Lafarge, plans to issue a NGN50bn (US$318m) bond to
Jiangxi Cement to invest in subsidiary, China
Jiangxi Cement Co., Ltd announced on September 15 that it plans to invest CNY64m (US$10m) in its
Saudi Tabuk Cement net profit rises
Saudi cement producer Tabuk Cement Company (TCC) said its net profit for the first half of 2011 rose
Hail Cement sets minimum IPO subscription, Saudi Arabia
Saudi Arabia’s Hail Cement Co. (HCC) has set minimum subscription for its initial public offering at 50
CSN ends deal to buy assets, Spain
Brazilian steelmaker Companhia Siderurgica Nacional SA (CSN) said Friday it cancelled a deal to
Eurocement increases stake in Holcim
Eurocement Holding AG, Zurich, has increased its stake in Holcim AG on the open market and disclosed its shareholding of 10.117%
Industry appointment – Italcementi new deputy chairman
The Italcementi board has approved the appointment of director Renato Guerini to the position of
S&P cuts outlook on Italcementi to "negative"
Credit rating agency Standard & Poor’s (S&P) has lowered the outlook on cement maker Italcementi to