Cement News tagged: Corporate
EIIC to build cement factory in Abu Dhabi
Emirates International Investment Company (EIIC) is to establish a US$408 million (AED1.5billion) clinker-cement factory
India Cements plans pref issue to QIBs
India Cements plans to issue equity shares to qualified institutional buyers to raise Rs 592.50 crore, according to information provided by the company to the stock exchange.
Titan Cement CFO Howard Prince-Wright Resigns
Titan Cement SAsaid Thursday that Chief Financial Officer Howard Prince-Wright has resigned and will leave the company in March 2008 after a six-year tenure.
China’s Huaxin Cement shareholders approve revised pricing for Holcim issue
Huaxin Cement Co Ltd said its shareholders have approved a revision in the pricing of new shares to be issued to Holchin BV, a wholly-owned unit of Holcim.
Schurovsky Cement highlights Russian price gains
Nine month 2007 revenue levels at Shurovsky Cement have moved up 72.2 per cent to US$94.3m
UAE UCC plans to raise stake in RAK Energy to 35 per cent
UAE Ras al-Khaimah’s Union Cement Company (UCC) targets to raise its holding in Ras al-Khaimah Energy (RAK Energy)
South Valley Cement to get $212.182 million loan
The BOD of South Valley Cement has endorsed the credit facility agreement that will be financed by a group
FLSmidth appoints new cement R&D manager
Danish FLSmidth has appointed Kimmo Vesamäki to the position of Vice President, Research & Developmen
Taiwan’s Asia Cement plans US$250m exchangeable bonds issue
Asia Cement Corp (1102.TW) said its board of directors has approved the sale of US$250m of exchangeable bonds.
CEMEX Provides Guidance for the Fourth Quarter of 2007
Cemex expects EBITDA for the quarter ending December 31, 2007 to be close to US$1,100 million, an increase of about 18% versus the same period last year,
Lafarge sets Jan 18 EGM on Orascom, board seats
Lafarge will hold an extraordinary general meeting (EGM) on January 18 to approve a capital increase that is part of its agreed takeover of Egypt’s Orascom Cement.
South Valley Cement to increase capital
The BOD of South Valley Cement (SVCE.CA) has decided on its meeting, held 08/11/2007, to invite shareholders to a rights issue to increase the companys capital from
Holcim South Africa Buy Backed By Roughly EUR1B Bonds-Sources
The buyout of South Africa-based cement producer Holcim South Africa will be backed by roughly EUR1bn worth of high-yield bonds
China’s Sinoma Raises $538 Million in Cement IPO
China National Materials Co., the world’s largest provider of cement engineering services and equipment, raised HK$4.19bn
Burnpur Cement IPO subscribed 15.19 times
The initial public offer of Burnpur Cement Limited (BCL), one of the established cement manufacturers of Eastern India, has been subscribed 15.19 times.
Vietnam Bim Son Cement to sell 4.27M shares On Dec 25
Bim Son Cement Joint Stock Co. Wednesday said it plans to sell 4.27 million existing shares - equivalent to a 4.74% stake - on December 25.