Cement News tagged: Corporate
Millennium Investment Banking cuts Cimpor price target
Millennium Investment Banking has cut its price target for Cimpor from EUR7.20 to EUR6.80
Cementos Pacasmayo appoints new CEO, Peru
Humberto Del Carpio Nadal has been appointed CEO of Cementos Pacasmayo SAA, Peru’s second largest
BankDhofar lead arranges project finance for Raysut Cement
BankDhofar is the Lead Arranger for an international syndicate as it closed a landmark US$175m
Votorantim Cimentos sells US$750m debt
Votorantim Cimentos on Thursday sold US$750m of notes in the 144a private placement market,
Holcim Board member Robert F. Spoerry to not stand for re-election


Robert F. Spoerry, Member of the Board of Directors of Holcim Ltd since 
2008 will not stand for re-election
Heracles Group sales down 24.3%, Greece
Heracles Group of Companies announced today sales of EUR401.41m for 2010, falling by 24.3% compared to 2009.
Mediobanca lifts price target on Italcementi
Experts at Mediobanca have raised the share price target on Italian cement producer Italcementi to
Cemex sells bond, covers debt until 2013
Cemex sold US$800m in four-year bonds on Tuesday, its third bond issue this year, and said it now
Price woes damp M&As in cement sector, India
Global cement majors, who have been looking to strike M&A deals in India, are increasingly finding the existing high valuations in the 280Mt Indian cement industry a dampener.
Egypt Misr Cement Qena to distribute EGP 16 dividend
Egypt’s Misr Cement Qena said on Sunday it will distribute EGP16 ($2.69) cash dividend per share.
China Shanshui Cement announces 2010 annual results
China Shanshui Cement, the largest cement enterprise in Shandong and Liaoning Provinces in China,
Ciments Français completes the sale of Turkish activities
Ciments Français (Italcementi Group), on Friday 25 March 2011 formally completed the sale of the Turkish subsidiary Set Group Holding to
Semen Bosowa to raise IDR600bn from IPO, Indonesia
Indonesian cement maker PT Semen Bosowa plans to raise at least IDR600bn (US$69m) from an initial public offering (IPO)
Cementos Lima to issue US$150m bonds
Peruvian-based cement producer Cementos Lima plans to announce a bond issue of up to US$150m.
Sinai Cement to pay EGP9.50 dividend
Egypt’s Sinai Cement shareholders have approved a EGP9.50 (US$1.60) cash dividend for 2010
Century Plyboards to demerge two divisions, India
Century Plyboards Monday said its board has approved demerger of its ferro alloys and cement division into a new wholly-owned subsidiary Star Ferro And Cement.