Cement News tagged: Corporate
Holcim prices A$500m 3-yr bond issue
The Australian unit of Holcim has priced A$500m (US$423m) in three-year notes at 335 basis points
Holcim Indonesia reports 22% fall in net profit
PT Holcim Indonesia said net profits fell 21.78 per cent to IDR280bn (US$28m) in the first half of 2009
TCL profits down
Weak demand for cement products and the economic downturn around the Caribbean have chipped away
Cemex may need to sell more assets
Cemex’s attempts at restructuring some US$15.5bn in debt may not be enough to stabilise its financial
Dyckerhoff’s sharp volume drops in Ukraine, Russia & USA
Buzzi Unicem’s quoted subsidiary Dyckerhoff has reported a 32.4% drop in first half turnover to
Italcementi’s strongest volume falls in Spain, Italy and USA
Italcementi’s first half turnover showed an 11.6% reduction to EUR2,585.7m and the running EBITDA was down by 16.2% to EUR497.4m
Cemex Says Bankers Agree to Waiver in Debt Proposal
Cemex said banks agreed to extend a covenant waiver to allow the company to complete a refinancing of
Colombia’s Cementos Argos 1H profit up
Cementos Argos SA, Colombia’s biggest cement maker, reported profit rose 128 per cent in the first six
Thailand’s TPI Polene (TPIPL): 2Q09 earnings
TPIPL reported a 2Q09 net profit of Bt840mn, turning from a net loss of Bt6.8bn in 2Q08 and up 109%
Global recession continues to undermine Cemex
Cemex’ results continue to slide as global recession undermines second quarter results.


Siam Cement second quarter drop, Thailand
Siam Cement PCL reported a 5% drop in second-quarter profit on weaker sales, and warned that its
Cemex Has 90% creditor support for refinance plan
Cemex has 90 per cent creditor support for a plan to refinance almost $15 billion of bank debt and is
Wesfarmers chairman to succeed Ken Moss at Boral, Australia
After 10 years as chairman of building materials group Boral, Ken Moss will step down next May to
Holcim increases shares in Cessa, El Salvador
Holcim has acquired 90% of the shares of Cemento del Salvador (Cessa).
Strong sales lift Grasim net 61%
Grasim Industries, part of the Aditya Birla Group, has posted a 61% growth in consolidated net profit at
Portland opts to hedge on loan over volatility, Kenya
East African Portland Cement Company has decided to hedge on a yen-denominated loan it got from the