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PPA to restructure Semen Kupang 08 January 2009 said on Wednesday. "It may even become a shareholder of Semen Kupang if necessary," reported the Jakarta Post. Despite its financial problems, Said added, the firm which produced 300.000 tons of cement last year, has enough business potential for the... Type: Article Category: Mergers & Acquisitions Cemex sued by EPA, could face billions in damages 07 January 2009 we can work with the company to negotiate some sort of settlement that includes conforming to the Clean Air Act and some financial penalties," Rochlin said. The plant improvements at the center of the suit were implemented before Cemex acquired the... Type: Article Category: Environment Lafarge counting on emerging markets 06 January 2009 Lafarge, the worldÔÇÖs biggest cement company, is looking to emerging markets to help it weather the financial storm which has hit its western markets hard. (CW Group) Bruno Lafont, chairman and chief executive officer of the French group, told the... Type: Article Category: Markets & Competition Heidelberg's future uncertain as Merckle dies 06 January 2009 ($560,1 million) through bad bets on carmaker Volkswagen's shares and other trades. Merckle committed suicide, "broken" by financial woes, his family said in a statement today. He was hit by a train yesterday near his hometown of Blaubeuren, southeast... Type: Article Category: Financial CRH sees Ôé¼1,6Bn pre-tax profits, challenging outlook 06 January 2009 Ukraine, this was more than offset by declines from US operations, according to CRH. In the second half, the events in the financial markets hit its European operations hardest. However, CRH said that the U.S. economic stimulus plan may bolster earnings... Type: Article Category: Financial Conch to invest $464MM in new Chongqing capacity 05 January 2009 shares to help fund the capital investments. 1,97 billion yuan of the required investments will come from company internal financial resources. The plan required approval from shareholders, which the company obtained and is now embarking on the... Type: Article Category: Plant Expansions Cemex completes sale of Canary Island assets 29 December 2008 mills and 19 concrete plants. All assets were located on the Canary Islands in Spain. J.P. Morgan and RBS acted as financial advisors to Cemex in the transaction. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Mergers & Acquisitions Sinoma expects 50% profit growth in 2008 28 December 2008 (Sinoma), China's largest cement-making equipment producer, expects a jump of 50% in earnings for 2008 despite the financial crisis, a top company official said. (CW Group) Sinoma said that it is also expecting to generate sales of 50 billion yuan... Type: Article Category: Financial Cemex to divest TCL stake 28 December 2008 (TCL) company. (CW Group) In a statement to the Jamaica Stock Exchange, TCL said that "there have been developments in the financial fortunes of the company's largest shareholder, CEMEX, as a consequence of the global financial crisis." "While the board... Type: Article Category: Mergers & Acquisitions Peruvian market grows 17% in '08 23 December 2008 be built south of Lima, Peru. According to unofficial sources, an announcement was scheduled for this month, but with the financial crisis the company has reportedly delayed the project until the second quarter of 2009. So far, few details are available... Type: Article Category: Volume & Pricing Siam Cement to target "limited-budget customers" 22 December 2008 in the first half had a flat growth, while in the third quarter it reported a significant drop of 15-20%t following the financial crisis in the US and the property industry downturn," he said. Pramote said SCG Cement would stop exporting to Europe in... Type: Article Category: Volume & Pricing EBRD buys CO2 credits from Ukrainian cement co 22 December 2008 of energy consumption and carbon emissions by more 50% through the introduction of new production technologies, The Financial reported. This is the first project under the UKEEP framework facility to benefit from a carbon finance transaction. The IF... Type: Article Category: Environment HSBC: large looming Saudi overcapacity 22 December 2008 have been awarded. The information we have on these projects is project type and value. Clearly, given the ongoing global financial crisis, it is uncertain whether announced but still unfunded projects will actually go ahead. However, we take the view... Type: Article Category: Markets & Competition HSBC: large looming Saudi overcapacity 22 December 2008 have been awarded. The information we have on these projects is project type and value. Clearly, given the ongoing global financial crisis, it is uncertain whether announced but still unfunded projects will actually go ahead. However, we take the view... Type: Article Category: Markets & trade Cimpor to reclaim land at Loul├® quarry 19 December 2008 "One of the reasons for the reduced consumption of limestone is that overall production has slowed down because of the financial crisis." A new plan has now been agreed for soil to be placed in the north-north eastern part of the cement plants... Type: Article Category: Environment Cemex lenders ok debt refinancing 16 December 2008 to complete refinancing of other debt and extend the term of the syndicated loans by January 31. The change will "give the financial flexibility needed to close the year and complete the remaining elements of our refinancing plan," Cemex said. [/PAID]... Type: Article Category: Financial China Jan-Nov output grows at 2,8% 16 December 2008 Information Technology (MIIT), experts attributed the slower growth pace to the adverse effects of the deepening global financial and economic crisis and the slowdown of growth pace of the Chinese economy. Although the growth rate has slowed down since... Type: Article Category: Volume & Pricing Cemex expects big drop in Q4 results 16 December 2008 aggregates volumes are expected to decrease by about 3% versus the same period in 2007," Mr. Rodrigo Trevino, Cemexs chief financial officer said. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Financial Four Pakistani cement co's downgraded 16 December 2008 Limited, Pioneer Cement Limited, Kohat Cement Company Limited, and Dewan Cement Limited.┬á All are suffering from elevated financial risk, according to PACRA. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Financial Four Pakistani cement co's downgraded 16 December 2008 Limited, Pioneer Cement Limited, Kohat Cement Company Limited, and Dewan Cement Limited.┬á All are suffering from elevated financial risk, according to PACRA. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly... 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