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Lafarge may lower 2009 sales outlook 04 July 2009 results in July. (CW Group) Bruno Lafont, CEO of Lafarge, said on Saturday that the company may present the lower global outlook when it releases its interim results at the end of July. However, Lafarge is for now keeping to its forecast made in May,... Type: Article Category: Financial Strabag cancels Cemex Austria deal 03 July 2009 pits in Austria and Hungary. The units had a total revenue of 257 million euros in 2007, Reuters said. Strabag lowered its outlook for 2009 as the global economic crisis hurt growth prospects in Russia and emerging Europe. Copyright CW Group. All rights... Type: Article Category: Mergers & Acquisitions Qatar production set to double 02 July 2009 reports that the Credit Suisse report said, ÔÇ£we highlight Saudi Arabia, Qatar, and Abu Dhabi as still having a healthy outlook, but we note that new contract awards are down 50% on average year-to-date across the GCC with the notable exception of... Type: Article Category: Markets & Competition Challenging conditions for the GCC region 01 July 2009 you tried to access is only available to paid subscribers.","link":"1"}] Credit Suisse has issued their report on the outlook of the GCC cement sector.┬á They are taking a negative outlook for the industry in the region.┬á The company expects demand for... Type: Article Category: Markets & Competition Challenging conditions for the GCC region 01 July 2009 you tried to access is only available to paid subscribers.","link":"1"}] Credit Suisse has issued their report on the outlook of the GCC cement sector.┬á They are taking a negative outlook for the industry in the region.┬á The company expects demand for... Type: Article Category: Markets & trade UAE boosts investments in infrastructure 25 June 2009 the momentum behind the projects has continued despite the issues.┬á As a result, companiesandmarkets.com has revised their outlook for industry value growth for the region for the remainder of 2009. Their report now forecasts a 6.8% industry value real... Type: Article Category: Markets & Competition UBS: Lack of value catalyst for Valderrivas 25 June 2009 [ÔǪ]We recommend to sell on value due to its good performance in terms of contribution to date this year and the weak outlook in the construction sector in Spain,ÔÇØ reports El Pais. UBS is in favor of the energy initiatives set forth by the┬á Cementos... Type: Article Category: Financial Fitch affirms HeidelbergCement rating, keeps negative outlook 22 June 2009 affirmed HeidelbergCement's credit rating and removed the company from its negative ratings watch, but kept its 'Negative Outlook'. (CW Group) Fitch kept its Long-term Issuer Default rating (IDR) at 'B', following the June 8 announcement that... Type: Article Category: Financial Controversy surrounds Georgia plant 22 June 2009 choice for buyers all over the world. Our cement is exported to Middle Eastern countries, Europe, and Africa. The future outlook looks promising. By the time the new plant is in operation, the demand will be higher.ÔÇØ PioneerÔÇÖscompetitors are... Type: Article Category: Plant Expansions Controversy surrounds Georgia plant 22 June 2009 choice for buyers all over the world. Our cement is exported to Middle Eastern countries, Europe, and Africa. The future outlook looks promising. By the time the new plant is in operation, the demand will be higher.ÔÇØ PioneerÔÇÖscompetitors are... Type: Article Category: Markets & trade Binani ratings affirmed 18 June 2009 and controlled expansion program. (CW Group) Fitch gave Binani a National Long-term rating at `A(ind)` with a Stable Outlook. The ratings affirmations reflect Binani's "strong growth in revenues, its increasing size and comfortable credit metrics on a... Type: Article Category: Financial Fitch: "No rating impact on Holcim from acquisitions" 15 June 2009 be sufficient to materially improve the groups' credit metrics and thus its ratings. The agency noted that "the Negative Outlook continues to reflect the limited headroom within the current rating and the challenges that Holcim will face in the next 24... Type: Article Category: Financial Adhunik gets rating as new plant nears completion 06 June 2009 agency has also assigned ACL's sanctioned long term project bank loans, aggregating INR4,060m, a rating of 'BB-(ind)'. The Outlook for the National Long-term rating is Stable. "The ratings benefit from the advanced stage of completion of a cement plant... Type: Article Category: Financial The current economic climate and the opportunities for cash rich cement players 05 June 2009 M&A activity could really pick up but it may be of a different nature with surprising acquirer ÔÇô target profiles. Future outlook Apart from the reasons submitted thus far, there are other important strategic considerations that may compel emerging... Type: Article Category: Features Goldman: Italy weakest cement market 05 June 2009 Goldman Sachs updated its outlook on the construction sector on Friday, upgrading Lafarge on positive exposure to emerging markets. (CW Group) Goldman also said that Lafarge would generate the highest free-cash-flow yield in the building materials sub... Type: Article Category: Markets & Competition Dalmia expects pricing pressure in 2H 01 June 2009 Dalmia, vice-president told television channel NDTV Profit, according to Reuters. "I am a little bit more cautious in my outlook because a lot of capacities is coming up in the second half of this year and from December onwards i expect a little bit of... Type: Article Category: Volume & Pricing Titan Cement Q1 falls 50%, sees more weakness 29 May 2009 are overall satisfactory," said Elias Katsikalis, analyst at Euroxx Securities. Looking ahead, the company said the US outlook continues to remain negative,┬á and it expects the demand for building materials in Greece will slow further. Southeastern... Type: Article Category: Financial FLSmidth Q1 orders plummet, to lay off 700 staff 28 May 2009 FLSmidth reported a lower than expected decline in first quarter core profits on Thursday, but reduced its sales outlook as new order bookings fell. The company also said it will cut 700 additional positions. (CW Group) The order intake amounted to DKK... Type: Article Category: Financial Canada 2009 outlook weakens further 21 May 2009 A soft US market is expected to result in a double-digit fall in Canadian cement consumption in 2009, according to a PCA forecast. (CW Group) A weakening residential sector together with soft nonresidential construction is driving a decease in Canadian... Type: Article Category: Volume & Pricing AustriaÔÇÖs Leube to expand 14 May 2009 will be fewer truck trips. And in the long term, we will be an ultra-modern factory along with the best of the world." The outlook for 2010 in Austria is good according to Zorst who said, "the construction industry is relatively well in Austria. Our... 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