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Siam Cement says 2009 outlook bleak 28 January 2009 Siam Cement, Thailand's biggest industrial conglomerate, reported an October-December loss of 3,5 billion baht ($100 million), versus a profit of 5,8 billion baht last year. The company has postponed projects with longer paybacks. (CW Group) The loss... Type: Article Category: Financial Cemex announces successful refi of $4BN debt 28 January 2009 Cemex announced that it has refinanced $4,0 billion of debt, effectively extending maturities from 2009 and 2010 to 2011. Outlook brightens, but issues remain. (CW Group) Gonzalo Fernandez, analyst at Santander in Mexico, said in an update to clients:... Type: Article Category: Financial Arab output falls short of capacity, will grow by 65% 27 January 2009 if we have cement surplus in one or two years, we will face a big problem," he warned. However, he remained silent on the outlook for cement prices in view of the projected surplus production. Highlighting that there was a drop in exports from Arab... Type: Article Category: Markets & Competition Fitch negative on European construction sector 26 January 2009 Fitch Ratings said that its 2009 credit outlook for European Building Materials (EBM) companies is "negative," as difficult trading conditions in some markets are likely to negatively impact cash flows. Fitch said this will pressure ratings, "at a time... Type: Article Category: Markets & Competition Fitch negative on European construction sector 26 January 2009 Fitch Ratings said that its 2009 credit outlook for European Building Materials (EBM) companies is "negative," as difficult trading conditions in some markets are likely to negatively impact cash flows. Fitch said this will pressure ratings, "at a time... Type: Article Category: Shipping & logistics TPI Polene expects profits, flat market in 2009 20 January 2009 to a net profit this year," he said to Reuters, pointing to lower prices for coal used in cement production. On the market outlook for 2009, Prachai said he expected domestic cement consumption to hold at last year's 30 million tons due to increasing... Type: Article Category: Financial Moody's downgrades Texas Industries 13 January 2009 facilities to 'Ba1' from 'Ba3' and lowered its $550 million senior unsecured notes to 'B2' from 'Ba3,' said the AP. The outlook was revised to "Stable" from "Negative." The downgrade reflects weak demand, lower earnings expectations and weaker credit... Type: Article Category: Financial Credit Suisse cuts Holcim target 13 January 2009 Tuesday on Credit Suisse reducing its price target for the shares to 41 francs from 55 francs, citing an "extremely bleak" outlook for the cement industry in 2009. (CW Group) "Not surprisingly, we expect cement demand to deteriorate materially across... Type: Article Category: Financial Lafarge CEO: "We want to be part of the growth in Indian construction activity" 12 January 2009 Bruno Lafont, Chairman and CEO of Lafarge, discussed the companyÔÇÖs outlook on India in a recent interview; Lafarge is looking to gradually expand its Indian operations. (CW Group) In an interview with the Business Standard, he said that low per... Type: Article Category: People CRH sees Ôé¼1,6Bn pre-tax profits, challenging outlook 06 January 2009 CRH said that it expects to deliver pre-tax profits of over Ôé¼1,6 billion for 2008, in line with estimates. The outlook, however, is challenging. (CW Group) "We anticipate a lesser reduction in earnings per share as a result of share buyback and the... Type: Article Category: Financial S&P outlook on Holcim changed to "Negative" 28 December 2008 S&P revised its outlook for Holcim Ltd and the related entities of US-based Holcim Inc and Canada-based St. Lawrence Cement Inc from stable to negative last week. (CW Group) The BBB+ long-term corporate credit ratings on all three companies, the A-2... Type: Article Category: Financial Cemex to sell UAE ready-mix ops 22 December 2008 MEED reported. The newspaper added that Cemex has has appointed Citigroup to advise on the sale and follows a deteriorating outlook for construction sector in the United Arab Emirates. Cemex started its UAE operations in March 2005, when it acquired the... Type: Article Category: Mergers & Acquisitions Ukraine cement industry sees bleak future 21 December 2008 The cement demand outlook for the Ukraine is bleak and several cement companies in the country have already reduced output. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid... Type: Article Category: Markets & Competition US "construction markets is one of the worst ever" 16 December 2008 Mr. Gonzalo Fernandez with Santander highlighted the dire outlook for the US and Florida cement markets in a recent research note to investors. (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid... Type: Article Category: Markets & Competition Lafarge Malaysia clocks 45% jump in profits 16 November 2008 in the prices of coal, diesel and electricity," the company said in its filing with the Malaysia stock exchange.┬á On the outlook for the rest of the year, Lafarge stated that demand for cement in Malaysia in the second half year was likely to be flat... Type: Article Category: Markets & trade Mixed outlook for Cemex in 2009 04 October 2008 Cemex will see about 6% lower sales volumes in the US, Spain and the UK in 2009. Mexican demand is expected to be stable with a volume growth between 2 and 5%. (CW Group) Heavily exposed to the California, Arizona and Florida markets in the US, which... Type: Article Category: Financial Cementir falls on analyst recommendation 23 September 2008 a "reduce" recommendation.(CW Group) The recommendation also had a price target of 3.3 euros and highlighted a negative outlook for cement demand in┬áthe┬ácompany's core markets, reports Bloomberg News. Copyright CW Group. All rights reserved.... Type: Article Category: Financial World Oil Well Cement Markets & Outlook 06 April 2016 of oil well cement used (by geography), as well as price trends. The forecast provides worldwide oil well cement market outlook, regional market shares, demand, imports, exports and types of oil well cement used, as well as price trends. CW Research’s... Type: Product Global Cement Volume Forecast Report (GCVFR) on projections for cement volumes on a national, regional and global level. The forecast provides global and regional outlooks, as well as detailed perspective on 57 of the world’s most important countries’ cement consumption, production, net-trade and... Type: Product Global Cement Volume Forecast Report (GCVFR) on projections for cement volumes on a national, regional and global level. The forecast provides global and regional outlooks, as well as detailed perspective on 57 of the world’s most important countries’ cement consumption, production, net-trade and... 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