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Cemex to cut debt by $440m with bond swap 10 May 2010 million in the swap, but investors reportedly sought higher premiums, according a Reuters report. Rodrigo Trevino, Chief Financial Officer at Cemex told reporters he was pleased with the outcome, nonetheless. He was quoted by Reuters as saying: "Its a... Type: Article Category: Financial India: Prolonged ÔÇ£lacklusterÔÇØ financial performance seen 09 May 2010 and rising costs, coupled with rapidly increasing production capacity, could mean ÔÇ£no immediate improvementÔÇØ in the financial performance of cement companies in India, said an industry review in The Economic Times on Monday. ÔÇ£LacklusterÔÇØ was how... Type: Article Category: Markets & Competition Jaypee buying defunct Zawar grinding plant 07 May 2010 is looking to commence operations this year. Jaypee Cement has an installed capacity of 25 mtpa and expects to end this financial year with a capacity of 36.5 mtpa, which is mostly concentrated in the Northern regions. By acquiring the Wadi facility,... Type: Article Category: Mergers & Acquisitions Government completes nationalization of Chimborazo 06 May 2010 be owned by indigenous communities and 10% will be owned by the workers of the cement firm. A loan from the┬á National Financial Corporation (CFN) funded the nationalization, the report said. The government says if they fail to up revenues and the... Type: Article Category: Mergers & Acquisitions Sacked whistleblower sues Holcim Philippines, officers 05 May 2010 of former internal audit head, Antonio Dumaliang. Dumaliang charges that he was wrongfully terminated after revealing some financial irregularities related to Holcim executives, according to Philippine Daily Inquirer reports. In his motion, Dumaliang is... Type: Article Category: People Berlin cement producers see bleak outlook for year 04 May 2010 over the course of the year. In March, for instance, consumption fell by 5% compared to the month last year, according to Financial AG reports, leading to what could be the lowest annual consumption in 40 years. Building permits in Germany are expected... Type: Article Category: Markets & Competition Vicat looking at improved performance in second half 04 May 2010 performance was better than the first, and that it will continue its belt tightening measures to in order to improve its financial footing.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. ┬á Type: Article Category: Financial Serbian cement makers sign alternative fuels pact 04 May 2010 has been passed to allow phased in construction of housing units. "Now there is no reason other than serious economic and financial situation in which there is a building that does not begin work on construction sites," said Dulic. Dulic blamed lack of... Type: Article Category: Environment Poor demand pulls down Indian cement prices 02 May 2010 in India have started to decline after price spurts to begin the year, as local demand has weakened. A report from the Financial Express says regions such as North and East have seen a drop of Rs 5ÔÇô7 per 50 kg bag, while the central region has... Type: Article Category: Volume & Pricing India: Work on Reliance plant may start in June 28 April 2010 to invest Rs 1,500 crore in the Chittradurga district of Karnataka to build a cement manufacturing facility, reports The Financial Express. The plant will have a production capacity of 5 million tonnes annually. Official sources have confirmed that the... Type: Article Category: Plant Expansions Cemex considering Penna acquisition 27 April 2010 I have to decide (when and to whom to divest)," Reddy said to ToI. The Hyderabad-based cement company, though it has faced financial trouble, might be worth up to $750 million according to sources. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Mergers & Acquisitions Tanzania: TPCC performance strong in 2009 26 April 2010 in turnover. ┬á (CW Group) Tanzania Portland Cement (TPCC) bucked the global economic slowdown in 2009 with strong financial results, the company reported on Monday. TPCC said that despite the global crisis it cut prices by 11%, which resulted in a... Type: Article Category: Financial Cemex mulling stake sales to trim debt 26 April 2010 off debt, Mexico's Cemex is now considering selling off minority stakes in some of its worldwide operations, a report from Financial Times said. ┬á The sell offs will enable the troubled firm to raise funds in order to cut borrowings as part of a... Type: Article Category: Financial Lafarge Zimbabwe to get $3 mm capital infusion 26 April 2010 is set to receive $3 mm from its parent Lafarge Group to help improve its operations, a report from The Herald said. The financial commitment from its mother unit would add to the US$15 million capital budget the local cement producer earmarked for... Type: Article Category: Financial Lafarge Zimbabwe to get $3 mm capital infusion 26 April 2010 is set to receive $3 mm from its parent Lafarge Group to help improve its operations, a report from The Herald said. The financial commitment from its mother unit would add to the US$15 million capital budget the local cement producer earmarked for... Type: Article Category: Markets & trade Jaypee aims for 55 mtpy output 23 April 2010 over the next six years. By end of 2011, Jaypee plans to raise cement manufacturing capacity to 35 million tons. Chief financial officer of Jaiprakash Associates, Rahul Kumar, notes that ÔÇ£to add 20MT of cement capacity, we would require an investment... Type: Article Category: Plant Expansions India: Holcim cement units book mixed results 22 April 2010 Profits at ACC slightly down, but significantly higher at Ambuja. (CW Group) Financial results at Holcim companies ACC and Ambuja Cement took different directions in first quarter of 2010, according to reports on their performance. ACC net profit fell... Type: Article Category: Financial Spanish cement consumtpion down 19.3% in Q1 22 April 2010 materials also rose 11.72% to 731, 467 tons. Cement demand fell 33% in 2009, as local builders were spooked by the global financial crisis.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Volume & Pricing India: Ambuja Cement sees higher profit 21 April 2010 Additional capacity and new clinker plans boost financial results. ┬á (CW Group) Ambuja Cement, one of IndiaÔÇÖs major cement companies, is expected to report net profits of Rs3.82 billion (equivalent to some US$86 million) for the first quarter of... Type: Article Category: Financial Pakistan cement freight subsidy policy widened 20 April 2010 increasing for the last three years, reaching 11.38 million tons in 2008-09 from 3.18 million tons in 2006-07 despite a financial crunch in world markets. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Markets & Competition 133 134 135 136 137 138 139 140 141 142 Results 2741 - 2760 of 3205 Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP Sign in Don't have any account? Create one SHOW Forgot your username/ password? 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