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Cemex cancels bond plans, forced to negotiate with banks 09 March 2009 now is trying to renegotiate $14,5 billion of debt held by its banks. Cemex said asset sales are also central to achieving financial stability. (CW Group) "Cemex has initiated discussions with its core banks to renegotiate the majority of the company's... Type: Article Category: Financial Anhui Conch to spend $2,9BN on expansion 08 March 2009 on expansion rather than domestic acquisitions, Guo said. Still, the company is looking for overseas purchases amid the financial crisis that has made possible targets cheaper, he said, without elaborating. Copyright CW Group. All rights reserved.... Type: Article Category: Plant Expansions Cemex said to delay $500MM bond sale 06 March 2009 on Friday. (CW Group) The issuance which is to help refinance $4,1 billion of debt coming due in 2009 was delayed as the financial markets crumbled. However,┬á Cemex will reassess the bond sale plan on March 9, the person familiar said to Bloomberg.... Type: Article Category: Financial Cemex bond sale facing doubts on weak demand 05 March 2009 But investors in New York had expected the company to be ready to issue as early as this week, the Guardian said. Instead, financial markets were filled with talk the company would have to pay too much interest to bring the deal to fruition, and may... Type: Article Category: Financial Shree raises cement bag prices 04 March 2009 told television channel CNBC-TV18. Costs will also pressure the company's margins in the fourth quarter of the current financial year, he added according to Reuters. Shree Cement has passed on the benefit of excise duty cut on bulk cement to its... Type: Article Category: Volume & Pricing ACC sees robust demand, to go ahead with new plants 03 March 2009 construction of individual homes in the semi-urban and rural areas," J Datta Gupta, chief commercial officer of ACC told Financial Chronicle. He added that various ongoing infrastructure projects too have raised demand for cement. The company reported... Type: Article Category: Markets & Competition CRH to raise Ôé¼1,24BN to fund acquisitions 03 March 2009 pre-tax profits of 1,6 billion euros. (CW Group) The Irish company plans to take advantage of rivals selling assets in financial distress, Chief Operating Officer Albert Manifold said. CRH has a "strong preference" for assets in Western Europe and the... Type: Article Category: Mergers & Acquisitions Vicat details 2008 financials, declines '09 forcast 02 March 2009 an 18% decrease in net profits for 2008, hit by declining sales and prices, a rise in energy costs and an increase in financial expenses on a higher debt-load. (CW Group) The group said it will not to be able to provide a forecast for the financial year... Type: Article Category: Financial 2009 cement production to fall in Russia and CIS 25 February 2009 Cement volumes in Russia and the former Soviet states will fall in 2009 as the impact of the global financial crisis hits the region hard according to a report by market research company PMR. Nevertheless, 10 million tons of new capacity is expected to... Type: Article Category: Markets & Competition India cement prices to fall on lower excise tax 24 February 2009 Bulk cement constitutes less than 8 per cent of our total sales," The Hindu Business Line reported. J. Datta Gupta, Chief Financial Officer, ACC, said "as per our rough estimate prices should come down by Rs 3 to 4 per 50 kg, but we are not clear... Type: Article Category: Volume & Pricing Siam City Cement Q4 falls by a quarter 23 February 2009 results were soft, with sales plunging 21% resulting in a net loss. (CW Group) "Although the repercussions from the financial crisis caught many in the business community by surprise, Siam City Cement with its strong balance sheet and competent... Type: Article Category: Financial India: Price per bag drops INR3 over last 10 mo's 22 February 2009 He said that during the period, production of cement has increased by 7,38% compared to the same period in the previous financial year, Press Trust of India reported. Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Volume & Pricing Lafarge Q4 profit sharply lower, announces rights issue 20 February 2009 to manage costs and capital spending, with a strong focus on cash flow generation. In the context of an unprecedented financial and economic environment, our objective is to rapidly reduce our debt in 2009. The action plan we are announcing today,... Type: Article Category: Financial Lafarge Malaysia net profits rise on higher prices 19 February 2009 reported revenue RM641,3 million - a rise of 18,2%. However, the company said 2009 will be challenging as the global financial crisis and economic slowdown is likely to affect economic growth in Malaysia. "With the expectation of lower construction... Type: Article Category: Financial Kenya demand surges 36%, but outlook weak 18 February 2009 is expected to drop as donor countries scale down developmental loans awarded to poor nations due to the ongoing global financial crisis. "We have seen a very vibrant year, but with the downward revision of the projected GDP growth this year, demand for... Type: Article Category: Volume & Pricing Deripaska not planning on selling Strabag stake 18 February 2009 hit by a slump in Russian share prices since their May peak. He has already been forced to divest some assets during the financial crisis, such as his 9,99% stake in German builder Hochtief and a 20% stake in Canadian auto parts maker Magna. Copyright... Type: Article Category: Mergers & Acquisitions Lucky Cement reports Rs 1,93BN Jun-Dec 08 profit 18 February 2009 Cement has announced that it generated a profit of Rs 1,938 billion for the June - December 2008. (CW Group) According to financial results in Pakistan on Monday, the earning per share of the country's largest cement producer stood at Rs 5,99 as the... Type: Article Category: Financial Tangshan Jidong may buy stake in rival 17 February 2009 Jidong may buy 170 million shares from shareholder Yao County Cement Factory, Qinling said in a statement, without giving financial details, according to Bloomberg. The transaction would make Tangshan Jidong the largest shareholder in Qinling. Jidong is... Type: Article Category: Mergers & Acquisitions Venezuela to spread out payments to Lafarge, Holcim 11 February 2009 Financial officials representing the Venezuelan government are reported to be "discussing the possibility" of initially making only a partial payment as compensation to Lafarge and Holcim, whose Venezuelan operations were expropriated in 2008. Falling... Type: Article Category: Markets & Competition Italcementi & CimFra outlook revised to Negative 11 February 2009 are capped by those on its parent," said Ms. Gromer. "The negative outlook reflects our expectation that the group's financial credit metrics remains stretched for the 'BBB' rating over the next 12-18 months," said Ms. Gromer. "We are concerned that... Type: Article Category: Financial 151 152 153 154 155 156 157 158 159 160 Results 3101 - 3120 of 3195 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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