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Assuming holcim is required, the following 1999 results were found.

  1. Venezuela issues veiled threat to Holcim over suit

    A top Venezuelan lawmaker said on Thursday that Holcim's decision to sue over the country's failure to provide compensation for the expropriated assets has no legal basis and will lead to Holcim having to wait several years before being compensated....

    • Type: Article
    • Category: Mergers & Acquisitions
  2. Holcim taking Venezuela to court over failure to pay

    Holcim announced on Monday that it has initiated international arbitration proceedings against Venezuela before the International Centre for the Settlement of Investment Disputes. Holcim is seeking "full compensation" for the expropriation of its...

    • Type: Article
    • Category: Mergers & Acquisitions
  3. Holcim Romania lays off 60 workers

    Agerpres quoted Mr Markus Wirth CEO of Holcim Romania as saying that it has temporarily laid off around 60 workers out of a total of 1.400 employees in the country. [$] (CW Group) ...

    • Type: Article
    • Category: Volume & Pricing
  4. Huaxin Cement plans $585MM placement

    Saturday that it will be looking to raise 4 billion yuan ($585 million) through a private placement of China-listed shares. Holcim controls around 40% of Huaxin. (CW Group) Reuters reported that Huaxin said it will issue up to 200 million shares to as...

    • Type: Article
    • Category: Mergers & Acquisitions
  5. Holcim Indonesia said to be planning Asia acquisition

    Holcim Indonesia is reported to be planning to acquire an affiliate cement operation in the region to support exports amid contracting domestic sales. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to...

    • Type: Article
    • Category: Mergers & Acquisitions
  6. Huaxin Cement profits up 58% in 2008

    Huaxin Cement, in which Swiss cement maker Holcim holds a 39,88% stake, posted a 58% jump in net profits in 2008, boosted by increased sales. (CW Group) Huaxin's net profits rose to 460 million yuan ($67,25 million) last year, on sales of 6,34 billion...

    • Type: Article
    • Category: Financial
  7. Holcim Indonesia books record 2008 profit

    Holcim Indonesia, the countryÔÇÖs third-largest cement producer, reported on Wednesday a record profit for 2008 on stronger sales in the first half of the year and a significant drop in fuel costs in the second half. (CW Group) Holcim reported a profit...

    • Type: Article
    • Category: Financial
  8. Environmental groups fight Holcim New Zealand plant

    Environmental groups are appealing resource licenses granted to a proposed $300 million Holcim cement plant to be built near Oamaru, New Zealand. Waireka Valley Preservation Society submitted their resistance at an Environment Court hearing on Monday....

    • Type: Article
    • Category: Plant Expansions
  9. Sharaf keeps with UAE cement projects

    in teh form of a greenfield production factory of National Cement in Abu Dhabi ÔÇô which will produce 2,5 mtpa ÔÇô of which Holcim owns 25% and at the 1,6 mtpa newly-built factory owned by Cemex. Another 0,6 mtpa of additional supply will join...

    • Type: Article
    • Category: Plant Expansions
  10. EBRD backs Garadagh expansion program

    The European Bank for Reconstruction & Development (EBRD) is backing Azerbaijan's largest producer, Holcim-controlled Garadagh Cement OJSC, in its efforts to build a new #6 production line. (CW Group) The Bank reports that it is considering arranging...

    • Type: Article
    • Category: Plant Expansions
  11. Diamond Cement to build Madagascar factory

    Indigo reported. DCM CEO will be Vara Prasad with the director general being Didier Bonhomme - a former executive at Holcim Madagascar but who now acts on behalf of the Port Louis (Mauritius) registered company Mabife Invest Overseas (MIO), Indigo said....

    • Type: Article
    • Category: Plant Expansions
  12. Diamond Cement to build Madagascar factory

    Indigo reported. DCM CEO will be Vara Prasad with the director general being Didier Bonhomme - a former executive at Holcim Madagascar but who now acts on behalf of the Port Louis (Mauritius) registered company Mabife Invest Overseas (MIO), Indigo said....

    • Type: Article
    • Category: Ports & handling
  13. AfriSam to sell 2,7BN Rand bonds in South Africa

    which acquired Holcim's South African assets in 2007, said that it will issue 2,7 billion rand ($257 million) bonds to local banks to refinance existing debt.(CW Group) AfriSam, a black investor group, will start marketing the payment-in-kind bonds by...

    • Type: Article
    • Category: Financial
  14. Holcim monthballs two more US plants

    Holcim announced that it will mothball two additional cement plants in the US as well as accelerating capacity reductions worldwide to offset slumping demand. Cost cutting to continue and investments to see drastic cuts. [$] (CW Group)...

    • Type: Article
    • Category: Financial
  15. Holcim outlook gloomy after missing forecast

    Holcim provided a gloomy outlook after reporting a 54% drop in 2008 net profits on a dramatic collapse in demand worldwide. Profits missed analyst estimates and the company said that it has no plans to acquire HeidelbergCement. (CW Group) Full-year...

    • Type: Article
    • Category: Financial

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