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Assuming holcim is required, the following 2003 results were found.

  1. 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
  2. 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
  3. 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
  4. 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
  5. Holcim beneficiary of $300MM Swiss-China trade deal

    Trade deals between China and Europe worth more than $300 million were signed on Thursday. Holcim was one of the beneficiaries of the agreements with an expansion of its partnership activities in China. (CW Group) Holcim expanded its partnership with...

    • Type: Article
    • Category: Markets & Competition
  6. Holcim secures CHF 400MM loan facility

    Holcim said on Thursday that it obtained a 400 million Swiss francs ($341 million) syndicated loan facility from a group of Swiss banks, with the Z├╝rcher Kantonalbank acting as the lead arranger. (CW Group) The facility has a three year term and one...

    • Type: Article
    • Category: Financial
  7. Holcim to maintain Serbia production levels

    Holcim Srbija said it produced 920.000 tons of cement at its Novi Popovac plant in Serbia during 2008. The company said that it will keep production at the same rate this year, despite softening demand. [$] (CW Group)...

    • Type: Article
    • Category: Financial
  8. Holcim acquires Italian grinding operation

    Holcim Italy acquired control and management of Micron Mineral Setramar, which operates a grinding center and distribution out of Ravenna, Italy, in earlier in January this year. [$] (CW Group) Copyright CW Group. All rights reserved....

    • Type: Article
    • Category: Mergers & Acquisitions
  9. Holcim will keep Lorca kilns shut for "many more weeks"

    Holcim Spain plans to keep the kilns at Lorca shut for "several more weeks" as the demand for cement has dwindled in Spain. Clinker production stopped at the plant a week ago. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to...

    • Type: Article
    • Category: Financial
  10. Fitch reiterates Ambuja Cement rating

    FY08, higher operating efficiencies compared to most of its peers and its strong foothold in key markets. The ownership by Holcim was also counted as beneficial. Additionally, Fitch said the ratings are "supported by the company's strong retail...

    • Type: Article
    • Category: Financial
  11. Venezuela to spread out payments to Lafarge, Holcim

    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 oil revenues is draining the country's coffers and it is now...

    • Type: Article
    • Category: Markets & Competition
  12. Lanka Cement sees interest from four investors

    investing in the plant. He said what LC is interested in is how much these firms can invest for repairs. In June last year, Holcim Lanka said it made an investment proposal to the company to restart production at KKS, or build a new one, the The Sunday...

    • Type: Article
    • Category: Mergers & Acquisitions
  13. Carpatcement business jumped 10% in 2008

    to 2008." The Romanian cement market, valuated at Ôé¼1 billion in 2008, is supplied by HeidelbergCement, Lafarge, and Holcim. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited.

    • Type: Article
    • Category: Financial
  14. India's ACC sees slowing demand, lower '08 profit

    at one of its plants in northern India for two weeks in December due to excess investories and soft demand in the region. Holcim controls 46,22% of ACC, which has 22,4 million tons of installed capacity. Copyright CW Group. All rights reserved....

    • Type: Article
    • Category: Financial
  15. Holcim shuts down kiln at Lorca plant in Spain

    Holcim has shut down production for the the third time on the last few months at its factory in Lorca, Spain. The company said that it is a temporary stoppage and no jobs are at risk for now. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content...

    • Type: Article
    • Category: Volume & Pricing
  16. Mexico producers raise cement prices

    said on Tuesday that it hiked prices in Mexico by 138 pesos per ton for gray bagged cement, due to higher input costs. Holcim Apasco and Cruz Azul have also raised prices. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access...

    • Type: Article
    • Category: Volume & Pricing
  17. Lanka Cement boosts sales with imported cement

    cement plant in Kankesanturai, in Jaffna. The firms eying the plant are said to be Indias Birla group and Ramco, and Holcim. Lanka Cement officials said they were also shipping cement to war-torn Jaffna by ship using supplies bought from Tokyo Cement in...

    • Type: Article
    • Category: Volume & Pricing

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