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Assuming investment is required, the following 5484 results were found.

  1. Cemex sees fall in '09 volume, but will pay down debt

    I know our debt is too high and the maturities too tight," Zambrano told analysts during a webcast. "That cost us our investment grade rating," Reuters reported. Cemex' domestic cement and ready-mix volumes in Mexico are expected to fall by about 5% and...

    • Type: Article
    • Category: Financial
  2. Investor interest in Schwenk's new Ohorongo plant

    are said to be interested in acquiring a stake in Ohorongo Cement, the German-owned cement factory at Otavi, Namibia. Investment representatives recently visited Germany for presentations of the companyÔÇÖs cement plant at Otavi and to review Schwenk's...

    • Type: Article
    • Category: Mergers & Acquisitions
  3. Cemex to cut investments by $200MM

    Executives at Cemex said last week on an analyst conference call that the company will cut its investment and expansion budget by $200 million in 2009. (CW Group) In 2008, Cemex spent spent $650 million on investments, less than the $850 million it had...

    • Type: Article
    • Category: Financial
  4. Semen Gresik scales back power plant project

    Soetjipto said to Reuters. "Previously we planned to build 10 units of power plants with a capacity of 410 MW with an investment of $573 million in Tuban, Indarung and Tonasa. We will build only two new power plants in South Sulawesi with a capacity of...

    • Type: Article
    • Category: Plant Expansions
  5. Fitch negative on European construction sector

    diversification as akey rating driver. It should help to mitigate risks related to downturns in construction spending as investment cycles may vary from market to market. Among Fitch-rated entities, Holcim and Lafarge are deemed by Fitch to have...

    • Type: Article
    • Category: Markets & Competition
  6. Fitch negative on European construction sector

    diversification as akey rating driver. It should help to mitigate risks related to downturns in construction spending as investment cycles may vary from market to market. Among Fitch-rated entities, Holcim and Lafarge are deemed by Fitch to have...

    • Type: Article
    • Category: Shipping & logistics
  7. S&P cuts Cemex' debt to "junk"

    Ratings agency Standard & PoorÔÇÖs cut its credit rating on Cemex to below investment grade saying the companyÔÇÖs earnings will be hurt by slowing economies in the US, Mexico and Spain. The rating may be cut further following a review, S&P said. (CW...

    • Type: Article
    • Category: Financial
  8. Mexican President inaugurates Cemex wind farm

    power production capacity, to be consumed mainly by Cemex, the company said in a statement. The wind farm represents an investment of $550 million and is being build the Spanish company ACCIONA. It is the largest wind power generation project in Latin...

    • Type: Article
    • Category: Environment
  9. Holcim Apasco pushing ahead with Hermosillo plant

    Holcim Apasco in Mexico continuing investments in its new cement plant in Hermosillo, Sonora, Mexico. The total investment is $400 million, of which $200 million will be invested in 2009. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you...

    • Type: Article
    • Category: Plant Expansions
  10. Vicat gets financing for Kazakhstan plant

    Banca Intesa. Maturities are 10 and 7 years respectively, the company said in a statement. IFC has also made an equity investment in this project, initiated by Vicat and its local partner Kazkommerts Invest, by taking a 10% stake in Jambyl Cement...

    • Type: Article
    • Category: Financial
  11. Analyst: GCC cement sector holds promise

    Despite the current downturn in the GCC real estate and building sectors, the Gulf cement sector offers good long-term investment opportunities, according to a local analyst firm. (CW Group) According to a recent report released by Alpen Capital (ME),...

    • Type: Article
    • Category: Financial
  12. Votorantim committed to 2009 investments

    [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] The investments demonstrate that Votorantim is not facing any kind of difficulty and is doing very well, he said according to Campo...

    • Type: Article
    • Category: Financial
  13. Q&A with Al-Rasheed, CEO of Yamama Cement

    to be lifted very soon. That will help us move our production levels closer to capacity. But we are also looking for new investment opportunities. Our finances are healthy and we believe that the prospects for Saudi Arabias construction industry remain...

    • Type: Article
    • Category: People
  14. Q&A with Al-Rasheed, CEO of Yamama Cement

    to be lifted very soon. That will help us move our production levels closer to capacity. But we are also looking for new investment opportunities. Our finances are healthy and we believe that the prospects for Saudi Arabias construction industry remain...

    • Type: Article
    • Category: Markets & trade
  15. FLSmidth cuts 600 workers in Denmark, US

    FLSmidth announced on Monday that it will lay off 600 employees due to the economic slump and declining investment levels in both the cement and minerals industries. (CW Group) "Despite a historically high order backlog FLSmidth therefore considers it...

    • Type: Article
    • Category: Financial
  16. Holcim Romania to invest Ôé¼33MM in business in 09

    Holcim Romania will allocate about 33 million euros for investment projects this year and will continue work on a control center for the Campulung plant and in a  cement terminal in Bucharest. (CW Group) "In 2009 we will continue to invest in our...

    • Type: Article
    • Category: Financial
  17. IFC extends $16MM loan to cement trading co

    the integration of local economies," said Michael Essex, IFC director for the Middle East and North Africa. "This investment supports a Jordanian company that is a leader in the global cement shipping and trading industry." Mazem Dajani, CEO of CTI,...

    • Type: Article
    • Category: Financial
  18. Private equity firms said to be eying Heidelberg stake

    a bid, possible together with U.S. buyout firm TPG. French buyout firm PAI Partners may also be considering a separate investment, the newspaper said. The Financial Times added that Bain Capital is also looking at an investment. HedielbergCement's...

    • Type: Article
    • Category: Mergers & Acquisitions
  19. Holcim to reduce costs, investments in 2009

    Holcim said on Thursday that it would focus on improving cash flow in 2009, by cutting back its investment plans, but would benefit from government projects. (CW Group) In slides at analyst conferences the company said that one of its main goals is to...

    • Type: Article
    • Category: Financial
  20. UAE PM receives Lafarge CEO Lafont

    base of cooperation with France, calling on the French businesspersons to invest in the UAE, which has variety of investment opportunities. Separately Lafont said "we are in a period of high uncertainty compared to a year ago, but we will not change any...

    • Type: Article
    • Category: People

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