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Assuming financial is required, the following 3186 results were found.

  1. Cimentos Liz says business is as usual, despite crisis

    of its plant. Production is desitined entirely for the domestic market, Portugal Digital said. The repercussions of the financial crisis hitting the world economy have not yet been experienced by the cement industry in Brazil, which continues at maximum...

    • Type: Article
    • Category: Markets & trade
  2. HeidelbergCement in "intensive talks" with investors

    is looking to divest up to 2 billion euros of assets to help pay back debt. The company now seeks complete the financial reorganization by year-end instead of by midyear, Bloomberg said. Scheifele said today the company is in discussions with all types...

    • Type: Article
    • Category: Mergers & Acquisitions
  3. Mexican official not ruling out imports to lower price

    be an approach to lower cement prices to enable afforable housing in the country. (CW Group) Moreover, due to the global financial crisis, domestic consumption of cement reported a fall of 3,6% during 2008 compared to the year prior, with 35,5 million...

    • Type: Article
    • Category: Markets & Competition
  4. Heidelberg confirms forecasts, lowers dividend

    reduction in dividend. (CW Group) The board proposed dividend of 0,12 euros (previous year: 1,30 euros ) per share for the financial year 2008, HeidelbergCement said in a statement. HeidelbergCement met its forecasts for 2008 consolidated turnover and...

    • Type: Article
    • Category: Financial
  5. Cemex US obtains environmental certification

    energy management and a commitment to save energy across its entire operation that resulted in significant energy and financial savings," the company said in a statement on Thursday. Cemex lowered its total energy use equal to reducing 115.000 metric...

    • Type: Article
    • Category: Environment
  6. Holcim Indonesia said to be planning Asia acquisition

    Indonesian unit said in a March 10 earnings statement that it postponed expansion at its Tuban plant because of the global financial crisis. The company last year bought a cement grinding mill at Ciwandan in West Java and a quarry in East Java, the...

    • Type: Article
    • Category: Mergers & Acquisitions
  7. Devnya Cement postpones expansion

    it will postpone a new cement factory worth some 500 million levs ($326,4 million) by 10 to 14 months, due to the global financial crisis, Forbes reported.

    • Type: Article
    • Category: Plant Expansions
  8. Mexico production falls in 2009

    of the three at the plant. He also said that on April 6 the plant will have a 20 day shutdown as a result of the global financial crisis. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited.

    • Type: Article
    • Category: Volume & Pricing
  9. CRH may be looking to spend Ôé¼4BN on acquisitions

    raising effort in 2001. "Together with Ôé¼1,6 billion of free cash flow to pay down debt and fund acquisitions, we see no financial reason why CRH could not acquire Ôé¼3 billion of businesses, if available," said UBS. "Indeed, we would conclude from...

    • Type: Article
    • Category: Mergers & Acquisitions
  10. Argos on look-out for international opportunities

    Argos has a 51% market share in Colombia and operations in the U.S., Panama, Dominican Republic and Haiti. Despite the financial crisis, Argos still sees opportunity in the U.S. market, although it currently may not be as attractive as the other three,...

    • Type: Article
    • Category: Mergers & Acquisitions
  11. Italcementi in defensive mode for 2009

    results only in the second half of the year, they said in a conference call with analysts, Reuters said. Industrial and financial investments will be cut by 200 million euros ($253 million) in 2009 from 980 million in 2008, Italcementi said. "We reduced...

    • Type: Article
    • Category: Financial
  12. Cemex cancels bond plans, forced to negotiate with banks

    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
  13. Anhui Conch to spend $2,9BN on expansion

    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
  14. Cemex said to delay $500MM bond sale

    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,  Cemex will reassess the bond sale plan on March 9, the person familiar said to Bloomberg....

    • Type: Article
    • Category: Financial
  15. Cemex bond sale facing doubts on weak demand

    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
  16. Shree raises cement bag prices

    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
  17. ACC sees robust demand, to go ahead with new plants

    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
  18. CRH to raise Ôé¼1,24BN to fund acquisitions

    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
  19. Vicat details 2008 financials, declines '09 forcast

    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
  20. 2009 cement production to fall in Russia and CIS

    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

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