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Fitch downgrades HeidelbergCement's debt 11 March 2009 was also downgraded. (CW Group) Fitch's latest forecast assumptions for HeidelbergCement include a potential mid-teen decline in revenue in 2009 and a flat performance in 2010, as well as deteriorating EBITDA margins in 2009 before recovering slightly... Type: Article Category: Financial Mexico production falls in 2009 10 March 2009 Francisco Hernandez Arroyo, the director at Cemex' plant in Torreon, Mexico, said that the country has seen a decline of 7% in cement production this year. He also said the plant will shut down temporarily in April. [$] (CW Group)... Type: Article Category: Volume & Pricing Siam Cement '09 strategy: focus on Africa & ME exports 09 March 2009 SCT, the trading and export arm of Thailand's Siam Cement Group, said the decline in exports will keep total sales for this year somewhere between 0% and 5% below last year's figure of Bt70 billion, managing director Kalin Sarasin said. [$] (CW Group)... Type: Article Category: Markets & Competition Siam Cement '09 strategy: focus on Africa & ME exports 09 March 2009 SCT, the trading and export arm of Thailand's Siam Cement Group, said the decline in exports will keep total sales for this year somewhere between 0% and 5% below last year's figure of Bt70 billion, managing director Kalin Sarasin said. [$] (CW Group)... Type: Article Category: Markets & trade Ciments Francais net plummets 44% in 2008 05 March 2009 Italcementi-controlled Ciments Francais reported a 44% decline in 2008 net profits and said that the company expects 2009 to be another difficult year. Emerging market segment only ray of light in the fourth quarter last year. (CW Group) Net profits... Type: Article Category: Financial Holcim outlook gloomy after missing forecast 04 March 2009 analyst estimates and the company said that it has no plans to acquire HeidelbergCement. (CW Group) Full-year profits decline to CHF 1,8 billion, below the average estimate of CHF 1,9 billion according to a Reuters poll. Holcim said that full-year... Type: Article Category: Financial China's cement demand to grow 6,3% in 2009 02 March 2009 and Reform Commission, China Daily. The expected consumption growth in those sectors is likely to offset the demand decline caused by the slumping real estate industry, Guo said at a cement forum in Shanghai on Monday. Under the government's... Type: Article Category: Markets & Competition Molins reports a fall in profits of 8% for 2008 28 February 2009 Molins saw a 2008 consolidated net profit of 108,5 million euros, 8% less than in 2007. Turnover also experienced a slight decline, reaching 804,6 million euros, 1,4% less than the year before the company reported. The group invested 168 million euros... Type: Article Category: Financial Lafarge Bamburi profit drop 11%, to build 3rd plant 26 February 2009 billion from Sh3,8 billion for the same period in 2007, Managing Director Hussein Mansi said. Mansi largely attributed the decline to a rise in costs in fuel, electricity and transport. Revenues rose 24% to Sh27,5 billion on the back of strong sales... Type: Article Category: Financial East African posts loss on FX costs, fuel costs 26 February 2009 said in a statement. "The cost of sales went up by 5 percent compared with the same period last year, which led to a decline in operating profit of 6 percent," the company said. The company's cash position was also below the previous year, mainly due to... Type: Article Category: Financial China: 82MM tons produced in Jan 25 February 2009 The average price of cement in Zhejiang, Shandong, Hebei and Jiangsu and other major cement-producing provinces saw a small decline last month, according to the China Building Materials Association, China Daily reported. Average factory-gate prices in... Type: Article Category: Volume & Pricing Belarus cement output rose 6,5% in Jan 24 February 2009 the largest drop in production occurred in the ceramic tile (-71,9%) and brick (-23,7%) segments, NSP wrote. Despite the decline in production of cement around the world, Belarusian enterprises, by contrast, have increased their production. As a result,... Type: Article Category: Volume & Pricing Dyckerhoff Ukraine production to slow 20% in 2009 21 February 2009 General of Dyckerhoff Ukraine made the statement to Interfax, NSP reported.┬á "2009 will be difficult, and we predict a decline in output at the Ukrainian cement plants belonging to the group of approximately 20% compared to 2008", he explained. He also... Type: Article Category: Markets & Competition Lafarge Jordan profits flat, sees demand slowing 17 February 2009 profit in 2008, which is roughly the same as last year. (CW Group) The company said in a statement that despite a 4% decline in cement demand due to lower construction activity, the company grew sales by 24,4% to JD321 million. However, the company's... Type: Article Category: Financial SCG may take stakes in co's with excess capacity 17 February 2009 closing during the crisis since SCG had delayed all new investment projects. (CW Group) The crisis has resultedin a sharp decline in demand, leaving many industrial firms with excess capacity, said SCG president and CEO Kan Trakulhoon. On the sidelines... Type: Article Category: Mergers & Acquisitions Construction of Mali plant breaks ground 14 February 2009 have a production capacity of on million tons of cement per year, PANA reported. The cost of cement in Mali is expected to decline from the current price of 140.000 CFAF to 80.000 CFAF per ton once the plant starts producing. Mali spends 100 billion... Type: Article Category: Plant Expansions Continental Cement to reduce headcount by 71 11 February 2009 weeks when the plant shuts down for maintenance on March 15. (CW Group) The layoffs are the company's first due to a sales decline in more than a quarter-century, the Hannibal Courier-Post reported. "Right now, the economy is killing us," said... Type: Article Category: People Vulcan net sales fell 6% in last quarter of 2008 10 February 2009 by limiting operating hours, streamlining our work force, and focusing on production efficiencies in the face of a sharp decline in demand for our products." James added, "aggregates demand and our shipments have declined for three consecutive years.... Type: Article Category: Financial Brazil cement sales fall 1,7% in January 09 February 2009 to access is only available to paid subscribers.","link":"1"}] The largest drop occurred in the Midwest Region, which saw a decline of 6%. In January 406.000 tons of cement were sold there versus 432.000 tons in January last year. The South East... Type: Article Category: Volume & Pricing HeidelbergCement sees uncertain 2009, looking for investors 09 February 2009 in part by asset sales and the purchase of Hanson. Company revenues climbed 30% to 14,2 billion euros, but the company declined to provide an outlook for 2009. Debt further downgraded by Moody's. (CW Group) "The good results in 2008 are attributable to... Type: Article Category: Financial 170 171 172 173 174 175 176 177 178 179 Results 3481 - 3500 of 3566 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? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. 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