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Steppe Cement to raise new capital, earnings halved 14 April 2009 that it will offer 40 million shares to raise 10 million pounds in fresh capital. The company recently reported a 50% decline in 2008 profits due to weak cement demand. (CW Group) Steppe Cement, which has been impacted by a slowdown in the construction... Type: Article Category: Mergers & Acquisitions Profits of Gulf cement firms fell 35% in 2008 09 April 2009 Combined profits of Gulf-based cement companies ended 2008 with an earnings decline of 35% compared to the previous year (CW Group) Total earnings for the sector fell to $1,4 billion in 2008, compared to $2,2 billion in 2007, the report released by... Type: Article Category: Financial Lehigh Southwest Cement goes through lay-offs 08 April 2009 plant team has worked together to reduce costs and operate as efficiently and effectively as possible, the continuing decline in market demand has necessitated the company decision to effect a further production curtailment," Redding plant manager Jim... Type: Article Category: People Holcim Apasco warns sales may fall 6% in Q1 04 April 2009 second largest cement producer said that given current market conditions and demand, the outlook is for sales continue to decline. Gustavo Gastelum, a spokesman for the company stressed that over the past year cement consumption in Mexico fell by nearly... Type: Article Category: Financial Pakistan domestic sales fall, offset by exports 02 April 2009 Similarly, alone in Mar 2009, local sales fell by 28% YoY while exports increased 15% YoY resulting in an overall sales decline of 16%. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Volume & Pricing Pakistan domestic sales fall, offset by exports 02 April 2009 Similarly, alone in Mar 2009, local sales fell by 28% YoY while exports increased 15% YoY resulting in an overall sales decline of 16%. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Markets & trade Financiera y Minera sees 18% fall in 2008 sales 31 March 2009 you tried to access is only available to paid subscribers.","link":"1"}] The company blamed the results on "the 23,8% decline in cement consumption." FYM CEO Fabrizio Pedetta additionally indicated that the forecasts for 2009 see a drop in sales of 25%,... Type: Article Category: Financial Cement prices rise 1% on Moscow exchange 31 March 2009 content you tried to access is only available to paid subscribers.","link":"1"}] The index began to decline in April 2008, during which period the value declined by more than 2,4 times, NSP said. At the end of March, 39.000 thousand tons of cement... Type: Article Category: Financial Indocement profits rise, but expects sales to fall 20 March 2009 Indonesia's PT Indocement Tunggal Prakarsa, a unit of HeidelbergCement, said it expects sales to decline drop for the first time in six years as the economy slows. (CW Group) ┬áIndocement forecasts that Indonesian cement consumption will fall by 6% in... Type: Article Category: Financial Cementir: Revenues declined by 4,8% in 2008 19 March 2009 results for 2008; revenues reached 1,09 billion euros compared to a turnover of 1,15 billion at the end of 2007 - a decline of 4,8%. (CW Group) The EBITDA of the company recorded a decline of 23,7% to 209 million euros (274 million during the previous... Type: Article Category: Financial Ghana cement prices rising on devaluation 18 March 2009 Cement prices in Ghana have been rising on the decline of the cedi, forcing a rise in the cost clinker, which has been passed on to the consumers. (CW Group) Prices are said to have risen from GH┬ó8,7 to GH┬ó9,2, Joy Online. The head of communications... Type: Article Category: Volume & Pricing Carib Cement 08 net falls on FX drag, efficiency helps 18 March 2009 dollar versus the US dollar hurt the bottom line, but operating profit rose on improved efficiencies. (CW Group) "This decline [in net profits] is due primarily to the very significant increase of $213 million foreign exchange translation losses during... Type: Article Category: Financial Carib Cement 08 net falls on FX drag, efficiency helps 18 March 2009 dollar versus the US dollar hurt the bottom line, but operating profit rose on improved efficiencies. (CW Group) "This decline [in net profits] is due primarily to the very significant increase of $213 million foreign exchange translation losses during... Type: Article Category: Markets & trade Holcim Romania forecasts 10% drop in 2009 top-line 17 March 2009 Romania is expected to see turnover fall by 10% in 2009, down from 372 million euros a year earlier, on declines in construction, general manager Markus Wirth forecast. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is... Type: Article Category: Financial Cimpor 2008 profits falls 28%, but bests forecast 17 March 2009 Cimpor, Portugal's largest cement producer, reported a lower-than-expected 28% decline in 2008 net profit on Tuesday. The decline was mainly driven by a loss on its stake in Millennium bcp bank arising from a series of Portuguese cross-holdings. (CW... Type: Article Category: Financial Afrisam expects robust demand in 2009 15 March 2009 South African's Afrisam is not expecting cement demandÔÇ¿ to decline meaningfully in 2009, fueled by infrastructure projects that offset a fall in other sectors, such as the residential construction. Afrisam also said that its RSA and Tanzania projects... Type: Article Category: Volume & Pricing Anhui Conch pushes west with $175MM investment 11 March 2009 a senior Conch executive, according to SinoCast. Its cement output is expected to increase over 20%. In addition to the decline of domestic demands, rising coal price and fast growing output added pressure on cement producers last year. Conch Cement's... Type: Article Category: Plant Expansions El Salvador volumes plummet in 2008 11 March 2009 Cement consumption in El Salvador declined by 31,8% last year, according to the Salvadoran Chamber of Construction Industry (CASALCO). [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid... Type: Article Category: Volume & Pricing 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 171 172 173 174 175 176 177 178 179 180 Results 3501 - 3520 of 3604 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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