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Venezuela to spread out payments to Lafarge, Holcim 11 February 2009 Financial officials representing the Venezuelan government 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... Type: Article Category: Markets & Competition Italcementi & CimFra outlook revised to Negative 11 February 2009 are capped by those on its parent," said Ms. Gromer. "The negative outlook reflects our expectation that the group's financial credit metrics remains stretched for the 'BBB' rating over the next 12-18 months," said Ms. Gromer. "We are concerned that... Type: Article Category: Financial Lanka Cement sees interest from four investors 08 February 2009 a decade, due to the war in the region. Another LC official said the LC management is more interested in technical and financial corporation with a foreign party rather than a joint venture. "This is because LC can retain its profits in the country,"... Type: Article Category: Mergers & Acquisitions Carpatcement business jumped 10% in 2008 06 February 2009 that the company is continuing the capacity expansion program that was started last year, in spite of the impact of the financial crisis on the construction market, the newspaper said. "For now, we are not foreseeing a revision in our 2009 investment... Type: Article Category: Financial Cemex sees fall in '09 volume, but will pay down debt 04 February 2009 market for Cemex not expected to fall in 2009. (CW Group) Lorenzo H. Zambrano, Cemex Chairman and CEO, said: "The global financial and economic crisis has presented CemexÔÇöand ou$r industryÔÇöwith unprecedented challenges. Nevertheless, we remain... Type: Article Category: Financial Italcementi 2008 revenues rise, but 4Q falls 04 February 2009 revenues decreased to 1.356,2 million euros (-2,3%), reflecting the slowdown in sales volumes as the effects of the financial crisis on the real economy worsened, especially in a virtually all mature countries. The downturn was countered by healthy... Type: Article Category: Financial Dyckerhoff outlook for 2009 bleak 02 February 2009 growth falters. (CW Group) "The outlook for 2009 deteriorated considerably toward the end of 2008 as a result of the financial and economic crisis," the Dyckerhoff said on Monday. Dyckerhoff is said it will not achieve "sales at the level of 2008... Type: Article Category: Financial UK net decline "worst of any of Cemex' operations" 01 February 2009 Cemex latest financial report showed that its Surrey-based UK operations saw its fourth quarter EBITDA fall to a ┬ú13,4 million ($19,1 million) loss. For the full year the decline was 72%, the worst of any of CemexÔÇÖs operations. (CW Group) Fourth... Type: Article Category: Financial Cimpor downgraded to one notch above "junk" 01 February 2009 level before reaching "junk" status. The ratings agency also said that the rating is under negative watch due to the "weak financial profile" of the company. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only... Type: Article Category: Financial Semen Gresik enlists Credit Suisse for expansion 31 January 2009 company should go ahead with its overseas expansion plans, in about one month, The Jakarta Post reported. "We have hired a financial advisor, which is Credit Suisse, to study this plan," Dwi said. The expansion plan, initially covering countries in... Type: Article Category: Mergers & Acquisitions Qatar to import cement from Saudi Arabia "soon" 30 January 2009 lead to price stability in Qatar. Al Sulaiti said that Qatari prices are stable at QR250 per ton. He added that the global financial crisis has had no impact on the local market since companies are still buying and no defaults in payments have so far... Type: Article Category: Markets & Competition Semen Gresik scales back power plant project 30 January 2009 plants in South Sulawesi with a capacity of 70 MW and investment of $114 million." Reuters said that the firm's chief financial officer Cholil Hasan said that after the revision the allocated fund for capital expenditure until 2012 was reduced to $1,4... Type: Article Category: Plant Expansions Cemex posts first quarterly loss in at least a decade 29 January 2009 resiliency in most of its markets, the company said in a statement. Cemex blamed the drop on lower sales and losses on financial instruments. Hector Medina, Executive Vice President of Planning and Finance, said: "The year 2008 was one of extraordinary... Type: Article Category: Financial Lafarge fast-tracking new $200MM Malawi plant 29 January 2009 News wrote. Kanyuka said "Lafarge still regards the Malawi project as a priority during this time of the global financial meltdown. Depending on the results of the ongoing analysis [of the Balaka limestone deposit], Lafarge will make an announcement on... Type: Article Category: Plant Expansions Cemex announces successful refi of $4BN debt 28 January 2009 assets valued at $2,0 billion in order to further reduce its debt. If successful, this should contribute to lowering the financial pressure on the company, the report added. Nevertheless, current market conditions make the selling of assets at a good... Type: Article Category: Financial Arab output falls short of capacity, will grow by 65% 27 January 2009 Arab region might yet again become a net exporter, as before 2005, but that this was dependent on the duration the present financial crisis. "The nominal (installed) production capacity in the Arab world currently stands at 182 million tons, while the... Type: Article Category: Markets & Competition Cemex doubling asset sales to $2BN 27 January 2009 will use proceeds to reduce outstanding debt. (CW Group) Lorenzo Zambrano, Cemex' chairman and chief executive, told the Financial Times that the company is expanding its efforts to divest $1,1 billion of non-core assets. The company is now targeting... Type: Article Category: Mergers & Acquisitions Holcim Philippines may shut 3 more lines 25 January 2009 "It will not result in retrenchment," he said. Holcim Philippines had imposed temporary shutdowns during the 1997 Asian financial crisis, Mr. Sahagun said, with each halt stretching on for up to two months. "It will depend on how things will be, if we... Type: Article Category: Markets & Competition Holcim closes Misamis Oriental plant 23 January 2009 one lost their jobs," Thackwray said┬á to GMA. "The reason is the fall in domestic demand for cement, which predates the financial crisis and was primarily driven by a slowdown in government infrastructure spending," Thackwray said. The facility could... Type: Article Category: Markets & Competition TPI Polene expects profits, flat market in 2009 20 January 2009 6,2 billion baht ($178 million) in debt left over from when the company ran into trouble due to the 1997-98 Asian financial crisis, Reuters said. He said he aimed to halve the company's debt financing costs to around 4 percent, which would help TPI... Type: Article Category: Financial 146 147 148 149 150 151 152 153 154 155 Results 3021 - 3040 of 3090 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? 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