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Uganda: Irregularities seen in Dura cement deal 22 March 2012 in Kampala. The lack of due diligence the investigators noted leaves the government in the dark as to whether they had the financial capability to meet their contractual obligations. As a result they have called for a further probe of the people behind... Type: Article Category: Markets & Competition Sibtsem returns to pre-crisis production levels in Russia 21 March 2012 the report said. Further growth was expected of the cement market. However, the situation has changed since the global financial crisis. Construction output began to decline. In the 2010 and 2011 period, there was a rise in the capacity of the cement... Type: Article Category: Markets & Competition Lafarge extends syndicated credit facility 20 March 2012 of 3.4 billion euros. The average maturity of all lines was 2.8 years, and these lines have no default clause related to financial covenants in credit ratings or a Material Adverse Change (MAC). Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Financial Egyptian gov't moves to prevent monopoly in cement sector 20 March 2012 coupled with soaring production costs. Up to 83 percent of the countryÔÇÖs cement plants have shut down last year due to financial difficulties. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Markets & Competition Cuba's Cienfuegos encounters difficulties 16 March 2012 80 percent of the planned amount due to low acquisitions of materials from Nightjar. The company also suffered economic, financial and technical difficulties among others. Previously, the companyÔÇÖs director, Orlando Torres Lopez said that it is... Type: Article Category: Markets & Competition Iranian grain stockpiles grow 16 March 2012 currencies to work around toughened sanctions and avoid social unrest. Food shipments are not targeted under sanctions but financial measures have frozen Iranian firms out of much of the global banking system. Since the New Year, some vessels sailed... Type: Article Category: Markets & trade Kenyan ports seen as inefficient 15 March 2012 also need to be upgraded. To finance the projects the government could turn to international donors and from international financial lenders, such as the World Bank and the African Development Bank, to improve the transport infrastructure. The... Type: Article Category: Ports & handling Bahrain tells cement makers to keep supplies steady 14 March 2012 For its part, the government says it wants cement firms to work together, and warned them not to manipulate prices for financial gain or face consequences, the report said.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution... Type: Article Category: Markets & Competition Hope for Dangote's Cameroon project 14 March 2012 Minister Philemon Yang told Reuters, asking not to be named. Dangote started work on the 1.5 million ton plant in the financial capital Douala in September with an eye to finishing the project within 18 months, but construction was halted after... Type: Article Category: Plant Expansions Goldman Sachs sees flat growth for China market this year 13 March 2012 Sachs has lowered its projection of mainland cement demand this year, from 8% to 5%, similar to the 2008 financial crisis, the lowest level in the past 10 years. It also lowered cement production growth forecast from 6% down to 2%. Goldman Sachs says... Type: Article Category: Financial NewLead Holdings advances with debt restructuring plan 13 March 2012 bulk vessel, the 1990-built "Newlead Esmeralda". The sale of these vessels was conducted as part of the Company's overall financial restructuring plan. Following the successful completion of sale of the five vessels, the net sales proceeds have been... Type: Article Category: Markets & trade Golden Ocean receives defer payments request 13 March 2012 to hire payments. Sanko has also sent out a press release on March 9 where they assure that they fully intend to meet all financial obligations and that they will restructure and strengthen the company's balance sheet. The Company has the vessel Golden... Type: Article Category: Shipping & logistics Goldman Sachs sees flat Chinese cement prices for 2012 13 March 2012 growth on the other hand is expected to two percent. These figures are the lowest the industry has posted since the 2008 financial crisis. ┬áHowever the industry is expected to experience a strong recovery next year with Goldman Sachs describing the... Type: Article Category: Volume & Pricing QNCC to hike capacity to prepare for construction boom 13 March 2012 in 2011. ┬áThe company says the drop in its revenues is due to the decrease in demand caused by the effects of the global financial crisis. The company says said it would take all necessary steps to avoid ÔÇ£consequential lossesÔÇØ in future due to... Type: Article Category: Volume & Pricing Vicat 2011 earnings mixed 12 March 2012 meeting. The management group considered the strong performance in a mixed environment. Egypt has weighed on the financial statements and, without taking into account the tax cement in this country, the EBITDA would have increased, not decreased, the... Type: Article Category: Financial Golden Ocean considers ship purchases 11 March 2012 Golden Ocean is considering expanding its fleet to take advantage of the slump in asset prices and its relatively strong financial position reports Reuters. ┬á The company says given current market conditions, it is looking at new investments. The... Type: Article Category: Shipping & logistics Drydocks World proposes five year loan plan 09 March 2012 businesses as well as to add capacity. Dubai World, which reached a debt deal in March last year, owed $14.7 billion to financial institutions and about $10 billion to the Dubai government. It plans to return $4.4 billion to bank creditors in five years... Type: Article Category: Ports & handling Cementir reports recovery in 2011 08 March 2012 million euros.┬á Despite this the companyÔÇÖs income was a negative 20.6 million euros due to the extreme volatility of financial markets. The companyÔÇÖs net financial position┬á last year was a negative 357.5 million euros, which increased 21.4... Type: Article Category: Financial Buzzi replaces director 08 March 2012 with international organizations. She is now professor at Goethe University Frankfurt, senior fellow at Center for Financial Studies and research professor at Kiel Institute. Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: People Holcim Indonesia to absorb Semen Dwima Agung 08 March 2012 ailing subsidiary, PT Semen Dwima Agung, a report from the Jakarta Post said. According to the report, the December 2011 financial report of Semen Dwima Agung revealed that the company held Rp 83.12 billion or $9.15 million in assets. The company also... Type: Article Category: Markets & Competition 126 127 128 129 130 131 132 133 134 135 Results 2601 - 2620 of 3762 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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