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Holcim expanding presence in Colombia 21 June 2010 cement, and 21% of the ready mix segments. "We started our capacity expansion project in 2009, in the midst of the global financial crisis. We believe that the country has potential, so we moved forward with the project in spite of this," he told the La... Type: Article Category: Plant Expansions Murli Industries may dilute equity to fund expansion 18 June 2010 company or at the Special Purpose Vehicle level, apart from partly-funding with internal accruals," Murli Industries Chief Financial Officer A M Chandak said. Chandak is sitting on an Rs 80 crore cash surplus, which was likely to go up to Rs 250 crore... Type: Article Category: Financial Egypt: El Wadi suing to get license reinstated 13 June 2010 to open a bidding in May for two new licenses. "El Wadi Cement requests to get back its revoked license or be granted a financial compensation that is up to 250 million Egyptian pounds ($44 million) which is the total value of the company's investments... Type: Article Category: Plant Expansions S&P removes 'negative outlook' on Cimpor 13 June 2010 ownership structure, which it now sees as "stable." The "Outlook" reflects "our view that Cimpor can maintain an adequate financial performance despite the economic pressures in its key markets, Portugal and Spain," S&P said. "The affirmation of the... Type: Article Category: Financial Indian cement prices drop further in June 13 June 2010 in India have decreased at a faster clip in June, as demand slackens ahead of the monsoon season. ┬á A report from the Financial Express said, cement prices in the country have started declining since April, and declines were led in the Southern market... Type: Article Category: Volume & Pricing Indian cement demand to grow 10-11% 13 June 2010 to grow at a compounded 10-11% in the next five years, as government infrastructure programs ramp up. A report from the Financial Express says the proportion of demand for cement from the infrastructure segment is expected to increase from 17% between... Type: Article Category: Volume & Pricing Lafarge CEO calls deals "welcome" 11 June 2010 transaction Lafarge also received a cash consideration. "These type of operations that ally strategy and improving the financial structure are particularly welcome today," Lafont said in the interview, the WSJ reported. Copyright CW Group. All rights... Type: Article Category: Mergers & Acquisitions Wacem concerned about funding delays for Mali project 10 June 2010 Indian cement firm signed JV project with Malian government, but state banks have yet to release full financial share. [$] ┬á (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid... Type: Article Category: Plant Expansions Acciona gets funding for Cemex wind farm 09 June 2010 from local and foreign creditors to help finance its 306 MW Eurus wind farm project in Mexico's Oaxaca province. ┬á Ten financial entities signed financing agreements for Acciona's Eurus wind power park in Mexico. The credit deals signed by the... Type: Article Category: Environment Higher India fuel prices to impact margins 09 June 2010 liter of diesel is expected to rise by 1.5 Rs to 2.5 Rs, while gas will increase by 2 to 3 Rs per liter. According to The Financial Express, Finance Minister Pranab Mukherjee is planning to meet with cabinet ministers this week to review the potential... Type: Article Category: Financial Higher India fuel prices to impact margins 09 June 2010 liter of diesel is expected to rise by 1.5 Rs to 2.5 Rs, while gas will increase by 2 to 3 Rs per liter. According to The Financial Express, Finance Minister Pranab Mukherjee is planning to meet with cabinet ministers this week to review the potential... Type: Article Category: Shipping & logistics Holcim US' solar panel project: Sunny skies ahead for sustainable development 09 June 2010 electricity consumption through improvements in efficiency and use of technologies. During the assessment, we discovered financialsubsidies offered by the local utility company, Black Hills Utility, for solar energy installations. After a thorough... Type: Article Category: Features Indian Cement makers going ÔÇÿgreenÔÇÖ 08 June 2010 fuels, more efficient production, and new technology to cut their respective carbon footprints. ┬á A report from the Financial Express says Binani was one of the recipients of the FE-EVI Green Business Leadership Award for taking substantial measures to... Type: Article Category: Environment Heidelberg Bangladesh issues cash dividend 07 June 2010 Bangladesh, a unit of Germany's HeidelbergCement, has approved a 38% cash dividend to shareholders, a report from the Financial Express said. ┬á The board of directors approved the payout during the annual general meeting at Rupganj, Bangladesh.... Type: Article Category: Financial Hyundai Cement creditors agree on debt restructuring 06 June 2010 guarantee for its affiliate. Hyundai Cement and its affiliate, Sungwoo Engineering & Construction Co., have been facing financial difficulties due to a slowdown in the local construction sector, the report said. The firm posted a profit of 17.4 billion... Type: Article Category: Financial Jaikprakash to pour in $640 mm for capacity expansion 06 June 2010 cement demand. Infrastructure, housing and the rural sector will be the biggest drivers," Rahul Kumar, Jaiprakashs chief financial officer said. The firm currently has a cement capacity of 19.1 million ton, and hopes to raise this to 29 million tons by... Type: Article Category: Volume & Pricing New beginning for cement plant in Dessau 05 June 2010 team of 15 people and operating from a 250 sq meter rented premises but is hopeful of expanding office space soon. With no financial backing, Skupin will be approaching old clients and reintroducing himself for new orders. CEMAG the earlier company saw... Type: Article Category: Financial Holcim appoints Bulgarian Sales and Marketing head 05 June 2010 he was later promoted to the position of manager of business development. He later worked for the World Bank as a financial management specialist for Bulgaria and Macedonia. He returned to┬á Holcim, as┬á general manager of composite cement units of... Type: Article Category: People Bihar emerges as IndiaÔÇÖs fastest growing cement market 05 June 2010 of years was in accordance┬á with the economic growth and industrial investments in the state, while Rahul Kumar, chief financial officer of Jaiprakash Associates Ltd attributes it to robust rural demand and increased demand from home builders and small... Type: Article Category: Volume & Pricing Heidelberg Cement poised to enter DAX index 01 June 2010 stock. (CW Group) German cement maker Heidelberg is expected to join the blue chip DAX index soon, after posting solid financial results on the back of a recovering global economy. According to market value, the company is one of Germany's 25 largest,... 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