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MalaysiaÔÇÖs Boustead Plantations sells land to YTL Cement 13 September 2015 to realise an estimated gain of RM52.37mil which translates into a gain of 3.3 sen per Boustead Plantations share for the financial year ending Dec 31, 2015,ÔÇØ the company said. The proposed disposal is expected to be completed by the fourth quarter of... Type: Article Category: Markets & Competition Woodchip mill in Tasmania, Australia reopens after many years 11 September 2015 Woodchip mill had ceased operations due to financial woes (CW Group) The Forico woodchip mill near Burnie in northern Tasmania, Australia has officially reopened, after five years of facing financial woes due to Tasmanian timber giant Gunns forcing its... Type: Article Category: Australasia PakistanÔÇÖs Lucky Cement declares its FY15 results 09 September 2015 (CW Group) Lucky CementÔÇÖs sales in Pakistan grew by about 3.3 percent in FY15, in line with its expectations for the financial year, reports Business Recorder. The companyÔÇÖs exports have declined, but domestic demand for cement increased... Type: Article Category: Financial Cement exports in Pakistan decline in August 2015 09 September 2015 from the South area were 216,815 metric tons compared to 324,861 tons in August 2014. During the first two months of financial year that started in July 2015, exports to Afghanistan declined by 18.24 percent to 394,500 tons compared to 482,528 tons... Type: Article Category: Markets & Competition Senj Sant cement plant begins operations in Mongolia 08 September 2015 (CW Group) Senj Sant CementÔÇÖs new dry process cement plant will increase MongoliaÔÇÖs domestic supply of cement, reports Financial. The technologically and environmentally advanced Senj Sant cement plant opened on in the Dornogovi province in... Type: Article Category: Plant Expansions CRH appoints new group finance director 07 September 2015 on January 4, 2016. He previously held positions as chief operating officer and finance director at Ulster Bank, chief financial officer at Airtricity and numerous senior financial roles in GE.┬á CRH chief executive, Albert Manifold, said, ÔÇ£I am very... Type: Article Category: People RussiaÔÇÖs Yakutia Cement to boost its cement production 07 September 2015 (Yakutia). The Director of the Foundation, Alexei┬áChekunkov, said: ÔÇ£The Joint Finance platform will create favourable financial conditions for attracting private capital and professional competence in order to ensure advancing... Type: Article Category: Plant Expansions Yakut Cement likely to expand its operations 05 September 2015 set up a joint investment platform for the new development programs. The joint investment platform will create favourable financial conditions for attracting private capital and professional competence in order to provide advanced social and economic... Type: Article Category: Plant Expansions Nigerian cement companies praised for using locally produced raw materials 04 September 2015 are making high quality cement using locally produced raw materials. Sokoto Cement declared profit of NGN 1.92 billion for financial year 2014. More than 200,000 metric tons of high quality gypsum is mined in the country and left unsold. The Cement... Type: Article Category: Markets & Competition Algeria: Soci├®t├® des Ciments de Ain El K├®bira completes first stage of privatization 03 September 2015 to paid subscribers.","link":"1"}]Algerian cement company Soci├®t├® des Ciments de Ain El K├®bira has completed the financial evaluation phase of its privatization, reports TSA. The company will hold an extraordinary general meeting regarding the sale... Type: Article Category: Markets & Competition Arctic Paper posts H1 results 03 September 2015 of fine graphic paper (CW Group) Arctic Paper, one of EuropeÔÇÖs leading producers of fine graphic paper, posted its financial results for the first half of the year. In the first six months of 2015, financial results from continued operations generated... Type: Article Category: Europe & Central Asia Kemira acquires Soto Industries 03 September 2015 acquired certain assets of Soto Industries, reports Yahoo. The transaction does not have material impact on Kemira`s financial figures and the parties have agreed not to disclose the transaction price. Soto Industries, headquartered in Charlotte, North... Type: Article Category: North America Fibria expects its debt metrics to continue falling 03 September 2015 and pulp prices continue like this, our leverage will keep falling, even with the new debt for the project," said Chief Financial Officer Guilherme Cavalcanti. "Even with that borrowing, we can pay a dividend and keep leverage at levels that let us... Type: Article Category: South America Fibria advances the financing strategy for its expansion project at Tr├¬s Lagoas Unit in Brazil 03 September 2015 R$ 500 million offering of Agribusiness Receivables Certificates (CRAs). According to Guilherme Cavalcanti, Fibria's chief financial and investor relations officer, the company's strong cash generation and the financing project developed will enable the... Type: Article Category: Features Cement companies in Oman declare first half results 31 August 2015 Cement recorded decline in earnings due to lower revenue and decline in investment income along with a fair value loss on financial assets. Oman Cement recorded decline in profits due to lower revenue, higher operating expenses and decline in other... Type: Article Category: Financial EgyptÔÇÖs Sinai Cement posts H1 results 30 August 2015 Sinai Cement posts loss in H1 (CW Group) Egyptian cement maker Sinai Cement posted its financial results for the six months to June 2015, reporting net losses of EGP 28.7 million, reports Daily News Egypt. The company had posted EGP 88.1 million in... Type: Article Category: Financial CRH plans to reduce debt by 2016 30 August 2015 embarked on an aggressive acquisitions strategy (CW Group) CRH plans to plans to reduce its debt by the end of the next financial year by setting aside EUR 2.6 billion, reports Independent. The cement maker has embarked on an aggressive acquisitions... Type: Article Category: Financial Jaiprakash Associates to sell cement plant in India 27 August 2015 of cement on an annual basis. Jaiprakash Associates will cut down its mounting debt, if the deal is finalized. During the financial year FY14-15, Jaiprakash Associates had total debt of over INR 61,284 crore. Copyright CW Group. All rights reserved.... Type: Article Category: Mergers & Acquisitions Corruseal Group acquires SappiÔÇÖs recycled packaging paper business 21 August 2015 have delivered significant positive impacts with Sappi Southern Africa returning exceptional results during Sappi's 2014 financial year and strong results during this financial year." Copyright CW Group. All rights reserved. Unauthorized distribution... Type: Article Category: Middle East & Africa Saudi Arabia: Umm al-Qura Cement signs agreement with power plant 20 August 2015 al-Qura Cement. The total value of the contract is about SAR 8 million per annum and will be financed from the companyÔÇÖs financial resources. The agreement covers a period of three years. This contract will be included in the operating cost of the... 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