RECENT NEWS
Cemex Says Strabag Withdrawal Is ‘Invalid,’ May File Lawsuit
Bloomberg  Jul 3 
Cemex SAB, the largest cement maker in the Americas, said Strabag SE’s decision to withdraw from buying the Austrian and Hungarian assets of the Mexican cement producer was “invalid” and that it may file a lawsuit.
No additional freight tariff pleases JSW Steel ACC
Commodity Online  Jul 3 
Metal and cement stocks trade with moderate movement ignoring the railway budget which kept the freight rates unchanged for the industry.
Italcementi, Ciments Francais Drop Merger, Blame U.S. Investors
Bloomberg  Jun 27 
Italcementi SpA, Italy’s biggest cement maker, and Ciments Francais SA said they have abandoned plans to fully merge because of “excessive demands” by U.S. investors.
CHART OF THE DAY: Why Investing In The Internet Is Like Investing In The Cement Business
Silicon Alley Insider  Jun 19 
A VC recently remarked that investing in Internet startups is now basically the same as investing in the "cement business." His point was that the two tailwinds that fueled two eras of explosive growth of business on the Web -- rapid Internet...
[$] HeidelbergCement wins €8.7bn refinancing
Financial Times  Jun 18 
The debt-ridden German cement maker owned by the billionaire Merckle family bought itself some breathing space after it negotiated a €8.7bn credit lifeline from its banks
National Briefing | Mid-Atlantic: Pennsylvania: Medical Device Company Faces Charges
New York Times  Jun 17 
A medical device company illegally tested bone cement during spinal surgery on about 200 patients, three of whom died on the operating table, federal prosecutors in Philadelphia charged.
[$] Synthes Indicted Over Trials Of Cement
Wall Street Journal  Jun 17 
A federal grand jury accused medical technology company Synthes of conducting clinical trials of a bone cement without approval of the FDA.
Synthes Indicted Over Unapproved Study of Bone Cement
Bloomberg  Jun 16 
(Update2) Synthes Inc., the world’s largest maker of bone-related medical devices, and its Norian Corp. unit were indicted for conducting an unapproved study of the use of bone-mending cement that led to the death of three patients.
Holcim clinches Cemex unit deal, calls rights issue
Reuters  Jun 15 
Swiss cement maker Holcim will tap shareholders for around $1.9 billion of fresh funds to clinch an "opportunistic" deal for the Australian business of debt-laden Mexican rival Cemex .
[$] Holcim buys Cemex's Australian arm
Financial Times  Jun 15 
Cemex Sells Australia Units to Holcim for $1.6 Billion
New York Times  Jun 15 
Holcim to Buy Australian Units From Cemex for A$2.02 Billion
Bloomberg  Jun 15 
Uruguay's BQB Air to cement ATR 72 order at Paris air show
Flightglobal  Jun 4 
Uruguayan start-up BQB Air has concluded a deal with ATR for the purchase of two new ATR 72-500s, which is expected to be formally announced at the Paris air show later this month. A BQB Air source says the carrier has committed to taking...
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more ▼EditWIKI ANALYSIS
 

Besides producing cement, many of these companies produce ready-mix concrete, asphalt, aggregates, and concrete structures. Cement industry is local in nature, because the weight to value ratio of cement and other building materials is relatively low.

Retrieved from "http://www.wikinvest.com/industry/Cement"

Companies in the Cement Industry (9)

 
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