Cement News tagged under: Tangshan Jidong Cement Co

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Mechel, Russia, to supply 2-3Mt thermal coal to Tangshan Jidong

29 December 2016, Published under Cement News

On December 21, Mechel 0A0, a major metals and resource company in Russia, announced it had inked a supply contract with Tangshan Jidong Cement Co., Ltd., China for thermal coal. The contract term is from December 2016 to December 2017, during which time Mechel will supply 2-3Mt of Russian thermal coal to Tangshan Jidong Cement. The sales price of thermal coal is to be fixed every month based on then market. Tangshan Jidong Cement is a major cement company and subsidiary of Tangshan Ji...

Russia: Mechel to supply 2-3Mt coal to Tangshan Jidong

23 December 2016, Published under Cement News

Russian metals and resource company, Mechel OAO, announced it has signed a contract for the supply of 2-3Mt of thermal coal to Tangshan Jidong Cement Co. The contract term, which will see Mechel supply Russian thermal coal, runs from December 2016-December 2017. The sales price of the coal is to be fixed each month based on the prevailing market rate. Michael will ship coals produced by its subsidiaries such as Elgaugol, Yakutugol Holding Co and Southern Kuzbass Coal Co. Previously ...

Tangshan Jidong to issue short-term bills, China

08 March 2013, Published under Cement News

Tangshan Jidong Cement Co Ltd has announced that it plans to issue CNY1bn in unsecured short-term bills with a maturity of 365 days on the interbank market on 14 March. The coupon rate will be determined in the process of book-building and the bills issued at face value. Both value date and payment due date is on 15 March and the to-be-issued bills tradable on 18 March. China Lianhe Credit Rating Co Ltd has rated the issuer and bills AA+ and A-1, respectively. Ping An Bank Co has been ...

Jidong Cement set to sell debt financing instruments

08 August 2012, Published under Cement News

Tangshan Jidong Cement Co plans to issue not more than CNY3bn (US$471m) debt financing instruments maturing in not more than three years in a non-public offering. Financing will be used to replenish working capital and repay bank loans. Coupon rate of the issuance will be determined in accordance with capital supply and demand relation on bond market and companies' demands; interest rate of the instruments will be determined in terms of an agreement that investors and the company sign. The ...