Cement News tagged under: S&P Global Ratings
S&PGR upgrades Anhui Conch Cement06 September 2017, Published under Cement NewsS&P Global Ratings (S&PGR) today raised its long-term corporate credit rating on Anhui Conch Cement Co. Ltd. (Conch Cement) to 'A' from 'A-'. The outlook is stable. "We raised the rating on Conch Cement because we expect the company to continue to lower its financial leverage over the next 12-24 months owing to a likely improvement in its operating efficiency and a disciplined approach to investment and expansion," the rating's agency said. In its base case, S&PGR expect Conch Cement's ... |
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