A Decarbonisation Bank to support net-zero EU cement Premium
Jan Theulen, director CCUS business development & partnership at Heidelberg Materials, explains how a Decarbonisation Bank can support a net-zero European cement industry.
Finance
37 posts · Page 1 of 4
Pakistan’s economic indicators may positively impact the cement industry
The State Bank of Pakistan (SBP) announced that its Monetary Policy Committee (MPC) decided to cut the policy rate by 200 basis points to 13 per cent, effective 17 December 2024...
Interbank extends US$60m credit line for Unacem Ecuador's energy efficiency project
Peru's Interbank extended a US$60m green credit line to Unacem Ecuador to finance the cement producer's energy efficiency optimisation project of one of its kilns. The sustainab...
Heidelberg Materials launches Green Finance Framework
Heidelberg Materials has announced the launch of a Green Finance Framework to help fund the ongoing transformation and decarbonisation of the building materials sector. The comp...
Saint-Gobain issues first double green bond
Saint-Gobain has successfully priced its first double green bond, reinforcing its commitment to sustainable construction. This follows a Sustainability Linked Bond in August 202...
Cementos Molins signs sustainability-linked loan
Cementos Molins of Spain has signed a second novation of its sustainable syndicated financing, which was originally formalised in 2019 with a first novation completed in 2021. T...
Argos receives US$272m sustainability-linked loan
Colombia’s Banco de Bogotá has disbursed a US$272m sustainability-linked loan to Cementos Argos . The agreement allows a gradual reduction in interest rate subject to the cement...
Holcim secures EU investment in CCUS projects
Holcim has secured investment from the European Union Innovation Fund in its carbon capture, utlisation and storage (CCUS) projects in Germany and Poland. The funding will suppo...
Adani Group in discussions to raise US$4.5bn
Following its acquisition of Holcim’s business in India, the Adani Group is in discussions with more than a dozen foreign banks in a bid to raise US$4.5bn. According to The Econ...
IFC to fund Diamond Cement Guinea with US$30m loan
The International Finance Corporation (IFC) has agreed to provide a US$30m loan to Diamond Cement Guinea , a subsidiary of West African Cement (WACEM), to support the completion...