Gabon prepares launch of 1Mta clinker project
Gabon is preparing to launch a new integrated cement project at Malibé, near Libreville, with investment of at least XAF114bn. A foundation-stone ceremony for the Mondah Green B...
Financing
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Report examines insurance barriers to CCS investment
The Oil and Gas Climate Initiative (OGCI), Geneva Association and Clean Energy Ministerial CCUS Initiative have published a joint paper examining how clearer risk allocation and...
EBRD provides EUR25m to Arabian Cement Co
The European Bank for Reconstruction and Development (EBRD) is providing up to EUR25m in financing to Arabian Cement Co , Egypt, according to the bank. The sum aims to support e...
Eco Material Technologies Inc secures US$800m Green Term Loan Facility
Eco Material Technologies Inc has successful closed a US$800m term loan credit facility (the Green Term Loan Facility) that matures in February 2032 and provides Eco Material wi...
Cimsa secures US$70m green loan from IFC for sustainability initiatives
Türkiye-based cement manufacturer Cimsa , a unit of Sabanci Holding , has secured a US$70m green loan from the International Finance Corporation (IFC), a member of the World Ban...
UltraTech secures US$500m sustainably-linked financing for FY27 expansion goal
UltraTech Cement , India's leading cement manufacturer, has unveiled an ambitious plan to expand its production capacity to over 200Mta by FY27. This strategic move is part of U...
CEMEX refinances credit agreement
CEMEX has successfully refinanced its euro-denominated sustainability-linked syndicated credit agreement, extending the final maturity to 2029. The refinanced credit agreement c...
Adani Cement completes refinancing package
Adani Cement , through Endeavour Trade and Investment Ltd, announced the successful completion of its refinancing programme for acquisition debt taken for Ambuja Cements and ACC...
CEMEX returns to Mexican debt capital markets
CEMEX has announced the successful pricing on 3 October 2023 of its sustainability-linked long-term notes for an aggregate principal amount of MXN6bn (US$332.6m), a transaction ...
CEMEX launches green financing framework
CEMEX has launched its Green Financing Framework (GFF), the first in its sector, further expanding the company’s commitment to sustainable finance and building a more sustainabl...