Orient inks project finance for greenfield plant
Khaitan & Co has advised Orient Cement on loan facilities worth US$200m from a syndicate of lenders led by State Bank of India.
Greenfield
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Plans for new Kenyan plant in the pipeline
Construction materials supplier Karsan Ramji & Sons plan to set up a new cement production facility in Kenya. The KES426m (US$4.9m) plant is expected to produce an average of 70...
Construction begins on new Ecebol greenfield plant, Bolivia
Bolivia’s president, Evo Morales has kick-started construction of Empresa Pública Cementos de Bolivia's (Ecebol) new 1.3Mta cement works in Jeruyo, Caracollo in the country’s Or...
Mamba Cement to build new South Africa plant
Nedbank Capital and the Bank of China Johannesburg have jointly announced the raising of debt capital to fund a new entrant into the South African cement industry.
UltraTech in talks for two plant projects
UltraTech Cement is planning to invest the construction of two cement plants in the northern Indian state of Uttarakhand.
National Cement to open new 1.65Mta Nairobi works
National Cement announced plans to open a new 1.65Mta cement works in the outskirts of Nairobi, Kenya.
Egyptian Steel ventures into cement
The Qatari-Egyptian steel producer Egyptian Steel will be investing around US$250m in a new cement works. The venture will seek to acquire a cement licence out of the seven the ...