Batisoke secures loan for sustainable energy generation, Turkey
Turkish cement producer Batisoke Cimento Sanayii has secured a EUR10m loan from local lender Akbank under the European Bank for Reconstruction and Development's (EBRD) facility ...
Project Finance
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Saudi Cement receives funding for expansion
Saudi cement producer Tabuk Cement Company yesterday signed an agreement with local Bank Albilad for Islamic financing worth SAR500m (US$133.3m)
Weaker rupiah impacts Semen Baturaja plant plans
PT Semen Baturaja is having to adjust its plan to develop a new factory due to the weakening of the rupiah against the US dollar. According to reports by the Jakarta Post, that ...
Hai Van Cement to issue shares to finance acquisition, Vietnam
Hai Van Cement JSC is to issue 21.46m shares in a move acquire Ang Son II Co the from Thang Loi Group Co.
Semen Baturaja announces IPO, Indonesia
Indonesian state-run cement maker Semen Baturaja plans to raise up to IDR1.6trn (US$163m) from an initial public offering next month to finance expansion as its existing product...
Votorantim Cimentos unveils terms of IPO, Brazil
Brazil’s leading cement producer, Votorantim Cimentos, has announced terms of its initial public offering (IPO) to fund further expansion, acquisitions and improvements in effic...
Holcim Philippines to tap debt market
Holcim Philippines is considering the debt market to fund its new US$450-550m cement plant in Norzagaray, Bulacan, the company's chief has said. Speaking to local press, Eduardo...
Western Diamond Cement Ltd secures project loan, Ghana
Stanbic Bank has closed a US$20.15m loan deal with Western Diamond Cement Ltd, part of the West African Cement SA (WACEM) Group, to build a cement production plant in the wester...
Cementos Argos issues US$765m to finance expansion plans
Colombia's leading cement producer Cementos Argos has issued COP1.4trn (US$765m) worth of preferred shares to finance expansion plans.
Siam Cement Group to lift capacity by 4.5Mta in two years
Siam Cement Group plans to spend US$1.5bn to expand cement production capacity in Southeast Asia by 4.5Mta over the next two years. President and chief executive of Siam Cement ...