Semen Baturaja IPO set for February 2013
Indonesia state-owned cement producer PT Semen Baturaja is planning an Initial Public Offering (IPO) for next February to raise funds to construct a new cement plant.
Project Finance
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Taiwan Cement Corp to sign syndicated loan for expansion
Taiwan Cement Corp is expected to sign the contract for a syndicated loan worth NT$12.5bn (US$416.67m) to expand operations in China and acquire local cement plants. The Chinese...
PT Semen Baturaja IPO set for Feb 2013, Indonesia
Indonesian state-owned producer PT Semen Baturaja expects to list its shares on the Indonesia Stock Exchange in February 2013. Semen Baturaja has been ready to release a maximum...
EBRD mulls loan to Lafarge Serbia
The European Bank for Reconstruction and Development (EBRD) said on Friday it is considering providing EUR58m (US$75m) in financing to Serbian cement producer Lafarge Beocinska ...
OCL to raise funds for new plant, India
OCL India Ltd, part of the Dalmia Group, is planning to raise around US$40m from International Finance Corporation (IFC) to support investment for the company's new 1.35Mta grin...
Sephaku Cement secures cement project funding, South Africa
Sephaku Cement had concluded a ZAR1.95bn (US$226m) funding deal with Standard Bank and Nedbank which will be put towards new capacity in South Africa.
Dangote sets sights beyond Africa
Dangote Cement is expanding out of Africa. While its chairman Aliko Dangote remains firmly committed to the continent and its 40Mta production capacity owned by the company, he ...
Enersource and Holcim (Canada) launch heat recovery project
Enersource has assisted Holcim (Canada) in securing a financial incentive from the Ontario Power Authority of US$6.37m to support the development and construction of a waste hea...
Gresik sets aside US$300m for regional expansion
Indonesia’s largest cement maker, PT Semen Gresik, has US$300m to expand its business to the regional markets of Myanmar, Cambodia and Vietnam, the company’s chief executive Dwi...