Trinidad Cement restructures financing
The cement company has repaid its previous lenders, using funds from a short-term loan and cash.
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The cement company has repaid its previous lenders, using funds from a short-term loan and cash.
PPC has published its unaudited results for the half-year ended 31 March 2015.
Unicem is providing a long-term credit line for the scheme, which will help support individual homebuilders.
The Namibian cement company has won the Environmental Excellence Among Industries Award from Namibia’s Environmental Investment Fund.
Domestic cement consumption increased by 13.3% y/y to 961 712 t in Spain in April 2015, with consumption up 9.7% y/y in January – April.
The Nigerian cement company is seeing the benefit of its additional cement production capacity across Sub-Saharan Africa.
Malaysia’s Cahya Mata Sarawak Berhad has reported positive results for 1Q15, including a 44% increase in its cement division’s pre-tax profit.
Kaspar E.A. Wenger has been appointed as Chairman of the Board of Holcim (Schweiz) AG, effective from 30 June 2015. Gerd Aufdenblatten, currently CFO of Holcim Central Europe, will succeed him as Cluster-CEO.
Profits took a nosedive in the final quarter of FY14/15 ending 31 March, but in spite of this the firm managed an increase in stand alone net profit for the full year of almost 3%.
The Long Beach Board of Harbor Commissioners has granted approval for the Mitsubishi Cement facility modification project at the Port of Long Beach in California.
Eurocement’s Oskolcement sold 201 300 t of cement in April 2015.
Cement sales totalled 38 674 t in the Canary Islands in April 2015, and 3781 t in Lanzarote.