The board of China's Xinjiang Tianshan Cement has reviewed and approved a proposal to apply to the China Interbank Market Dealers’ Association for the registration of ultra-short-term financing bonds, with a total size of no more than CNY1bn (US$139.75m).
The plans have been put in place to reduce financing costs, expand financing channels and meet the company's development needs for capital, according to an announcement.

Heidelberg North America completes US acquisitions
Heidelberg Materials North America announced today that it has completed the acquisition of G...