Cement News tagged under: Southeast Asia
Semen Gresik to issue US$150m global bonds next year, Indonesia18 October 2012, Published under Cement NewsPT Semen Gresik plans to issue US$150m of global bonds in 2013 to finance its plan to buy a smaller rival in Southeast Asia, Reuters reported the company’s CEO Dwi Sutjipto saying. He said earlier that the company plans to issue around US$500m of global bonds this year but the firm decided to delay the issuance. Sutjipto also said it plans to raise an additional IDR3-4trn (US$417.32m) via a combination of local currency bonds and commercial loans to fund its expansion plan, mainly in Myan... |
Vicem cement and clinker sales up 4.5%, Vietnam16 October 2012, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) sold 14.44Mt of cement and clinker in the first nine months of this year, up 4.5 per cent from a year earlier. Of this total, 13.73Mt were sold in the domestic market, representing a rise of six per cent YoY, while 717,000t were exported, which was a fall of 18 per cent on year, the corporation said on its website. Vicem produced 10.97Mt of clinker in the first nine months of this year, up two per cent YoY. The corporation’s cement production,... |