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Asia & Pacific Rim

Shanshui shareholder says it will help repay debt

China Shanshui Cement Group’s largest shareholder has said it will help repay Shanshui’s debt if its proposed changes to the board are passed at the forthcoming EGM.

 
 

Cement sales increase in Indonesia

Cement sales in Indonesia rose by more than 10% in October 2015 thanks to increased government infrastructure spending.

 
 
 

China Shanshui Cement to enter liquidation

The company has announced it hasn’t been able to find financing to repay RMB2 billion in onshore debt and will therefore default on the loan and its 2020 dollar securities.

 
 
 
 
 
 
 

ACHC 3Q15 results

The Asia Cement Holdings Corporation has released its results for 3Q15.

 
 

Semen Indonesia expands into Aceh

Cement producer Semen Indonesia is expanding into Aceh next year by developing a factory with an investment of up to US$360 million.