Skip to main content

European cement news

 
 

CEMATRIX Corporation enters into new credit facility

The company has announced that it has entered into a new credit facility that provides for a US$5 million secured revolving operating line with the Canadian Imperial Bank of Commerce.

 
 
 
 
 
 

Voith becomes sole owner of ELIN Motoren

Since 01 May 2020 70% of ELIN Motoren GmbH has been owned by Voith Group. The other 30% of the company remained with the long-standing Managing Director Franz Hrachowitz. At the end of last year, the two parties agreed on the acquisition of the remaining stake.