July 2008

Al Takamul closes bridge for Sudanese cement plant 28 July 2008

Al Takamul, the cement-manufacturing arm of ASEC Cement Holding Egypt, has reached financial close on a six-month bridge facility

United Seamless Tubular agrees project financing 23 July 2008

A joint venture between Malaysia's United Motor Works Group and India's Kamineni Group has agreed a $118 million project financing for a seamless pipe manufacturing plant at Narkatpally in Nalgonda district of Andhra Pradesh, India.

Pratt launches debt for paper project 22 July 2008

Pratt Paper, a subsidiary of Pratt Industries, has issued $112 million of senior secured notes to fund the construction and operation of a recycling plant

Gunns brushes off ANZ departure 07 July 2008

Australian forest products producer Gunns says that it is still in talks with lenders on the financing of the Bell Bay pulp mill

EMAL draws for cost overruns 04 July 2008

Emirates Aluminium Company (EMAL) is likely to use a combination of committed bank debt and sponsor equity to deal with an 8% increase in its project costs

Manufacturing and Industrial 01 July 2008

CIBA Algerian cement project signs