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Total: 50 results found.

04

May 2021
Oman considers selling major stake in Oman Cement Company

The sultanate is speaking to advisers about selling its stake in the company Oman is considering the sale of its stake in Oman Cement Company, according to a report citing people with knowledge of ...

02

Mar 2021
Vale to acquire Mitsui's stakes in the Moatize min

Vale has signed a Heads of Agreement (HoA) to acquire Mitsui's stakes in the Moatize mine in January 2021 In January of 2021, mining giant Vale has signed a Heads of Agreement (HoA) to acquire Mitsui' ...

25

Jan 2021
Suez Cement announces sale of its stake in Hilal Cement

The 51 percent stake will be offered through Kuwaiti Bourse on January 24 Egypt's Suez Cement announced it will offer its 51 percent stake in Hilal Cement Company for sale through Kuwaiti Bourse on January ...

05

Jan 2021
Metsa Board to sell 30 percent stake in Swedish pulp mill

The company plans to use the cash released by the sale to develop investments in paperboard The Finnish forest company Metsa Board will sell a 30 percent stake in a pulp mill in Husum, Sweden, to Norra ...

03

Dec 2020
Gazprombank sells nearly 50 percent stake at Elga coal deposit to A-Property

... stake in the business, which makes the company the 100 percent owner of the assets of the Elga coal complex. Gazprombank’s deputy Chairman of the Management Board, Tigran Khachaturov, said the sales ...

03

Dec 2020
Metsa Board to sell stake in Sweden's Husum pulp mil

The cash released by the sale is valued at EUR 350 million Finland-based forest company Metsa Board disclosed, on December 1, it will sell a 30 percent stake in a pulp mill in Husum, Sweden, to Norra ...

11

Nov 2020
Potential stakeholders evaluate offers for Brazil’s Petrobras refineries

... potential stakeholders engage in negotiations, writes Biodiesel. Interested parties reportedly include the Indian conglomerate Essar Group, and local companies Raízen and Ultrapar Participações. The ...

11

Nov 2020
Potential stakeholders evaluate offers for Brazil’s Petrobras refineries

The sales are part of the company’s plan to end its refining monopoly ...To read the full article on PetCokeWeek, click here.

14

Oct 2020
Raysut Cement acquires 75 percent stake in LafargeHolcim Maldives cement terminal

The terminal is located at the Thilafushi Island, in Maldives Oman-based Raysut Cement Company announced it has acquired a 75 percent stake in a cement terminal at Thilafushi Island, in Maldives, reports ...

06

Oct 2020
South Korea’s KEPCO to acquire stake in Vietnamese coal power plant project

... coal-fired power plant in Vietnam’s Ha Tinh Province, informs Pulse. The Vung Ang 2 project is estimated to cost USD 2.2 billion. Through its participation, KEPCO will acquire a 40 percent stake in ...

14

Sep 2020
Pan Ocean becomes stakeholder of the Export Grain Terminal (US)

The company is looking to expand its global presence According to the Korea Herald, Pan Ocean Co., South Korea's top bulk carrier, has bought a 36.25 percent share in the Export Grain Terminal (EGT), ...

04

Aug 2020
West China Cement’s subsidiary acquires majority stake in Kangding Paomashan Cement

Details of the purchase agreement were published [PAID=] West China Cement’s subsidiary, Yaobai Special Cement, has acquired a 97.5 percent equity interest in Kangding Paomashan Cement, after its share ...

08

Jul 2020
UltraTech Cement gives up stake in China plant

The company is selling for an enterprise value of USD 120 million UltraTech Cement said on Tuesday that its subsidiary Krishna Holdings will sell its entire stake in Shandong Binani Rongan Cement Company ...

23

Jun 2020
Hongsi acquires majority stake in Nepal’s Dang Cement

The company has also acquired some shares of India’s Ambuja Cement Hongsi has acquired 85 percent of the shares of Dang Cement, which has a daily production capacity of around 6,000 tons, reports Bizmandu. ...

09

Jun 2020
Livonia Partners to sell majority stake in Thermory

UG Investeeringud signs preliminary agreement to acquire the stake Estonian holding company UG Investeeringud has signed a preliminary agreement to obtain the majority ownership in Thermory AS, a global ...

02

Jun 2020
LD Celulose stakeholders restructure financing for construction of new dissolving pulp unit

The company is jointly held by Duratex and Lenzing [PAID=]Duratex and Lenzing, which hold the joint venture LD Celulose, have restructured their financing in order to build a new dissolving pulp unit ...

28

Apr 2020
Imabari acquires stake in Belships

The company has paid some of its orderbook from Imabari through shares Imabari now controls about seven percent of Oslo-listed dry bulk concern, Belships, reports Splash 24/7. Belships has contracted ...

24

Apr 2020
Taiheiyo Cement to acquire stake in Semen Indonesia subsidiary

The company aims to establish a partnership in the country Taiheiyo Cement, based in Japan, has announced its interest in acquiring a 15 percent stake in a subsidiary of state-owned Semen Indonesia, ...

24

Apr 2020
Russia: Mechel sells its stake in Elga coal mine to lower debt

Following the deal, Gazprombank and VTB agreed to restructure part of the group’s debt plan Mechel has sold its stake in the Russian Elga coal mine to a local businessman with the intent of cutting ...

23

Apr 2020
Belarus increases stake in state-owned cement companies

The government is investing more in these companies in order to help them weather the uncertain times The government of Belarus has increased the amount of state support to eleven public companies, ...

23

Apr 2020
ASP Ships Group acquires stake in Coastal Bulk Shipping

CBS operates a vessel in New Zealand ASP Ships Group has acquired a stake of 50 percent in Coastal Bulk Shipping, which owns and operates the 820 dwt general cargo vessel Anatoki, reports Splash 24/7. ...

15

Apr 2020
Saudi Arabia acquires stake in European petcoke-producing companies

The total value of the acquired stakes was not disclosed Saudi Arabia’s Public Investment Fund, the country’s sovereign wealth fund, has accumulated stakes in four major European oil companies that ...

24

Mar 2020
India: Government to delay sale of stake on Bharat Petroleum due to impact of Covid-19

The company’s value has plummeted over the last few weeks The Indian government’s plan to sell its entire 52.98 percent stake in Bharat Petroleum, which produces petcoke at its Kochi refinery, is likely ...

23

Mar 2020
Chennai Port Trust to acquire majority stake in Kamarajar Port

The state-owned company now has full ownership of the facility India’s state-owned Chennai Port Trust will be acquiring the central government’s remaining 67 percent stake in Kamarajar Port for about ...

24

Feb 2020
PSE seeks to sell part of its Colstrip stake

... as announced by the Kent Reporter. This move does not come as a surprise, as the group revealed in December that it sought to sell its 25% stake in one of the two remaining units to NorthWestern Energy, ...

19

Feb 2020
GMR Energy to sell GMR Kamalanga Energy stakes to JSW Energy

Both companies had started exclusive discussions on GKEL during October last year GMR Energy (GEL) has announced the inking of definitive agreements regarding the sale of its stakes in GMR Kamalanga ...

31

Jan 2020
Contango Holding acquires majority stake at Hwange coal project

Operations are to undergo regulatory and shareholder approval during February U.K-based group Contango Holding has provisionally acquired 70% of the Lubu Coal project located in Hwange, reports ...

22

Jan 2020
Adani Ports to acquire controlling stake in Krishnapatnam Port Company

... it will be acquiring a controlling stake of 75% from the existing shareholders of Krishnapatnam Port Company (KPCL). KPCL is located in the southern part of Andhra Pradesh, the state with the second ...

22

Jan 2020
Mechel to no longer repurchase Elga coal mine stake

Company had sold nearly half of the project to Gazprombank in 2016 Russia’s Mechel will no longer repurchase a stake in its Elga coal mine, reports Reuters. The company had sold a 49% stake in ...

17

Jan 2020
Malaysian companies look to acquire stake in Pakistani dry bulk terminal

Two companies have signed an MoU regarding the stake Malaysia’s FGV Holdings’s subsidiary FWQ Enterprises and Johor Port have signed a Memorandum of Understanding regarding a potential acquisition ...

14

Jan 2020
Saudi Cement acquires stake in United Cement

The deal is expected to help boost operating efficiency Saudi Cement has acquired the stake of Esterad Investment in United Cement for BHD 2.3 million, according to Argaam. “The deal is expected ...

13

Jan 2020
Bobst acquires majority stake in Yancheng Hongjing Machinery Technology

The transaction was made via its Chinese subsidiary [PAID=]Bobsy has acquired 70 percent of the shares in Yancheng Hongjing Machinery Technology through its Chinese subsidiary, Shanghai Eterna Machinery, ...

18

Dec 2019
DryLog acquires stake in Global Chartering

Global Chartering is owned in part by ArcelorMittal DryLog is acquiring a 50 percent stake in Global Chartering, the shipping subsidiary of ArcelorMittal, reports Splash 24/7. The company will not ...

10

Dec 2019
New Mexico: Stakeholders mull financial plan for major coal-powered plant

State lawmakers seek to shut down the San Juan Generating Station near Farmington New Mexican utility regulators have considered on what action to take regarding the future of a coal-fueled plant ...

09

Dec 2019
Brazil: E2E acquires majority stake in Tecverde

... deal in which it will acquire a majority stake in Tecverde Engenharia, reports Amanhã. Prior to the agreement, the group was supported by equity funds provided by GEF Capital and Performa Investimentos. ...

05

Dec 2019
Delo pledges majority stake in KSK grain terminal as collateral for Sberbank debt

The company did not clarify whether it would drop its proposed sale of part of the terminal [PAID=]Delo has decided to pledge its majority stake in the KSK grain terminal in Russia’s Black Sea port ...

05

Dec 2019
Anglo American sells minority stake in Grosvenor

Company believes met coal to be one of its key commodities going forward [PAID=] Anglo American has sold a 12% stake in the Grosvenor coking coal mine in Australia for around USD 141 million to a ...

27

Nov 2019
Anglo American plans to sell minority stake in Australian mine

Company will be receiving over USD 100 million for the deal [PAID=] Anglo American will be selling a 12% minority stake in its Australian Grosvenor coking coal mine to a consortium of Japanese utilities, ...

22

Nov 2019
Topkinsky Cement to acquire controlling stake in Angarskcement

... Angarskcement, reports Kommersant If the transaction is approved, the company would have a controlling stake of 51 percent of Angarskcement’s voting rights. Currently, 43.33 percent of Angarskcement’s ...

06

Nov 2019
Socar acquires minority stake in Russia’s Antipinsky Oil Refinery

The refinery produces petroleum coke The state oil company of Azerbaijan, Socar, has become a minority shareholder of the Antipinsky Oil Refinery, in Russia, now owning 9.6 percent of the facility, ...

23

Oct 2019
Stora Enso completes divestment of its stake in Dawang paper mill

Company's annual sales set to near EUR 60 million Stora Enso has completed the divestment announced on 25 July 2019 of its 60% equity stake in the Dawang Mill in China to its joint venture partner, ...

04

Oct 2019
Mechel to acquire Gazprombank’s Elga coal project stake

New deal will be worth over USD 400 million [PAID=] Mechel will be purchasing Gazprombank’s 34% share in the Elga coal reserve for about USD 461 million, reports Reuters. The company is likely ...

01

Oct 2019
Assam stakeholders call for revival of paper mills

The government’s investment in the mills has not had any results The Joint Action Committee of Recognized Unions of the Cachar and Nagaon paper mills have demanded a white paper on the INR 4,141 ...

02

Sep 2019
BillerudKorsnäs completes sale of majority stake in Bergvik Skog Öst

The divestment will have a positive effect on the company's cash flow BillerudKorsnäs has completed the sale of 89.9% of the shares in Bergvik Skog Öst to the pension company AMF, reports BillerudKorsnäs. ...

29

Aug 2019
Russian A-property group to acquire additional stakes in Elga coal project

Coal site holds coal reserves of 2.2 billion tons [PAID=] Albert Avdolyan seeks to buy 49% of the Elga coal project, currently owned by Gazprombank, reports Reuters. The site hold 2.2 billion tons ...

28

Aug 2019
Angolan government to divest stake in Cimangola

... stakeholder in Cimangola is Isabel dos Santos, the president of former president of Angola, Eduardo dos Santos, which occupied the seat from 1979 to 2017. Isabel dos Santos became the majority stakeholder ...

28

Aug 2019
White Haven to purchase additional stake in Narrabri mine

... alluring chance for the group to increase its majority stake in the underground mine, asserting is dominance in the Gunnedah basin. Permission was given to Narrabri to output 11 million tons of thermal ...

20

Aug 2019
Nanye Group increases stake in CSC Phoenix

The group is now the second largest shareholder in the company The Chinese Nanye Group has increased its shareholding in the company to five percent in dry bulk shipping operator CSC Phoenix, according ...

13

Aug 2019
Namibia: Biomass could replace coal, says stakeholder

The exporters of biomass have argued that its use as power could replace coal MJ de Wet, head of the African Biomass Company argued that biomass from Namibia could replace coal power-generated electricity ...

26

Jul 2019
Stora Enso to sell stake in Dawang paper mill

The remaining stake will be acquired by its joint venture partner Stora Enso reported it has signed an agreement to divest its 60 percent equity stake in the Dawang Mill in China, to its joint venture ...

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