Global Trade Alert
Global Trade Alert

Japan: JBIC signs loan agreement with Taiheiyo Cement Co. for the acquisition of a U.S. cement company

Announcement

26 Jul 2022

In July 2022, the Japan Bank for International Cooperation signed a loan agreement of JPY 19 billion (USD 142.6 million) with Taiheiyo Cement Co. The agreement is to finance the acquisition of the business assets of US cement company, Martin Marietta Materials, Inc.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jul 2022

Revocation date:

No revocation date

Updated: 26 Jul 2022
Financial assistance in foreign market In force

On 26 July 2022, the Japan Bank for International Cooperation (JBIC) signed a loan agreement with Taiheiyo Cement Co., Ltd. for JPY 19 billion (USD 142.6 million). The loan is for the company to ac...

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