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Oyak Group eyeing Lafarge and Holcim assetsOyak Group, Turkey’s largest cement producer, has US$2bn in cash for acquisitions and may spend some of it on assets Holcim and Lafarge are looking to shed ahead of their planned merger. The head...News - 14 November 2014 |
CRH's nine-month results show growthIn its autumn trading statement, CRH said that turnover improved by three per cent in Europe and by five per cent in the Americas, or four per cent overall. EBITDA should be ahead by around 10...News - 11 November 2014 |
Building despite uncertaintyWhile economic growth in the CIS has slowed in recent years, partly due to a cooling Russian economy, many of its cement producers can look forward to an improving operating environment as the reg...Articles - 24 October 2014 |
Industry majors reportedly teaming up for LH asset disposalsCRH is reportedly teaming up with Cemex to bid for all the assets that Lafarge SA and Holcim Ltd will have to sell to secure the approval of European competition authorities for their proposed mer...News - 09 October 2014 |
CRH reportedly selling brick businessIrish building materials major CRH is selling its clay brickwork division for up to GBP600m, according to reports in The Sunday Times. The move comes as the company prepares to bid for a group of...News - 06 October 2014 |
Turkey: CRH and Eren Holdings plan sale of JVCRH and its Turkish partner Eren Holdings have applied to Turkey's competition regulator to sell their joint venture, Denizli Cimento, to army pension fund OYAK Group, according to a statement on ...News - 03 October 2014 |
Summit Materials in line for cement IPO?Summit Materials LLC, which is co-founded by Blackstone Group LP, is preparing an initial public offering (IPO) this year as concrete deals intensify, according to sources quoted by Bloomberg. ...News - 01 October 2014 |
Cohrs elected chairman of CTLGroup Board of DirectorsThe CTLGroup Board of Directors elected Cary O. Cohrs as chairman during the organisation’s recent autumn board meeting in Chicago, Illinois, USA “Cary Cohrs brings a wealth of construction-rel...News - 30 September 2014 |
UK: Votorantim interest in TarmacVotorantim is understood to be planning a bid for a package of businesses being offloaded by Holcim and Lafarge, in an effort to seal a GBP32bn mega-merger that would include Tarmac, one of Brita...News - 29 September 2014 |
Turkey's confident approachCement demand in Turkey expanded at nearly three times the rate of the national economy in 2013 and producers remain optimistic about the future. As Cemtech Conferences & Exhibitions heads to the ...Articles - 29 September 2014 |