Cement News tagged under: Acqusition

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Votorantim Cimentos completes acquisition of Heidelberg Materials assets in Spain

03 November 2022, Published under Cement News

Votorantim Cimentos announced that has completed the acquisition of all the businesses of Heidelberg Materials in the south of Spain, which includes a modern integrated cement plant located in Málaga , three aggregates quarries and 11 ready-mix plants in Andalusia region.   In the last two years, Votorantim Cimentos has strengthened its presence in the Spanish cement market with the acquisition of the integrated cement plant of  Cementos Balboa in Extremadura and now with the Malaga p...

Fauji Cement to become Pakistan’s third-largest cement player

20 October 2022, Published under Cement News

The Fauji Cement Company Ltd (FCCL) is currently undertaking two expansions to become the second-largest cement producer in the north of Pakistan and third-largest cement player in the country as a whole. Top officials from the company disclosed this during a corporate briefing on 18 October discussing the FY21-22 financial result (the FY21-22 profit of the company was the highest in history) and future outlook.  According to Topline Pakistan Research, the merger of Askari Cement and ...

Mississippi Lime acquires Singleton Birch

12 September 2022, Published under Cement News

Singleton Birch has been acquired by Mississippi Lime Co (MLC), one of the US’s oldest independent suppliers of lime products, for an undisclosed sum.     Mississippi Lime Co, an HBM Holdings company headquartered in St Louis, Missouri, is one of the leading global suppliers of high-calcium lime products and technical solutions. The family-owned business, which has a history stretching back over a century, operates the largest lime facility in the Americas. Paul Hogan, president and ch...

Lehigh Hanson acquires Corliss Resources Inc

11 January 2022, Published under Cement News

Lehigh Hanson (HeidelbergCement group) has finalised the acquisition of Corliss Resources Inc, one of the largest family-owned aggregates and ready-mixed concrete companies in the US Pacific Northwest.   The acquisition includes major aggregate operations with annual sales volumes of about 2Mt and reserves and resources of about 170Mt as well as four ready-mixed concrete plants selling about 0.3Mm 3 in the Greater Seattle area. Dr Dominik von Achten, chairman of the Managing Boa...

Total Lubrifiants acquires Lubrilog SAS

23 September 2020, Published under Cement News

Total Lubrifiants, the world's fourth-largest international lubricants company, has acquired Lubrilog SAS.  Lubrilog SAS is a French company, based in Romans-sur-Isère, specialised in the formulation and production of very high-performance synthetic lubricants many of which are used in the cement industry. The high-quality products of Lubrilog are tailored to specific customer needs and able to meet a wide range of extreme technical constraints. "This acquisition will create value for...

Overin Ltd acquires 100% ownership of PJSC HeidelbergCement Ukraine

16 August 2019, Published under Cement News

Overin Ltd (Cyprus) has brought the shares of PJSC HeidelbergCement Ukraine to obtain a 100 per cent stake in the company. Among the plant bought by Overin Ltd are the 0.61Mta Dniprodzerzhynsk grinding plant, the 1.69Mta Amvrosiyivka integrated plant and the 1.5Mta Kryvyi Rih integrated plant. Overin Ltd had already secured the majority ownership of PrJSC HeidelbergCement Ukraine in May 2019 when it had a stake of 99.8308 per cent. Overin Ltd (Concorde Capital Group) also completed the a...

Cemex USA acquires Texas quarry

13 September 2018, Published under Cement News

Cemex USA has purchased a limestone quarry in Chico, 45 miles northwest of Fort Worth in Texas, from Blue Star Materials II. Cemex will use the reserves which are expected to last another 25 years to supply aggregates for roads, bridges, commercial buildings, housing and other building projects in the state of Texas. The quarry covers 122ha. "The Dallas-Fort Worth area is expected to grow exponentially over the next 30 years," Cemex USA Regional President-Texas and New Mexico, Joel Galass...

Will consolidation increase competition in Germany?

16 March 2018, Published under Cement News

The German cement industry took another step along the road to consolidation this week with news that Dyckerhoff AG was in position to acquire Portland Zement Seibel und Sohne GmbH & Co , subject to the prior approval of the Bundeskartellamt, Germany's anti-competition authority. The acquisition would add a further 0.7Mta of cement capacity to the Dyckerhoff Group in Germany, where the Buzzi-owned company already operates five integrated and two grinding plants. The Seibel & Sohne Er...