Sabanci reportedly considers the sale of three facilities
Turkey’s Sabanci Holding is considering the sale of three of its cement factories, according to Reuters. The factories include Çimsa’s Kayseri (1.1Mta) and Nidge (0.81Mta) units...
Asset Sale
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Caribbean Cement considers exiting lease agreement
Caribbean Cement could reduce its costs by approximately a third, US$10m, annually if it exits a lease agreement with its parent company, Trinidad Cement Company (TCL), accordin...
HeidelbergCement to sell calcium silicate unit business
HeidelbergCement has signed an agreement with H+H International A/S and its subsidiary H+H Deutschland GmbH to sell its calcium silicate unit business (HDKS), according to a pre...
Binani Cement sale attracts multinationals and local producer interest
Binani Cement has attracted interest of as many as 15 bidders, say senior officials at the comapny, including CRH, Lafarge and Heidelberg Cement as well as local players India C...
Cemex
Cemex is raising around a further US$400m through the sale of cement assets in Ohio to Eagle Materials. The deal primarily concerns a 0.9Mta integrated cement works at Fairborn ...
India: reason for optimism? Premium
The first quarter of 2016 provided some basis for optimism for India’s cement producers as the sector reported double-digit expansion. However, in the months ahead, the monsoon ...
Holcim Westport land for sale
Following the closure of Holcim's Cape Foulwind cement plant in Westport, New Zealand, the plant site and its 400ha of land are for sale. The 60-year old Holcim plant is due to ...
Cemex intends to reduce its US exposure to reduce debt
In a further effort to reduce its high gearing, which stood at 180.1 per cent at the end of March, Cemex has agreed to sell assets worth US$400m to a US subsidiary of the Mexica...