Adani group to consolidate cement operations under one entity
The Adani group, whose subsidiaries include Ambuja Cements and Orient Cement , says it has started the process of consolidating its cement operations under one entity. The group...
Consolidation
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GCCA approves concentration in Georgian grey cement market
The Georgian Competition and Consumer Agency (GCCA) has approved the acquisition of equal 50 per cent stakes in LLC Max Import by Levan Varsimashvili and Gia Varsimashvili. Desp...
A new round of Russian consolidation
The RUB161m acquisition of Eurocement's assets by the Mikhailovsky Combine of Building Materials ( Smikom group) in June 2021 has sent the Russian cement market into a new conso...
Southeast Asia: tough times – consolidation ahead? Premium
As Western giants are exiting the southeast Asian cement market, a new wave of consolidation, this time by local companies, is taking place. By Manas Tamotia, LEK Consulting, Si...
Vietnam's cement exports rise 4% in 5M19
Vietnam exported 13.82Mt of cement worth US$589.95m in the 5M19, an increase of four per cent YoY in volume and 23.2 per cent in value, according to the General Department of Vi...
India: marking time Premium
While the monsoon has been kind to India this summer and is likely to help a recovery in cement demand next year, India’s cement producers are still marking time as they wait fo...
China Cement Association urges consolidation
The China Cement Association has petitioned policymakers to speed up consolidation in the cement sector, which currently has 3500 producers. The consolidation aims to concentrat...
China National Building Materials (CNBM)
All eyes will be back on China National Building Materials (CNBM) as the country announces the latest deal in its drive to consolidate its cement sector. Beijing-based cement pr...
Nigeria's long-term viability Premium
Despite short-term macroeconomic challenges, Nigeria’s demand for cement is expected to expand significantly in the longer term. Investments in infrastructure, population growth...