FLSmidth enters agreement to divest air pollution control business
FLSmidth has entered into an agreement to divest its air pollution control (APC) business to Rubicon Partners, a UK-based investment partnership focussed on the acquisition of c...
Divestment
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Cementir Holding divests its Kars cement plant in Turkey
Cementir Holding NV has announced its intention to sell the Kars cement plant in Turkey, currently jointly-owned by two of its subsidiaries. Çimentas AS and Alfacem Srl have ent...
Cemex considers selling Colombian operations
The cement industry in Colombia could be on the verge of a major shake-up with the possible exit of Cemex, as the company is reported to be exploring the sale of its operation i...
Ultracem sells stake in Honduran assets
Ultracem announced through Ultracem Centroamérica SA, it is selling part of its assets in Honduras. The deal was carried out through the indirect sale of Duracem Honduras shares...
Titan Group announces divestment of Adocim Cimento Beton shares
Titan Cement International SA has announced a definitive agreement to divest its 75 per cent share in Adocim Cimento Beton Sanayi ve Ticaret AS , comprising cement assets locate...
Cemex completes sale of Philippine operations
Mexico-based concrete and building materials company Cemex has announced the completion of its previously disclosed divestment of operations in the Philippines. The transaction ...
CSN looks to buy InterCement's Loma Negra
InterCement Participações , the indirect controlling shareholder of the cement producer Loma Negra in Argentina, agreed to a new exclusivity period in favour of Companhia Siderú...
Attock Cement Pakistan receives sales proceeds from the Iraqi plant
Attock Cement Pakistan Ltd informed the Pakistan Stock Exchange (PSX) on 9 September that it had received the sales proceeds of its stake in a cement facility in Iraq. Attock Ce...
Cemex completes divestment in Neoris for US$209m
Cemex has finalised the sale of its remaining stake in Neoris, a digital accelerator founded more than 20 years ago. The sale will enable the company to focus on its core busine...
Cementos Progreso emerges as a true regional player
While Cemex has divested its Caribbean assets in the Dominican Republic, one company has jumped on the opportunity to expand its presence in the region. Guatemala-based Cementos...