Romania fines top cement producers EUR44m for price collusion
Romania’s Competition Council announced it has imposed fines totalling RON217m (US$45m) on the country’s three largest cement producers — Holcim Romania, Romcim, and Heidelberg ...
Europe
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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...
FLSmidth announces proposed changes to its Board of Directors
FLSmidth & Co A/S has announced proposed changes to its Board of Directors (BoD) ahead of the Annual General Meeting on 2 April 2025. Current Vice Chair, Mads Nipper, is recomme...
INEOS-led Greensand Future to become first full scale CO2 storage facility
INEOS, the day-to-day operator, of ‘Greensand Future’ and its partners, Harbour Energy, and Nordsøfonden have announced the Financial Investment Decision (FID) to safely and per...
Global carbon market - a new era?
Regional cement conferences held over the last month from Tunisia to Turkey, Duesseldorf to New Delhi, have offered a timely opportunity to compare and contrast sentiment in the...
Charting the progress of biodiversity in Europe's quarries
As the first week of COP29 draws to a close, we consider the issue of biodiversity and the cement industry's impact on this important sustainability indicator. This week, CEMBUR...
Titan Cement International SA sees growth in sales and profit in 9M24 results
Titan Cement International SA , the Greece-based building materials giant, has released its nine-month results for 2024, reporting a 4.9 per cent increase in group sales to EUR1...
CRH develops wind farm to power Romanian plant
CRH has developed a new wind farm to provide renewable electricity to its Medgidia plant in Romania. The wind farm is the first of its kind in the country to exclusively power a...
Semapa Group attributes 9M24 growth to cement operations
Semapa Group, the parent company of Portuguese cement producer Secil , has reported a net profit of EUR181.6m (US$197.3m) for the first nine months of 2024, marking an 8.6 per c...
Holcim awarded grant for CCUS project in France
Holcim has been selected for a new grant from the EU’s Innovation Fund for its breakthrough carbon capture and storage (CCUS) project in Martres-Tolosane, France. This grant for...