S&P confirms Buzzi, Dyckerhoff rating; negative outlook
Buzzi Unicem said today that Standard & Poor’s confirmed the long-term corporate rating (BB+) on Buzzi Unicem and its German subsidiary Dyckerhoff AG and the short-term rating (...
Germany
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Heidelberg updates on sustainability efforts
HeidelbergCement has released its 2011/2012 Sustainability Report, highlighting topics and challenges for the German cement major in its drive for sustainable development. The n...
Refratechnik Group acquires Burton GmbH, Germany
The Refratechnik Group, a leading manufacturer of ceramic refractory products has acquired the facilities of Burton GmbH & Co. KG in Melle, near Osnabrück, Germany. As a result ...
GMK and IKN sign waste heat recovery partnership, Germany
Germany-based companies GMK GmbH and IKN GmbH have entered into an exclusive partnership to develop and market waste heat recovery systems for the cement industry. On 16 Septemb...
Sinoma acquires majority stake in Hazemag
Sinoma International Engineering Co Ltd has acquired a majority stake in German mining equipment firm Hazemag & EPR for US$137m.
Holcim and Cemex to swap, combine assets in Europe
Holcim and Cemex have reached an agreement to conduct a series of transactions to exchange and combine assets in parts of Europe with the aim of improving synergies and boosting...
Buzzi Unicem completes buy-out of Dyckerhoff shares
Buzzi Unicem said on Tuesday that the squeeze-out of all outstanding ordinary and preferred shares in German-based Dyckerhoff AG still held by minority shareholders was recorded...
HeidelbergCement mulls sale of non-core assets
HeidelbergCement is considering the sale of non-core assets, its CEO Bernd Scheifele told local press in a recent interview. Speaking to the Boersen-Zeitung on Tuesday, Mr Schei...
HeidelbergCement increases pre-tax profit by 52.1 per cent
HeidelbergCement's first half turnover was virtually unchanged at €6560.4m (-0.3 per cent), while the EBITDA improved by 5.1 per cent to €953.1m as energy and raw material costs...
Russia and USA prove Dyckerhoff's only first-half bright spot
German cement major and Buzzi Unicem subsidiary Dyckerhoff AG reported a decline in first-half sales volumes across all its market except Russia and the USA. Consolidated sales ...