USA: Bessemer Cement partly under Argos ownership
Argos USA purchased 13.92 acres of the 114 acre Bessemer Cement plant site from Essroc Cement Corp for US$1,226,026 in November 2016,
Heidelbergcement
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HeidelbergCement announces Quarry Life Award winners of 2016
On 8 December 2016, the winners of the International Quarry Life Award were presented in Brussels, Belgium. This was the third edition of this bi-annual competition established ...
HeidelbergCement completes sale of US assets to Cementos Argos
HeidelbergCement has completed the US$660m sale of the Martinsburg cement plant and eight terminals to Cementos Argos. The Martinsburg plant has a clinker and cement capacity of...
HeidelbergCement issues EUR1bn
HeidelbergCement has priced a Eurobond issue under its EUR10bn EMTN programme with an issuance volume of EUR1bn and a maturity date of 7 February 2025. Demand was very high and ...
HeidelbergCement submits EIA for Kaspi
HeidelbergCement has submitted an environmental impact assessment for its US$100m Kaspi modernisation in Georgia. The report will be discussed on 17 January 2017 after intereste...
HeidelbergCement merges HC Trading and Interbulk Trading
Following the acquisition of Italcementi by HeidelbergCement Group, HC Trading and Interbulk Trading have merged their operations into a new company with a total turnover of rou...
USA: FTC approves HeidelbergCement divestiture
The US Federal Trade Commission (FTC) has given its approval to an application from HeidelbergCement and Italcementi for the divestiture of the Essroc Martinsburg cement plant i...
Two ratings firms improve gradings for HeidelbergCement
S&P Global Ratings and Moody's have upped their investment ratings for HeidelergCement following the company's 3Q16 results and the Italcementi acquisition. S&P Global Ratings h...
HeidelbergCement sees improved results across the board for 3Q16
In its first results that include the consolidation of Italcementi, HeidelbergCement reported a significant improvement in sales volumes, revenue and operating income in the thi...
9M16 results see upturn in the US and Egypt
Several cement companies released their 9M16 results this week. While the US and Egypt provided a healthy boost to business results for companies such as