CSN advances cement business sale with second bidding round
Brazil's CSN has launched a second round of bidding for its cement business, with the sale expected to close by the end of 2026 for more than BRL10bn (US$1.95bn), according to R...
Huaxin Building Materials
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Chinese Cement manufacturers drive aggressive bidding for Brazilian industry giant
The auction for Brazilian industrial heavyweight Companhia Siderurgica Nacional cement division has intensified as three of China largest cement producers lead a highly competit...
Lafarge Africa to rebrand as HBM Nigeria
HBM, short for Huaxin Building Materials, follows the sale of Holcim's 83 per cent stake in Lafarge Africa to Huaxin Cement in December 2024. The name change will require amendm...