Cemex invests in building materials delivery start-up
Cemex Ventures, the venture capital business of Cemex, has announced it has invested in GoFor Industries, a logistics marketplace for on-demand delivery of building materials an...
Investment
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Belarusian cement industry yet to see a return on investment
The chairman of Belarus’ State Control Committee, Leonid Anfimau, has stated that the funds invested in the domestic industry have yet to see a return. "The state has spent huge...
CDPQ to invest additional CAD150m in Ciment McInnis
Caisse de dépôt et placement du Québec (CDPQ) will invest a further CAD150m (US$115m) to Ciment McInnis, despite evaluating a possible divestment in the cement maker over the pa...
PPC
PPC Zimbabwe is planning to invest some of its dividends in government bonds to increase local procurement, according to the company. PPC currently runs three plants in the coun...
Votorantim on course to diversify and make new investments
Votorantim SA's CEO, João Miranda, says the company is preparing to further diversify its portfolio after reaching its leverage ratio goal in 2018. The group is seeking investme...
Grupo Argos to invest COP2.6trn in subsidiaries in 2019
Colombia’s Grupo Argos, parent company of Cementos Argos, has stated that it plans to invest around COP2.6trn (US$816m) in its cement, energy and construction subsidiaries this ...
Libya Cement Co launches EUR200m investment programme
Libya Cement Co (CC) has announced an investment programme of EUR200m to be carried out over the next five years to increase its cement capacity. The investment will cover a mix...
Sabanci Holding to invest TRY6bn in 2019
Sabanci Holding, one of Turkey's largest conglomerates, has said it is planning a total of TRY6bn (US$1.13bn) of investments this year. "This figure excludes any acquisitions or...
Holcim Mexico expects to invest up to US$50m in 2019
Holcim Mexico announced its plans to invest US$30-50m in improving its operating efficiency and distribution network of its cement and concrete plants. "We have a network of ove...
Vicat Egypt to invest in Sinai Cement
Vicat Egypt is expected to invest up to EUR30m in Sinai Cement Co to meet the demand of the local and regional market. Tamer Magdy, CEO, Vicat Egypt, made the announcement durin...