Cement News tagged under: ready-mix

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Egyptian cement prices fall 3% in March

01 April 2020, Published under Cement News

The price of Portland cement in Egypt fell 2.5 per cent MoM to EGP780/t (US$49.4/t) in March 2020, compared to EGP800/t in February, according to the Central Administration of Needs and Building Materials. White cement prices remained stable at EGP2400/t during the first three months of 2020, the report added. Elsewhere, ready-mixed concrete prices remained stable YoY at around EGP725/m 3 in the 1Q20.

Cemex UK has launched Vertua® ultra zero – a carbon neutral concrete

25 February 2020, Published under Cement News

Cemex UK claims to have launched the UK's first ready-mix concrete that is a carbon-neutral product. The Vertua ® low-carbon concrete range can offset any residual CO 2 to provide a carbon-neutral product, in accordance with The CarbonNeutral Protocol, says Cemex UK. The range features a variety of bespoke concrete mix designs and includes the Vertua ultra zero option, which is a CarbonNeutral product. This product achieves a 70 per cent reduction in embodied carbon emissions, with the re...

Pan-United signs MoU for AI development

06 January 2020, Published under Cement News

Pan-United Corp of Singapore has signed a Memorandum of Understanding (MoU) with South Korea's largest ready-mix company, Eugene Corp, to explore the possible use of artificial intelligence (AI). The MoU will allow Eugene Corp to assess and evaluate the utility of Pan-United's AiR platform, before exploring further opportunities for the adoption of the software.

Azerbaijan records 2% decline in cement production

04 December 2019, Published under Cement News

Azerbaijan has seen a two per cent YoY decline in cement production to 2.8Mt during the 10M19, according to the State Statistical Committee. Overall construction materials output rose by 3.8 per cent YoY in terms of value to AZN648.7m (US$382.3m). Ready-mix concrete production surged 27.8 per cent to 1.52Mt compared with the 10M18, while the output of prefabricated concrete structures decreased 55.4 per cent to 35,700m 3 .

LafargeHolcim's takeover of Somaco to be investigated

27 August 2019, Published under Cement News

Romania's competition authority is to analyse LafargeHolcim's acquisition of Romanian precast concrete producer Somaco. LafargeHolcim had signed an agreement in July with Romanian-based Oresa for the acquisition of Somaco.  LafargeHolcim wants to develop its ready-mix and aggregates business in Romania and Somaco owns five precast concrete plants and one aerated block company. Somaco reported net sales of EUR56m in 2018. If the Competition Council is satisfied that the multinational...

Cement production rises 5% in Azerbaijan

24 May 2019, Published under Cement News

In the first four months of 2019, the total value of building materials production in Azerbaijan rose five per cent YoY to AZN240m (US$141.5m). Cement production increased 5.2 per cent over the same period to 0.99Mt. Ready-mix concrete advanced 11.7 per cent YoY to 0.42Mt. However, production of precast concrete building structures declined 52.5 per cent to 14,100m 3 .

LafargeHolcim makes two ready-mix acquisitions

05 February 2019, Published under Cement News

LafargeHolcim has announced the acquisition of US-based Transit Mix Concrete Co on 1 February 2019. As part of the transaction, the company will take ownership of seven ready-mix concrete plants and a sand quarry. Furthermore, in January 2019, LafargeHolcim acquired the precast and ready-mix businesses of Alfons Greten Betonwerk in northern Germany. As a result, the company added one precast and one ready-mix plant in Lower Saxony to its operations. "In line with our Strategy 2022 – 'Build...

Mexican ready-mix prices to rise 20%

13 December 2018, Published under Cement News

Mexico's ready-mix concrete producers are set to raise prices by 20 per cent. The Mexican Association of Independent Concrete Producers (AMCI), representing 70 per cent of the production companies in Mexico, cited the rising cost of cement and aggregates, including sand and limestone as well as higher prices for diesel and electricity. The price rise will come into effect on 1 January 2019.  "This increase... is due to the rise in 2018 of all our inputs," said Jorge Pérez, Cemex's Media Rel...

Breedon to find remedies with CMA to conclude Tarmac quarry deals

26 April 2018, Published under Cement News

Breedon Group Plc's proposed phase 1 acquisition of certain assets from Tarmac, in exchange for a number of ready-mixed concrete plants and a cash payment, as announced on 13 December 2017 has been reviewed by the Competition and Markets Authority (CMA). The CMA has cleared Breedon's acquisition of four quarries from Tarmac but has concluded that there is a realistic prospect of a substantial lessening of competition in three local areas in England and Wales in relation to the supply of r...

Tokyo Cement Co (Lanka) incorporates ready-mix subsidiary

16 February 2018, Published under Cement News

The Colombo Stock Exchange has been informed that Tokyo Cement Company (Lanka) PLC is incorporating Tokyo Supermix (Pvt) Ltd, a fully-owned subsidiary. The Primary objective for setting up the company is for operate manufacturing and distribution of ready-mixed concrete and value added cement products under a separate entity. Tokyo Cement Company (Lanka) PLC proposes to transfer all the assets and liabilities of the ready-mix operation to the fully owned subsidiary company.