Cement News tagged under: ready-mix

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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.

AfriSam wins two SARMA awards

15 September 2017, Published under Cement News

South African cement producer AfriSam dominated at the recent Southern African ReadyMix Association (SARMA) awards by winning two of the four accolades bestowed on the industry’s top performers for 2017. SARMA’s annual awards, held in Gauteng during the Concrete Conference in August, saw AfriSam receive both the 'Best Plant' award for its Wynberg ready-mix facility and the 'Best Fleet' award for its Gauteng ready-mix fleet. "The team is justifiably excited about winning this prestigious...

Azerbaijan: Akkord Concrete and Gazakh Cement merge

28 September 2016, Published under Cement News

The Akkord Industry Construction Investment Corporation OJSC has merged two of its businesses. The Akkord Concrete LLC and Gazakh Cement plant LLC have been merged, according to a news report from the Azeri-Press Agency. The news agency says the merger between the two enterprises was made known by the Ministry of Taxes. Akkord Cement LLC operates the 1Mta Gazakh cement plant in Dash Salahli village. Akkord Concrete LLC operates 10 concrete plants in the country with a ready-mix product...

USA: Summit Materials enters Las Vegas market with acquisition

05 May 2016, Published under Cement News

Summit Materials Inc has acquired Sierra Ready Mix LLC (Sierra), a vertically-integrated aggregates and ready-mix concrete business located in Las Vegas, Nevada. The acquisition provides Summit with premier, well-located assets in an expanding market.   Sierra is a well-established aggregates and ready-mix concrete supplier in the Las Vegas market with an excellent reputation for quality and service. It operates a sand and gravel pit and two ready-mix concrete facilities, and has a well-bala...

USA: Vulcan Materials sees 15.6% profit improvement

04 May 2016, Published under Cement News

Vulcan Materials, the largest US aggregates producer, generated a first-quarter turnover 15.6 per cent higher at US$754.7m while EBITDA doubled (+100.3 per cent) to US$155.9m. At the trading level, the first-quarter profit went from US$10.8m to US$64.9m and the net interest charge in the period dropped by 46.1 per cent to US$33.7m, giving a swing at the pretax level from a loss of US$50.7m to a US$30.5m profit and at the net attributable level the loss was replaced by a US$18.9m profit. Agg...


05 January 2016, Published under Cement News

Holcim Belgique is closing five ready-mixed concrete plants in Flanders, a move that will affect around 60 employees. The works being closed are at Furness, Ostend, Bruges, Izegem and Herentals. Lafarge Cement Zambia, which has a combined capacity of 1.4Mta from its two works, is to quadruple its exports to Congo and from Malawi. In additioin, the production should be increased by 0.1Mta from next month. The Chinese LafargeHolcim associate Huaxin Cement Company is to invest some US$150...

Limak Cement's evolution

07 October 2015, Published under Cement News

Since 2000 the Limak Cement Group has evolved from owning a single cement plant to becoming Turkey’s second-largest producer in terms of clinker capacity. CEO and Board member of the Limak Holding arm since its inception, Gültekin Aksüyek, speaks with ICR about ongoing investments in Turkey, plus expansion into international markets with new plants under construction and potential projects on the table. Gültekin Aksüyek, CEO and Board member of the Limak Cement Group, Turkey ...