Thomas Gruppe acquires Opterra Zement GmbH and Opterra Beton GmbH
Thomas Gruppe has confirmed the acquisition of Opterra Zement GmbH and Opterra Beton GmbH (east Germany), which have been owned by CRH Plc since 2015 as part of the pre-merger b...
Schwenk Zement
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Schwenk to increase stake in Akmenės Cementas
Germany’s Schwenk has received approval to increase its stake in Lithuania's only cement manufacturer, Akmenės Cementas. It was already the majority shareholder at 50.42 per cen...
Schwenk invests in cement mill and multichamber silo
Schwenk Zement plans to start operation of an additional cement mill and multichamber cement storage silo at its Broceni plant in Latvia at the end of this year. The completion ...
CI4C consortium makes progress with carbon capture project
The pilot project "catch4climate", for which four cement manufacturers have joined forces, is set to capture CO 2 at the site of the Mergelstetten cement plant in southern Germa...
Ohorongo Cement sale blocked by competition commission
The Namibian Competition Commission has reportedly blocked the NAD1.5bn (US$86.67m) sale of Schwenk Namibia, which manages and owns 69.8 per cent of Ohorongo Cement, to West Chi...
Schwenk Zement acquires 100% shares of Celitement GmbH
Schwenk Zement KG has taken over all shares of the previous fellow shareholders (including the Karlsruhe Institute of Technology) in Celitement GmbH and this has been backdated ...
Cemex Latvia changes name to Schwenk Latvija
Following its recent acquisition by Germany-based Schwenk, Cemex Latvia will change its name to Schwenk Latvija, according to reports by the LETA news agency. Cemex generated a ...
Cemex
Cemex has agreed to sell its operations in Latvia, where it owns the 1.6Mta cement plant at Broceni, as well as import and marketing operations in Sweden, where there are four, ...
Schwenk Zement to exit Namibia
This week, ICR learned that the Namibian cement market was in the process of change with Schwenk Zement's 0.7Mta Ohorongo plant now expected to come under control of Internation...
Croatia: EC prevents Cemex Croatian sale
Cemex SAB de CV has announced that the European Commission has refused Cemex permission to sell its Croation operations to Duna-Drava Cement Kft, a joint venture owned by Heidel...