Cement News tagged under: vertical integration
Cemex divests of its Pacific Northwest Materials business in the US18 April 2017, Published under Cement NewsCemex announced that one of its subsidiaries in the US has signed a definitive agreement for the sale of its Pacific Northwest Materials Business to Cadman Materials Inc, a LehighHanson company and US subsidiary of HeidelbergCement Group, for approximately US$150m. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes. The closing of this transaction is subject to the satisfaction of certain conditions, including approval... |
Limak Cement's evolution07 October 2015, Published under Cement NewsSince 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 ... |
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