CEMEX in talks to sell Dominican Republic business
CEMEX is reportedly considering selling its assets in the Dominican Republic. According to Bloomberg, the cement producer is working with J P Morgan Chase & Co on the potential ...
Weekly Newsletter
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Holcim opens its Innovation Hub
Holcim has announced the opening of its Innovation Hub to showcase its sustainable building solutions and serve as a co-creation lab to accelerate low-carbon, circular and energ...
Adani Cements plans green capacity expansion
The new capacity additions for Adani Cements would be only for manufacturing of green cement, as it looks to double the production of the commodity to about 140Mta by FY27-28. T...
PPC appoints new CEO
South Africa-based cement producer PPC has appointed Matias Cardarelli as its new CEO. Mr Cardarelli was employed previously as CEO and chairperson of Natal Portland Cement , pa...
JSW Cement reveals IPO plans to fund expansion
JSW Cement is planning to launch an initial public offering (IPO) in 2024 to raise INR40,000m (US$483.8m) to fund its ongoing expansion plans, reports Live Mint. “In 2024, we ar...
BUA Cement says new plants will drive down cement prices
BUA Cement has said that it hopes the completion of its two new plants this year would result in the lowering of cement prices in Nigeria. The company plans to add 6Mta of cemen...
Adani Cements will not require external loans for capex expansion
Adani Cements is looking to rely on operating cash flows and internal accruals to fund its INR460,000m (US$5.5bn) expansion capex over the next five years, without the need for ...
Fauji Cement Co sees profit expand YoY in FY23
Fauji Cement Co Ltd (FCCL) has earned profit after tax of PKR7.4bn (US$24.34m) in FY23, compared to PKR7.1bn in FY22. The result comes despite the retrospective increase in the ...
Sika concrete recycling technology receives US$11m in funding
Sika has received CHF10m (US$11.34m) in funding for its innovative reCO2ver ® concrete recycling technology. ReCO2ver involves a novel concrete recycling process that allows old...
H&M Construction Co to build GCC K3 Odessa expansion project
H&M Construction Co, Inc has been selected by GCC to be the design-builder of its new K3 pyroprocessing expansion at the Odessa , Texas, USA facility. GCC, a leading producer of...