CRH plc completes Philippines element of LafargeHolcim transaction
CRH has completed the acquisition of the assets acquired from LafargeHolcim in the Philippiness. In early August, CRH confirmed that the majority of the transactions relating to...
Weekly Newsletter
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Cementos Argos included in the Dow Jones Sustainability Index for the third-consecutive year
The Dow Jones Sustainability Index has selected Cementos Argos once again as one of the three most sustainable cement companies in the world. For the third-consecutive year, the...
Competition Market Authority consults on draft cement price announcement order
The Competition Market Authority (CMA) has published a draft order which would prohibit cement suppliers in Great Britain from sending generic price announcement letters to thei...
PCA expects 2015 demand to increase 5%
Despite volatility in equity markets and concerns about global growth conditions, PCA Chief Economist and Group Vice President, Edward Sullivan, has said “the fundamentals in th...
Senj Sant cement plant opens in Mongolia
A newly-opened greenfield cement plant is set to boost Mongolia’s domestic supply of building materials at a time when the country is looking to stimulate new investment and con...
LafargeHolcim offer to pay down €1.75bn debt
LafargeHolcim announced that they have offered to pay down EUR1.75bn worth bonds (average cost of 5.8 per cent) with an expiration date of 15 September. JP Morgan believe this s...
CEMBUREAU: EU-ETS proposal needs to incentivise best performers
The European Commission (EC) recently published the long-awaited post-2020 EU Emissions Trading Scheme (EU-ETS) proposal.
Nigeria: BUA Cement signs US$600m expansion deal with Sinoma
BUA Group has signed US$600m worth of contracts with China's Sinoma International Engineering Co to double capacity at its Obu cement plant. The plant currently produces 3.5Mta,...
PPC Zimbabwe's capacity to rise to 1.5Mta in 2016
Pretoria Portland Cement (PPC) plans to expand its cement capacity to 1.5Mta from the current 1.1Mta, following the completion of the company's new Msasa cement plant next year.
HeidelbergCement strengthens finances for Italcementi deal
HeidelbergCement has strengthened its financing to prepare itself for the acquisition of Italcementi. On 31 August, the cement producer completed the disposal of its lime busine...