US group offers US$500m for Cementos Bío Bío
Chile-based Cementos Bío Bío revealed that on 29 May it received an offer from US group Mississippi Lime Co to acquire 100 per cent of the company and that the shareholders are ...
Weekly Newsletter
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ICG launches fourth cement plant in Kazakhstan
Singapore’s Mainboard-listed International Cement Group (ICG) has inaugurated its fourth integrated cement plant, Korcem, in Kazakhstan’s Jambyl Region. The US$153m facility, lo...
Cimsa secures US$70m green loan from IFC for sustainability initiatives
Türkiye-based cement manufacturer Cimsa , a unit of Sabanci Holding , has secured a US$70m green loan from the International Finance Corporation (IFC), a member of the World Ban...
CBMI to build calcined clay plant in Cote d'Ivoire
CBMI has signed an EPC contract with CIMCI for a 1200tpd clay suspension calcination line and 500,000tpa cement grinding project in Côte d'Ivoire. CBMI has successfully signed a...
US cement sales drop sharply in August
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico amounted to 9.926Mt in August, down 8.9 per cent YoY from the 10.901Mt recorded in ...
Yura announces bid to acquire stake in Cementos Bío Bío
Yura Chile SA, part of Peru's Yura (Gloria Group), has announced the start of a public offer for the acquisition of shares in Chile to purchase a stake of up to 20.059 per cent ...
Votorantim Cimentos posts BRL1bn net profit in 3Q24
Votorantim Cimentos reports it completed its 3Q24 results with a net profit of BRL1bn (US$17.3m), a 24 per cent increase compared to BRL824m in the same period last year, primar...
Loma Negra posts 9% drop in 3Q net profit
Loma Negra reported a net sales revenue of ARS180,686m (US$185m) in the third quarter of 2024, down 21.2 per cent YoY due to a 21 per cent drop in sales volumes of the company’s...
Geseke CCS project reaches technical planning phase
In October, with the awarding of the contract, for GeZero between Heidelberg Materials and Fluor Corp the GeZero Carbon capture and storage (CCS) project at Geseke cement plant ...
CRH announces group 3Q24 revenues of US$10.5bn
CRH announced total revenues for the group of US$10.5bn (3Q23: US$10.1bn) in the 3Q24 were four per cent ahead, while organic total revenues were one per cent behind the corresp...