Cemex España seeks authorisation for Cemex Latam public offering
Cemex España has requested the authorisation of the Financial Superintendency of Colombia (SFC) to begin a public offering of every ordinary and outstanding share of Cemex Lata...
Western Europe
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Germany's VDZ extends cautious outlook
Speaking about the development of the German cement market, Christian Knell, president of Germany's cement association VDZ, says "It has rarely been so difficult to make a fore...
Simon Willis appointed new MPA chairman
Hanson UK CEO, Simon Willis, has been named as the new MPA chairman for the next two years, succeeding Martin Riley, Tarmac’s vice president. “We are delighted that Simon has...
CRH revenues expected to recover in 3Q20
Following the release of CRH's 2020 interim results last Friday, ICR now takes a deeper look at what the underlying trends have been for the company's trading performance durin...
FLSmidth's revenue guidance for 2020 is DKK15.5-17bn
FLSmidth's revenue in 2020 is forecast to be DKK15.5bn-17bn (US$2.48bn-2.72bn), says the company. EBITA margin is expected to be 4.5-6 per cent, which takes into account around...
CMA raises competition concerns over Breedon and Cemex deal
Breedon’s purchase of certain Cemex assets has raised competition concerns in the supply of building materials in some parts of the UK, the Competition & Markets Authority (CMA...
Shares in Titan Cement International sold
Titan Cement International SA announced the disposal of 7701 shares by its subsidiary Titan Cement Company SA of Titan Cement International SA. The shares were sold on 21 Augus...
More jobs to go at South Ferriby
Another 26 jobs will go at Cemex's mothballed South Ferriby Cement plant after a review of the tanker fleet. The plant in north Lincolnshire, UK, lost 110 jobs last month and t...
Imerys set to acquire 60% stake in refractory supplier
France-based Imerys has signed an agreement for the acquisition of a 60 per cent stake in Turkey’s Haznedar Group, a high-grade monolithic refractories and refractory brick man...
Turkish cement exports to Germany rose 4.2% in the 1H20
The export of cement from Turkey to Germany increased 4.2 per cent from January-July 2020 compared to the same period of 2019, exceeding US$140.4m, reported the Turkish Ministr...