CEMEX Espana to consider next step after EUR456 tax fine
CEMEX has announced that its subsidiary, CEMEX España, will pay approximately EUR456m in fines as a result of a tax audit in Spain that commenced in July 2011 and covered the ye...
Western Europe
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RHI Magnesita opens new office in Mexico
RHI Magnesita has opened a new customer service hub in Monterrey, Mexico. The new offices are located in San Pedro Garza Garcia, Nuevo León. “We are proud to be expanding into M...
CRH reports 8% sales growth in 9M23
CRH has posted sales of US$26.3bn for the first nine months of 2023, up eight per cent on the same period a year earlier. EBITDA in the 9M23 has come in at US$4.8bn, marking a 1...
Can Germany's construction sector avoid collapse?
This week the Financial Times cited that the growing collapse in the German housebuilding sector could spread through the wider economy. Germany's construction sector has plumme...
Holcim US rebrand reaches Atlanta
Holcim US has announced that the expansion of its rebrand has now touched down in Atlanta, Georgia, one of its major cement distribution markets. The transition will see the com...
Cementos Molins signs sustainability-linked loan
Cementos Molins of Spain has signed a second novation of its sustainable syndicated financing, which was originally formalised in 2019 with a first novation completed in 2021. T...
Holcim exits Uganda and Tanzania
Holcim has signed agreements to divest its businesses in Uganda and Tanzania. It has agreed to sell Hima Cement Ltd , its local subsidiary in Uganda, to the Sarrai Group, for an...
Materials scientists call for wider adoption of low-carbon cement
Convening at a symposium in Paris hosted by Ecocem , Europe’s leading low-carbon cement technology business, scientists shared latest research papers on low-carbon cement techno...
MPS urges UK government to invest
Ahead of the UK Government’s Autumn Statement on 22 November 2023, the Mineral Products Association (MPA) has written to the chancellor of the exchequer, Jeremy Hunt, urging the...
CRH and Volvo collaborate on net zero
CRH and Volvo Group have signed a Memorandum of Understanding (MoU) to accelerate net-zero innovations in the design and deployment of on-road vehicles and off-road equipment us...