Cement News tagged under: Mitsubishi Materials
Mitsubishi Materials and Ube Industries Ltd consider cement merger14 February 2020, Published under Cement NewsJapan’s Mitsubishi Materials Corp has signed letter of intent regarding the merger of its cement business with Ube Industries Ltd. The company’s will now begin discussions regarding the integration and plan to sign a definitive agreement around September 2020. The two companies already have a joint venture, Ube-Mitsubishi Cement Corp, established in 1998. "While the business situations surrounding the cement business in Japan are currently undergoing significant changes, including slowing ... |
Mitsubishi Materials plans to bolster US business11 September 2015, Published under Cement NewsMitsubishi Materials plans to invest as much as JPY3bn-4bn (US$24.9m-33.2m) to bolster its US business, according to reports in the Nikkei Asian Review. As early as 2016, the company will restart its Long Beach, California, receiving terminals and holding facilities that have been put on hiatus since 2009.The cement maker will also build new terminals and facilities in San Diego, with construction scheduled to start in 2017. The two installations will handle 2.5Mta, which will be sourced fr... |
Mitsubishi Materials Corp to reopen California terminal20 June 2014, Published under Cement NewsMitsubishi Materials Corp, Japan’s second-biggest cement maker, plans to restart its US import terminal for the first time in seven years, Naoki Ono, president of the company’s cement operations, told Bloomberg in a recent interview. The company is preparing to reopen its terminal in California’s Long Beach as soon as the second half of 2015 and is considering a second US terminal in San Diego, Naoki Ono said. It is also eager to buy existing output plants or ally with others to secure supp... |
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