Cement News tagged under: corporate
Holcim acquires General Beton Romania08 July 2022, Published under Cement NewsHolcim has acquired General Beton Romania, a leading player in the Romanian ready-mix concrete (RMC) market with estimated 2022 net sales of EUR45m. The move is designed to expand Holcim's RMC portfolio across Romania's major urban centres and help Holcim reach its target of 25 per cent of RMC sales coming from ECOPact. With the addition of General Beton Romania's eight RMC plants, Holcim Romania will now operate 27 RMC facilities in the country. Miljan Gutovic, region head of Europe, Mid... |
Hoffmann Green Cement Technologies opens Swiss subsidiary08 July 2022, Published under Cement NewsFrance-based Hoffmann Green Cement Technologies (HGCT) announced the opening of its first international subsidiary in Switzerland, as part of a joint venture with an undisclosed Swiss construction company. The joint venture will be the exclusive distributor of HGCT’s cement in Switzerland. Julien Blanchard and David Hoffmann, co-founders of Hoffmann Green Cement Technologies, said: "After signing our first contract outside of France more than a year ago, we are proud to accelerate our int... |
Shree Cement targets improved distribution07 July 2022, Published under Cement NewsShree Cement , India's country’s third-largest cement group, plans to increase its share in its existing markets by offering varied products based on requirements of different customers and improving distribution as a short-term goal. “We are envisioning an increase in installed capacity to 80Mta by 2030, exploring new geographies through both the organic and inorganic routes,” Prashant Bangur, joint managing director, Shree Cement, told shareholders in the company’s annual report for F... |
Holcim El Salvador starts Plants of Tomorrow technology at Maya plant07 July 2022, Published under Cement NewsHolcim El Salvador has been celebrating the opening of its state-of-the-art Maya cement plant. The Maya plant upgrade is part of the group’s 'Plants of Tomorrow' programme, one of the largest roll-outs of Industry 4.0 in the building materials industry. At Maya, the company is deploying innovative technologies for increased safety, efficiency and sustainability, including a remote plant control system, drones for kiln and tower inspections, mobile app to track production levels a... |
Holcim to acquire building solutions provider Cantillana06 July 2022, Published under Cement NewsHolcim has entered into an agreement to acquire Cantillana, a key Belgium-based specialty building solutions provider. With estimated net sales of EUR80m in 2022, Cantillana’s extensive experience in façade construction systems and external thermal insulation composite systems will further strengthen Holcim’s position in building renovation and energy efficiency solutions. It follows recent acquisitions of PRB Group in France, PTB-Compaktuna in Belgium and Izolbet in Poland. Cantillana has... |
CalPortland acquires Redding cement plant05 July 2022, Published under Cement NewsCalPortland has purchased the Redding cement plant and other assets from Martin Marietta Materials Inc. In addition to the Redding cement plant in northern California, the assets include related cement distribution terminals and 14 ready-mixed concrete plants located in California. “We are pleased to welcome the new employees and related facilities to the CalPortland family,” said Allen Hamblen, president/CEO, CalPortland Co. “These assets will serve an important role in continuing CalPor... |
RCC Cements MD resigns05 July 2022, Published under Cement NewsSunil Kumar has tendered his resignation from his role as managing director of New Delhi-based RCC Cements Ltd, according to a letter to the Bombay Stock Exchange dated 4 July 2022. The letter will now be placed before the Board of Directors for consideration, reports Reuters. |
UltraTech Cement stalls on plant purchase04 July 2022, Published under Cement NewsUltraTech Cement has reportedly done a U-turn on its agreement to purchase a cement plant from Jaiprakash Associates. The 3Mta plant formed part of UltraTech's acquisition of six integrated cement plants and five grinding units from the Jaypee Group , at a total cost of INR161,890m (US$2.4bn). A number of environnmental clearances were pending related to the plant, according to The Economic Times. Both companies agreed that the final date for payment for the plant would be 30 June 2022... |
Holcim acquires Mathers Group04 July 2022, Published under Cement NewsHolcim has acquired the quarry and asphalt businesses of Mathers Group Inc in Quebec, Canada, including Carrière St-Eustache Ltée and Pavage St-Eustache Ltée. The acquisition advances Holcim’s “Strategy 2025 – Accelerating Green Growth”. This acquisition will expand the Holcim Group’s footprint in the dynamic Quebec market, where infrastructure investment is projected to drive high growth across the eastern Canada region. As the largest crushed stone producer in Quebec, this transaction a... |
MSG Group signs Berbera plant deal with Bedeschi01 July 2022, Published under Cement NewsMSG Group of Companies through its Dubai based subsidiary company, Horn Holding Group Ltd (HHG), has signed an agreement with Bedeschi SPA for the construction of phase 1 of an integrated cement plant in Berbera, Somaliland. The plant will take about 18 months to construct with installed cement capacity of 700,000tpa. The entire plant project will take three years to complete with a production capacity of 3300tpd of cement and 3000tpd of clinker. The Phase 1 of the project is expect... |