News

Holcim and One Earth One Ocean launched today the Circular Explorer in Manila to be part of cleaning coastal areas in the Philippines. The first-of-its-kind 100% solar powered catamaran, the Circular Explorer is designed to recover up to four tons of plastic waste per day to preserve vital marine ecosystems in a sustainable way.

This partnership will allow DBRL to provide the latest technology products to its steel customers in India and other parts of the world

Holcim has entered into an agreement to acquire Cantillana, a leading specialty building solutions provider based in Belgium with 2022 estimated net sales of EUR 80 million. 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, building on the recent acquisitions of PRB Group in France, PTB-Compaktuna in Belgium and Izolbet in Poland.

Total cement despatches including domestic and exports during the fiscal year 2021-22 (FY22) clocked in at 52.89 million tons which is 7.91 percent lower than 57.43 million tons despatched during FY21, Profit learnt.

Xelmont Ltd, an indirect wholly-owned subsidiary of Mudajaya Group Bhd, has entered into a share sale and purchase agreement with Minyi Holdings Ltd to acquire the entire equity interest in Real Jade Ltd for RM224.32mil to be fully satisfied by cash.

Holcim has acquired the quarry and asphalt businesses of Mathers Group Inc. in Quebec, Canada, including Carrière St-Eustache Ltée and Pavage St-Eustache Ltée. 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.

UltraTech is bringing in 157,000 tonnes of coal from Russian producer SUEK that loaded on the bulk carrier MV Mangas from the Russian Far East port of Vanino, the document showed. It cites an invoice dated June 5 that values the cargo at 172,652,900 yuan ($25.81 million).