News
28.07.2022 17:37BUA Cement seeks funds to expand Sokoto factory capacity
The management of Nigeria’s second-largest cement manufacturing company, BUA Cement Plc, said it has commenced the process of obtaining loans for the expansion of its integrated plant in Kalambaina, Sokoto State.
Region: Nigeria
27.07.2022 17:43Profitable growth continues with record results
Holcim has reported record sales on CHF14,681m (US$15,273m) in the first half of 2022, marking a 16.9 per cent increase YoY, driven by sales growth in all segments.
Region: Switzerland
CEMEX announced that it has signed a power purchase agreement with ACCIONA Energía for the supply of clean electricity for CEMEX’s cement operations in Spain. The agreement strengthens CEMEX’s efforts to ensure a sustainable and reliable supply of energy while also providing cost certainty for its operations in Europe.
Region: Spain
Holcim signed an agreement with Ol-Trans, the leader in ready-mix concrete in the Gdansk-Sopot-Gdynia area, to acquire its five concrete plants. With 2022 estimated net sales of CHF 27 million, the transaction will strengthen Holcim’s local ready-mix concrete network and firmly establish it as the leader in Northern Poland.
Region: Poland
18.07.2022 17:28Holcim selected for 2 EU Innovation Fund grants for Clean Tech projects decarbonizing Europe
Holcim has secured two investments from the European Union (EU) Innovation Fund for its breakthrough Carbon Capture Utilization and Storage projects in Germany and Poland. Both projects feature scalable technologies to put Holcim at the forefront of Europe’s decarbonization. These programs are part of Holcim’s net-zero roadmap, validated by the Science Based Targets initiative, including its objective to operate at least one net-zero cement plant by 2030.
Region: Germany
12.07.2022 18:01Holcim acquires Teko Mining in Serbia
Holcim has acquired Teko Mining Serbia, one of the country’s largest independent aggregates companies with estimated 2022 net sales of over EUR 20 million. A highly profitable company with substantial reserves, Teko Mining sells 2.4 million tons of aggregates per year.
11.07.2022 15:18CEMEX acquires majority stake in German aggregates company
CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it has completed the acquisition of a 53% stake in German aggregates company ProStein. The investment expands CEMEX’s aggregates business in the region while increasing the lifespan of its aggregates reserves in Europe. The company’s aggregates sales in Germany are expected to double with the acquisition.
Region: Germany