News
JK Cement Ltd said it will acquire a 100 percent stake in Toshali Cements Private Ltd for Rs 157 crore, in order to expand its footprint into the eastern region.
Region: India
05.06.2023 18:15Crowm Cement to increase capacity
Crown Cement PLC is going to increase its annual production capacity by 40 per cent this year by establishing its sixth manufacturing facility, which will turn it into the country's fourth largest cement manufacturer.
Region: Bangladesh
02.06.2023 17:53Buzzi Unicem changes its name to Buzzi
A name change, a revamped logo and a company reorganization: three important events in the life of a historic company such as Buzzi which, for its path to growth, has opted to stay true to its heritage based on roots and values.
Region: Italy
01.06.2023 15:23Holcim Alpena Cement Plant Opens Tire-Derived Fuel Facility
The Holcim Alpena plant (formerly Lafarge) in Michigan is celebrating the opening of its new whole-tire, co-processing facility – a $7.4 million, state-supported initiative that will safely and cleanly convert 22,000 tons of tires per year into energy to help fuel one of the largest cement plants in the United States.
Region: USA
Holcim US continues to strengthen its position in Colorado with its third acquisition in recent months in the rapidly growing state. Today the company announced the acquisition of Tezak Heavy Equipment (“Tezak”), a family-held aggregates producer and specialty civil construction business with deep roots in the Colorado Springs market.
Region: USA
23.03.2023 15:45Heidelberg Materials plans to increase dividend by 8% to €2.60
Heidelberg Materials is continuing its progressive dividend policy: The Managing Board and Supervisory Board will propose to the Annual General Meeting, which will be held on 11 May, to distribute a dividend of €2.60 per share for the 2022 financial year. Subject to the approval of the shareholders, this corresponds to an increase of 8% compared to the previous year’s dividend of €2.40 per share. Based on the HeidelbergCement AG share price as at 31 December 2022, the dividend yield is 4.9%.
Region: Germany
Eastern Province Cement Co.’s board of directors decided to invite specialist companies to submit offers to establish a new production line to replace some of the obsolete lines at the current plant in Khursaniyah.
Region: Saudi Arabia