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
23.02.2023 17:50CEMEX enters groundbreaking carbon utilization agreement
CEMEX announced that it has signed an agreement with green fuels producer ETFuels, to transform CO2 from CEMEX’s Alicante cement plant in Spain into green fuels. This carbon utilization project, groundbreaking in its scope and potential contribution to European energy security, demonstrates significant progress in testing and scaling technologies that are designed to contribute to accelerating decarbonization efforts in the cement production process.
Region: Mexico
16.02.2023 14:02Holcim to acquire FDT Flachdach Technologie GmbH
Holcim has signed an agreement to acquire FDT Flachdach Technologie GmbH (FDT), a leading manufacturer of thermoplastic roofs with a strong presence in fast-growing European markets with 2022 net sales of EUR 50 million. As a technology and sustainability leader in its sector, FDT will complement Holcim’s integrated roofing offer and strengthen the geographical footprint of the business. With this acquisition, Holcim roofing systems will exceed USD 4 billion in net sales ahead of schedule.
Region: Switzerland
07.02.2023 09:41Holcim to acquire Duro-Last roofing systems
Holcim has signed an agreement to acquire Duro-Last, a US leader in commercial roofing systems, with pro forma net sales of USD 540 million. Duro-Last has a track record of double-digit growth in North America’s highly profitable USD >40 billion roofing market, driven by leading brands, proprietary technologies and custom-made solutions. Duro-Last’s systems will complement and strengthen Holcim’s integrated roofing offer, with expected synergies of USD 60 million per year.
Region: USA
02.02.2023 11:35Cementum – the new name of Holcim in Russia
The transition to the Russian brand Cementum is the beginning of a new, completely independent stage of the company's development. The rebranding of assets belonging to the Russian division of Holcim is part of an agreement reached in December 2022 between the management of the Russian division of the company and the international Holcim group on the transfer of all Holcim assets in the Russian Federation to the local management of the company.
Region: Russia
27.01.2023 18:21CEMEX contributes to circular economy with launch of its Regenera waste management business
CEMEX announced the launch of Regenera, a business that provides circularity solutions, including reception, management, recycling, and co-processing of waste. Regenera leverages CEMEX’s global footprint and the ability of its production processes to use non-recyclable refuse and industrial byproducts as more sustainable substitutes for fossil fuels and natural raw materials.
Region: Mexico
26.01.2023 14:35KuzbassTransCement delivered about 6.5 million tons of cargo in its own fleet in 2022
KuzbassTransCement (a subsidiary of Sibcem, responsible for the operation of the holding's railway fleet) sums up the results of work in 2022. From January to December, about 6.5 million tons of various cargoes were transported in the company's own wagons. In particular, about 2.5 million tons of cement produced by the holding's plants were delivered.
Region: Russia