News

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.
Region: Canada
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).
Region: India
HIGH-quality lime has been manufactured for the first time in the UK using hydrogen technology as part of a world-first net-zero trial.
Region: Great Britain
Nuvoco Vistas Corp, a Nirma Group company that manufactures building materials, plans to set up a grinding unit of 1.2 million tonnes per annum capacity at its existing cement plant in Bhiwani, Haryana.
Region: India
Global cement production accounts for 7% of annual greenhouse gas emissions in large part through the burning of quarried limestone. Now, a CU Boulder-led research team has figured out a way to make cement production carbon neutral—and even carbon negative—by pulling carbon dioxide out of the air with the help of microalgae.
Region: USA
Built in 2021, the plant has an annual production capacity of 1.6 million tonnes of cement.

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