News
TITAN Group is expanding its effective capacity in the USA with a new $37 million investment in its Norfolk import terminal in Virginia. The investment will upgrade TITAN’s import capacity in the country while also allowing it to continue expanding its offering of low carbon cement and cementitious products, contributing to the Group’s net-zero goal.
Region: USA
17.05.2022 13:57Adani Group to acquire Holcim’s India business
Holcim has signed a binding agreement for the Adani Group to acquire its business in India, comprising its 63.11% stake in Ambuja Cement, which owns a 50.05% interest in ACC, as well as its 4.48% direct stake in ACC.
Region: India
26.04.2022 15:06Holcim US joins Carbon Capture Coalition
The Carbon Capture Coalition Governance Board unanimously approved the membership of Holcim US, the nation’s leading cement and concrete building materials provider. Holcim is the first and only cement and concrete company to join the Coalition.
Region: USA
21.04.2022 16:22IFU and Norfund invest $27.9m in CBI Ghana
IFU and Norfund have invested $27.9m in Continental Blue Investments Ghana (CBI), a producer of cement in Ghana that operates a 550,000 tons p.a. facility outside Accra in southern Ghana.
Region: Africa
18.04.2022 18:07Titan America Announces Significant Investment in Norfolk Import Terminal to Meet Burgeoning Demand
Titan America announced the construction of a new 70,000-ton dome at its existing Roanoke Cement Company import terminal located in Chesapeake, VA.
Region: Greece
06.04.2022 10:38Lucky Cement Limited Announces 34 MW Solar Power Project and 5.589 MWh Reflex Energy Storage
Lucky Cement Limited and Reon Energy today announced a 34 MW captive solar power project with a 5.589 MWh Reflex energy storage. The project set to be installed at Lucky Cement’s Pezu plant in Khyber Pakhtunkhwa will hold not only Pakistan’s largest on-site captive solar plant but also the largest ever energy storage solution.
Region: Pakistan
05.04.2022 10:35Votorantim Cimentos Ends 2021 With Net Profit of R$1.6 Billion, a 244% Increase Over 2020
Votorantim Cimentos ended 2021 with net profit of R$1.6 billion, an increase of 244% compared to 2020, primarily due to better operating results—with growth in sales in all regions where the company operates—and gains related to the consolidation of acquisitions made in North America and Spain.
Region: Brazil