News
30.06.2023 11:24Vietnamese cement industry suffers financial losses during Q1
Decreased demand and increased costs have put Vietnamese cement makers in a difficult spot financially during the first quarter of 2023, said industry insiders and experts.
Region: Vietnam
27.06.2023 10:00Derba Cement moves to resume ardent plant expansion
Derba Cement embarks on an ambitious plant expansion that will double its daily production to 150,000qtl upon completion. If realised, the company will be the largest cement producer in Ethiopia.
Region: Africa
15.06.2023 15:50Holcim acquires Minerales y Agregados, expanding Solutions & Products in Latin America
Holcim announces the acquisition of Minerales y Agregados, a leader in advanced mortars and adhesives in Guatemala. Minerales y Agregados represents Holcim’s first production facility in Guatemala, while expanding the region’s Solutions & Products range with a new line of business.
14.06.2023 16:55JK Lakshmi Cement to steer Rs 8,000 cr capex for expansion
JK Lakshmi Cement is planning to invest about Rs 8,000 crore over a six-year timeline, in order to scale up capacity to 30 million tpa from the projected 18 million tpa by end of FY24. The company’s overall aim is to ramp up to 30 million tpa by 2030.
Region: India
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
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
16.03.2023 13:51Holcim acquires HM Factory to enter precast market in Poland
Holcim acquires HM Factory, a provider of precast concrete solutions with net sales of CHF 18 million. Its solutions cover a wide variety of needs, such as walls, staircases and balconies. HM Factory is ideally positioned to capitalize on growth in industrial and residential construction. The company supplies Polish construction projects as well as exporting to Scandinavian markets.
Region: Poland