News

CEMEX announced that it has signed a power purchase agreement with ACCIONA Energía for the supply of clean electricity for CEMEX’s cement operations in Spain. The agreement strengthens CEMEX’s efforts to ensure a sustainable and reliable supply of energy while also providing cost certainty for its operations in Europe.

Holcim signed an agreement with Ol-Trans, the leader in ready-mix concrete in the Gdansk-Sopot-Gdynia area, to acquire its five concrete plants. With 2022 estimated net sales of CHF 27 million, the transaction will strengthen Holcim’s local ready-mix concrete network and firmly establish it as the leader in Northern Poland.

HeidelbergCement’s newly launched ANRAV CCUS project has been selected for Grant Agreement Preparation by the EU Innovation Fund, meaning that the project’s implementation will be supported. ANRAV aims to be the first full-chain CCUS project in Eastern Europe.

This partnership will allow DBRL to provide the latest technology products to its steel customers in India and other parts of the world

Holcim has entered into an agreement to acquire Cantillana, a leading specialty building solutions provider based in Belgium with 2022 estimated net sales of EUR 80 million. Cantillana’s extensive experience in façade construction systems and external thermal insulation composite systems will further strengthen Holcim’s position in building renovation and energy efficiency solutions, building on the recent acquisitions of PRB Group in France, PTB-Compaktuna in Belgium and Izolbet in Poland.

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.

HeidelbergCement has signed an agreement to acquire 50% of shares of and invest into CBI S.A. who controls the Ghanaian cement producer CBI Ghana. With this step, the company takes part in the construction of the world’s largest flash calciner.