News

Heidelberg Materials North America has completed the acquisition of the Canadian company Burnco’s assets in Edmonton, Alberta. 

The Swiss company Holcim has agreed to acquire building materials and solutions operations in Colombia in a deal valued at 485 million USD.

The government of Senegal has acquired a 10 percent stake in the local subsidiary of Dangote Cement. Following the transaction, Dangote Cement’s ownership in the Senegalese unit decreased from 99.99 percent to 89.99 percent. The state has become a minority shareholder.

The Brazilian cement company Votorantim Cimentos is implementing an investment program of 5 billion BRL (Brazilian real), which provides for an increase in production capacity in the country by 3.7 million tons per year.

Votorantim commissioned a new 1.0 Mta grinding mill at its Edealina cement plant in Goiás in Brazil.

CEMEX REGENERA, CONCRETOS SUSTENTABLES and an engineering company have signed a Memorandum of Understanding with the purpose of establishing a framework for cooperation aimed at developing innovative solutions for the sustainable management of construction and demolition waste in Mexico.

The company said that the contract value is SAR 24.19 million, which exceeds 9 % of the company's total revenues according to the latest audited financial statements.