News

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.

Holcim has been selected for a European Union Innovation Fund grant for its carbon capture and storage (CCS) project in Campulung, Romania, which will produce near-zero cement from 2032 and advance the EU’s Clean Industrial Deal.

Serbia's economy ministry said it has agreed to provide a 10.6 million euro ($12.3 million) subsidy to Lafarge Srbija, part of Swiss building materials maker Holcim Group, to help finance the construction of a new cement plant in Belgrade's Obrenovac municipality.

Cemento Yura, a subsidiary of Grupo Gloria, has sold its 19.71% stake in Chile’s cement producer Cementos Bio Bio (CBB) to Belgium’s Carmeuse Holding for more than US$100 million.