News
01.12.2021 13:10Holcim closes divestment of business in Zambia in line with portfolio transformation
Holcim has closed the sale of its business in Zambia, representing a 75% stake in the company, to the Chinese cement group Huaxin for an enterprise value of USD 150 million for 100% of the company.
Region: Africa
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25.11.2021 12:04CEMEX closes unsecured bank agreement with investment grade terms and conditions for U.S.$3.25 billion
The new Credit Agreement consists of a $1.5 billion 5-year amortizing Term Loans and a $1.75 billion 5-year committed Revolving Credit Facility.
Region: Mexico
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19.11.2021 15:58Titan Cement concluded results for nine months of 2021
The Group took action to recoup costs through a second price increase in late summer but considering contracts already in place and the magnitude of the spike in costs, the effect of those mitigating actions will inevitably manifest itself with a time-lag. A new round of price increases was announced applicable on January 1st aiming to recover the margin lost due to cost inflation.
Region: Belgium
03.11.2021 10:59Timlyui Cement Plant is headed by a new Managing Director
From November 1st, Alexander Volkov, who previously held the position of financial director of the plant, has been appointed as Managing Director of OOO TimlyuiCement
Region: Russia
14.10.2021 10:17Global Cement and Concrete Industry announces roadmap to achieve groundbreaking ‘Net Zero’ co2 emissions by 2050
Forty of the world’s leading cement and concrete manufacturers joined forces to accelerate the shift to greener concrete by pledging to cut CO2 emissions
Region: Great Britain
Chairman of the Government of the Chechen Republic Muslim Khuchiyev held a meeting on the preparation of an application for a budget loan.
Region: Russia
14.09.2021 13:06VDZ: the basis for the transformation of the cement industry has been created in Germany
The association has published environmental data on the activities of the cement industry in Germany for 2020.
Region: Germany