News

The shareholders of the company Élite Cements S.L., Grupo Simetría and Holcim España, have reached an agreement whereby Holcim acquires, today, the entire share capital of Élite Cements, thus becoming the sole shareholder of the company

Cemex is strengthening its aggregates supply in Europe with the purchase of two quarries near Madrid as part of its strategic bolt-on acquisition strategy.

Cemex unveiled today an updated brand in line with its ongoing evolution to help the world reach the next frontier of sustainable living, by becoming a more agile, innovative, and approachable company.

Vedanta Aluminium, India’s largest producer of aluminium, has entered into a long-term partnership with Dalmia Cement for supply of industrial wastes such as fly ash and spent pot lining for manufacturing low carbon cement. Under this partnership, Vedanta’s mega aluminium smelter at Jharsuguda will transport around 20 rakes of fly ash per month for 5 years to Dalmia Cement’s manufacturing units in Odisha, Chhattisgarh, Meghalaya, and Assam, and supply SPL for 3 years to the company’s plant at Rajgangpur, Odisha. Vedanta Aluminium is a preferred supplier of high-quality fly ash to some of India’s leading cement producers, fostering industrial collaboration for production of low-carbon cement.

CEMEX announced double-digit top-line growth for 2022 and 4th quarter driven by a robust pricing strategy designed to recover margins. For 2022, EBITDA and EBITDA margin showed improving trends in 4th quarter. CO2 emissions declined by ~4.6% in 2022, the second consecutive year of record carbon reductions.

CEMEX announced the launch of Regenera, a business that provides circularity solutions, including reception, management, recycling, and co-processing of waste. Regenera leverages CEMEX’s global footprint and the ability of its production processes to use non-recyclable refuse and industrial byproducts as more sustainable substitutes for fossil fuels and natural raw materials.

Dangote Cement Plc (DANGCEM-NL), Africa’s largest cement producer, is pleased to announce that CDP has raised its rating from B- to B for the Company’s commitment to climate change. The rating upgrade indicates that Dangote Cement has addressed the environmental impact of its business and ensures good environmental management.