Bloomberg reported that Morgan Stanley is assisting with the process and that the sale price could be up to US$3bn. Other buyers are also being considered. Discussions are still at an early stage, but ...
Togo: The government has introduced three new cement standards aimed at improving product quality, ensuring fair competition and enhancing safety in the construction sector. The standards were ...
Bangladesh: Cement producers have rejected claims by the US Trade Representative over alleged overcapacity in the sector, stating that production reflects domestic demand driven by infrastructure ...
Ireland: CRH has announced plans to delist its ordinary shares and 7% preference shares from the London Stock Exchange following a review of trading activity costs and regulatory obligations arising ...
US: Amrize reports that it increased revenues to US$11.8bn and delivered US$1.2bn of net income and US$3.0bn of adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA). It ...
India: UltraTech Cement has appointed Jayant Dua as its managing director. He will start the role in April 2026. He succeeds KC Jhanwar in the role. Dua joined the cement business of Aditya Birla ...
Syria: 12 companies have applied to invest in the Al-Muslimiyah cement plant in Aleppo and the Adra cement plant in Damascus, according to the General Company for Cement and Building Materials ...
Sweden: Heidelberg Materials has withdrawn its application to build a carbon capture and storage (CCS) facility at its Slite cement plant after the Swedish Energy Agency rejected its request for ...
UK: Breedon Group launched its ‘British Cement Advocacy’ campaign alongside publication of its 2025 results. CEO Rob Wood wrote to ministers in the Departments for Business and Trade and Energy ...
Colombia: Cemex will divest certain operations in Colombia through several transactions ‘with different parties’, for a combined purchase price of approximately US$555m. The producer signed an ...
Oman: Oman Cement has launched a project at its Misfah plant in Muscat Governorate that uses industrial waste as fuel to reduce reliance on natural gas. The company installed a shredding machine to ...
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