CementIndustry

Holcim Divests Nigerian Unit to Huaxin Cement for $1 Billion

22 days ago

In a monumental shift within the global cement market, Holcim, a leading provider of building materials, has announced the sale of its Nigerian subsidiary to Huaxin Cement for an estimated $1 billion. This strategic transaction marks a significant milestone for both companies as they navigate the ever-evolving landscape of the construction industry.

CRH May Pursue New Sale of its Cement Operations in the Philippines

2 months ago

In the ever-evolving landscape of global construction materials, CRH, a leading multinational company in the sector, is reportedly considering a second attempt to sell its cement operations in the Philippines. This move comes as part of wider strategic adjustments following its significant acquisition in the region.

Votorantim Considers Initial Public Offering of North American Cement Division

2 months ago

In a significant strategic move, Votorantim S/A, the Brazilian industrial conglomerate, is reportedly contemplating an initial public offering (IPO) for its North American cement division. This development has stirred interest in the industry, as it could mark a major shift not just for the company, but also for the cement market in North America.