Cemex closes offer for TCL
Cemex subsidiary, Sierra Trading’s offer for Trinidad Cement has closed in all markets, leaving the company with a 69.83% stake in the Caribbean cement maker.
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Cemex subsidiary, Sierra Trading’s offer for Trinidad Cement has closed in all markets, leaving the company with a 69.83% stake in the Caribbean cement maker.
A number of EU associations representing the manufacturing industries have cosigned a Joint declaration on EU policy.
Standard & Poor Global Ratings has revised Sandvik’s outlook to positive.
US cement production capacity is sufficient to meet any rise in demand driven by infrastructure revitalisation, according to the Portland Cement Association.
Cemex’s Tilbury plant has celebrated a new milestone.
Cementos Pacasmayos is reporting an overall increase of revenues for FY16.
Bruker has reported an overall decline in revenue during the period, although operational and EPS improvements remained strong.
Tarmac has contributed towards the restoration of the Mountsorrel Railway, which has secured a royal visit.
Saudi Cement reported a 4% fall in net profits in 2016 on the back of lower sales and higher production costs.
Commissioning of PPC’s new cement plant in Ethiopia is expected to begin soon with cement production expected by 2Q17.
US cement maker, Martin Marietta, reported a positive end to the year, with cement shipments up, despite headwinds in Texas. Its cement business also reported higher gross profit for the year.
South Africa-based cement company, PPC, has begun hot commissioning of a new cement in the Democratic Republic of the Congo.