Takeover of Cemex Croatia vetoed by EC
The European Commission has officially vetoed the proposed takeover of Cemex Croatia by Duna Dráva Cement, a joint venture between HeidelbergCement and Schwenk Zement.
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The European Commission has officially vetoed the proposed takeover of Cemex Croatia by Duna Dráva Cement, a joint venture between HeidelbergCement and Schwenk Zement.
HeidelbergCement has priced a Eurobond under its EMTN programme.
HeidelbergCement hopes continuous improvement programmes will help to offset an expected rise in fuel, raw materials and personnel costs in 2017.
The consolidation of Italcementi following its takeover by HeidelbergCement proceeded faster that anticipated in 2016 with anticipated synergy savings now hitting €470 million.
HeidelbergCement is holding off making investments in Turkey due to political uncertainty.
HeidelbergCement has announced a 13.2% increase in revenues in 2016, following its takeover of Italcementi.
US demand for cement grew in 2016 and will continue to be a bright spot for the industry in 2017.
HeidelbergCement has appealed a decision by the European Commission to open an investigation into the purchase of Cemex Croatia by its subsidiary, Duna Dráva Cement.
CNBM subsidiary, CTEIC, is to supply turnkey services for a coal transportation project at the Shymkent cement plant in Kazakhstan.
Cressall Resistors rebuilt a three-section resistor for a limestone crusher as Ketton cement plant within a week, helping to maintain uninterrupted production at the plant.
Hanson Cement’s Ketton cement plant recently replaced two ESPs under the supervision of general contractor, Fairport Engineering.
HeidelbergCement reports its best year since the financial crisis on the consolidation of Italcementi operations.