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CRH Group expands in the Ukrainian cement sector

Dyckerhoff YuGCement

Ukrainian’s Antimonopoly Committee (AMCU) has approved CRH Ukraine’s acquisition of over 50% of the voting shares in Dyckerhoff Ukraine. However, AMCU outlined prerequisites for the acquisition, which involve the divestment of 25-28% of the shares to an independent investor, alongside…

Türkiye’s Çimsa to acquire UK’s Mannok business

Mannok Scotchtown cement works

Türkiye’s Çimsa, a subsidiary of Sabancı Holding, reached an agreement to acquire 94.7% of UK’s Mannok for an overall enterprise value of €330 million. The local Mannok’s (formerly the Quinn Group) leadership team will retain a 5.3% interest. Under the…

CCS-Initiative in Japan to cope with CO2 goals

Taiheiyo DC Co

In Japan a CCS-Initiative has been formed by the industry to cope with the ambitious CO2 goals of the Japanese Government. The project involves capturing CO2 at Nippon Steel’s Kyushu Works and Taiheiyo Group’s DC Co. cement plant (photo) and…

Brazil’s CSN plans a new cement plant in Itaperuçu

CSN ArcosPlant

Brazil’s Companhia Siderúrgica Nacional (CSN) plans to build a cement plant in Itaperuçu, close to Curitiba, the capital of the southern Brazilian state of Paraná. CSN began producing cement in 2009. In 2015 the new Arcos cement plant (photo), located in Minas…