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Cementir to divest its Kars cement plant in Türkiye

Kars 1 52202

Cementir Holding N.V. announced to divest 100% of the share capital of Kars Cimento AS,which owns an integrated cement plant (photo) in Northeastern Türkiye, with an annual grey cement production capacity of 0.6 Mta. Completion of a binding agreement of…

US Trump Administration cancels decarbonation awards

NationalCement Lebec2

The short-sighted Trump administration has cancelled the DOE awards totalling US$ 3.7bn that were announced during the Biden administration to support various carbon capture and decarbonization projects. However, the awardees may be able to appeal against it. The cancelled funding…

Germany’s cement price down -5.9% in 1Q 2025

Germany Price 1Q 2025

In the first quarter in 2025, the ex-works average cement prices in Germany (calculated from cement sales volumes and cement T/O) decreased by -5.9% YoY to 114.83 €/t, after 122.02 €/t in the same period last year and 114.65 €/t…