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Russia’s CEMROS mothballed plants due to low demand

Cemross MordovCement1

CEMROS, Russia’s largest cement producer, announced to rebalance production capacity and redistribute output volumes among the company’s facilities and mothball certain facilities, due to the declining domestic cement demand. The company is operating 18 cement production plants with a capacity…

Brazil’s CSN plans cement asset sales to cut debt

CSN ArcosPlant

CSN (Companhia Siderúrgica Nacional), Brazil’s major steelmaker announced the divestment of major non-core assets to cut increasing debts and to allow capital restructuring. The company has struggled in recent years with an elevated debt load of R57.3 trillion in 3.Q…

Titan Group expands its low-carbon strategy in Serbia

Titan Kosjeric1

Titan Group expands its Alternative Cementitious Materials (ACMs) platform through a new long-term agreement with Electric Power of Serbia (EPS). Under a 10-year contract, TITAN secures access to approximately 5 million tons of fresh fly ash from the TENT B…