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RHI Magnesita expands footprint in North America

RHI WienShooting 2290

RHI Magnesita announced completion of the acquisition of the US-based Resco Group, from an affiliate of Balmoral Funds LLC, North America. Resco has been in the refractory industry for over 75 years including steel and cements and operates 11 facilities…

Cementos Progreso expands to Dominican Republic

Cementos Progreso Holdings’ expansion to the Dominican Republic with the acquisition of 100% of the Cemex’ operations in the country is fixed, meeting all legal requirements (we reported here about the agreement 6. Auguist 2024). The divested assets by Cemex…

WCA highlights profound changes in global cement

WCA Forecast1

Mr. Wei Rushan, the President of the World Cement Association (WCA), highlighted significant transformations shaping the global cement industry. The cement demand is expected to decline by 22% by 2050. Each region faces unique challenges. Price increases are expected to…