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Asamer’s FCL cement in BiH acquired by Talentis Group

Asamer Lukavac1

The Hungarian Talentis Group, owned by billionaire Lörinc Mészáros, acquired Fabrica Cementa Lukavac (FCL) in BiH from the Austrian Asamer Group for an undisclosed amount. The cement plant has been established in 1974, acquired by Asamer in 2001 and upgraded…

Colombia’s cement production further declined

Colombia Pro 11m 2023

In Colombia, in the period from January to November 2023, the accumulated cement production declined by -5.0% YoY to 11.957 Mt. In November the cement production declined by -6.8% to 1.112 Mt, after 1.194 Mt in November last year.

El Salvador’s cement consumption declines

ElSalvador Cons 10m 2023 1

In El Salvador, in the period from January to October 2023, the accumulated cement consumption declined by -0.7% YoY to 1.468 Mt. However, in the the last 3 months there has been a 2-digits declined. In October 2023 the cement…

Sagar Cement plans a capacity of 20 Mta by 2035

SagarCement Mattampally3Mt 1

With the acquisition of Andrah Cement a year ago, India’s Sagar Cement increased their clinker capacity to 6.4 Mta and cement capacity to 10.85 Mta. By 2035 the capacity shall be increased to 20 Mta, through inorganic and organic growth.…