CSN (Companhia Siderúrgica Nacional), Brazil’s major steelmaker is moving forward with its plans to find a new partner for its cement division to cut increasing debts (we reported here 20.01.2026). It has been reported that Morgan Stanley has been hired…
Intercement announced the divestment of its cement assets in Mozambique and South Africa to Chinese Huaxin Cement. The assets include 3.3 Mta cement capacity from 2 integrated and 3 grinding plants in Mozambique as well as 2.0 Mta capacity from…
Martin Marietta Materials, Inc. will sell its South Texas cement business and certain of its related concrete operations to CRH Americas Materials, Inc., a subsidiary of CRH plc, for $2.1 billion in cash. The US facilities to be divested include…
Holcim will divest its cement businesses in Uganda and Tanzania. It has agreed to sell Hima Cement Ltd, its local subsidiary in Uganda, to the Sarrai Group, for an enterprise value of USD 120m, while its 65% participation in Mbeya…