Tuesday, November 21, 2017

US: Emerson increases bid for Rockwell Automation to US $29 billion

United States: on November 16, 2017, industrial automation equipment company Emerson Electric Co. raised its cash-and-stock offer to acquire Rockwell Automation Inc. to US $29...

China: Atlas Copco to supply another drilling rig to Anhui Conch Cement

China: Atlas Copco will supply a hydraulic drilling rig for a limestone quarry supporting Anhui Conch's cement plant at Tongchuan, Shaanxi province. Delivery is scheduled...

Egypt: Suez Cement approves merger with Helwan Cement

Egypt: on November 14, 2017, Suez Cement Company gave a preliminary approval towards merging Helwan Cement Company’s operations into its own. Suez Cement will be...

India: JSW Cement breaks ground on Kalinganagar grinding unit

India: on November 16, 2017, Chief Minister of Odisha state Shri Naveen Patnaik laid the foundation stone for JSW Cement's 1.2 MTPA grinding unit located within...

Ghana: Ilam Cement breaks ground on cement plant in Dawa Industrial City

Ghana: the country's Vice-President Mahamadu Bawumia laid the foundation stone for the establishment of a new cement plant in Dawa Industrial Enclave on the Tema-Aflao road, near Accra. Iranian...

Spain: new cement storage and distribution terminal in Alcúdia Port

Spain: the Portuary Authority has authorized private company Transpulve 2009 SA to build and operate a cement storage and distribution terminal in the commercial port of Alcúdia...

South Africa: CRH joins race to acquire PPC

South Africa: Irish building materials firm CRH has made an all-cash bid for PPC, joining Afrisam and LafargeHolcim in the race to acquire the South...

Georgia: Cement Invest acquires 50% stake in HeidelbergCement Georgia

Georgia: on November 10, 2017, HeidelbergCement announced that it has sold 50% of the rights in its Georgian business to Cement Invest, a company jointly...

Russia: Tajik company to set up cement plant in Bashkiria

Russia: a company from Tajikistan initiated a project to set up a cement plant in Salavat district, the autonomous Republic of Bashkortostan. The cement plant would have...

Taiwan: Taiwan Cement to set up photovoltaic system and onshore wind farm

Taiwan: on November 10, 2017, the Board of Directors of Taiwan Cement Corp (TCC) approved an investment plan to develop photovoltaic systems and onshore...

Kenya: ARM Cement reportedly for sale

Kenya: ARM Cement Ltd. (formerly known as Athi River Mining Ltd.) is seeking a strategic investor to provide equity capital, declared the company's CEO Pradeep...

Kenya: Global Choice Cement to set up 1 MTPA grinding unit in Athi River

Kenya: Global Choice Ltd, a consortium of local quarry operators and institutional investors, has applied for an environmental permit to set up a cement grinding plant in...

South Korea: Asia Cement wins bid to acquire Halla Cement

South Korea: Asia Cement Co. is set to acquire Halla Cement Corp, formerly known as Lafarge Halla Cement, after winning the bidding process. According to Deal Street...

Tanzania: Kisarawe Cement to expand distribution network with 2 new cement terminals

Tanzania: Kisarawe Cement Company Ltd, part of Turkys Group, announced it plans to set up 2 new warehouses in Kibaha and Chalinze by early next year. The...

US: CEMEX USA opens cement distribution terminal in Colorado

United States: CEMEX USA has launched operations at a new rail-served cement distribution terminal in Commerce City, Colorado, designed to bring quality building materials to...

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