The cement industry is responsible for a significant portion of global greenhouse gas (GHG) emissions, mainly due to the high energy demand of its production processes. Cement, in turn, is the main ingredient of concrete, the second most widely used material worldwide after water …
At Cementos Moctezuma, the Mexican company that produces, distributes, and sells Portland cement and pre-mixed concrete, sustainability is more than a trend it is a commitment that is shaping the future of the cement industry …
During 2024, CemNet’s analysis highlights strategic acquisitions, the commissioning of new capacity projects and sustained progress in decarbonization, consolidating another dynamic year for cement producers. In January, Holcim announced its decision to list its North American business in the US, carrying out …
Huaxin Cement Ltd has once again demonstrated China’s influence in Africa’s cement markets by acquiring a majority stake in Lafarge Africa PLC, Nigeria, from Holcim. Lafarge Africa PLC, part of the Holcim group, is valued at $1 billion based on the total value of its shares. Huaxin Cement has submitted an offer to acquire Holcim’s 83.81% stake in this African subsidiary …
Important news update was revealed at the recent COP29 meeting in Baku. After 10 years of negotiation, the agreement on Article 6.2 of the Paris Agreement was signed. This news is very important as it holds the possibility of establishing a global carbon price. The parties agreed on standards for a centralized carbon …
Quikrete Holdings and Summit Materials have signed a definitive agreement to acquire Summit Materials for $52.50 per share in an all-cash transaction valued at more than $11.5 billion. Summit Materials would become part of the Ohio-based group. This acquisition represents an important milestone in Quikrete’s journey to expand …
