Huaxin Cement is set to be a key player in Africa

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 …

Global Carbon Market: Is it the solution?

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 signs definitive agreement to acquire Summit Materials

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 …

Maintenance Tips for Maximum Efficiency of your Rotary Kiln

Reliable maintenance of a rotary kiln requires an understanding of the prerequisites for mechanical stability of the various components. Timely and proper maintenance procedures, consistent with such knowledge, ensure a long service life and trouble-free operation …

Biodiversity protection in Europe’s quarries

As the first week of the United Nations Climate Change Conference COP29 comes to an end, it is important to highlight biodiversity as an important topic and the impact of the cement industry on this sustainability indicator. Last week, CEMBUREAU, the organization that represents the cement sector in Europe …

Titan America Announces Latest Acquisition

Titan America has completed the acquisition of D.M. Conner Sand & Gravel Co., an aggregates quarry in Stuarts Draft, Virginia. This acquisition further reinforces the company’s commitment to leadership in providing premium construction materials …