Cemex, S.A.B. de C.V. announced that its indirect subsidiary, Sierra Trading, will present a change and variation notice to the Dec. 5 offer and take-over bid for Trinidad Cement Ltd. (TCL). The company is increasing the offer price from TT$4.50 ($0.67) to TT$5.07 ($0.75) per TCL share in its aim to raise its stake in the Caribbean company from 39.5…
Read MoreMonth: January 2017
Green Cement Market Estimated to Reach $38.1B by 2024
Transparency Market Research (TMR) recently published a new report titled “Green Cement Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.” According to the report, the global green cement market was valued at $14.8 billion in 2015 and is anticipated to reach $38.1 billion by 2024, expanding at a CAGR of 11.3 percent between 2016…
Read MoreMitsubishi Cement Expansion Draws Environmental Concerns
A proposal granting Mitsubishi Cement Corp. permission to build a 128-acre quarry and a 1.8-mile road on public land in the San Bernardino National Forest is being criticized by the Center for Biological Diversity, reported the San Bernardino County Sun.
Read MoreCement Conference Announces 2017 Dates
The 59th annual IEEE-IAS/PCA Cement Industry Technical Conference will be held May 21-25 at the Telus Convention Centre in Calgary, Alberta, Canada.
Read MoreTrinidad Cement Board to Shareholders: Reject Cemex Offer
The Trinidad Cement Ltd. (TCL) board of directors is urging shareholders to reject an offer and takeover bid by Cemex through its indirect subsidiary Sierra Trading, reported The Jamaica Gleaner. The offer is aimed at raising Cemex’s stake in the Caribbean company from 39.5 percent to 74.9 percent for $89 million.
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