InterCement Participações announced the completion of the second closing step of its judicial reorganisation, effectively concluding the restructuring process on 6 April 2026. The plan transferred at least 99 percent of the company’s share capital to financial creditors, repurchased the Mover Group’s stake, approved new bylaws and secured fresh financing. A new board was installed, with Marcelo Mindlin as chairman and Sergio Faifman reappointed as CEO of InterCement and its Argentine subsidiary Loma Negra. The milestone is presented as strengthening operational continuity and finalising the debt‑overhaul.
Breedon Group has warned that the UK’s upcoming carbon border adjustment mechanism (CBAM), slated for 1 January 2027, may not adequately shield domestic cement producers from low‑cost, high‑carbon imports. The company’s consultation response highlights uncertainties around the calculation of carbon intensity default...
Shree Cement’s board approved an integrated cement plant in Daistong village, East Jaintia Hills, Meghalaya. The facility will produce 0.95 million tonnes of clinker and 0.99 million tonnes of cement, requiring roughly INR 18 billion ($215 million) of investment, financed through internal accruals and debt....
Taiwan‑based TCC Group Holdings is accelerating its European expansion, leveraging its recent acquisition of Portugal’s Cimpor to control over half the Portuguese cement market. Europe now represents 32.5% of TCC’s cement sales, the largest regional share, and the company plans...
A drone strike hit Hormozgan Cement Co's Bandar‑e‑Khamir plant on April 4, but no casualties were reported and the facility stayed fully operational. Officials say production output and supply chains remain unchanged despite the attack. Damage details have not been disclosed,...
North Korean cement producers reported higher output as part of a broader push to raise industrial production. State media said the Sangwon Cement Complex completed calcination system repairs, added monitoring tools, and upgraded equipment, while raw‑material mines increased mechanisation. The...
Heidelberg Materials North America has finalized the purchase of BURNCO’s Edmonton, Alberta assets, adding a cement plant and aggregate operations to its portfolio. The deal expands Heidelberg’s footprint in Western Canada, boosting regional production capacity and diversifying its product mix....
Knauf Group has signed a Memorandum of Understanding with the Syrian government to develop a long‑term partnership for supplying construction materials. The agreement focuses on establishing local production of gypsum board, insulation and related building products to support Syria’s post‑conflict...
Amrize captured two top honors in the Lower Carbon Concrete category at the Slag Cement Association’s April awards ceremony in Chicago. The first award recognized a collaboration with Meta and the University of Illinois that used Meta’s open‑source AI models...
Kyrgyzstan’s Cabinet of Ministers signed a $137.6 million investment agreement with China’s Shenfeng Zet Cement to build a new cement plant in the Chui region. The project will install a clinker line capable of producing 3,200 tonnes per day in the Kemin district’s...