Heidelberg Materials to Acquire Minority Interest in AmeriTex Pipe & Products
Heidelberg Materials (HBM) announced the acquisition of a minority interest in AmeriTex Pipe & Products, a leading U.S. manufacturer of concrete pipe and precast solutions. The transaction, valued at roughly $200 million, includes a strategic supply agreement that secures AmeriTex output for HBM’s North American projects. HBM will obtain a board seat, giving it influence over AmeriTex’s growth strategy. The deal broadens HBM’s product portfolio and strengthens its foothold in the fast‑growing U.S. infrastructure market.
Global Leaders Unite for Green Cement Transition at 2026 Forum
The 2026 International Cement Low‑Carbon Development Forum opened in Fujian Province on May 13, organized by the China Cement Association and drawing industry leaders, innovators, and experts worldwide. It ran alongside the 27th International Cement Technology & Equipment Exhibition, where new...
Malaysia to Introduce Cement Price Controls
The Malaysian government will launch the “Simen Rahmah” cement price‑control scheme, fixing cement at MYR 290 per tonne (≈US$68) for affordable‑housing projects from July 2026. This represents a cut from the current market level of about MYR 425/tonne. Under the plan, 50‑kg bags...
Navrattan Group Plans Green Cement Plant in Punjab
Navrattan Group, an Indian construction materials firm, announced a $30 million green cement plant near Rai Majra in Punjab. The facility will use the company’s proprietary “Green Crete” technology to produce clinker‑free cement from fly ash and slag, eliminating limestone calcination. By avoiding...
Molins Raises EUR500m Through Inaugural Bond Issue
Molins, the Spanish cement maker, completed its first bond issuance, raising €500 million (approximately $540 million) through senior unsecured notes listed in Luxembourg. The 5.50% fixed‑coupon notes mature in 2033 and are guaranteed by parent Cementos Molins and subsidiaries. Proceeds will support the...
MPA Warns CCUS Delays Threaten UK Infrastructure Delivery
The UK Mineral Products Association warns that delays in cement carbon capture, utilisation and storage (CCUS) could restrict the nation’s ability to meet its legally binding Carbon Budgets and deliver key infrastructure. CCUS could cut cement emissions by 75% by...
Regulatory Crackdown Leads to Spike in Malaysia Building Material Transport Costs
A recent regulatory crackdown in Malaysia tightened emissions and road‑usage rules for heavy‑duty trucks, driving up transport fees for cement, aggregates and mortar. The new fees, estimated at 20‑30% per load, have pushed construction material prices higher by roughly 5‑8%...
US Government Approves Transportation Infrastructure Funding Bill
The U.S. House Transportation and Infrastructure Subcommittee reauthorized the bipartisan BUILD America 250 Act for another five years, locking in a $580 bn surface‑transportation package. The legislation earmarks $45 bn for bridge repair or replacement and $87.5 bn for public‑transit programs, ending years...
Ambuja Cements Emerges as Sole Bidder for Bankrupt Jaypee Cement
Ambuja Cements, backed by the Adani Group, has lodged a INR 5.8 bn (≈US$60 m) bid for the insolvent Jaypee Cement, becoming the sole bidder after My Home Group withdrew its lower offer. Lenders argue the proposal falls short of the INR 8.8 bn (≈US$92 m)...
Saint-Gobain Sells Telhanorte
Saint‑Gobain has signed a definitive agreement with Brazilian private‑equity firm Tauá Partners to sell its Telhanorte business, Brazil’s leading construction‑materials retailer. The transaction values Telhanorte at roughly €1.2 billion (about $1.3 billion) and is slated to close by year‑end pending regulatory clearance....
CRH Appoints Aylwyn Bryan as CFO
CRH plc announced that Aylwyn Bryan will become chief financial officer on May 12, 2026, succeeding Nancy Buese who will stay for a three‑month transition. Bryan brings more than 25 years of finance leadership and 14 years of experience within CRH, most recently as...
Germany Bets Big on Industrial CCS with Carbon Contracts
Germany has secured European Commission approval for a revised €5 bn (US$5.85 bn) Carbon Contracts for Difference (CCfD) scheme aimed at decarbonising cement, steel and chemicals over 15 years. The program will subsidise the extra cost of emissions‑reduction technologies, with producers repaying the...
Coolbrook Appoints Dr Frank Eulitz as Chief Technology Officer
Coolbrook, a transformational technology firm focused on decarbonising heavy industry, has named Dr. Frank Eulitz as its new Chief Technology Officer. Eulitz brings more than 30 years of experience in turbomachinery, fluid dynamics and high‑temperature processes, previously leading the Turbomachinery...
Canadian Team Develop 'Near Zero ' Electrical Cement Process
Researchers at the University of British Columbia have unveiled an electricity‑driven cement process that could slash CO₂ emissions by up to 98 % compared with traditional clinker production. The method uses an electrochemical reactor to convert limestone and silica into calcium...
CSN Receives Non-Binding Bids for Cement Division Sale
Companhia Siderúrgica Nacional (CSN) has received non‑binding offers for its cement division, with the initial bid deadline passing on May 9. The unit is estimated to be worth more than BRL 10 bn (about US$2 bn), and Morgan Stanley is advising the sale. Domestic...