European Commission reportedly refuses Holcim-Cemex Spanish transaction
Reuters is reporting that the European Commission has filed a list of objections with Holcim and Cemex over concerns the proposed transaction would impede competition.
Reuters is reporting that the European Commission has filed a list of objections with Holcim and Cemex over concerns the proposed transaction would impede competition.
Loesche ThermoProzess has successfully integrated the company and has grown its sales by around 50% year-on-year.
Some of this week’s key cement sector news: LafargeHolcim divestments, construction statistics and industry appointments.
In May 2014, output in the construction industry was estimated to have fallen by 1.1% compared with April 2014, after increasing by 1.2% in April.
SRCL has opened an alternative treatment plant in Knowsley, UK, which will recover 100% of treated clinical waste as refuse-derived fuel for use in the cement sector.
Kazakhstan’s Steppe Cement saw its sales volumes improve by 26% y/y in 1H14, while its market share grew from 15% to 19%.