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European cement news

 

S&P assigns Cementir Holding a BBB- rating with Outlook Stable

Standard & Poor's rating agency has announced that it has assigned Cementir Holding N.V. an Issuer Rating of ‘BBB- with Stable Outlook.’ This reflects the group's cash generation and managerial ability to maintain a prudent financial policy.

 
 
 

HeidelbergCement sells its US West region business

As part of its portfolio optimisation and margin improvement programme in its North American business, HeidelbergCement has signed an agreement to sell its business activities in the U.S. West region to the U.S. based company Martin Marietta Materials, Inc.