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Norden expands fleet with four Capesize vessels 06 March 2024 Acquisition aims to bolster logistics capabilities (CW Group) Bulk Materials reports Danish shipping firm Norden's acquisition of four Capesize newbuildings, bolstering its fleet to achieve a total of nine owned and seven chartered Capesize vessels.... Type: Article Category: Equipment & technology Breedon completes BMC acquisition 06 March 2024 last year and substantial reserves exceeding 400 million tons. Breedon's CEO, Rob Wood, expresses enthusiasm about the acquisition, citing BMC's robust performance track record and alignment with Breedon's culture and values. The deal represents a... Type: Article Category: Construction Imperial Dade expands with Brawner Paper acquisition 05 March 2024 Merger enhances market presence (CW Group) Jersey City-based Imperial Dade has announced its acquisition of Houston's Brawner Paper, marking the 81st strategic move under the leadership of Robert and Jason Tillis, according to Roi-nj.com. While the... Type: Article Category: North America Fars cement factory relocates to Khorameh 05 March 2024 on the successful establishment of the raw material silos unit, with clinker production set to commence in March. The acquisition and unloading of equipment for various departments, including the material crusher mill and soil storage, have been... Type: Article Category: Plant Expansions SEACOR Holdings sells stake in KSM to Kotug 04 March 2024 the joint venture business responsible for escorting and docking ships at the Buckeye Partners Freeport terminal. Kotug's acquisition of KSM signifies a strategic step forward in expanding its presence in the Caribbean towage market. Ard-Jan Kooren, CEO... Type: Article Category: Markets & trade Varma Mutual invests in ESL Shipping expansion 04 March 2024 Partnership strengthens bulk carrier portfolio (CW Group) Varma Mutual Pension Insurance Company has finalized its acquisition of a minority stake in ESL Shipping, a prominent dry bulk and project cargo carrier, as reported by Project Cargo Journal.... Type: Article Category: Equipment & technology Doman expands US operations with acquisition 04 March 2024 Growth and integration propel building materials expansion (CW Group) Materials Group has announced the acquisition of two lumber pressure treating plants and related business assets in Richmond, Indiana, and Birmingham, Alabama, through its subsidiary... Type: Article Category: Other Five cement companies shortlisted to acquire CIMA 04 March 2024 social, and governance (ESG) factors. CIMA, a key supplier for most bumiputera contractors in Malaysia, faces potential acquisition by the highest bidders, Heidelberg Materials and Huaxin Cement. As of end-2022, CIMA reported total assets of MYR 1.53... Type: Article Category: Markets & Competition Suzano future growth prospects 01 March 2024 capacity by 2.55 million tons annually, enhancing its global competitiveness. Other major investments in 2023 include the acquisition of tissue assets, expansion of forestry estates, and modernization of production units. Plans for a tissue paper mill... Type: Article Category: South America PAPECO set to acquire Toscotec’s a TT SYD steel Yankee dry 01 March 2024 Papeteries du Cotentin (PAPECO), a leading French tissue manufacturer, has made significant advancements with the acquisition of a TT SYD steel Yankee dryer from Toscotec, along with a comprehensive high-performance steam and condensate installation.... Type: Article Category: Europe & Central Asia BUA Cement reports NGN460 billion profit 01 March 2024 70MW gas power plant at Obu in the first quarter of 2024. Beyond these milestones, our strategic efforts included the acquisition of over 500 trucks, reinforcing our distribution capabilities, and strengthening our foothold in the market," highlighted... Type: Article Category: Financial Limak acquires Ergani factory 01 March 2024 Strategic acquisition strengthens Limak's position in cement industry (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Limak Eastern Anadolu Cement (LMKDC) successfully... Type: Article Category: Plant Expansions Mordovcement produced over 3 million tons of cement in 2023 01 March 2024 The mechanical workshop augmented its machinery with seven specialized units, boosting efficiency, reducing component acquisition costs, and expanding parts production for CEMROS factories. Over RUB 6 million worth of spare parts were manufactured,... Type: Article Category: Markets & Competition Dobrush paper mill launches hydrophobic cardboard products 28 February 2024 Production is ramping up with volumes reaching a minimum of 300 tons per month. This expansion is facilitated by the acquisition and installation of new equipment to laminate the cardboard, a process previously unexplored in Belarus. With this addition,... Type: Article Category: Europe & Central Asia Kenan Advantage Group ventures into dry bulk sector 28 February 2024 Strategic acquisition expands the company's transportation portfolio (CW Group) AOL.com informs that Kenan Advantage Group, headquartered in Jackson Township near the Akron-Canton Airport, has made a significant move into the dry bulk sector by... Type: Article Category: Markets & trade Rohrdorfer/Asamer merger prompts Competition Authority review application 28 February 2024 an in-depth review (Phase II) with the Cartel Court on February 21, 2024. The merger, identified as Z-6472, involves the acquisition of 49 percent of shares and joint control over ASAMER Kies- und Betonwerke GmbH by the applicant, Südbayerisches... Type: Article Category: Mergers & Acquisitions Mother of Pearl Vodka acquires paper bottle machine from Frugalpac 27 February 2024 industry (CW Group) Australia-based drinks brand Mother of Pearl Vodka has made a groundbreaking move by announcing its acquisition of the country's first paper bottle machine from Frugalpac. This strategic decision is poised to have a significant... Type: Article Category: Australasia Quebec investors eye Joliette plant acquisition 27 February 2024 the Joliette plant due to substantial investments required for compliance with new environmental standards. While the acquisition may generate employment, concerns about the plant's environmental impact persist, given its status as a significant... Type: Article Category: Plant Expansions Saint-Gobain's acquires CSR stake 26 February 2024 boasts AUD 2.7bn in total revenue, operates 30 manufacturing plants, and employs approximately 2,500 individuals. This acquisition presents Saint-Gobain with a unique opportunity to establish a leading presence in the Australian construction market,... Type: Article Category: Construction Fedrigoni CEO clarifies Mohawk Fine Papers acquisition 26 February 2024 Explanations for Fedrigoni's strategic asset acquisition (CW Group) Paper Age sheds light on Fedrigoni Group's acquisition of select assets from Mohawk Fine Papers, as elucidated by CEO Marco Nespolo. In response to recent speculation, Fedrigoni Group... 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