CemWeek Search

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Total: 50 results found.

19

Jul 2022
Adani Group seals acquisition of Holcim's stake in Ambuja Cements and AC

The deal is subject to regulatory approval [PAID=]India-based Adani Group said in a press release that through an offshore subsidiary it has entered into a definitive agreement to acquire Holcim's stake ...

15

Jul 2022
China Resources Cement to acquire an 85 percent stake in Jingang Cement

The transaction totaled CNY 540 million [PAID=]China Resources Cement plans to acquire an 85 percent stake in Jingang Cement for CNY 540 million, reports China Cement Network. Zhaoqing Jingang Cement ...

28

Jun 2022
UFP acquires 50 percent equity stake in Dempsey Wood Products

The acquisition was made through UFP’s affiliate PalletOne UFP Industries has announced that its affiliate, PalletOne, has acquired a 50 percent equity stake in Dempsey Wood Products, as reported by ...

09

Jun 2022
Fossil Mines to acquire Lafarge Cement Zimbabwe's controlling stak

The company has entered into a binding agreement to buy a 76.45 percent stake Zimbabwe-based Fossil Mines Limited has entered into a binding agreement to buy a 76.45 percent stake in Lafarge Cement ...

09

May 2022
Tunas Capital acquires stake in Malaysia Maybulk

... stake in the dry bulk carrier, according to The Edge Markets. As a result of Maybulk’s filing with Bursa Malaysia, Yoke Choon and Yoke Kan hold equal 50 percent stakes in Tunas Capital. Pacific Carriers, ...

04

May 2022
Interfor East acquires stake in GreenFirst Forest Products

Interfor East has acquired a total of 28,684,433 common shares in the capital of GreenFirst Forest Products The Interfor Corporation has announced that its wholly-owned subsidiary, Interfor East has ...

21

Apr 2022
The Gambia Standards Bureau meets cement stakeholders to ensure standards

The move comes following the recent proliferation of non-quality cement The Gambia Standards Bureau (TGSB) last Tuesday engaged stakeholders in the cement business to ensure conformity and standards ...

21

Apr 2022
Yanbu Cement Company purchases remaining stake of Yanbu Paper Products

The paper company was acquired for SAR 32.33 million [PAID=] The Yanbu Cement Company has announced the completion of the legal procedures for the purchase of the entire shares owned by the Shuaiba ...

11

Apr 2022
Vicat Egypt to buy another stake in Sinai Cement

The transaction would bring Vicat’s stake in the firm to 98.3 percent The French cement producer Vicat Egypt announced in a statement to the Egypt Stock Exchange (EGX) that it has submitted a mandatory ...

08

Apr 2022
Borneo Oil to acquire a stake in MT 23 Resources

The company owns an integrated clinker and cement plant located in Sabah, Malaysia Malaysia's Borneo Oil disclosed it has signed a supplemental agreement to acquire a stake in Labuan-based MT 23 Resources, ...

06

Apr 2022
Battery Metals Royalties to acquire stake in Silver Elephant Mining's subsidiar

Battery is proposing to acquire a 45 percent equity interest of Silver Elephant’s wholly owned Mega Thermal Coal Silver Elephant Mining and Battery Metals Royalties have announced their entering into ...

25

Feb 2022
Teck Resources to sell minority stake in metallurgical coal business in Canada

The Canadian miner has already approached parties Teck Resources is considering the sale of a minority stake in its metallurgical coal business as it seeks to take advantage of surging prices for the ...

17

Feb 2022
Shree Global to acquire the remaining 40 percent stake in Union Cement Norcem

... 40 percent stake in Union Cement Norcem, reports Business Standard. Union Cement Norcem is an oil well cement producer. The UAE-based subsidiary presently holds 60 percent Equity Capital of Union Cement ...

24

Jan 2022
Pemex acquires 50 percent stake in Deer Park refinery

With the new acquisition, the Mexican company became the sole shareholder of the refinery in Texas, US Pemex, headquartered in Mexico, has closed a deal to acquire from Shell its stake in the oil refinery ...

19

Jan 2022
Vasútvill acquires stake in MABA Hungaria

Vasútvill now owns 49 percent stake in the Hungarian company [PAID=]Kirchdorfer Concrete Solutions and the Vasútvill authorities met in Szombathely, Hungary, at the end of the year, to sign the contract ...

18

Jan 2022
Ahlstrom-Munksjö completes acquisition of Minglian New Materials Technology's stake

The company finished the purchase of a 60 percent stake of the Chinese decor paper producer Ahlstrom-Munksjö has completed the purchase of a 60 percent stake in Chinese decor paper producer Minglian ...

22

Dec 2021
SBI acquires minority stake in JSW Cement

The bank invested INR 100 crore in the cement manufacturer The State Bank of India (SBI) has acquired a minority stake in JSW Cement, writes India.com. The bank invested INR 100 crore in the cement ...

13

Dec 2021
CSL announces the acquisition of minority stake in EMS-Tech

The Canadian company will enhance business with innovative solutions supplier Splash 247 reports that the Canada-based CSL has acquired a minority stake in the bulk material handling systems designer ...

02

Dec 2021
Indonesia Transport & Infrastructure to acquire majority stake in Bhakti Coal Resources

IATA will pay USD 140 million for BCR [PAID=]Indonesia Transport & Infrastructure (IATA) has signed a Conditional Sale and Purchase Agreement from MNC Investama (CSPA) to acquire a 99.33 percent stake ...

29

Nov 2021
Parksons Packaging acquires majority stake in Manihar Packaging

The financial details of the transaction were not revealed Parksons Packaging has acquired a majority stake in Manihar Packaging, a company that produces folding cartons for the premium alcoholic beverages ...

17

Nov 2021
Petrobras Distribuidora sells its minority stake in Brasil Carbonos

Grupo Unimetal sealed the deal to acquire the stake [PAID=]Petrobras Distribuidora sold its minority stake in Brazil Carbonos to Grupo Unimetal on September 15, however, the companies have not shared ...

08

Nov 2021
BHP sells stake in metallurgical coal joint venture

BHP sold its 80 percent stake for more than USD 1.35 billion Global miner BHP Group signed a deal to sell its 80 percent stake in BHP Mitsui Coal to Stanmore Resources, for more than USD 1.35 billion, ...

27

Oct 2021
HeidelbergCement acquires majority stake in Tanzania's Tanga Cemen

Closing of the transaction is expected in the second quarter of 2022 HeidelbergCement disclosed on its website it has signed an agreement to acquire 68 percent of the shares in the Tanzanian cement ...

20

Oct 2021
NEQSOL Holding plans to acquire a stake in Ivano-Frankivsk Cement

The holding applied on October 18 to the Antimonopoly Committee of Ukraine to acquire a stake in the company The Azerbaijani company NEQSOL Holding announced that it plans to expand its investment portfolio ...

04

Oct 2021
Adani Ports acquires 100 percent stakes in Gangavaram Port

In the beginning of 2021, APSEZ acquired part of the stakes The Maritime Standard reports that Adani Ports and Special Economic Zone (APSEZ) has completed the acquisition of the stakes in the port of ...

01

Oct 2021
Cosco Shipping to sell 60 percent stake in its Singapore business

It will be sold to Cosco Shipping, a wholly-owned subsidiary of Cosco Shipping Bulk Business Times reports that Cosco Shipping International announced the proposed disposal of a 60 percent stake in ...

27

Sep 2021
Grindrod to sell its remaining stake in Singapore shipping business

The South African player will sell its 9.6 remaining stake South Africa-based logistics player Grindrod will sell its remaining 9.6 percent stake in Grindrod Shipping, reports Splash 247. This comes ...

06

Sep 2021
Grindrod Shipping acquires remaining stake in the IVS bulk joint venture

... Namely, the group acquired the remaining equity stake in its IVS bulk joint venture, decided to grant the extension of IVS Pinehurst charter and repurchased authority granted by shareholders at the last ...

02

Sep 2021
Holcim completes purchase of 51 percent stake in Costa Rican ready-mix concrete producer

... of ready-mix concrete producer Concretera Nacional. Having acquired the majority stakes, it is now one of the largest building material and construction companies in the country. Amidst concerns that ...

08

Jun 2021
Anjani Portland Cement acquires controlling stake in Bhavya Cements

The deal was sealed for INR 607.18 crore India-based Anjani Portland Cement announced it has acquired 82.51 percent stake in Bhavya Cements, writes Business Standard. The deal was sealed for INR 607.18 ...

31

May 2021
Eurocement Holding sells 84 percent stake in cement plant in Uzbekistan

Lamanka Interprises acquired 84 percent of the shares of Ahangaran owned by Eurocement Holding AG, for USD 53 million [PAID=] Lamanka Interprises, registered in Cyprus, acquired 84 percent of the shares ...

27

May 2021
Anjani Portland Cement to acquire a controlling stake in Bhavya Cements

... Cements Private Limited and its Promoters, for the acquisition of a controlling stake in the equity shares capital of the company, informs India IIFL Securities. The company was established in 2007 with ...

04

May 2021
Oman considers selling major stake in Oman Cement Company

The sultanate is speaking to advisers about selling its stake in the company Oman is considering the sale of its stake in Oman Cement Company, according to a report citing people with knowledge of ...

02

Mar 2021
Vale to acquire Mitsui's stakes in the Moatize min

Vale has signed a Heads of Agreement (HoA) to acquire Mitsui's stakes in the Moatize mine in January 2021 In January of 2021, mining giant Vale has signed a Heads of Agreement (HoA) to acquire Mitsui' ...

25

Jan 2021
Suez Cement announces sale of its stake in Hilal Cement

The 51 percent stake will be offered through Kuwaiti Bourse on January 24 Egypt's Suez Cement announced it will offer its 51 percent stake in Hilal Cement Company for sale through Kuwaiti Bourse on January ...

05

Jan 2021
Metsa Board to sell 30 percent stake in Swedish pulp mill

The company plans to use the cash released by the sale to develop investments in paperboard The Finnish forest company Metsa Board will sell a 30 percent stake in a pulp mill in Husum, Sweden, to Norra ...

03

Dec 2020
Gazprombank sells nearly 50 percent stake at Elga coal deposit to A-Property

... stake in the business, which makes the company the 100 percent owner of the assets of the Elga coal complex. Gazprombank’s deputy Chairman of the Management Board, Tigran Khachaturov, said the sales ...

03

Dec 2020
Metsa Board to sell stake in Sweden's Husum pulp mil

The cash released by the sale is valued at EUR 350 million Finland-based forest company Metsa Board disclosed, on December 1, it will sell a 30 percent stake in a pulp mill in Husum, Sweden, to Norra ...

11

Nov 2020
Potential stakeholders evaluate offers for Brazil’s Petrobras refineries

... potential stakeholders engage in negotiations, writes Biodiesel. Interested parties reportedly include the Indian conglomerate Essar Group, and local companies Raízen and Ultrapar Participações. The ...

11

Nov 2020
Potential stakeholders evaluate offers for Brazil’s Petrobras refineries

The sales are part of the company’s plan to end its refining monopoly ...To read the full article on PetCokeWeek, click here.

14

Oct 2020
Raysut Cement acquires 75 percent stake in LafargeHolcim Maldives cement terminal

The terminal is located at the Thilafushi Island, in Maldives Oman-based Raysut Cement Company announced it has acquired a 75 percent stake in a cement terminal at Thilafushi Island, in Maldives, reports ...

06

Oct 2020
South Korea’s KEPCO to acquire stake in Vietnamese coal power plant project

... coal-fired power plant in Vietnam’s Ha Tinh Province, informs Pulse. The Vung Ang 2 project is estimated to cost USD 2.2 billion. Through its participation, KEPCO will acquire a 40 percent stake in ...

14

Sep 2020
Pan Ocean becomes stakeholder of the Export Grain Terminal (US)

The company is looking to expand its global presence According to the Korea Herald, Pan Ocean Co., South Korea's top bulk carrier, has bought a 36.25 percent share in the Export Grain Terminal (EGT), ...

04

Aug 2020
West China Cement’s subsidiary acquires majority stake in Kangding Paomashan Cement

Details of the purchase agreement were published [PAID=] West China Cement’s subsidiary, Yaobai Special Cement, has acquired a 97.5 percent equity interest in Kangding Paomashan Cement, after its share ...

08

Jul 2020
UltraTech Cement gives up stake in China plant

The company is selling for an enterprise value of USD 120 million UltraTech Cement said on Tuesday that its subsidiary Krishna Holdings will sell its entire stake in Shandong Binani Rongan Cement Company ...

23

Jun 2020
Hongsi acquires majority stake in Nepal’s Dang Cement

The company has also acquired some shares of India’s Ambuja Cement Hongsi has acquired 85 percent of the shares of Dang Cement, which has a daily production capacity of around 6,000 tons, reports Bizmandu. ...

09

Jun 2020
Livonia Partners to sell majority stake in Thermory

UG Investeeringud signs preliminary agreement to acquire the stake Estonian holding company UG Investeeringud has signed a preliminary agreement to obtain the majority ownership in Thermory AS, a global ...

02

Jun 2020
LD Celulose stakeholders restructure financing for construction of new dissolving pulp unit

The company is jointly held by Duratex and Lenzing [PAID=]Duratex and Lenzing, which hold the joint venture LD Celulose, have restructured their financing in order to build a new dissolving pulp unit ...

28

Apr 2020
Imabari acquires stake in Belships

The company has paid some of its orderbook from Imabari through shares Imabari now controls about seven percent of Oslo-listed dry bulk concern, Belships, reports Splash 24/7. Belships has contracted ...

24

Apr 2020
Taiheiyo Cement to acquire stake in Semen Indonesia subsidiary

The company aims to establish a partnership in the country Taiheiyo Cement, based in Japan, has announced its interest in acquiring a 15 percent stake in a subsidiary of state-owned Semen Indonesia, ...

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