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Update on fly ash in the US, April 2023 – Global Cement

Heidelberg Materials announced a US acquisition at the same time as the ongoing IEEE/IAS-PCA Cement Conference in Dallas, Texas this week. It has entered into a purchase agreement to acquire The SEFA Group, a fly ash recycling company based in Lexington, South Carolina. Its operations include five beneficiation plants, five utility partners, 20 locations and […]

Cemento PANAM hires Sinoma Construction for Dominican … – Global Cement

Dominican Republic: Grupo Estrella subsidiary Cemento PANAM plans to execute a 1.23Mt/yr grinding plant project in the Dominican Republic. CNS News has reported that China-based Sinoma Construction won a contract to deliver the project.Sinoma Construction said that Cemento PANAM had expressed ‘strong interest’ in its carbon-neutral technology. The supplier expressed the hope that the two […]

Cemex raises nine-month sales and earnings so far in 2023

Mexico: Cemex’s sales were US$13.2bn during the first nine months of 2023, up by 13% year-on-year from US$11.7bn in the first nine months of 2022. The group’s operating earnings before interest, taxation, depreciation and amortisation (EBITDA) were US$2.6bn, up by 27% from US$2.1bn. This came in spite of a 7% year-on-year decline in its cement […]

Wan Heng Ghana apologises for alleged tax fraud

Ghana: Wan Heng Ghana has issued a statement clarifying its position after the Ghana Revenue Authority (GRA) found that it had failed to pay US$60.6m in taxes. The company markets cement from its Tema grinding plant as Sol Cement. The producer said “We acknowledge that we are indebted to the GRA for unpaid taxes. We […]