14 March 2018

Germany: Italy’s Buzzi Unicem, though its German subsidiary Dyckerhoff, has signed a purchase agreement to acquire Portlandzementwerke Seibel & Söhne. The completion of the transfer of shares is subject to the clearance of the German Federal Cartel Authority and is expected within the next weeks. Portlandzementwerke Seibel & Söhne operates a cement plant in Erwitte, North Rhine-Westphalia. No value for the deal has been disclosed.

Jamaica: Caribbean Cement plans to raise the production of gypsum and limestone from its quarries. It intends to increase the size of its Halberstadt Gypsum Quarry to 200,000t/yr and build a new 800,000t/yr limestone quarry at Harbour Head, according to the Gleaner newspaper. Both quarries will be near to the cement producer’s plant at Rockfort in Kingston. The plan requires approval from the National Environment & Planning Agency.

Caribbean Cement says that the expansions to its quarrying operations are required to secure supply of these materials. It has not commented on the size of the investment required for the project. Its quarries are operated through a subsidiary, Jamaica Gypsum & Quarries.