Colombia: Cemex is ‘exploring’ the possible sale of its business in Colombia, Bloomberg has reported.
Cemex previously delisted Spain-based Cemex Latam Holdings from the Colombian Stock Exchange in 2023.
Colombia: Cemex is ‘exploring’ the possible sale of its business in Colombia, Bloomberg has reported.
Cemex previously delisted Spain-based Cemex Latam Holdings from the Colombian Stock Exchange in 2023.
India: JSW Group is actively seeking investment opportunities in Assam’s cement sector. Besides cement production, the group is reportedly investigating power plant opportunities in the state.
The Business Standard newspaper has reported that JSW Group Chair Sajjan Jindal noted the strategic importance of North East India as one half of a ‘dual-engine’ Indian economy.
India: The Adani Group has launched new investment plans in the states of Assam and Madhya Pradesh, including in their cement sectors. Chair Gautam Adani says that the group will invest US$5.73bn in Assam and US$12.6bn in Madhya Pradesh. The Business Standard newspaper has reported that the latter investment will generate over 100,000 new jobs and involve the construction of a new smart city.
Honduras: Ultracem has announced that, through its subsidiary Ultracem Centroamérica, it is selling some of its assets in Honduras. The transaction involved the indirect sale of Duracem Honduras shares to Blackriver Overseas for US$56m.
The producer completed the sale on 20 February 2025, after fulfilling the conditions of the purchase agreement. It stated that the sale is “part of Ultracem's corporate strategy to focus its business on cement and concrete production activities in Colombia.”