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Competition and Markets Authority to consider Breedon Group undertakings for Cemex UK acquisitions

14 September 2020

UK: The Competition and Markets Authority (CMA) has announced that it will consider the undertakings offered by Breedon Group to which its deal with Cemex UK for acquisition of several of the latter’s ready-mix and aggregates operations would be subject. The regulator explained its ruling by saying, “There are reasonable grounds for believing that the undertakings might be accepted by the CMA under the Enterprise Act 2002.” This may lead to the completion of the acquisitions, which were agreed on 21 January 2020.

Published in Global Cement News
Tagged under
  • UK
  • Competition and Markets Authority
  • Breedon Group
  • Acquisition
  • Cemex
  • Cemex UK
  • Aggregates
  • concrete
  • Competition
  • GCW473

Cemex launches resilience strategy

11 September 2020

Mexico: Cemex has launched Operation Resilience, its 2020 medium-term strategy. The plan consists of strategic divestments, US$280m in cost reduction and optimisation of the company’s portfolio towards European and US markets.

Chief executive officer (CEO) Fernando Gonzalez said, “Operation Resilience lays the foundation for our future. It allows Cemex to optimise its portfolio for profitable growth while securing its position as a leading vertically-integrated heavy building materials company with a focus on four core businesses: cement, ready-mix, aggregates and urbanisation solutions. We will concentrate on developing sustainable urbanisation solutions which meet the needs of growing metropolises while we ourselves progress towards achieving our long-term decarbonisation goals.”

Published in Global Cement News
Tagged under
  • Mexico
  • Cemex
  • Strategy
  • corporate
  • US
  • Europe
  • GCW473

Anhui Haibo Intelligent Technology and Huawei sign mine vehicle automation project contract

11 September 2020

China: Anhui Conch subsidiary Anhui Haibo Intelligent Technology has announced the signing with Huawei of a contract of collaboration towards developing systems for using driverless vehicles in mineral extraction operations. General manager He Shenzhong said, “Huawei and Conch have joined forces to empower traditional industries with high-intelligence technology. The goal is to create a world-class unmanned open-pit mine project, transform the unmanned technology achievements of open-pit mines into actual productivity projects, and establish unmanned open-pit mines – a new benchmark for the development of traditional industries.”

Published in Global Cement News
Tagged under
  • China
  • Anhui Conch
  • Anhui Haibo Intelligent Technology
  • Huawei
  • Quarry
  • Mining
  • mine
  • vehicle
  • driverless vehicle
  • GCW473

Mordovcement switches to polypropylene packaging

11 September 2020

Russia: Eurocement subsidiary Mordovcement has begun packaging its CEM-I Ordinary Portland Cement (OPC) in 50kg bags made of polypropylene. The company said that the plastic has strength advantages over paper and makes its products harder to counterfeit. It advised customers to reuse the bags for collection and disposal of waste, or to recycle them.

Published in Global Cement News
Tagged under
  • Russia
  • Eurocement
  • Mordovcement
  • packaging
  • Bags
  • polypropylene
  • GCW473

Cemex UK supplies Vertua concrete to University of Warwick Cryfield halls

11 September 2020

UK: Cemex UK says that construction company Kier used concretes from its reduced-carbon dioxide (CO2) Vertua range to complete a net-zero CO2 residential construction project at the University Warwick. Sales executive Matthew Doran said that the student accommodation, called Cryfield, “was the first project for which Kier has chosen to use the Vertua range and it was an exciting opportunity for Cemex to demonstrate the value of this product as both a high-performance and sustainable choice.”

Published in Global Cement News
Tagged under
  • UK
  • Cemex
  • Cemex UK
  • concrete
  • Sustainability
  • GCW473
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