Saudi Arabia: Yanbu Cement has started a two months modernisation project on Line 4 at its integrated Yanbu plant. The company said that dispatches would not be affected by the stoppage due to sufficient clinker stocks. Line 5, which represents 60% of the company's total capacity at the plant, will continue production at full capacity.

The cement producer reported that its sales fell by 4% year-on-year to US$251m in 2020 from US$260m in 2019. Its net profit after zakat and tax grew by 9% to US$74.9m from US$68.7m.

US: Cemex USA has acquired Beck Readymix Concrete. The ready-mix producer operates three concrete plants in San Antonio, Texas and an additional portable plant.

Texas Regional President Scott Ducoff said, “Texas is experiencing explosive growth and Cemex has repeatedly shown it is ready to make moves to help fuel it. By acquiring these facilities, Cemex will be able to deliver our high-quality products that many Texans are already familiar with to satisfy the high demand of customers of one of the state’s most dynamic markets. We welcome our new employees and look forward to a smooth transition for them.”

Saudi Arabia: Yamama Cement’s sales rose by 10% year-on-year to US$235m in 2020 from US$214m in 2019. Its net profit after zakat and tax grew by 42% to US$96.9m from US$68.3m.

US: Terminal Ready-Mix has announced its acquisition of assets from ready-mix concrete and building materials producer Huron Cement. Ohio Newstime has reported that the companies completed the deal in February 2021.