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US: Colombia’s Grupo Argos is in talks with US-based Summit Materials about a potential merger. Sources quoted by Reuters said that the Colombian company would like to combine Cementos Argos with Summit Materials to gain economies of scale.

Summit Materials owns Continental Cement, a cement producer that runs two integrated cement plants at Hannibal, Missouri and Davenport, Iowa. It operates cement terminals at Minneapolis in Minnesota, St Paul in Minnesota, LaCrosse in Wisconsin, Bettendorf in Iowa, West Des Moines in Iowa, St Louis in Missouri, Memphis in Tennessee, Convent in Louisiana and New Orleans in Louisiana. Summit Materials also owns a number of building material companies in the aggregates, ready-mixed concrete and asphalt industries.

France: Cem'In'Eu plans to raise Euro55m by the end of 2019 to support building new cement grinding plants in Europe. It opened its first 0.25Mt/yr grinding plant at Tonneins, Lot et Garonne in 2018, according to Les Echos newspaper. Construction of a new plant at Portes-lès-Valence, Drôme is scheduled to start in mid-2019. Construction of a larger 0.5Mt/yr plant at Montreuil-Bellay, Maine-et-Loire is anticipated to start in September 2019 for a commissioning date of February 2021. This project will cost Euro35m. Other projects are planned for Chalon-sur-Saône, Saône et Loire and Ottmarsheim.

International projects include a plant at Ottmarsheim, Haut-Rhin in Switzerland and Thamesport in the UK. The former is expected to gather all the necessary permits by September 2019 with construction to follow by the end of the year. An additional project is being planned at the port of Gdynia in Poland.

Brazil: CSN Cimentos is planning to spend around US$390m on building a new 3Mt/yr cement plant in Paraná. Eduardo Bekin, president of the Paraná State Development Agency, said that the company already had the authorisation to conduct economic viability studies and should confirm the plant by late August 2019, according to the Valor Econômico newspaper. CSN is also considering building the plant in Sergipe state, where it operates a limestone mine. The final decision will depend on the best tax environment for the cement producer.

Nigeria: Lafarge Africa has delayed publication of its annual results for 2018. It blamed the delay on ‘pending actions required for the resolution of key matters relating to the closure of its annual financial statement. It says it will release its audited financial statement by the end of June 2019. The subsidiary of LafargeHolcim reported a net loss of US$28.8m for the first nine months of 2019 compared to an income of US$2.61m in the same period in 2017, although it managed to grow its revenue on a year-on-year basis.

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