Russia: Vostokcement subsidiary Spasskcement received a ninth belt to serve as a back-up for conveying materials into one of its two kilns at its Spasskcement plant. The belt is 7.65m wide and was manufactured in Louyang, China.

US: The construction company Cross River has partnered with Canada-based proprietary technology manufacturer Svante to deliver industrial carbon capture and storage (CCS) projects. BusinessWire has reported that Svante has already supplied its CCS pipelines to the 1Mt/yr CO₂ment concrete plant in British Colombia, a joint operation between Swiss LafargeHolcim and French Total which uses captured CO₂ to aerate its concrete.

Australia: NRW Holdings has acquired the mining and construction conglomerate BGC Contracting and engaged UBS to help find buyers for its various divisions. These include BGC Cement, which operates a grinding plant in Kwinana, Western Australia.

US: Cemex says it has agreed to sell the Kosmos Cement Company to Eagle Materials for around US$665m. The Mexican company owns a 75% stake in the company and Italy’s Buzzi Unicem manages the remainder. It expects to receive US$499m from the transaction. This will be spent on debt reduction and for general corporate purposes. The sale includes the 1.7Mt/yr Kosmos integrated cement plant in Louisville, Kentucky as well as seven distribution terminals and raw material reserves.

“This is another key milestone in achieving our ‘A Stronger Cemex’ objectives. Now, closed or announced asset sales are in excess of US$1.3bn under this program. We are pleased with the continued favourable asset-divestment dynamics in our industry,” said Fernando A Gonzalez, chief executive officer (CEO) of Cemex.

Completion of the deal is subject to regulatory approval. It is expected to complete in the first quarter of 2020.