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News Items filtered by date: 16 July 2019

Items filtered by date: 16 July 2019

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Emami Group chooses Arpwood Capital and Credit Suisse to manage sale of cement business

16 July 2019

India: Emami Group has chosen Arpwood Capital and Credit Suisse to manage the sale of its cement business. It is seeking a sale value of around US$1bn according to sources quoted by the Business Standard newspaper. However, the company is still deciding the size of the stake it wants to sell. UltraTech Cement was reported to be in talks to buy a stake in Emami Cement in late June 2019.

Published in Global Cement News
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United Bulk Carriers and Baltrader form Cement Carrier Alliance

16 July 2019

Germany/US: Germany’s Baltrader and US-based United Bulk Carriers (UBC) have launched the Cement Carrier Alliance (CCA) to cooperate the marketing of their respective fleets of pneumatic cement carriers. The aim of the deal is to offer a wider range of vessel sizes to existing and new customers while enhancing marketing to current and developing markets. The two companies operate 15 self-discharging cement carriers with a range of 3000 – 15,000DWT vessels.

Both companies will remain independent entities each operating out of their own offices while offering continuity in their customer relationships. CCA will be jointly represented by the UBC office in Philadelphia and the Baltrader office in Hamburg.

Published in Global Cement News
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Holcim Nederland Bouwmaterialen receives certification from Concrete Sustainability Council

16 July 2019

Netherlands: Holcim Nederland Bouwmaterialen has recevied certification from the Concrete Sustainability Council (CSC) for its five concrete plants. The certification process was handled by Kiwa Netherlands.

Published in Global Cement News
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