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CRH revenue up 2% YoY in 1Q24

CRH has reported total revenue of US$6.5bn in the opening quarter of 2024, ended 31 March. This marks a two per ce...

US building materials groups report strong 1Q24

CemNet has a look across the pond at how three US building materials companies have fared in the 1Q24. While results...

Italian cement expanding amid strong government spending

Italian cement output continues to expand, rising 10 per cent YoY in February 2024, according to the latest data fro...

Gunmen abduct Dangote workers at Okpella

Gunmen stormed Dangote Cement ’s Okpella plant in Edo State, Nigeria, on 14 May, abducting dozens of plant worker...

Hail Cement sees 19% drop in 1Q net profit

Hail Cement posted 1Q24 sales of SAR73.8m (US$19.7m), up by 19.2 per cent when compared with SAR61.9m in the 1Q23....

Saudi cement sales up 13% YoY in April

Saudi Arabian cement sales increased by 12.5 per cent YoY in April 2024 but fell 18.4 per cent compared to the previ...

ENVEA acquires Asia Pacific Air Quality Group

Environmental management solutions company ENVEA has acquired Asia Pacific Air Quality Group (APAQ Group). ENVEA vie...

Holcim France steps up decarbonisation investments

Holcim is deploying an extra EUR60m to continue the decarbonisation of its industrial sites in France. These funds a...

PIBTL handled 5,366,521t of cargo in 9MFY23-24

Pakistan International Bulk Terminal Ltd (PIBTL) recently announced its 9MFY23-24 financial statements for 31 March ...

Yanbu Cement posts 14% increase in net profit

Yanbu Cement Co reported a 14.3 per cent YoY increase in net profit to SAR58.31m (US$15.5m) in the 1Q24 from SAR51...