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After dip, freight rates seen stable to slightly higher

By Brannvoll ApS, Denmark The USG Supramax spot freight market was strong during the first half of the month.  Ra...

Raysut Cement appoint a new CEO

Raysut Cement Co has appointed Mr Tarek Talaat as its new CEO.   Mr Talaat has 30 years of experience in the ceme...

October 2023 issue

Germany props up ailing construction sector, Breedon profits despite new concrete levy, GGBS use cuts CO 2 emission...

Indocement looks to dominate Central Java market

This week Heidelberg Materials' subsidiary, PT Indocement Tunggal Prakarsa (Indocement), signed an agreement to acqu...

Saudi Arabian exports top 11Mt

Saudi Arabia exported a total of 11.33Mt of cement and clinker in the 21-month period covering 2022 and the opening ...

CNBM issues 9M23 profit warning

China National Building Material (CNBM) has issued a profit warning for the opening nine months of 2023. According...

PIBTL reap benefits from PKR appreciation to reduce exchange losses 

Pakistan International Bulk Terminal Ltd (PIBTL) will benefit from Pakistani rupee currency appreciation against the...

Heidelberg Materials acquires PT Semen Grobogan plant

Heidelberg Materials , via its subsidiary Indocement , has signed an agreement to acquire 100 per cent of the shar...

Better capacity utilisation improves financial result of 1QFY23-24

Pakistani cement producers listed in the Pakistan Stock Exchange (PSX) have yet to post their financial results for ...

PPC Zimbabwe managing director steps down

PPC Zimbabwe Ltd has announced the resignation of its managing director, Kelibone Masiyane. Mr Masiyane joined the...

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