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SOCOCIM Industries secures IFC loan for decarbonisation

SOCOCIM  ( Vicat group ) has been granted a green loan of CFA49bn (US$77.6m) from International Finance Corp (IFC) ...

GCCA approves concentration in Georgian grey cement market

The Georgian Competition and Consumer Agency (GCCA) has approved the acquisition of equal 50 per cent stakes in LLC ...

Afghan government signs US$145m cement plant contract

The Afghan caretaker government’s Ministry of Mines and Petroleum has signed a US$145m contract for the construction...

ICR January 2025 Issue

ICR interviews Erkam Kocakerim, Global CEO of Limak Cement, and forecasts world cement demand in 2025. KHD Humboldt ...

InterCement sees EBITDA rise 6% YoY in 3Q24

InterCement Participações SA reported EBITDA growth of six per cent YoY in the 3Q24, on the back of margin recover...

Cement demand in Spain up 4% in November

Cement consumption in Spain increased 4.3 per cent YoY to 1,345,612t in November 2024, according to Oficemen, the co...

CCI approves UltraTech's 33% equity share acquisition of The India Cements

UltraTech Cement ( Aditya Birla ) has been successful in a cquiring the equity shares of The India Cements Ltd ...

US & Puerto Rico Portland and blended cement market contracts 8% in September

Total shipments of Portland and blended cement in the USA and Puerto Rico fell 7.8 per cent YoY to 8.94Mt in Septemb...

Bangladesh resolves gas supply issue for LafargeHolcim plant

Bangladesh has addressed a critical gas supply issue for LafargeHolcim Bangladesh PLC , ensuring continued producti...

Taiwan Cement Corporation targets EUR1.4bn investment in Portugal by 2030

Taiwan Cement Corporation (TCC) will invest an additional EUR360m into Cimpor by 2030, bringing total investment i...

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