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Whale Rock plans to acquire Schwenk Namibia

Whale Rock Cement (Pty) Ltd , the parent company of Cheetah Cement, has filed a notice to acquire Schwenk Namibia, which holds a majority stake in Ohorongo Cemen t.  If successful, the transa...
News - 18 March 2025

Cementir's reports Turkish revival in 2024 results

Cementir' s regional results for the 2024 saw strong cement sales in Türkiye and stable sales in Denmark and USA, but elsewhere cement performances came under pressure from slowing construction a...
News - 13 March 2025

Vietnam's cement market contracts 39% in January

Cement consumption in Vietnam fell 39 per cent to 3,188,833t in January 2025 when compared with January 2024, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sale...
News - 10 March 2025

Molins records a net profit of EUR184m in FY24

Molins has released its fourth quarter and full-year 2024 results. Net profit  in 2024 reached a record level of EUR184m (US$191.4m), 22 per cent higher than the previous year.  In 2024 Molins ...
News - 28 February 2025

Energy markets react to Trump tariffs – coal range bound, petcoke higher amid falling discounts

The first weeks after Trump’s inauguration were hectic. The US withdrawal from the Paris Agreement and promises of increased US oil production could lead to lower the oil prices. The geopolitical ...
News - 20 February 2025

Tanzania: managing expectations

Tanzania, the 13th largest country in Africa by area, has shown significant resilience and growth in recent years. In 2023, the country’s GDP expanded by five per cent and projections indicate an ...
new site articles - 17 February 2025

Vietnam exports 7Mt of cement to Philippines in 2024

Vietnam's total cement export in 2024 reached 20.288Mt in 2024, according to data by the Vietnam National Cement Association (VNCA). The country's cement producers shipped their product to 48 coun...
News - 07 February 2025

Global cement forecasts at your finger tips

The latest survey of world cement consumption by ICR - publisher of The Global Cement Report - reveals how global cement demand continued it steep downward trajectory in 2024. Consumption shrank 3...
News - 31 January 2025

LC3: changing the building materials sector

Historically the cement sector has been occupied by large regional and multi-national cement producers. This is primarily due to the relatively high initial capital investment required, which acts...
new site articles - 27 January 2025

Vietnam cement sales see modest growth in 2024

Total Vietnam cement sales, including domestic and export sales, amounted to 8.333Mt in December, up 5.9 per cent YoY from 7.867Mt a year earlier, according to the Vietnam National Cement Associat...
News - 22 January 2025