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Raw material shortages cause Chhatak Cement Factory to close

Bangladesh’s oldest cement plant, Chhatak Cement Factory , which operates under the  Bangladesh Chemical Industries Corporation (BCIC) of the Ministry of Industry, reportedly ceased operations d...
News - 28 February 2025

Star Cement proposes INR32bn plant in Assam

Star Cement Ltd has proposed the construction of a INR32bn (US$367.4m) integrated cement plant in Assam, India.  The company signed a Memorandum of Understanding (MoU) of understanding with t...
News - 27 February 2025

UltraTech Cement launches plastic waste initiative

UltraTech Cement Ltd, in partnership with Prayagraj Nagar Nigam, has launched a waste management initiative at the Maha Kumbh 2025 being held at Prayagraj, Uttar Pradesh. The initiative, titled ...
News - 27 February 2025

Heidelberg Materials reports stable financial performance in 2024

Heidelberg Materials  has reported stable financial results for 2024, with group revenue amounting to EUR21.16bn (US$22.2bn), reflecting a marginal 0.1 per cent decline from the previous year’s E...
News - 25 February 2025

USG freight market suffers further losses

The USG Supramax spot freight market sentiment was quite pessimistic throughout the month and rates were falling on the back of limited fresh cargoes and a long list of available vessels. Addition...
News - 25 February 2025

Kiln electrification is one step nearer

This week, kiln electrification has seen positive developments with the ELECTRA project while SaltX and Coolbrook are taking the next step in evolving this type of technology to a more viable solu...
News - 21 February 2025

Adani Group to invest INR300bn in Kerala over five years

Adani Group has announced plans to invest INR300bn (US$3.6bn) in Kerala over the next five years, significantly expanding its presence in the state. The diversified conglomerate, which is actively...
News - 21 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

Adani Cement eyes acquisitions in South India

Adani Cement is conducting due diligence on at least two South India-based cement companies as part of its expansion strategy. The group remains interested in acquiring Jaypee Cement , owned by...
News - 19 February 2025

UltraTech Cement commissions 0.6Mta Karur grinding expansion

UltraTech Cement ( Aditya Birla Group ) has commissioned a 0.6Mta slag based grinding capacity at its existing factory in Karur, Tamil Nadu. This follows the earlier commissioning of 2.7Mta greenf...
News - 14 February 2025