Indian Supreme Court ruling assigns duties to mining operations
On 14 August 2024, the Supreme Court of India issued a ruling allowing states to impose taxation and royalties on minerals separately from government duties. The ruling also all...
Asia
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Kyrgyzstan enforcing a six month import ban on range of cement
From 1 October Kyrgyzstan is enforcing a six-month road import ban on cement types including Portland, alumina and slag cements, according to a decree signed by Akylbek Japarov,...
PCC approves Consunjis’ acquisition of Cemex Philippines
The Philippine Competitions Commission (PCC) has approved the Consunji Group’s planned acquisition of a majority stake in Cemex Holdings Philippines Inc (CHP). In a statement is...
Votorantim shows strong regional performance in Europe, Asia and Africa
Votorantim Cimentos reports positive results in the 2Q24 for its operations particularly in Europe, Asia and Africa but also in North America. In Brazil Votorantim Cimentos’ net...
LC3 and LC2 – the low-carbon business opportunity Premium
Increasing urbanisation is expected to result in a significant share of the world population living in a built environment that, unless sustainable construction materials are us...
Shree Cement posts 1Q results
India-based Shree Cement reported its 1QFY24-25 results on 6 August 2024, with the company’s revenue from operations declining by 4.7 per cent QoQ, from INR50.7bn (US$603.9m) to...
Ambuja lays foundation stone at new Bihar grinding facility
Ambuja Cement Ltd , part of Adani Cements , has announced a cement grinding unit in Bihar, investing INR16bn (US$190.8m). Bihar Chief Minister, Nitish Kumar, laid the foundation...
Ramco Cements sees 55% fall in net profit
The Ramco Cements Ltd reported a 55 per cent fall in net profit to INR355m (US$4.24m) during the quarter ended 30 June 2024, compared to INR793m in the same quarter of 2023. The...
Liangtian lights up Premium
Earlier this year, China Resources Liangtian Cement Co’s new production line in Chenzhou City, China, built by Tianjin Cement Industry Design and Research Institute (TCDRI), pas...
Taiheiyo Cement Phillipines inaugurates Cebu plant
A PHP12.8bn (US$219.25) cement plant has been opened in San Fernando, Cebu, in the Philippines by Japan-based Taiheiyo Cement . The inauguration marks a substantial investment f...