China announces carbon reduction targets for cement production
Chinese government agencies have set specific carbon emission reduction goals for the cement industry, as the country shifts toward a low-carbon economy. China plans to cut CO 2...
Asia
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Dalmia Bharat Acquires 26% stake in Solarcraft Power India
Dalmia Bharat Ltd agreed on 8 June to purchase a 26 per cent equity share in Solarcraft Power India 23 (a Karnataka-based solar power firm) for INR103.18m (US$1.24m). The cement...
Factory in the forest Premium
At its 5Mta Hualien plant in Taiwan, Asia Cement showcases its new circular economy solutions as well as its biodiversity restoration programme. The company’s drive for sustaina...
Indonesia: strengthening its green agenda Premium
As the Indonesian cement market returns to growth, driven by an expanding economy, the country’s cement industry is developing its plants to become more sustainable. By ICR Rese...
Vietnam’s cement output rises 1.9% YoY in 5M24
Vietnam’s General Statistics Office (GSO) has announced that the country’s cement production totalled an estimated 75.7Mt in the January-May 2024 period. This represents a 1.9 p...
UltraTech Cement announces plans to acquire 31.6% stake in RAK Cement
UltraTech Cement , a subsidiary of the Aditya Birla Group, has announced that it intends to acquire a significant 31.6 per cent stake in UAE-based RAK Cement Co for White Cement...
Ramco Cements posts 4QFY24 results
India-based Ramco Cements Limited (TRCL) has announced its financial results for the 4QFY24, reporting a 20 per cent decline in its standalone net profit after tax to INR1210m (...
Yong Concrete PCL announces two new plants in Rayong
Thailand-based Yong Concrete PCL has announced plans to build two new facilities in the country. Themove comes in response to rising demand in the Eastern Economic Corridor (ECC...
Southeast Cement Corp’s disappointing 1Q24 results
Taiwan-based cement producer, Southeast Cement Corp Ltd, has reported its 1Q financial results for the period ending 31 March. The company saw a 9.3 per cent YoY increase in rev...
ERP for increased cement industry efficiency Premium
Enterprise resource planning (ERP) brings together the myriad of data flows in a cement company, enabling staff to make informed decisions on how to manage operations. This arti...