Anhui Conch reports 25% drop in net profit in 2024
China based Anhui Conch Cement posted a 35.5 per cent drop in revenue to CNY91.03bn (US$12.55bn) in 2024 when compared with 2023. The gross profit margin slipped by 0.52 percen...
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Chinese company to acquire Tunisian cement plant
China’s ambassador to Tunisia, Wan Li, said that a Chinese company specialising in the cement industry plans to acquire a Tunisian cement plant next week, valued at over US$100...
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 su...
Driving down CO2 emissions with 90% TSR
Since the signing of the Paris Agreement in 2016, countries all over the world have set carbon emissions targets and adopted carbon-neutral planning. China has committed to the...
Cimpor Global and FIZIX digital collaboration
Cimpor Global announces a new collaboration with FIZIX to detect malfunctions in cement production facilities before they occur. Cimpor Global (TCC Group) will commission th...
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 sl...
China's housing slump sees cement directed at overseas construction
This week, CemNet reported that China's cement demand fell eight per cent YoY in 2024 to 1858.9Mt. Capacity utilisation has slipped to 50 per cent, while cement production in t...
Chinese cement dropped sharply in 2024, and will continue to fall
The decline in the Chinese cement market deepened in 2024. Demand contracted eight per cent YoY in 2024 to 1858.9Mt, as the country’s property market crisis weighed heavily on ...
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. ...
KHD to modernise Conch Zongyang preheater
The Conch Zongyang Line No 4 preheater modernisation project has been selected as a pilot project under the Sino-German Energy Efficiency Improvement Demonstration in Key Indus...