Investment Fund for Developing Countries sells Power Cement stake
The Investment Fund for Developing Countries and IFU Investment Partners K/S (IIP) have decided to dispose of their combined 6.1 per cent stake in Power Cement Ltd , Pakistan. I...
Denmark
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Denmark’s first CO2 storage facility ready to store large volumes of CO2
Project Greensand, Denmark’s CO2 storage facility in the North Sea subsoil, is ready to receive large amounts of CO 2 . The project is now awaiting the Danish authorities' appro...
FLSmidth & Co Group reports declining revenue in its 2Q24 interim report
In the 2Q24 FLSmidth's group revenue decreased by 23 per cent (-20 per cent if excluding currency effects and effects from divestments). Gross profit increased by five per cent ...
FLSmidth preliminary and unaudited 2Q24 and 1H24 results
FLSmidth has announced preliminary and unaudited financial results for the 2Q24 and 1H24. Consolidated group revenue totalled DKK5bn (US$729.9m) in the 2Q24 and DKK9.8bn in the ...
FLSmidth Cement and Carbon Re sign cooperation agreement
FLSmidth Cement and Carbon Re have announced a cooperation agreement to integrate FLSmidth’s Cement's ECS/ProcessExpert ® advanced process control software, known as PXP, with C...
Cementir features on “Europe's Climate Leaders 2024" list
Cementir has been included in the “Europe's Climate Leaders 2024” ranking, Europe's most climate change-focussed companies, compiled by the Financial Times in collaboration with...
FLSmidth reports 55% increase in 1Q EBITA
FLSmidth posted a 1Q24 total revenue of DKK4839m, down 19.6 per cent YoY from DKK6016m. Total order intake was down 6.8 per cent YoY to DKK5248m from DKK5632m. However, EBITA in...
Cementir posts higher sales in 1Q24
Cementir cement and clinker sales volumes equal to 2.4Mt increased by 2.3 per cent in the 1Q24 compared to the same period of 2023 thanks to the increase recorded in Turkey, whi...
Cementir Group launches D-Carb® for white cement
Cementir has launched a new Aalborg White Cement with a lower carbon footprint, D-Carb ® , which presents a 15 per cent reduction in CO 2 emissions when compared with CEM I 52.5...
Aalborg Portland reduces its CO2 emissions by more than 0.5Mta in 2 years
Aalborg Portland reported a reduction in its CO 2 emissions by 274,512t in 2023, representing a 13.9 per cent decrease compared to 2022, when 1,981,749t of CO 2 were emitted. Ov...