Canada welcomes government CCUS commitment
The Cement Association of Canada (CAC) says it is pleased to support the measures and investments announced in the Federal Fall Economic Statement to advance the Carbon Capture ...
Weekly Newsletter
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Breedon posts 8% growth YoY in 10M23
Breedon Group has reported eight per cent growth in revenue YoY in the first 10 months of 2023, driven by robust pricing and operational excellence, that more than offset the ef...
Russian cement producers warn of escalating costs
Leading cement producers in Russia have warned domestic regulators of a 17-30 per cent rise in production costs next year, caused by continually increasing costs related to logi...
CEMEX Espana to consider next step after EUR456 tax fine
CEMEX has announced that its subsidiary, CEMEX España, will pay approximately EUR456m in fines as a result of a tax audit in Spain that commenced in July 2011 and covered the ye...
PPC reports 21% advance in revenue in 1HFY24
PPC has posted revenue of ZAR6172m (US$335.2m) in the 1HFY24 (ended 30 September 2023), up 20.9 per cent YoY. EBITDA advanced from ZAR728m in the 1HFY23 to ZAR1069m in the same ...
Shortlist of candidates for CIMA sale
Seven companies have been identified as potential purchasers of Cement Industries of Malaysia Bhd (CIMA), part of the UEM Group Bhd. According to The Edge Malaysia, of the seven...
Holcim exits Uganda and Tanzania
Holcim has signed agreements to divest its businesses in Uganda and Tanzania. It has agreed to sell Hima Cement Ltd , its local subsidiary in Uganda, to the Sarrai Group, for an...
JK Lakshmi Cement prepares for calcined clay cement production
JK Lakshmi Cement Ltd is poised to become the first cement company in India and across Asia to start commercial production of Portland calcined clay limestone Cement (IS 18189:2...
Sephaku Holdings' profit eroded by rising costs
Sephaku Holdings (Sephold) reported revenue of ZAR626.6m (US$33.44m) in the six months ended 30 September 2023, marking a 19.7 per cent YoY improvement. However, net profit afte...
Ghana shuts three cement companies
The Ghana Standards Authority has shut down three cement companies due to their use of inferior materials, reports the Daily Graphic. The three cement producers in question are ...