Weekly Newsletter

4,217 posts · Page 115 of 422

Swiss market contracts by 10% in 1Q23

Swiss market contracts by 10% in 1Q23

Deliveries of cement in Switzerland, including Liechtenstein, were down 10 per cent YoY to 855,144t in the first quarter of 2023 from 950,556t, according to data published by ce...

Cemex considers exiting Phillipines

Cemex considers exiting Phillipines

Cemex is considering exiting the Philippines as part of its ongoing strategy to focus on markets with higher growth and lower risk. Cemex currently owns 89.86 per cent of Cemex ...

New cement plant for Afghanistan

New cement plant for Afghanistan

Afghanistan will increase its cement capacity with a new 1Mta cement plant, the Shur Andem cement project, located in Kandahar. The acting head of Kandahar’s Mines and Petroleum...

Bamburi Cement to open a new shale quarry

Bamburi Cement to open a new shale quarry

Kenya-based Bamburi Cement (part of Holcim )will be opening a new shale quarry in Kwale County to serve a new cement plant. The quarry is expected to supply around 20 per cent o...

Canacem-Mexico-FICEM 2030 roadmap launched

Canacem-Mexico-FICEM 2030 roadmap launched

At FICEM Hoja de Ruta 2023, the Canacem-Mexico-FICEM 2030 roadmap “Towards a Low Carbon Economy” was launched by Mexico's national cement chamber, CANACEM, in collaboration with...

Holcim to invest over US$2bn in CCUS

Holcim to invest over US$2bn in CCUS

Holcim plans to invest CHF2bn (US$2.187bn) by 2030 in carbon capture, utilisation and storage (CCUS) technologies to capture more than 5Mt of CO 2 each year. According to its se...

Spain's cement market contracts 7% in February

Spain's cement market contracts 7% in February

Cement consumption in Spain has fallen 7.1 per cent YoY to 1,175,290t in February, reports Oficemen. The association’s Managing Director, Aniceto Zaragoza, points that in Februa...

Buzzi Unicem Group net sales rise 16% in 2022

Buzzi Unicem Group net sales rise 16% in 2022

Buzzi Unicem 's group net sales rose to EUR3996m, up 16 per cent from EUR3446m in 2021. However, cement sales of 28.33Mt in 2022 marked a decline of 9.2 per cent from the 31.2Mt...

BBMG Corp posts 17% fall in revenue in 2022

BBMG Corp posts 17% fall in revenue in 2022

China’s BBMG Corp has posted a 16.8 per cent YoY decline in revenue in 2022 to CNY102,822.2m (US$14,938m). Net profit over the same period fell 66.6 per cent to CNY1739.9m, whil...

JK Cement boosts capacity by 2Mta

JK Cement boosts capacity by 2Mta

India's JK Cement has increased its cement production capacity by 2Mta. Its integrated Mangrol plant has expanded its capacity by 0.5Mta from 3.25Mta to 3.75Mta, while its integ...