CEMEX records 41% fall in European CO2 emissions
CEMEX achieved a milestone 41 per cent reduction in the CO 2 emissions generated by its European cement business in 2022. A fifth of the total reduction attained since 1990 happ...
Weekly Newsletter
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Taiwan Cement fined for price fixing
Taiwan Cement Corp (TCC) is one of 18 firms fined a combined TWD213m (US$7m) for forming a ready-mixed concrete (RMC) price-fixing cartel, accord to Taipei Times. Since 2018 the...
Vietnam cement market expands 8% in 2022
Cement sales in Vietnam declined nine per cent YoY and seven per cent MoM to 5.694Mt in December 2022, according to the country’s cement association, VNCA. Of this total VICEM c...
Bestway Cement completes Punjab brownfield line
General Counsel and Company Secretary of Bestway Cement Ltd (BWCL), Hassan Niazi, informed Pakistan Stock Exchange (PSX) that the company has completed the construction and inst...
CCI gives green light to Dalmia acquisition of JAL
The Competition Commission of India ( CCI ) has approved an INR56,660m (US$685.7m) deal related to Dalmia Cement ’s acquisition of cement, clinker and power plants of Jaiprakash...
Cementos Pacasmayo reports 15% increase in 2022 net income
Peru-based Cementos Pacasmayo saw its revenues increase by 1.7 per cent YoY to PEN533.8m (US$138.8m) in the fourth quarter of 2022, mainly due to an increase in average prices o...
HeidelbergCement India sees profit slump in December 2022 quarter
HeidelbergCement India has reported total income of INR5506.7m (US$66.6m) in the quarter ended 31 December 2022, up from INR5170.6m in the previous quarter but down slightly on ...
Brazilian cement sales up 7% in January
Sales of cement in the Brazilian market increased by 6.8 per cent to 4.829Mt in January 2023 from 4.52Mt in January 2022 and by 8.1 per cent MoM from 4.467Mt, according to the c...
Holcim launches calcined clay cement line in Europe
Holcim has launched a calcined clay cement operation in its Saint-Pierre-la-Cour plant in France to deliver ECOPlanet green cement with 50 per cent lower CO 2 footprint compared...
Cementir reports 27% revenue rise in 2022
Cementir reported consolidated 2022 group r evenue at the record level of EUR1720.9m (US$1851.4m), up by 26.5 per cent compared to EUR1360m in 2021. EBITDA reached the record le...