Tarmac participates in UK's Cement 2 Zero project
Cement 2 Zero (C2Z), a UK-based demonstrator project to trial the world’s first zero-emissions cement on an industrial scale, was officially launched this week having successful...
Weekly Newsletter
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US production and consumption increased in 2022
The US produced an estimated 95Mt of Portland and masonry cement in 2022, according to the US Geological Survey (USGS), up from 93Mt in the previous year. Cement was produced at...
Mitchell cement plant receives US$8.9m for carbon storage project
Heidelberg Materials North America is to receive approximately US$8.9m in funding from the US Department of Energy’s (DOE) Carbon Storage Assurance Facility Enterprise (CarbonSA...
Ambuja Cements reports 11% QoQ revenue rise
Ambuja Cements Ltd , part of the Adani Group , has reported an 11 per cent QoQ increase in revenue in the quarter ended 31 December 2022. Net revenue for the three-month period ...
PPC in talks to sell Zimbabwe business
PPC Ltd is reportedly in talks to sell its Zimbabwe business. According to Bloomberg, discussions are at an early stage and no potential buyers have been named as yet. PPC is be...
Dangote announces new 6Mta Nigerian plant
Dangote Industries Ltd is building a new integrated 6Mta cement plant in Itori, Ogun state, Nigeria. According to press reports, the plant will be supplied by Sinoma Internation...
ACC Ltd posts 14% rise in revenue
ACC Ltd has reported a 14 per cent increase in revenue to INR45,370m (US$554.7m) in the quarter ended 31 December 2022, up from INR42,260m in the same period a year earlier. EBI...
GCC reports 7% EBITDA increase in 2022
Grupo Cementos de Chihuahua (GCC) reported net sales of US$289.7m in the October-December 2022 period, representing an increase of 12.3 per cent when compared with the 4Q21, acc...
Lucky Cement increases profit by 23% in 1HFY21-22
Pakistan cement producer Lucky Cement Ltd has announced its financial results for the half-year ending 31 December 2022. It reported a profit after tax of PKR7.128bn (US$27.4m) ...
US Portland and blended cement shipments up 4% in 11M22
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico slipped to 9.3Mt in November 2022 when compared with November 2021, according to th...