Ethiopia introduces new cement price regulation
Ethiopia has announced a new cement price regulation to tackle the rising cost of cement products in the country. According to the Ethiopian Ministry of Trade and Regional Integ...
Weekly Newsletter
4,275 posts · Page 137 of 428
Holcim closes sale of India business
Holcim has closed the sale of its business in India to the Adani Group. The deal includes Holcim’s stake in Ambuja Cement at a share price of INR385 (US$4.82) and in ACC at a sh...
PPC Group revenues rise 9%
PPC's group revenues, excluding Zimbabwe, for the five months ended August 2022, increased by nine per cent, driven by robust demand in Rwanda but impacted by hyperinflation acc...
CBB reports 74% drop in net profit
Chilean cement producer Cementos Bío-Bío (CBB) saw a 15.3 per cent increase in sales to CLP155,089m in the first half of 2022 when compared with the CLP134,538m reported for the...
August cement sales up 10% YoY in Saudi Arabia
Cement sales in Saudi Arabia advanced by 10 per cent YoY in August 2022, according to a report by brokerage house Aljazira Capital. Sales last month reached 4.38Mt marking a 19....
TITAN Cement Group launches CemAI
TITAN Cement Group has launched CemAI, Inc (CemAI), an affiliate company providing the next-generation predictive maintenance solution based on artificial intelligence for the c...
Mississippi Lime acquires Singleton Birch
Singleton Birch has been acquired by Mississippi Lime Co (MLC), one of the US’s oldest independent suppliers of lime products, for an undisclosed sum. Mississippi Lime Co, an HB...
Moroccan cement deliveries see 5% dip in August
Cement deliveries in Morocco declined 5.4 per cent to 1,071,990t in August 2022 when compared with August 2021, when 1,132,900t was dispatched, according to the country’s cement...
US cement demand up 7% in June
Portland and blended cement consumption in the USA and Puerto Rico increased seven per cent to 10.8Mt in June 2022, according to the US Geological Survey (USGS). A total of 36.7...
Argentina’s cement market expands 13% in August
Cement consumption in Argentina increased by 13.2 per cent YoY and seven per cent MoM to 1,226,646t in August 2022, according to the country’s cement association, AFCP. In Augus...