PPC reports 11% increase in revenue in FY22
PPC has reported group revenue for the 12 months ended 31 March 2022 of ZAR9882m (US$621.9m), an increase of 11 per cent YoY. Excluding Zimbabwe, group revenue was up five per c...
Weekly Newsletter
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US-Puerto Rican Portland and blended cement market contracts 5% in April
Shipments of Portland and blended cement (including imports) in the USA and Puerto Rico declined by 5.3 per cent YoY to 9.2Mt in April 2022, according to the US Geological Surve...
CEMBUREAU asks for speedy CBAM implementation
The European cement association CEMBUREAU has welcomed the adoption of the European Parliament reports on the EU Emission Trading Scheme (ETS) and the EU Carbon Border Adjustmen...
Negative sentiments spreading in freight markets
By Maria Vasyutenko, associate of Brannvoll ApS The USG Supramax/Ultramax spot freight market came under pressure amid increased tonnage supply in the area. Many vessels are bal...
Kesoram to boost cement capacity to 15Mta
Kesoram Industries Ltd, part of the B K Birla Group, announced that its plans to increase its cement production capacity to 15Mta from 11Mta. The expansion plan will take 3-4 ye...
DG Khan Cement to install solar power plant in Punjab
DG Khan Cement Co Ltd (DGKC) has informed Pakistan Stock Exchange (PSX) on 21 June that its has signed an agreement and established a Letter of credit with Reon Energy Ltd for t...
Boral cuts back operations as energy prices soar
Boral Ltd has cut back its operations due to a surge in energy prices in Australia, according to Reuters. The company has reportedly not only curtailed some areas of its product...
LafargeHolcim Spain to participate in Horizon 2020
LafargeHolcim Spain will participate in a new project "Horizon 2020” . The project will involve research into pyrolysis, which is a promising technology for recycling unsorted h...
Cementa wants climate-positive cement for National Transport Plan
Cementa has responded to the National Transport Plan of Sweden until 2033, recently announced by Tomas Eneroth, Minister of Infrastructure, arguing that new infrastructure shoul...
DG Khan set for US exports
Pakistan-based DG Khan Cement Co will be exporting 50,000t of cement to the USA for the first time. “A ship, Tomini Felicity, is presently loading cement at KPT in 1.5t jumbo ba...