Cementir reported 1Q22 EBITDA of EUR60.7m
Cementir 's EBITDA amounted to EUR60.7m in the 1Q22, an increase of 26.2 per cent compared to EUR48.1m in the 1Q21, following better results achieved to varying degrees in almos...
Weekly Newsletter
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UK cement and lime producers excluded from compensation scheme
The Mineral Products Association (MPA) has expressed disappointment that UK cement and lime producers have been excluded from the government’s compensation scheme for climate ch...
Caribbean Cement posts flat 1Q profit
Caribbean Cement Co Ltd in Jamaica has reported a flat profit for its 1Q22 but views the future with optimism. In the January-March 2022 quarter, Caribbean Cement saw a profit o...
Martin Marietta sees record revenue in 1Q22
Martin Marietta’s building materials business has reported record 1Q22 products and services revenues of US$1077m, up 25.7 per cent YoY. According to the company, across all end...
Adbri announces new net zero targets
Adbri Ltd has released its Net Zero Emissions Roadmap for 2050, outlining three new medium-term 2030 emissions reduction targets for cement, lime and electricity. The roadmap bu...
PPC Cement Zimbabwe announces solar investment
PPC Cement Zimbabwe has announced a US$40m solar power investment for its Bulawayo and Colleen Bawn plants to support the company’s energy requirements and help reduce gas suppl...
CalPortland converts Mojave plant to PLC production
CalPortland has announced the conversion of its Mojave cement plant, USA, to ADVANCEMENT™ HS, a blended portland limestone cement. The plant, located in southern California prod...
Energy complex awaits impact of sanctions on Russia
By Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report , the energy complex remains in range, awaiting the impact of sanctions on Russia. Oil is dow...
Cementos Molins records a net profit of EUR22m in 1Q22
Cementos Molins released its results for the 1Q22, a period highlighted by strong energy, logistic, and raw material cost inflation that started by mid-2021. In the first three ...
GCC sees 16% rise in 1Q net sales
GCC reported an 15.7 per cent advance in consolidated net sales to US$206.9m in the first quarter of 2022 when compared with the equivalent period of 2021. Operating income in t...