Weekly Newsletter

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Holcim records 1Q22 net sales growth of 20%

Holcim records 1Q22 net sales growth of 20%

Holcim announced net sales amounted to CHF6440m (US$6.72bn) in the 1Q22, up 20.1 per cent from CHF5362m recorded in the 1Q21. The company achieved double-digit net sales growth ...

Serbian cement industry faces fuel challenge

Serbian cement industry faces fuel challenge

Serbia’s cement industry is being considerably impacted by the Russia-Ukraine war as the sector depends on high-calorie coal imports from both Russia and Ukraine for more than 5...

Peruvian cement market expands 8% in March

Peruvian cement market expands 8% in March

Cement dispatches in Peru increased eight per cent YoY to 1.173Mt in March 2022, according to the country’s cement association, Asocem. In March 2021 dispatches were at a level ...

UltraTech acquires 29% stake in RAK White Cement

UltraTech acquires 29% stake in RAK White Cement

UltraTech Cement Middle East Investments , part of UltraTech Cement in UAE, has invested US$101m to acquire a 29.39 per cent stake in RAK Cement Co for White Cement and Construc...