Peru's cement market expands 14% YoY in September
Cement dispatches in Peru advanced 14 per cent YoY and three per cent MoM to 1.238Mt in September, according to Asocem, the country’s cement association. Of this total, Asocem m...
Weekly Newsletter
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ACC reports 6% rise in EBITDA for the 3Q21
India’s ACC has reported a 6.1 per cent YoY rise in EBITDA to INR7.12bn (US$95.03m) in the third quarter of 2021, compared to INR6.71bn in the year-ago period. Profit after tax ...
UltraTech Cement records net sales of INR117,430m 2QFY22
UltraTech Cement Ltd, an Aditya Birla group company, announced its financial results for the quarter ended 30 September 2021. Consolidated net sales was INR117,430m (US$1558m) c...
Ecocem opens low-carbon technology centre
Ecocem has opened a low-carbon R&D centre in Paris, France, to accelerate the development of low-carbon solutions that will support cement and construction industries to decarbo...
Votorantim Cimentos completes Cementos Balboa acquisition
Brazil-based Votorantim Cimentos, through its Spanish subsidiary Corporación Noroeste, has announced the acquisition of Cementos Balboa. Cementos Balboa has a modern integrated ...
CEMBUREAU discusses Europe's future for cement
C EMBUREAU held its 'Cementing Europe's future: Action through policy' webinar on 12 October 2021 . Two panel discussions looked at whether the cement industry was Fit for 55 pe...
The PCA releases its Roadmap to Carbon Neutrality
The Portland Cement Association (PCA) has announced its Roadmap to Carbon Neutrality, an ambitious journey to carbon neutrality across the cement and concrete value chain by 205...
Dry bulk freight rates continue to soar
On 7 October 2021, the Baltic Dry Index, a global indicator of bulk freight rates, reached 5670, marking its highest level since September 2008. This compares to just 393 in mid...
Shree Cement orders equipment for new greenfield project
India’s Shree Cement has contracted FLSmidth for a new greenfield project, including the world’s largest Cross-Bar ® Cooler, an OK TM cement mill and JETFLEX ® Burner. The new l...
Cemex USA upgrades terminals in Florida
Cemex USA has invested US$8m to improve two cement terminals in Florida, which has enhanced its supply chain network to meet increased cement demand in the region. The company u...