LafargeHolcim to invest CHF100m in Indian WHR projects
LafargeHolcim has announced a CHF100m (US$111.84m) investment in India for waste heat recovery systems. The investment will be completed across six sites over the next two years...
Weekly Newsletter
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Star Cement to invest INR4.5bn in new plant
India’s Star Cement has announced an INR4.5bn (US$61m) investment in Bengal through the construction of its new 2Mta grinding unit. It will be the company’s first facility in th...
Cementos Cosmos invests EUR4.4m in PV plant
Cementos Cosmos, part of Votorantim Cimentos, plans to install a 6.2MW photovoltaic facility at its plant in Toral de Vados, Spain. The facility will consist of 14,028 solar pan...
Two of Uzbekistan's cement plants suspend production
Uzbekistan’s Kuvasaycement and Akhangarantsement cement plants have suspended the production of cement due to a decrease in gas pressure, according to Trend News. The Antimonopo...
Colombian cement market expands 5% in October
Cement dispatches in Colombia increased 5.2 per cent YoY to 1.169Mt in October 2020 when compared with 1.111Mt delivered in October 2019, according to the national statistics ag...
HeidelbergCement to move Italcementi's research centre to Germany
HeidelbergCement, parent company of Italcementi, is planning to move the Bergamo research centre to Germany, according to reports in Italia Oggi. The step is part of the company...
YTL Corp posts 18% rise in revenue
Malaysia’s YTL Corp has posted an 18.2 per cent MoM increase in revenue to MYR4.2bn (US$1.03bn) for the third quarter of 2020, compared with MYR3.5bn in the 2Q20. Pre-tax profit...
Tokyo Cement (Lanka) announces expansion plans
Sri Lanka’s Tokyo Cement Co (Lanka) has recently entered into an investment agreement with the country’s Board of Investment for a plant expansion project. The company is expect...
CRH posts 2% rise in EBITDA for 9M20
CRH has reported a three per cent like-for-like (LfL) decrease in its sales to US$20.6bn for the nine-month period to the end of September 2020, maintaining the level of sales d...
Spanish cement demand drops 13% in October
Demand for cement in Spain has fallen 13.1 per cent YoY to 1,205,482t in October 2020, according to Oficemen. In the first 10 months of 2020, domestic consumption has decreased ...