LafargeHolcim to build first CC facility at Carboneras plant
LafargeHolcim will begin to build the first carbon capture facility at its Carboneras plant in Almería, Spain, at the end of the year. It will use British Carbon Clean technolog...
Weekly Newsletter
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Cementos Molins records net profits of EUR62m for 9M20
Cementos Molins has announced its 9M20 results, with net profits reaching EUR62m, 12 per cent less than the same period last year. In comparable terms of exchange rates and hype...
Al Jouf Cement sees surge in net profit for the 3Q20
Saudi Arabia’s Al Jouf Cement reported a 643.4 per cent YoY surge in net profit to SAR8.22m (US$2.19m) for the third quarter of 2020, compared to SAR1.1m in the corresponding pe...
Cemex sees net sales rise to 3% to US$3.436bn in 3Q20
Cemex SAB de CV has announced its 3Q20 results with net sales increasing by three per cent on a like -for-like (LfL) basis to US$3.436bn, while EBITDA rose by 15 per cent to US$...
Egypt sees demand rise 10% MoM
Egypt saw total cement sales decline 12.5 per cent YoY to 3.8Mt, including exports, in September, according to Daily News. However, this represents a 10 per cent increase MoM an...
BCPAR joint venture buys CRH's Brazilian assets
Companhia Nacional de Cimento (CNC), a wholly-owned subsidiary of BCPAR SA, company in which Buzzi Unicem holds 50 per cent of the share capital in a joint venture with Grupo Ri...
New US$435m project set for Oman
Oman’s Duqm International Cement Projects Co is preparing to launch the country’s biggest integrated cement plant project with an investment of US$435m, according to the Oman Ne...
Lucky Cement's Iraqi clinker plant set for December start-up
Lucky Cement Ltd of Pakistan has set a target date of 20 December 2020 for the start-up of its 1.2Mta greenfield clinker unit, in Samawah, Iraq. Lucky Cement 's Chairman, Muhamm...
UltraTech Cement records net sales of INR102.31bn in 2QFY21
UltraTech Cement Ltd (Aditya Birla group) announced earned consolidated net sales of INR102.31bn (US$1.389bn) in 2QFY21 compared to INR94.86bn in 2QFY20. Profit after tax was IN...
Spain's September demand advances but exports drop
Cement demand in Spain has declined by 11.6 per cent YoY to 9.858Mt at the end of the 3Q20, according to Oficemen, the country’s cement association. In September cement consumpt...