Weekly Newsletter

4,217 posts · Page 49 of 422

GCC posts 17% drop in 1Q net income

GCC posts 17% drop in 1Q net income

GCC reported a 9.6 per cent YoY drop in consolidated net sales to US$246.5m in the 1Q25 from US$272.8m in the 1Q24. In the USA sales, which account for 68 per cent of total sale...

Cement demand recovering in Vietnam

Cement demand recovering in Vietnam

Cement dispatches in Vietnam increased by 22 per cent YoY to 7.828Mt in March 2025, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM delivered 2...

Bahrain announces stricter new cement standards

Bahrain announces stricter new cement standards

The government of Bahrain has announced tougher new standards for locally-produced and imported cement as it tightens control over the industry to raise the standard of construc...

Buzzi increases tender offer to Gulf Cement Co

Buzzi increases tender offer to Gulf Cement Co

After the offer document submitted on 13 March 2025 for TC Mena Holdings Ltd, a subsidiary of Buzzi SpA , to acquire a 37.6 per cent share of the capital in Gulf Cement Co PSC o...

Sinoma Cement acquires stake in Jbel Oust

Sinoma Cement acquires stake in Jbel Oust

On 15 April an official ceremony was held at the Jbel Oust cement plant in Zaghouan governorate, Tunisia, to mark the US$140m purchase of the Votorantim Ciment stake in the plan...

Ghana commissions 'world's largest' LC3 plant

Ghana commissions 'world's largest' LC3 plant

Ghana has taken a major step towards cement self-sufficiency with the commissioning of a US$100m facility in the port city of Tema, described as the world’s largest limestone ca...

Shur Andem Cement plant nears completion

Shur Andem Cement plant nears completion

The Shur Andem Cement plant, currently under construction in the Kandahar Industrial Park, is nearing completion. Construction of the factory began about two years ago. Accordin...