CRH reports net income up 15% in 2024
CRH posted total revenues of USS$8.9bn in the fourth quarter of 2024, up two per cent YoY. The group's net income advanced by 24 per cent YoY to US$0.7bn in the 4Q24, resulting ...
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Star Cement proposes INR32bn plant in Assam
Star Cement Ltd has proposed the construction of a INR32bn (US$367.4m) integrated cement plant in Assam, India. The company signed a Memorandum of Understanding (MoU) of underst...
Holcim Mexico mitigates 1.7Mt of CO2 in 2024
Holcim Mexico reported a reduction of 1.7Mt of CO 2 in 2024 by delivering more sustainable building materials in the country’s housing and infrastructure construction market. Th...
Cemex considers selling Colombian operations
The cement industry in Colombia could be on the verge of a major shake-up with the possible exit of Cemex, as the company is reported to be exploring the sale of its operation i...
Heidelberg Materials reports stable financial performance in 2024
Heidelberg Materials has reported stable financial results for 2024, with group revenue amounting to EUR21.16bn (US$22.2bn), reflecting a marginal 0.1 per cent decline from the ...
EBRD provides EUR25m to Arabian Cement Co
The European Bank for Reconstruction and Development (EBRD) is providing up to EUR25m in financing to Arabian Cement Co , Egypt, according to the bank. The sum aims to support e...
Titan Group announces divestment of Adocim Cimento Beton shares
Titan Cement International SA has announced a definitive agreement to divest its 75 per cent share in Adocim Cimento Beton Sanayi ve Ticaret AS , comprising cement assets locate...
Adani Cement eyes acquisitions in South India
Adani Cement is conducting due diligence on at least two South India-based cement companies as part of its expansion strategy. The group remains interested in acquiring Jaypee C...
Dangote plans US$400m Ethiopian plant expansion and greenfield plant
Aliko Dangote has announced a US$400m plan to revive a second production line at the Mugher cement plant in Ethiopia, aiming to double the facility's capacity to 5Mta. “We are c...
Brazilian cement demand up 5% in January 2025
Cement consumption in Brazil saw a 5.4 per cent increase in January 2025 as SNIC, the country's cement association, reported domestic sales of 5.174Mt, compared with 4.911Mt in ...