Les Ciments de Bizerte posts 59% drop in 1H revenue
Les Ciments de Bizerte announced disappointing results in 1H24. Revenues at the Tunisian cement producer declined by 59.3 per cent YoY to TND19.58m (US$6.45m) in the 1H24 from T...
Weekly Newsletter
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CRH announces new CEO
CRH has announced the appointment of Jim Mintern as the next chief executive officer, succeeding Albert Manifold who will retire at the end of the year. Mr Mintern is currently ...
Vietnam's cement market expands 10% in August
Cement sales in Vietnam increased 10 per cent YoY to 4,922,817t in August when compared with August 2024 and remained stable when compared with July 2024, when sales reached 4,9...
Ignites to supply green electricity to Akmenes Cementas
Smart energy solutions company Ignites will supply electricity generated by its wind farm in Mažeikiai to Akmenes Cementas , Lithuania. Ignites and Akmenes Cementas, which is ow...
Ramco Cements invests US$7m in 1Mta capacity upgrade
The Ramco Cements Ltd announced it has increased its cement capacity by nearly 1Mta following the debottlenecking of cement capacity at its Kalavatala plant in Andhra Pradesh, I...
CSN looks to buy InterCement's Loma Negra
InterCement Participações , the indirect controlling shareholder of the cement producer Loma Negra in Argentina, agreed to a new exclusivity period in favour of Companhia Siderú...
Indonesian cement market stable in August
Cement sales in Indonesia amounted to 6.117Mt in August. This is an increase of 0.1 per cent YoY compared to the 6.111Mt reported a year earlier. Regional sales remain a mixed b...
JK Cement plans to invest INR30bn in capacity expansion
India-based building materials manufacturer, JK Cement , has announced plans to invest INR30bn (US$358.4m) to increase its capacity by 25 per cent, from 24Mta to 30Mta by the en...
Latin American and Caribbean cement sector targets net zero by 2050
The Federacion Interamerica del Cemento (FICEM) has opened the doors to the annual 2024 Technical Congress, a three-day conference and exhibition, taking place in the historic c...
Sinoma Overseas to build Votorantim Z02 grinding plant
Sinoma Overseas has secured an engineering and supply contract for the Z02 cement grinding station project in Edealina Brazil, along with a technical cooperation framework agree...