Cementos Pacasmayo reports stable net profit in 1H24
Peru-based Cementos Pacasmayo SAA reported a 3.4 per cent uptick in income to PEN457.1m in the second quarter of 2024 from PEN442m in the 2Q23, supported by the sales mix as con...
Weekly Newsletter
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Heidelberg Materials to receives US$5m in funding from EPA
Heidelberg Materials North America is set to receive US$5m in funding from the US Environmental Protection Agency (EPA) for the development of a cloud-based tool that produces e...
UltraTech sees sales increase in 1QFY24-25
UltraTech Cement Ltd , part of Aditya Birla Group, has reported consolidated net sales of INR178,790m (US$2.14bn) in the first quarter of FY24-25 (ended 30 June 2024). This comp...
US cement sales rose in April
Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico amounted to 9.232Mt in April, up 5.9 per cent YoY from the 8.719Mt recorded in April...
Iran cement growing robustly despite a plethora of concerns
Iranian cement sales slipped in June versus the previous month to come in at 5.353Mt, down from 5.568Mt in May but were up a notable 24 per cent YoY from 4.78Mt in June 2023, ac...
Heidelberg Materials expands US offering
Heidelberg Materials has entered into a definitive purchase agreement to acquire Highway Materials Inc, one of the largest independent aggregates and asphalt producers in the Gr...
Adani Group targets Jaypee Group's cement assets
As lenders have initiated insolvency and bankruptcy proceedings against Jaiprakash Associates Ltd, the Adani Group is looking to acquire the Jaypee Group ’s cement assets, which...
St Marys Cement receives funding for emissions reduction
Canada’s Minister of Environment and Climate Change, Steven Guilbeault, has announced the reinvestment of up to CAD2.2m (US$1.6m) of recycled industrial pollution pricing revenu...
Cemex Philippines begins its integration with DMCI
DMCI Holdings Inc is gradually integrating its business with cement producer Cemex Holdings Philippines Inc , initially through the company’s power unit. In a stock exchange fil...
InterCement Participacoes SA files for Preliminary Injunction
InterCement Participações SA and its subsidiary, InterCement Brasil SA, and its subsidiaries in the Netherlands and Spain, and its controlling shareholder, Mover Participações S...