Weekly Newsletter

4,217 posts · Page 75 of 422

Bamburi Cement receives acquisition deal

Bamburi Cement receives acquisition deal

Amsons Group, Tanzania's leading manufacturing and energy giant, has offered to acquire a 100 per cent share in Bamburi Cement of Kenya in a proposed US$180m deal. The offer has...

Brazilian cement market expands 2% in June

Brazilian cement market expands 2% in June

Cement sales in Brazil increased by 2.4 per cent to 5.372Mt in June 2024 from 5.248Mt in June 2023, according to the country's cement association, SNIC. Per working day, cement ...

Swiss cement market contracts 8% in 2Q24

Swiss cement market contracts 8% in 2Q24

Cement deliveries in Switzerland declined eight per cent to 965,157t in the second quarter of 2024 from 1,049,481t in the 2Q23, according to cemsuisse. While market contraction ...

Cemex invests in KC8 Capture Technologies

Cemex invests in KC8 Capture Technologies

Cemex has announced its latest investment in the carbon capture start-up KC8 Capture Technologies (KC8) through its venture capital and open innovation unit, Cemex Ventures. The...

Kenyan cement demand drops 13% in 4M24

Kenyan cement demand drops 13% in 4M24

Cement consumption in Kenya fell 12.7 per cent YoY to 1,949,900t in the 4M24 from 2,234,200t in the 4M23, according to the Kenya National Bureau of Statistics (KNBS). The drop i...

Vietnam cement exports drop 10.8% in 1H24

Vietnam cement exports drop 10.8% in 1H24

Between 2019 and 2022, the average export value of cement and clinker ranged from US$1bn to US$1.3bn annually. However, in 2023, export earnings sharply declined due to falling ...

US considering carbon pricing for imports

US considering carbon pricing for imports

The US is looking to a potential carbon pricing system for goods and services imported into the country as part of a wider carbon policy. The step is a key policy shift as it lo...