JSW Cement invests US$360m in new plant
JSW Cement is planning to build a new cement plant in Rajasthan, giving the company access to India’s northern markets. The proposed facility will have a cement capacity of up t...
Weekly Newsletter
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Buzzi to increase stake in Cement Nacional to 100%
Italy-based Buzzi SpA said it will increase its stake in Brazilian cement producer Cimento Nacional (NCPAR) to 100 per cent from the current 50 per cent as its joint venture par...
Cementos Molins unveils new corporate identity
Cementos Molins has unveiled its new corporate identity with the new brand consolidating the company's various existing commercial brands in Spain under a single identity. Align...
Holcim breaks ground on GO4ZERO plant
Holcim has broken ground on its state-of-the-art GO4ZERO plant in Obourg , Belgium. The plant, which marks an investment of more than EUR500m, is expected to produce 2Mta of net...
Votorantim Cimentos improves 1Q margins
Votorantim Cimentos ended the 1Q24 with better margins due to higher sales volume and lower costs. The company’s global cement sales totalled 8.1Mt, up one per cent YoY compared...
FLSmidth reports 55% increase in 1Q EBITA
FLSmidth posted a 1Q24 total revenue of DKK4839m, down 19.6 per cent YoY from DKK6016m. Total order intake was down 6.8 per cent YoY to DKK5248m from DKK5632m. However, EBITA in...
Saudi cement sales up 13% YoY in April
Saudi Arabian cement sales increased by 12.5 per cent YoY in April 2024 but fell 18.4 per cent compared to the previous month. According to Aljazira Capital, domestic cement dis...
Titan America to be listed in US equity market
Titan Cement International has announced its intention to proceed with the IPO of its US business ( Titan America ), with the aim of raising funds that will facilitate the group...
Cementir's 1Q24 regional market update
Cementir's results for the 1Q24 were overall in line with management's expectations despite the decline in revenues and EBITDA compared to the first quarter of the previous year...
CRH continues to invest in Ukraine
CRH has invested a total of US$80m in Ukraine since the start of the Russia-Ukraine conflict, according to Guillaume Cavalier, president of CRH in Central and Eastern Europe. Th...