Vietnamese PM orders restructuring of construction materials sector
On June 15, Vietnamese Prime Minister, Pham Minh Chinh, ordered the restructuring of the construction materials industry in terms of organisation, finance and input materials. I...
Weekly Newsletter
4,275 posts · Page 83 of 428
PPC Africa predicts 20% YoY increase in earnings
PPC Africa has predicted a 20 per cent increase in earnings for the fiscal year ended 31 March 2024, driven by a strong performance by its Zimbabwe operations. According to The ...
Ambuja Cements acquires Penna Cement
Adani Group subsidiary Ambuja Cements has acquired Penna Cement Industries Ltd (PCIL) for INR104,220m (US$1274m). Following this latest acquisition Adani Cement 's production ca...
Adani Group sets US$3bn aside for multiple cement acquisitions
The Adani Group is planning several potential acquisitions within the cement sector. These include Hyderabad-based Penna Cement , Jaiprakash Associates’ cement business, Gujarat...
Adbri shareholders agree to CRH takeover
Shareholders in Australia-based Adbri have given the green light to the takeover bid by Ireland’s CRH . According to The Australian, almost 98 per cent of the votes cast at a me...
MPA responds to government proposals for a UK CBAM
Government proposals for a UK carbon border adjustment mechanism (CBAM) have been welcomed by the UK cement industry, but the Mineral Products Association (MPA) and UK Concrete ...
Robust cement sales growth for Indonesia in May
Cement sales in Indonesia amounted to 5.678Mt in May. This is an increase of 11.2 per cent YoY compared to the 5.008Mt reported a year earlier. Regional sales reported growth ac...
Rohrdorfer Zement awards Fives FCB clay calcination contract
Rohrdorfer Zement has awarded Fives FCB the EPC contract for the supply of a 50tpd clay calcination unit at the Rohrdorf plant in Bavaria, Germany. The integrated clay calcinati...
Ecocem appoints Ghizlane Ruf as chief of staff
Ireland-based Ecocem has announced the appointment of Ghizlane Ruf as its Chief of Staff. Ms Ruf will play a pivotal role in driving Ecocem’s growth by working with its senior e...
Heidelberg Materials ceases clinker production at Añorga
Heidelberg Materials will stop clinker production at its Añorga plant in Spain. The company will continue operating the plant as a grinding facility. The step will enable the co...