CNBM reports 10% YoY revenue drop
CNBM has reported revenue of CNY210.2bn (US$29.1bn) in 2023, down 10.1 per cent on the previous year. This was primarily attributed to a fall in the group’s basic building mater...
Weekly Newsletter
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Capex falls behind targets for PPC
PPC has announced that its capital expenditure fell behind targets for the period ending March 2024. This was due to a delay in the company’s fly ash project in Zimbabwe, which ...
Rebuilding boosted Turkey cement in 2023 and expected to be key driver in 2024
Domestic cement sales in Turkey came in at 5.602Mt in December 2023, down 5.5 per cent MoM and 14.9 per cent YoY, according to Turkey’s cement manufacturers association, Türkçim...
Power Cement debuts export to the USA
Power Cement Ltd has dispatched its first shipment to the USA. This shipment follows the start of exports to the Europe. On 27 December 2023, Power Cement marked a significant m...
Buzzi SpA reports consolidated cement sales of 26Mt in 2023
In 2023 Buzzi SpA reported consolidated cement sales of 26.343Mt, down seven per cent compared to 2022. The generalised slowdown in deliveries, which has been already highlighte...
East African Portland Cement begins second phase of Athi River upgrade
East African Portland Cement (EAPC) has commenced the second phase of its upgrading programme at its Athi River plant. The programme, which will involve a 25-day maintenance shu...
Ecocem announces plans to expand production in The Netherlands
Ecocem agrees deal with Overslagbedrijf Moerdijk to expand production and storage capacity in The Netherlands (© Ecocem) Europe’s leading provider of low-carbon cement technolog...
Caribbean Cement's expansion underway
Phase one of Caribbean Cement Co Ltd ’s (CCCL’s) expansion project is well underway in Jamaica. It is anticipated that when the Rockfort plant 's expansion is completed, Caribbe...
US pledges US$1.2bn in funding for PCA decarbonisation projects
The US Energy Department has announced more than US$1.2bn in federal funding for four decarbonisation projects in the US cement industry. In total, the energy department has ple...
Heidelberg Materials and UK Government plan Padeswood carbon capture principles
Minister for Energy Efficiency and Green Finance Lord Callanan visits Heidelberg Materials’ Padeswood cement works Heidelberg Materials has signed a statement of principles with...