India's CMA welcomes Interim Budget 2024-25
India’s cement producers have applauded the country’s government for its sustained focus on infrastructure development in its latest Interim Budget 2024-25. Under the budget pla...
Weekly Newsletter
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Misr Cement appoint new CEO and MD
Mr Hassan Gabry has been appointed the new CEO, managing director and member of the Board of Directors at Misr Cement Group , effective from February 2024. Mr Gabry brings over ...
Monarch Cement embarks on groundbreaking solar project
US-based Monarch Cement Co and Evergy Energy Solutions are collaborating on a groundbreaking solar project that is expected to serve as a model for the cement industry’s use of ...
Taiwan Cement Corporation awards oxyfuel project to thyssenkrupp polysius
Taiwan Cement Corp (TCC), Taipei, and thyssenkrupp Polysius, via its regional headquarter Asia-Pacific office agreed to construct and commission a separate oxyfuel calciner at t...
China Cement Association and GCCA sign low-carbon future agreement
The two leading representative bodies of the global cement industry have signed a milestone agreement to help accelerate decarbonisation of the sector across the world. China Ce...
Eagle Materials reports record revenue in 3QFY23-24
US-based Eagle Materials has reported record revenue of US$558.8m in the third quarter of FY23-24 (3QFY24), ended 31 December 2023, marking a nine per cent increase YoY. The res...
CNBM profit to fall 65% in 2023
China National Building Materials (CNBM) has issued a profit warning for 2023, reports MarketScreener. According to the company, unaudited profit attributable to the equity hold...
Heidelberg Materials ends clinker production at Hanover
Heidelberg Materials has announced that it is shutting down clinker production at its Hanover cement plant in the second half of 2024. Going forward, the company will instead fo...
Holcim to list North America business in the US
Holcim has announced its intention to list its North American business in the US with a full capital market separation. According to the company, this process will create the le...
PPC concludes 51% CIMERWA stake disposal
PPC has concluded the sale of its 51 per cent stake in CIMERWA , Rwanda. The South Africa-based cement producer sold its shareholding for US$42.5m to National Cement Holding Ltd...