Votorantim Cimentos to invest BRL5bn until 2028
Votorantim Cimentos announced BRL5bn (US$1bn) in investments, which BRL1.5bn (US$300m) are already in place, to expand the company's cement capacity by 10 per cent in the next f...
Weekly Newsletter
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Dalmia Bharat Ltd records INR2660m profit in 3QFY24
Dalmia Bharat Ltd reported profit after tax of INR2660m (US$32m) in the 3QFY23-24, up 22 per cent from INR2180m in the 3QFY22-23. Sales volume reached 6.8Mt in the 3QFY23-24. Th...
Petrofac wins CO2 capture role at Cauldon Cement plant
Petrofac’s consulting team, based in Woking, UK, is delivering several early engineering scopes, including feasibility and technology selection, that will identify opportunities...
Uzbek cement output up 3% in 11M23
Cement producers in Uzbekistan produced 11.1Mt of cement in the January-November 2023 period, according to the Statistics Agency of Uzbekistan. When compared with the previous y...
Dangote Cement attracts substantial investment
Dangote Cement has become the first company to be valued at NGN10trn (US$11.76bn) on the Nigerian stock market. The company’s share price advanced by 9.99 per cent on 22 January...
Concrete4Change technology gains recognition
UK-based startup Concrete4Change (C4C) has been nominated for The Earthshot Prize 2024, a global initiative spearheaded by the Prince of Wales to recognise and support innovativ...
UltraTech Cement records consolidated net sales of INR164bn
UltraTech Cement Ltd ( Aditya Birla Group ) has released its financial results for the quarter ended 31 December 2023, reporting consolidated net sales of INR164,870m (US$1.983b...
Decarbonised Cement and Concrete Alliance to accelerate low-carbon solutions
The Decarbonised Cement and Concrete Alliance (DC2) is a new US-based coalition dedicated to growing awareness around policies that will accelerate the adoption of novel carbon-...
Holcim Algeria exports see 7% uplift in 2023
Lafarge Algeria ( Holcim ) exported 3.4Mt of cement and clinker in 2023, up seven per cent from 3.2Mt in 2022. The company achieved an export market share of 30 per cent and inc...
Rugby Cement hosts UK Minister for energy efficiency
Lord Callanan, the UK Minister for Energy Efficiency and Green Finance, visited the Rugby cement works in Warwickshire on the 12 January to gain an insight into the actions need...