Bestway Cement posts 69% 1H net earnings growth
Bestway Cement Ltd announced its 1HFY24-25 (July-December 2024) results on the Pakistan Stock Exchange (PSX) website on 19 February 2025. The company’s net earnings were PKR1...
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INSEE Cement recognised for sustainability leadership at Green Building Awards
INSEE Cement has been honoured at the 13th Annual Green Building Awards, hosted by the Green Building Council of Sri Lanka, for its contributions to sustainability and innovati...
Maple Leaf Cement 1H net profit up 31%
Maple Leaf Cement Factory Ltd of Pakistan reported its 2QFY24-25 and 1HFY24-25 consolidated results, showing a 31.2 per cent increase in 1H net profit as net profit during th...
FLSmidth sees increased mining profitability in 2024
FLSmidth's cement order intake decreased by 22 per cent in 2024, reflecting recent divestments and continued pruning of the product portfolio. Cement adjusted EBITA margin reac...
Terra CO2 secures US$82m in Series B funding
Terra CO 2 Technologies Ltd, a US-based low-carbon building materials firm, has raised US$82m in Series B funding to accelerate the commercial deployment of its OPUS technolog...
Energy markets react to Trump tariffs – coal range bound, petcoke higher amid falling discounts
The first weeks after Trump’s inauguration were hectic. The US withdrawal from the Paris Agreement and promises of increased US oil production could lead to lower the oil price...
DG Khan Cement Co posts strong results in 1HFY24-25
DG Khan Cement Co Ltd (DGKC) announced its financial results for 1HFY24-25 on the Pakistan Stock Exchange website on 19 February. The company reported earnings of PKR3.523bn...
Mannok introduces Ultra White Cement
Ireland-based Mannok Cement are introducing Ultra White Cement, the first product manufactured and supplied by the company's new associate, Çimsa Çimento Sanayi Ve Ticaret A...
Titan Group announces divestment of Adocim Cimento Beton shares
Titan Cement International SA has announced a definitive agreement to divest its 75 per cent share in Adocim Cimento Beton Sanayi ve Ticaret AS , comprising cement assets loca...
Senegal cement deliveries contract 5% in December but stable in 2024
Cement sales in Senegal declined by 5.4 per cent to 603,400t in December 2024 from 638,100t in December 2023, according to data published by Senegal’s Planning and Economic Pol...
thyssenkrupp Polysius and SaltX sign LoI to collaborate
thyssenkrupp Polysius and SaltX have signed a Letter of Intent (LoI) to jointly develop the next generation of fully electrified production facilities. This partnership aims to...
Adani Cement eyes acquisitions in South India
Adani Cement is conducting due diligence on at least two South India-based cement companies as part of its expansion strategy. The group remains interested in acquiring Jayp...
Morocco sees 14% growth in January cement deliveries
Cement deliveries by APC members Asment Témara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc in Morocco increased by 13.8 per cent YoY to 1,285,613t in...
Dangote plans US$400m Ethiopian plant expansion and greenfield plant
Aliko Dangote has announced a US$400m plan to revive a second production line at the Mugher cement plant in Ethiopia, aiming to double the facility's capacity to 5Mta. ...
Taiwan to propose carbon border tariff bill in 2H24
Taiwan's Minister of Environment, Peng Chi-ming, has announced that a carbon border adjustment mechanism (CBAM) bill could be formulated in the second half of 2024, aligning wi...
Lagos State partners with Lafarge Africa on waste-to-energy initiative
The Lagos State Government has signed a Memorandum of Understanding (MoU) with Lafarge Africa Plc for the collection of non-recyclable combustible waste across the state and ...
Brazilian cement demand up 5% in January 2025
Cement consumption in Brazil saw a 5.4 per cent increase in January 2025 as SNIC, the country's cement association, reported domestic sales of 5.174Mt, compared with 4.911Mt in...
Tarmac installs new clinker storage
Tarmac has acted to install extra storage for clinker at its Tunstead Quarry, UK. The lack of dry storage for the clinker produced at Tunstead ( CRH Group ) was already inc...
Holcim Austria CEO highlights urgent need for CO2 storage approval
Holcim Austria ’s CEO, Haimo Primas, has called for the lifting of the country’s CO 2 storage ban, arguing that for the cement industry carbon capture and storage is the most...
Cementos Pacasmayo sees improved 4Q net income
Peru-based Cementos Pacasmayo reported an uptick in of 2.6 per cent in sales volumes of cement, concrete and precast in the fourth quarter of 2024, supported by improved bagged...
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