Mitsubishi UBE Cement invests US$5m in MCi Carbon
Mitsubishi UBE Cement Corp (MUCC) has invested US$5m in Australia-based clean tech company MCi Carbon, the fourth Japanese company to support MCi Carbon, after ITOCHU Corp, M...
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Bangladesh's cement industry earns US$7.71m in 7MFY24-25
Bangladesh experienced a 27.3 per cent YoY drop in cement export revenue to US$7.71m in the 7MFY24-25 (July 2024-January 2025) from US$10.61m in the same corresponding months o...
Northern Cement Co reports 41% drop in net income in 2024
Jordan-based Northern Cement Co reported a revenue of JOD48.9m (US$68.97m) in 2024, down 16 per cent when compared with JOD58.21m in 2023. The company’s net income fell b...
SCG posts strong Vietnam results driven by non-cement sector
Siam Cement Group (SCG) , Thailand’s leading industrial conglomerate, announced its business performance in Vietnam for the year 2024, posting a record revenue of VND35.14trn ...
ADOCEM concerned about RDF use reform
The Dominican Association of Portland Cement Producers, ADOCEM, voiced its concern about reforms to Law 225-20, currently under debate in the country’s Chamber of Deputies. ...
Alpacem completes Fanna plant acquisition
Alpacem GmbH has acquired the Fanna cement plant in the Pordenone district, Friuli-Venezia Giulia along with other concrete mixing plants in the region from Buzzi SpA, effectiv...
ACC plant fails environmental compliance report
A joint committee of National Green Tribunal (NGT) has reported environmental compliance lapses at Adani Group ’s ACC Ltd Barmana cement Works (Gagal), Himachal Pradesh, I...
Tajikistan sees 2% drop in cement production
Tajikistan produced 4.35Mt of cement in 20024, down 2.3 per cent from 4.454Mt in 2023, according to the Ministry of Industry and New Technologies. Officials at the ministry at...
China's housing slump sees cement directed at overseas construction
This week, CemNet reported that China's cement demand fell eight per cent YoY in 2024 to 1858.9Mt. Capacity utilisation has slipped to 50 per cent, while cement production in t...
Cemex reports EBITDA of US$3079m in 2024
Cemex reported its 4Q24 and full-year 2024 results and saw an annual EBITDA of US$3079m and a net income of US$939m. After an exceptional year in 2023, the company continues ...
Vietnam exports 7Mt of cement to Philippines in 2024
Vietnam's total cement export in 2024 reached 20.288Mt in 2024, according to data by the Vietnam National Cement Association (VNCA). The country's cement producers shipped thei...
Sumitomo Osaka Cement and Fortera to build low-carbon cement plant
Sumitomo Corp's Representative Director, President and Chief Executive Officer, Shingo Ueno, has signed a memorandum of understanding (MoU) with Arelac Inc and Fortera, a compa...
UltraTech Cement commissions new grinding capacity
UltraTech Cement has commissioned an additional 0.6Mta grinding capacity at its existing unit situated at Sonar Bangla , West Bengal, India. This additional capacity will...
Three Pakistan cement firms likely to be added to the MSCI Index
According to a research report by AHL Research, three additional cement companies in Pakistan are expected to be included in the MSCI Frontier Markets (FM) Index. This additio...
Trinidad cement prices to rise in February
Cement bag prices in Trinidad are set to increase by seven per cent from 17 February – almost a year to the day since it was last increased. The increase in the price of bulk c...
Dangote Chairman claims Nigerian government thrives on profitable private sector
The Chairman of Dangote Group , Aliko Dangote, has said the government is taking 52 per cent of its income from his company, Dangote Cement Plc. He cites the substantial priva...
Indonesian cement industry urge government to further limit new capacity
Indonesia's cement producers have called upon the government to tighten its moratorium on the building of new cement plants in the country. Indonesian Cement Association (A...
Materials Processing Institute opens GBP1m Sustainable Cement and Concrete Centre
The Materials Processing Institute (MPI) has announced the launch of its GBP1m Sustainable Cement and Concrete Centre (SCCC), designed to support the construction sector’s deca...
Petcoke reduces its discount to coal
Coal remained in the lower end of the US$105-125 range amid good supply. However, an expected increase of supply from the US following the regime change is driving the oil pric...
PCA responds to proposed US tariffs on Canadian and Mexican cement
The Portland Cement Association (PCA), representing US cement manufacturers, has expressed concern over the Trump Administration’s proposed 25 per cent tariffs on cement import...
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