CRH announces group 3Q24 revenues of US$10.5bn
CRH announced total revenues for the group of US$10.5bn (3Q23: US$10.1bn) in the 3Q24 were four per cent ahead, while organic total revenues were one per cent behind the corr...
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Puerto Rico’s cement market expands 15% in October
Puerto Rican cement sales saw 15.2 per cent growth to 1.4m bags of 94lb, to 59,693t in October, according to data published by the Economic Development Bank (BDE). The October ...
Paraguay’s INC on track to achieve 11m bag production goal
Paraguay’s cement industry produced 1,070,000 bags of cement in October 2024, according to Gerardo Guerrero, president of state-owned cement producer INC . The company sold 1,...
Ciments de Bizerte sees 66% drop in 9M revenues
Ciments de Bizerte reported a 77.4 per cent YoY drop in turnover to TND5.271m (US$1.69m) in the 3Q24. The fall has been attributed to the suspension of clinker production ...
Sinai Cement returns 9M profit
Egypt-based Sinai Cement Co , part of Vicat Group , reported net sales of EGP4.44bn (USS$90.19m) in the January-September 2024 period from EGP3.225bn in the year-ago period. ...
Riyadh Cement Co significantly improves 3Q results
Riyadh Cement Co reported sales of SAR203.01m (US$54.1m), up 59.7 per cent YoY, in the third quarter of 2024 (ended 30 September 2024). In the 3Q23 the company saw sales of S...
ABB white paper identifies electrification and CCUS as key decarbonising pathways
ABB has launched a new white paper, detailing the challenges the global cement industry must tackle to decarbonise operations in line with global emissions reduction targets an...
Pakistan International Bulk Terminal Ltd 1QFY24-25 and FY23-24 review
The directors of Pakistan International Bulk Terminal Ltd (PIBT) presented the financial statements for 30 September 2024, a copy of which was recently reported to the Pakistan...
BBMG Corp posts 34% rise in 3Q revenue
China-based BBMG Corp reported an operating revenue of CNY31,474.1m (US$4430.8m) in the July-September 2024 (3Q24) period, up 34.2 per cent YoY. The company’s net profit att...
Maple Leaf Cement is advancing to acquire a fertiliser plant in Pakistan
Maple Leaf Cement Factory Ltd (MLCF) updated the Pakistan Stock Exchange (PSX) on 7 November about the hostile takeover of a fertiliser plant in Pakistan. A piece of mater...
Co-processing study analyses mineral recovery of waste-derived fuel
The Instituto Español del Cemento y sus Aplicaciones (IECA), the Universidad Politécnica de Madrid (ETS of Mining and Energy Engineers) and LOEMCO (Official Laboratory for the ...
Bamburi Cement is being fiercely fought over
Holcim's divestments in East Africa are resulting in a scramble to win shareholder approval for a successful bid to acquire its Kenyan subsidiary Bamburi Cement. Amsons Group a...
Cementir reports 9M24 cement and clinker volumes of 8Mt
Cementir Holding reports that in the first 9M24, cement and clinker sales volumes, equal to 8Mt, increased by 0.6 per cent compared to the same period of 2023, thanks to th...
Titan Cement International SA sees growth in sales and profit in 9M24 results
Titan Cement International SA , the Greece-based building materials giant, has released its nine-month results for 2024, reporting a 4.9 per cent increase in group sales to EU...
Holcim's Alpena plant raises environmental concerns
A Free Press review of Michigan Department of Environment Great Lakes and Energy (EGLE) records showed Holcim ’s Alpena plant (Michigan, USA) has received more than 20 air p...
Raysut Cement expands production capacity to align with Oman Vision 2040
Raysut Cement is expanding its production capacity to support Oman Vision 2040 and meet increasing regional demands. The Sohar Cement Factory, capable of producing 5000tpd,...
UltraTech Cement partners with UCLA on zero carbon lime Technology Pilot
UltraTech Cement Ltd , India’s largest cement and ready-mix concrete (RMC) producer, has signed an agreement with the Institute for Carbon Management (ICM) at UCLA to pilot th...
More cement firms on MSCI indexes
According to Topline Pakistan Research, a few Pakistan stocks, including cement, will likely be added to the MSCI indexes. The analyst adds that MSCI is scheduled to announce i...
Buzzi reports 6.4% decline in cement sales for 9M24
Buzzi SpA has announced that cement and clinker sales of the group, in the first nine months of 2024, declined to 18.8Mt (2023: 20.1Mt), a drop of 6.4 per cent. Ready-mix con...
The 9th International VDZ Congress opens
Christian Knell, president of the German Cement Works Association (VDZ), officially opened the 9 th International VDZ Congress with over 600 participants in Düsseldorf and cal...
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