Turkmenistan targets Russia's Tartarstan for cement exports
Following the start-up of two new 1Mta cement plants in Turkmenistan this year, the country's cement industry is now in a position to begin exports. The Lebap plant completed...
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Uzbekistan fines Shangfeng cement plant nearly US$400,000
The Competition Promotion and Consumer Protection Committee of Uzbekistan has found Shangfeng Bridge of Friendship cement plant guilty of engaging in anti-competitive practic...
Malayan Cement boosts YTL Corp's FY24 results
YTL Cop Bhd posted a net profit slipped to MYR534.48m in the fourth quarter ended 30 June 2024 (4Q24) compared with MYR548.03m in the previous corresponding period, while reven...
Republic Cement's ecoloop diverts residual waste to co-processing
Republic Cement 's resource recovery group ecoloop reported that it successfully diverted 21.4bn plastic sachets in 2023, equivalent to 110,000t of residual waste used, as alt...
Chinese to build greenfield plant in Kyrgyzstan
A cement plant and a small hydroelectric power station and a will be built in Tyup, Kyrgyzstan by Chinese investors, reports The office of the Presidential Envoy to Issyk-Kul r...
Fauji Cement Co earns its highest-ever profit in FY24
Fauji Cement Co Ltd posted its financial results for 4QFY24 and FY24 on the Pakistan Stock Exchange’s website on 27 August 2024. The company earned a profit after tax of PKR8...
Local dam to be unaffected by new cement plant
The Zimbabwe National Water Authority (ZIMWA) has needed to dispel concerns over the establishment of a new US$1bn cement plant in Magunje, Zimbabwe would pollute the nearby Ke...
UltraTech secures US$500m sustainably-linked financing for FY27 expansion goal
UltraTech Cement , India's leading cement manufacturer, has unveiled an ambitious plan to expand its production capacity to over 200Mta by FY27. This strateg...
Cemex Columbia sets water management standards for cement production
Cemex Columbia has announced that 90 per cent of the water that is required for cement production at its Santa Rosa plant is drawn from non-fresh water sources, setting a b...
Cimpor starts Kribi calcined clay plant
Cimpor has launched its new plant in Kribi , Cameroon. Equipped with a production line for calcined clay based on the entrained flow process (flash activation), developed an...
Taiwan Cement Corp increases its shareholding in battery company
Taiwan Cement Corp (TCC) has increased its valuation of battery storage and electric vehicle infrastructure solutions provider New Horizons Ahead (NHOA). TCC, trading as TCC...
Pakistan cement industry challenges ahead
According to IMS Research, the industry has shifted toward cost optimisation in the absence of strong growth prospects and rising energy costs. Companies plan to improve their ...
Pakistan's July exports have negative trend?
According to the Federal Bureau of Statistics (FBS), Pakistan’s cement industry has lesser cement and clinker exports in value and volume terms during the first month of the cu...
Titan's credit rating improves
Titan Cement International announces the upgrade of its long-term issuer credit rating by S&P Global Ratings by one notch from BB positive outlook to BB+ stable outlook, refle...
Africa is the golden ticket for Chinese cement producers
This week the South China Morning Post pointed out that Chinese cement companies are keen to explore further market opportunities for expansion in Africa's growing cement mark...
Adani Group holding company sells US$500m stake in Ambuja Cements Ltd
Holderind Investments, an Adani Group -owned company, is selling US$500m worth of shares in Ambuja Cements Ltd , according to a Reuters report released on 22 August 2024. ...
Heidelberg Materials brings slag cement further inland
Heidelberg Materials North America has delivered its first major Speed slag cement order to Indianapolis. The company has completed the conversion of its cement plant in Spe...
Cherat Cement reported an increase in profit by 25% in FY23-24
Cherat Cement Co Ltd of Pakistan has announced its financial results for the year ended 30 June 2024. It reported an increase in profit after tax to PKR5.49bn (US$) from PKR4...
Cemex to supply sustainable building materials for Mission Rock development
Cemex , the Mexico-based building materials giant, has announced that it has supplied more than 42,815m 3 (56,000yd 3 ) of its sustainable building materials for the initial ...
Supramax freight rates held at high levels, as demand/supply ratio balanced itself
By Brannvoll ApS, Denmark The USG Supramax spot freight market remained firm as demand stayed healthy, especially for transatlantic trips. Closer to the end of the month,...
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