FLSmidth preliminary and unaudited 2Q24 and 1H24 results
FLSmidth has announced preliminary and unaudited financial results for the 2Q24 and 1H24. Consolidated group revenue totalled DKK5bn (US$729.9m) in the 2Q24 and DKK9.8bn in the...
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Cementos Progreso emerges as a true regional player
While Cemex has divested its Caribbean assets in the Dominican Republic, one company has jumped on the opportunity to expand its presence in the region. Guatemala-based Cemento...
Argentina's cement market contracts 15% in July
Cement demand in Argentina fell 14.5 per cent YoY to 913,319t in July 2024 from 1,067,680t, according to the national cement association, AFCP. However, when compared with June...
Sumitomo Osaka Cement posts 1QFY24-25 results
Sumitomo Osaka Cement has shared consolidated financial results for the first quarter of the FY24-25. The company reported a revenue of JPY53.23bn (US$354.8m) for the quarter...
Antimonopoly committee conducts market test on CRH deal
On 1 August, the Antimonopoly Committee of Ukraine (AMCU) conducted a market test for the acquisition of two Buzzi cement plants by CRH . This test was the penultimate step on...
Senegal's cement consumption increases 6% in May
Senegal's cement market expanded by 5.6 per cent in May 2024 with domestic sales increasing to 708,600t from 670,700t in May 2023, according to Senegal's Planning and Economic ...
Sierra Club applauds Biden-Harris administration sustainable products labelling plan
The US Environmental Protection Agency has announced a plan for implementing a new labelling programme to help Federal purchasers and other buyers procure cleaner, more climate...
UltraTech receives 5-star ratings for 12 of its mines
A total of 12 of UltraTech Cement Ltd’s limestone mines have been rated five-star for FY22-23 by Indian Bureau of Mines. The awards were given out on 7 August 2024 in New Delhi...
Positive operational results boost Loma Negra 2Q24 net profit
Loma Negra , the leading cement producer in Argentina, has announced its results for the three-month period ending 30 June 2024. Net sales revenue for the period was ARS13...
Taiheiyo Cement's 1Q net profit jumps to JPY13.53bn
Japan-based Taiheiyo Cement Corp reported a 7.9 per cent increase in revenues to JPY208.85bn (US$1.43bn) in the quarter ending 30 June (1QFY24-25) from JPY193.54bn in the yea...
Deha Tech to build calcined clay plant in Tema
Deha Tech will undertake the construction and mechanical assembly of the world’s largest newly-built calcined clay facility with a production capacity of 1280tpd located in Tem...
Shree Cement posts 1Q results
India-based Shree Cement reported its 1QFY24-25 results on 6 August 2024, with the company’s revenue from operations declining by 4.7 per cent QoQ, from INR50.7bn (US$603.9...
Pakistan's cement industry grapples with local tax issues
Pakistan’s cement industry is grappling with local tax measures announced in the Federal Budget 2025 amid falling local demand and has sought the intervention of the federal go...
Mangalam Cement reports 16% net profit rise in 1QFY24-25
Mangalam Cement Ltd , part of the BK Birla Group of Companies , posted unaudited revenues of INR3805.73m (US$45.32m) in the f posted unaudited revenues of INR3805.73m (US$45....
Sarens completes heavy lifts at Kwinana plant
The expansion of the Cockburn Cement plant in Kwinana aims to reduce CO 2 emissions by 20 per cent through the installation of cutting-edge cement production technologies....
Taiwan may launch an investigation into Vietnamese cement imports
Taiwan has reported the potential launch of an anti-dumping investigation into the cement and clinker imported from Vietnam, according to the Trade Remedies Authority of Vietna...
Veolia increases solvent recovery capacity raising alternative fuel volumes
UK resource management company Veolia has expanded solvent recovery capacity at its facility in Garston, Liverpool, to 86,000tpa to meet the growing demand for more sustai...
"Norm" OJSC increases sales by 11% in 2023
"Norm" OJSC ’s audited financial results of 2023 saw sales income increased by 11 per cent YoY to AZN226m (US$132.9m), while total profit increased by 21.1 per cent to AZN109m...
Buzzi sees weak regional volume performance in 1H24
Buzzi Spa signalled that unfavourable weather conditions and falling sales contributed to regional performances being slightly down in the 2Q24, leading to lower cement volum...
Lafarge BFC Serbia to invest in eco-friendly cement plant
Lafarge BFC ( Serbia ), part of the Holcim Group , plans to open an eco-friendly cement plant in Obrenovac. The EUR110m (US$120.3m) plant will produce cement from the ashe...
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