Buzzi SpA reports net profit fall of 2% in 1H24
Buzzi SpA has reported a 4.5 per cent drop in net sales to EUR2054m in the 1H24 when compared with net sales of EUR2150m in the 1H23. Cement and clinker sales fell by eight p...
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Ambuja lays foundation stone at new Bihar grinding facility
Ambuja Cement Ltd , part of Adani Cements , has announced a cement grinding unit in Bihar, investing INR16bn (US$190.8m). Bihar Chief Minister, Nitish Kumar, laid the foundat...
Eastern Province Cement sees 20% rise in 1H net profit
Saudi cement producer Eastern Province Cement Co posted a sales revenue of SAR585m (US$156m) in the first six months of 2024, representing a 29.1 per cent increase from SAR45...
Cemex exits Dominican Republic market
Cemex has signed a US$950m agreement for the sale of its operations in the Dominican Republic. The transaction includes an export businesses to Haiti. The agreement has be...
Mannok improves ESG data collection
Mannok in UK and Ireland has installed SustainIQ to enhance its sustainability efforts and to streamline its environmental social governance (ESG) reporting. The installat...
Kunda sees 6% drop in revenue in 2023
Heidelberg Materials Kunda AS 's sales revenue declined by 6.1 per cent YoY to EUR37.8m in 2023. The majority of this revenue, or EUR35.5m, was generated in Estonia with small...
Punjab increases limestone royalty rate
To increase revenue from the mining sector, the government of Punjab, Pakistan, has announced an increase in the royalty rate on limestone to six per cent of the ex-factory sal...
Colombia’s cement market contracts 9% in June 2024
Grey cement dispatches in Colombia fell 8.7 per cent YoY to 943,500t in June 2024 from 1.033Mt in June 2023, according to the country’s statistics agency, DANE. Bulk deliveries...
JK Lakshmi Cement sees surge in 1Q net profit
JK Lakshmi Cement Ltd has reported consolidated busines results for the period ended 30 June 2024. The company posted a net profit of INR1.5bn (US$18.6m) for the quarter, up ...
Cooperativa la Cruz Azul starts construction on a new cement plant
Mexico-based Cooperativa la Cruz Azul has presented plans for the construction of a new industrial unit to manufacture cement in the municipality of Seybaplaya, southwest of ...
Moroccan cement market expands 52% in July
Total cement deliveries by Asment Témara , Ciments de l’Atlas , Ciments du Maroc , LafargeHolcim Maroc and Novacim surged 52.3 per cent YoY to 1,189,016t in July 2024, u...
Dai Duong Cement ignites second production line
On 30 July 2024 the Vietnam Dai Duong Cement 7200tpd clinker production line 2 was successfully ignited and put into production. The project's general contractor was Sinoma N...
Petcoke-coal discounts slip as coal prices drop but freight prices rise
By Frank O.Brannvoll, Brannvoll ApS, Denmark Petcoke prices have been slightly under pressure from higher freight prices but remain stable. Following a drop in coal prices, ...
Holcim Philippines appoints new president and CEO
Nicolas George has been appointed as the new president and chief executive officer of Holcim Philippines . Mr George, who took up the role on 1 August 2024, takes over from Ho...
Votorantim's divestment allows the Chinese to enter Tunisia
This week the Tunisian cement market captured attention, as Votorantim intends to divest its assets in the country, making way for the Chinese to enter this north African ...
Growth for Italian cement in May
Italian cement output rebounded in May with growth of five per cent YoY. This follows a decline of two per cent YoY in April, according to the latest data from Italian concrete...
JK Lakshmi Cement to merge three subsidiaries
JK Lakshmi Cement's board has approved the merger of three of the company's subsidiaries: Udaipur Cement Works (UCWL), Hansdeep Industries and Trading Co, and Hiddrive Develope...
Heidelberg Materials embraces AHS at Texas quarry
Heidelberg Materials is deploying US-based Pronto’s Autonomous Haulage System (AHS) at its Lake Bridgeport quarry in Texas. The move follows the successful pilot of the syste...
Nuvoco Vistas Corp posts 6% uptick in April-June revenue
India-based Nuvoco Vistas Corp saw its consolidated revenue from operations for the April-June 2024 quarter decline by six per cent YoY to INR26.36bn (US$314.8m) as lower vol...
Khayah Cement cites construction boom as an opportunity for growth
Khayah Cement , formerly known as Lafarge Cement Zimbabwe, has forecast that the cement sector is set to grow following a boom in the construction industry, driven by inves...
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