Shiva Cement reveals plans for new 1Mta plant
Shiva Cement Ltd , part of JSW Cement , has announced plans to construct a 1Mta grinding plant in Odisha, India. The new facility will be set up with Bhushan Power and Steel ...
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Carthage Cement reports positive 1H24 results
The Tunisia-based Carthage Cement accelerated its growth rate in the second quarter of this year compared to the first, said the company in a statement. This positive growth ...
Medhat Ismail appointed the new CEO of Lafarge in Iraq
Medhat Ismail will start his new position as Lafarge Iraq CEO in August 2024. Medhat brings a wealth of experience to his new role. His proven ability to drive industrial tra...
UltraTech acquires additional stake in India Cements
UltraTech Cement is acquiring a 32.72 per cent share in India Cements , marking an investment of INR39,540m (US$472.2m). According to The Hindu, the move enables Aditya Bir...
Unacem US shipments surge in 2Q24
Peru-based Unacem saw its shipments jump by 96.4 per cent YoY to 324,000t in the 2Q24 following its acquisition of the Tehachapi cement plant in California, USA. "This signif...
Siam Cement Groups revises down 2024 targets
A slowdown in the Thai economy has prompted Siam Cement Group (SCG) to lower its revenue expectations for 2024. The company had forecast growth of 20 per cent this year but h...
Votorantim Cimentos divests business in Tunisia
On 26 July Votorantim Cimentos signed an agreement for the full sale of its Tunisian assets to Sinoma Cement Co Ltd, a China-based building materials enterprise. The sale ...
Aggregate Industries recruits CCUS specialist
Aggregate Industries has welcomed Tom Murphy to the team in the role of Carbon Capture Utilisation and Storage (CCUS) Project Manager. Mr Murphy joins from Tata Chemical Euro...
Saint-Gobain presents 1H24 financial results
Saint-Gobain has released its 1H24 results. The consolidated financial status was reviewed by the statutory auditors and adopted by the Board of Directors on 25 July. The oper...
New line to further squeeze imports to the Philippines
Cement imports to the Philippines are expected to come under increased pressure after the start-up of Taiheiyo Cement Philippines Inc's (TCPI) PHP12.8bn (US$219.25) brownfield ...
Holcim's 1H24 profit growth driven by Solutions & Products
Holcim has announced record profitable growth in the first half of 2024. Net sales for the six-month period came in at CHF12,813m (US$14,516m), down 1.9 per cent YoY from CHF...
Ramco Cements sees 55% fall in net profit
The Ramco Cements Ltd reported a 55 per cent fall in net profit to INR355m (US$4.24m) during the quarter ended 30 June 2024, compared to INR793m in the same quarter of 2023. ...
Cemex reports highest EBITDA margin in eight years
Cemex has reported strong 2Q24 results with a two per cent increase in EBITDA, while the EBITDA margin expanded to the highest level since 2016. The EBITDA margin was propell...
Yanbu Cement sees 14% rise in 1H net profit
Saudi Arabia-based Yanbu Cement Co announced its interim condensed consolidated financial results for the period ended 30 June 2024. Sales for the six month-period advanced...
Cement Manufacturers' Association applauds 2024-25 budget
The Cement Manufacturers’ Association (CMA), the independent body of large cement producers in India that represents almost 75 per cent of the country’s total installed cement ...
Titan Group introduces Titan Edge and Premier
Titan Group has introduced Titan Edge family of products where “sustainability meets performance”, and Titan Premier family of services are aligned with the group’s Green ...
GCC posts 9% advance in 2Q earnings
Mexico-based GCC SAB de CV reported consolidated net sales down by one per cent to US$360.3m in the second quarter of 2024 from US$364.1m in the 2Q23. US cement and concret...
Pakistan's bagged cement export revenue reaches US$266.51m in FY23-24
Pakistan’s cement and clinker exports increased by 40.4 per cent to US$266.51m in the FY23-24 (July 2023-June 2024), from US$189.87m in the FY22-23, according to Pakistan Burea...
Healthy demand lifts USG Supramax freight market
By Brannvoll ApS, Denmark The USG Supramax spot freight market showed a considerable rate improvement for all routes as some fresh cargo trickled in for June dates. There...
ThyssenKrupp Polysius' first rotary shell repair in Brazil
Last month, thyssenkrupp Polysius Brazil received its first rotary shell repair order. The order includes the supply of spare parts, such as a kiln shell, kiln tyre and fixing...
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