Vietnam YtdD cement sales disappoint
Total Vietnam cement sales, including domestic and export, for May amounted to 7.873Mt, down 7.8 per cent MoM from 8.541Mt in April but up 2.6 per cent YoY from 7.678Mt in May ...
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ECB lowers interest rate while reduced OPEC+ production cuts send oil lower – China discusses ban on >3% sulphur petcoke
By Frank O. Brannvoll, Brannvoll ApS, Denmark Geopolitical risk premiums slowly vanished and need new events to return. Meanwhile, at the start of June, the focus turned...
UltraTech proposes reduced cash offer for RAK White shares
The UAE Securities and Commodities Authority has approved the strategic decision of Aditya Birla Group -owned UltraTech Middle East Investment’s regional operations. This deci...
Heidelberg Materials converts Speed plant to slag grinding
Heidelberg Materials has announced the successful conversion of its cement plant in Speed , Indiana, USA, to a slag grinding facility to better support the increased demand ...
Lucky Cement obtains a credit line of PKR8bn
Pakistani financial institution and cement conglomerate the United Bank (UBL) and Lucky Cement Ltd announced that the bank will extend PKR8bn (SU$28.7m) to cement producers. ...
Cemex supplies Paris Olympics
Cemex has supplied architectural and Vertua lower-carbon concretes for the construction or renovation of multiple venues in Paris that will host sports competitions this summ...
Nuada starts carbon capture trials with Buzzi
UK-based carbon capture technology provider Nuada has announced the launch of its pilot plant operation at Buzzi Unicem's cement facility in Monselice , Italy. Buzzi is tria...
PPC FY23-24 results bolstered by strong Zimbabwe performance
PPC has reported revenue of ZAR10,058m (US$551.8m) in FY23-24 (ended 31 March 2024), marking a 20.6 per cent increase from ZAR8339m in the same period a year earlier. Accordi...
Catch4climate project installs oxygen tanks
The "Catch4climate" project reached another important milestone this week as it completed the installation of the six oxygen tanks for the oxyfuel plant. The oxyfuel kiln plant...
Materrup raises EUR26m funding for its circular low-carbon cement technology
With the decarbonisation of the cement industry and the construction sector, Materrup is raising EUR26m (US$29m) to support the roll-out of its circular low-carbon cement CCC ®...
Cemex launches Vertua in Florida
Cemex has announced that Vertua ® , its portfolio of sustainable products, is now available in Florida. Establishing the foundation for thousands of new homes in Sarasota Cou...
Cemvision and Vattenfall collaborate on near-zero emission cement
Cemvision and Swedish power company Vattenfall have entered into an agreement for the development and future supply of near-zero emission cement. The new cement has the potent...
Holcim acquires Cand-Landi Group to accelerate decarbonisation and circularity at Eclépens
Holcim acquired the Cand-Landi Group in Switzerland to advance decarbonisation and circular construction. With consolidated net sales of CHF70m (US$11.4m) and 250 employees, ...
Dangote ramps up investment in Zambia with second plant
Dangote Cement has announced plans to double its investment in Zambia by building a second cement plant. The company has already constructed one plant in Masaita at a cost of...
Southern Province Cement and Yanbu Cement Co sign an MoU for amalgamation
According to Saudi Exchange (Tadawul), Southern Province Cement Co announced the signing of a non-binding Memorandum of Understanding (MoU) with Yanbu Cement Co on 23 June ...
PIBTL to settle its foreign exchange debt in a couple of years
Pakistan International Bulk Terminal (PIBTL) is expected to repay all financial dollar-based loans by June 2026. At a recent conference hosted by Topline Research, Shariq Azam ...
alcemy and Spenner launch 'CEM X'
Alcemy, a Berlin-based AI start-up focussed on decarbonising cement and concrete production, has announced that German cement manufacturer Spenner GmbH has produced commercia...
Adapting strategies to survive climate change
Cement producers are developing contrasting strategies as they seek to discover ways to prosper in response to the complex challenges and uncertainties presented by climate cha...
Peruvian cement market contracts 2% in May
Domestic cement dispatches in Peru slipped two per cent YoY in May 2024 to 0.958Mt from 0.977Mt in May 2023, according to the country's cement association, ASOCEM. OF this tot...
Groundbreaking ceremony on CAP2U project at Lengfurt
On 19 June 2024, Linde and Heidelberg Materials hosted a groundbreaking ceremony for their large-scale carbon capture and liquefaction plant in Lengfurt , Germany. Christian...
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