66th IEEE-IAS/PCA 2024 achieves record attendance in Denver
The 66 th IEEE-IAS/PCA Cement Conference and Exhibition in Denver, Colorado, USA, announced a record attendance of 1200 delegates, as the technical sessions began on 30 April ...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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New MYR1.2bn cement plant for Sabah
A MYR1.2bn (US$251.5m) integrated cement plant project in Kampung Kawayoi Pinangah, Tongod, central Sabah, Malaysia, will help boost the economy of the local community upon com...
New research shows heavy industries key to decarbonisation
The World Benchmarking Alliance (WBA)’s first Heavy Industries Benchmark report reveals that emission intensity by heavy industry companies are currently not aligned with the 1...
Yamama Cement 1Q profit edges up 2%
Yamama Saudi Cement Co reported sales of SAR273.7m (US$73m) in the 1Q24 when compared with SAR279.9m in the year-ago period. The 2.2 per cent YoY drop was on the back of a de...
Usje sees 58% jump in net profit in 1Q24
Cementarnica Usje AD of North Macedonia, part of the Titan group, reported a six per cent increase in domestic sales to MKD840.2m (US$14.6m) in the 1Q24 while export sales ar...
UltraTech Cement sales up 9% YoY
India’s UltraTech Cement , part of the Aditya Birla Group, has reported a strong performance in the 4QFY24, ended 31 March 2024. Consolidated net sales for the three-month per...
Dangote reports 101% revenue surge in 1Q24
Dangote Cement has reported group revenue of NGN817.4bn (US$659m) in the first quarter of 2024, ended 31 March, marking a 101 per cent surge YoY. EBITDA advanced by 66.6 per ...
CBB posts 132% surge in 1Q income
Chile-based CBB reported sales of CLP97,781.67m (US$102.83m) in the 1Q24, up 11.1 per cent from CLP87,989.15m in the equivalent period of the previous year. In the 1Q24 EBI...
Cementos Molins closes 1Q24 with 38% net profit hike
Cementos Molins SA saw revenues slip to EUR336m in the 1Q24 due to the decline in activity in Argentina only being partly offset by increases in most businesses and regions. ...
Sanghi Industries sees revenue decline YoY
Sanghi Industries has posted revenue of INR2883.3m (US$34.5m) in the quarter ended 31 March 2024. This compares to INR2270.1m in the same period a year earlier. Net loss over...
Lucky Cement profit jumps 67% in 9MFY23-24
Lucky Cement Ltd announced its financial results for the 9MFY23-24 on the Pakistan Stock Exchange website on 29 April. It posted unconsolidated earnings of PKR18.649bn (US...
Uzbekistan sees opening of new 2.5Mta cement plant
The opening ceremony of a new 2.5Mta cement plant took place in the Andijan region of Uzbekistan, according to Trend. China-based Conch International Holdings Ltd and Zhejian...
Carbon Re highlights importance of digitalisation in net zero
Carbon Re has published its latest white paper titled “Digitalization: The Pathway to Net Zero”. The paper explores the significant role that digitalisation can play in reduci...
Indian cement demand continues apace but undersupply looms
Indian cement consumption rose 7.9 per cent YoY in 2023, amounting to 418Mt, according to ICR Research. Per capita consumption increased to 293kg in 2023, up from 273kg a year ...
CEMEX divests assets in Philippines
CEMEX has announced that its subsidiary, CEMEX Asia BV, has signed an agreement with DACON Corp, DMCI Holdings Inc and Seminara Mining and Power Corp for the sale of its oper...
Kohat Cement Co posted a profit of PKR6.512bn in 9MFY23-24
Kohat Cement Co Ltd (KOHC) announced its financial results for the 9MFY23-24 on 25 April. It posted a profit after tax (PAT) of PKR6.512bn (US$23.3m) compared to PKR5.363bn i...
Shiva Cement reports loss in FY24
India-based Shiva Cement Ltd has reported revenue from operations of INR1444.5m (US$17.3m) in the quarter ended 31 March 2024. This compares to INR978.5m in the previous quar...
Maple Leaf Cement Factory's profit falls 13% in 9MFY23-24
Maple Leaf Cement Factory Ltd (MLCF) announced its financial result for the 9MFY23-24 on the Pakistan Stock Exchange website on 25 April, posting a profit after tax (PAT) of ...
EU ETS 2023 emissions down 16% YoY amid record global emissions – prices rise to about EUR60
By Frank O. Brannvoll, Brannvoll ApS, Denmark In 2023 EU verified emissions showed a 15.5 per cent fall from 2022, based on a 24 per cent drop in power generation emissions ...
Saint-Gobain sales slip 6% in 1Q24
Saint-Gobain has reported total group sales of EUR11,356m in the first quarter of 2024, down 5.8 per cent from EUR12,406m in the same period a year earlier. According to the ...
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