Thailand gears up for Net Zero
At the start of April, Dr Chana Poomee, chairman of the Thai Cement Manufacturers Association, (TCMA) announced the association's vision of 'synergising actions toward Net Zero...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Difficult start to 2024 for US cement market
Total shipments of Portland and blended cement, including imports, in the US and Puerto Rico amounted to 5.886Mt in the first month of 2024, down 14.3 per cent YoY from the 6.8...
CEMEX sets record EBITDA in 1Q24
CEMEX has reported net sales of US$4138m in the opening quarter of 2024, marking a three per cent increase YoY. EBITDA over the same period has advanced by five per cent to U...
Indian cement demand to grow by 6-7% in FY24-25
Indian cement volume growth recovered to a healthy 7-8 per cent YoY in the last quarter (1 January 2024-31 March 2024) of FY23-24, on aggressive volume push, after growing ~15...
HeidelbergCement Bangladesh reported a net profit of BDT459m in 2023
According to HeidelbergCement Bangladesh Ltd’ s (HB) 2023 annual report, the company successfully manufactured and distributed a combined total of 2.185Mt of cement through it...
Adbri is granted US$32.5m for upgrade at Birkenhead plant
The Adelaide-based cement manufacturer, Adbri , has been granted US$32.5m by the Australian federal government. The grant will finance a new front-end engineering and desi...
Fauji Cement posts a profit of PKR7.043bn in 9MFY23-24
Fauji Cement Co Ltd (FCCL) announced its financial results for 9MFY23-24 on the Pakistan Stock Exchange website. The company posted a profit after tax (PAT) of PKR7.043bn com...
Oil rallies above US$90, coal and petcoke dragged higher as geopolitical tensions increase
By Frank O. Brannvoll, Brannvoll ApS, Denmark Geopolitics once again dominated the energy complex. Fear of the Gaza conflict spreading towards Lebanon and Iran added a ri...
Cementir Group launches D-Carb® for white cement
Cementir has launched a new Aalborg White Cement with a lower carbon footprint, D-Carb ® , which presents a 15 per cent reduction in CO 2 emissions when compared with CEM I ...
Holcim sales dip 2% in the 1Q24
Holcim has reported net sales of CHF5586m (US$6117m) in the opening quarter of 2024, down 2.4 per cent from the CHF5725m seen in the 1Q23. In local currency, sales were up 3....
Outlook improving for Indonesia cement demand, clinker exports robust
Cement sales in Indonesia amounted to 65.501Mt in 2023. This is an increase of 3.4 per cent YoY compared to the 63.346Mt reported in 2022. Regional sales were a mixed bag, with...
Titan receives DoE funding for calcined clay project
Titan America 's Roanoke plant in Virginia is to receive funding for its first-of-a-kind calcined clay production line. The US$61.7m award has been granted by the US Departm...
Swiss cement market contracts 8% in 1Q24
Cement demand in Switzerland, including Liechtenstein, declined eight per cent to 786,433.2t in the first quarter of 2024 when compared with 855,143.7t in the 1Q23, according t...
Cement Australia to receive AUD52.9m in government funding
Cement Australia ’s kiln facility in Railton, Tasmania, is due to receive AUD52.9m (US$34.4m) in funding from the country’s federal government. The kiln upgrade will allow...
Limited USGC demand for Supramax/Ultramax shipments leads to rate cuts by owners
By Brannvoll ApS, Denmark The USG Supramax/Ultramax freight market showed positive tendencies during the first half of March, mainly driven by a strong market in the east co...
Ultra-fine low-carbon cementitious material developed
Researchers at Anhui Southern Cement Co, China, have developed an ultra-fine low-carbon cementitious material that can be used to improve the properties of concrete and cemen...
Star Cement begins production at new clinker line
Star Cement has commenced production at its new clinker line in Lumshnong, Meghalaya, India, with effect from 21 April. The new line has a clinker production capacity of 3.3M...
GCC net income up 51% in 1Q24
GCC SAB de CV reported a 11.9 per cent YoY increase in consolidated net sales to US$272.8m in the 1Q24 from US$243.9m in the 1Q23, mainly on the back of higher sales volumes in...
Heidelberg Materials UK opens new recycling hub
Heidelberg Materials UK has opened a new recycling hub at its Appleford depot in Oxfordshire, UK. It is the first of several planned this year as part of the company’s strate...
Qatar National Cement reports dip in sales in 1Q24
Qatar National Cement Co has reported sales of QAR106.06m (US$29.14m) in the first quarter of 2024, ended 31 March. This compares to QAR127.95m in the same period a year earl...
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