Kohat Cement Factory expands capacity and progresses Punjab plant
Kohat Cement Factory has updated the Pakistan Stock Exchange Ltd (PSX) about an increase in cement production capacity at Kohat in Khyber Pakhtunkhwa. After the optimisation ...
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Pioneer Cement’s profit expanded by 49% in 1HFY23-24
Pioneer Cement Ltd announced its 1HFY23-24 result on the Pakistan Stock Exchange (PSX) website on 28 February 2024, where the company posted a profit after tax (PAT) of PKR2....
A more concise InterCement Participaçoes
The last year has seen InterCement Participacoes (Mover) work hard to divest parts of its cement business to lower its debt. It is now being courted by several leading cement p...
PCA to file lawsuit against EPA on emissions standard
The US Portland Cement Association (PCA) is joining a coalition of associations in filing a lawsuit against the US Environmental Protection Agency (EPA) regarding the Particula...
CEMEX pioneers micronisation for decarbonised cement
CEMEX is decreasing CO 2 emissions in cement production by reducing the size of clinker particles. This process, called micronisation, when combined with the use of propriet...
Cement performance aids Pakistan Stock Exchange's record 2023 profitability
Pakistan Stock Exchange saw record profitability in 2023 amid the cement performance. The profitability of the KSE-100 index continues to soar to new heights, posting a robust ...
BUA Cement records revenue growth of 27% in 2023
BUA Cement reports its full year 2023 audited financial statements and accounts, posting a strong revenue growth of 27.4 per cent to NGN460bn (US$282m) compared to NGN361bn i...
FOB and ARA discounts narrow
Coal stabilised on support at a level of around US$90/t, pressured by gas prices but supported by oil. Continued freight issues in the Suez Canal and the Red Sea are supported ...
DG Khan Cement's profit increased by 13% in 1HFY23-24
DG Khan Cement Co Ltd (DGKC) announced its financial results for the half year ended 2023-24 on 26 February 2024. Its net profit after taxation increased by 13.2 per cent YoY...
Holcim proposes Michael H McGarry as independent Board of Directors member
Holcim proposes Michael H McGarry, formerly chairman and CEO of PPG Industries, a leading global specialty coatings company, for election to its Board of Directors. The elect...
Cementos Molins reports record results in 2023
Spain-based Cementos Molins closed 2023 with revenues of EUR1349m, up six per cent YoY with gains across all businesses and regions as sales increased and price management impa...
Azerbaijani exports up 14% in 2023
Cement and clinker exports from Azerbaijan to Georgia advanced by 13.9 per cent YoY to 814,803t in 2023. The value of the exports increased by 34.4 per cent YoY to US$46.562m. ...
Rohrdorfer Zement breaks ground on CO2 capture plant
Rohrdorfer Zement is building Austria's first large-scale CO 2 recovery plant in the cement industry. Climate Protection Minister Leonore Gewessler, Provincial Councillor Ma...
Iranian cement consumption up 30% in January
Iran’s cement market expanded 30.4 per cent YoY to 5.27Mt in January 2024 from 4.04Mt in January 2023, according to the Iranian cement association. Domestic cement producers ...
Schwenk Zement terminates Namibian purchase agreement
The purchase agreement between Schwenk Zement International GmbH and RWCo GmbH regarding shares in Schwenk Namibia (PTY) Ltd has been cancelled. The agreement, which was sign...
Holcim Spain joins Green Building Council Spain
Holcim Spain has joined the Green Building Council Spain (GBCE) with the aim of promoting circular and sustainable construction practices in the building sector. According to...
Eqiom to boost Lumbres capacity by 57%
Eqiom , part of Ireland’s CRH group, has announced plans to increase the cement production capacity at its Lumbres plant in France from 0.7Mta to 1.1Mta by 2026, marking a...
Holcim posts record results in 2023
Holcim has posted record results in 2023 with full-year net sales of CHF27,009m (US$30,662m), compared to CHF29,189m in the previous year. Recurring EBIT over the same period...
Vietnamese cement market expands 50% in January
Cement sales in Vietnam increased 50 per cent YoY but fell 22 per cent MoM to 4,109,509t in January 2024, reports the Vietnam National Cement Association (VNCA). Of this total ...
Heidelberg Materials supports German Vice Chancellor's stance on CCS
Germany's Vice Chancellor, Robert Habeck, has presented a legislative bill containing amendments to the law on carbon storage, and guidelines for a German carbon management str...
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