Maple Leaf Cement Factory saw a fall in profit in 1HFY23-24
Maple Leaf Cement Factory Ltd (MLCF) reported its 2QFY23-24 (October-December 2023) and 1HFY2023-24 results to the Pakistan Stock Exchange (PSX), posting net earnings of PKR2...
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NeoCem to build 100,000tpa calcined clay plant
Following four years of research NeoCem will install the company's first calcined clay production line in Saint-Maximin, near Senlis, France. The facility will have a capacity ...
City Cement Co reports a fall in sales quantity during 2023
City Cement Co of Saudi Arabia has recently uploaded its annual financial results for the period ending on 31 December 2023 at the Saudi Exchange. During this period, the com...
CEMEX to add a new tertiary mill at Alicante
CEMEX's plant in Alicante in Spain embarks on a significant environmental initiative, launching a new tertiary mill project, "Molentis," with a EUR6m investment aimed at redu...
Supramax rates fell significantly on all routes amid slow start to the year
By Brannvoll ApS, Denmark The year started on a negative note for Supramax owners in USG. Rates were rapidly falling amid a lack of cargoes and a growing tonnage supply. Clo...
Cementos Molins launches low-carbon Dragon cements
Cementos Molins ’ newly-launched cements and concretes represent a reduction in CO 2 emissions of up to 25 per cent compared to products made with the current Type I cement o...
Lafarge Canada accelerates EPD certification
Lafarge Canada ( Holcim ) has accelerated enhanced Environmental Product Declarations (EPDs) certifying of OneCem ® GUL Cement and NewCem ® Slag Cement at its western Canad...
Heidelberg Materials reports record results in 2023
Heidelberg Materials has reported record preliminary results for 2023 with group revenue up four per cent YoY to EUR21.2bn, despite what the company describes as a “weak mark...
Argos' adjusted EBITDA totals COP672bn in 4Q23
For the fourth quarter of 2023, Argos ' adjusted EBITDA stood at COP676bn (US$172.2m), increasing 12 per cent compared to 4Q22. The results were driven by strong pricing dyn...
UltraTech commissions 1.8Mta Kotputli expansion
UltraTech Cement has commissioned its 1.8Mta brownfield cement plant in Kotputli , Rajasthan, India. This latest development forms part of the cement producer’s 22.6Mta expa...
Shree Cement commits to two new plants
Shree Cement is committing INR20,000m (US$241.16m) to two new cement plants in India’s Uttar Pradesh, expanding its cement production capacity in the region by almost 7Mta. ...
FLSmidth reports 39% increase in net profit
In its consolidated results of 2023, Denmark-based FLSmidth reported a 10 per cent increase in revenue to DKK24,106m from DKK21,849m in 2022. The company’s gross profit increas...
Saint-Gobain in advanced talks to acquire CSR Ltd
Saint-Gobain has approached the board of CSR Ltd, a leading Australian building materials company listed on the Australian Securities Exchange, with a non-binding indicative o...
Nigerian producers agree to lower prices
Nigeria-based Dangote , BUA Cement and Lafarge have agreed to lower cement prices in the country, despite rising production costs. According to This Day Live, the three ma...
Fauji Cement is equipped with new pulveriser and pellet press
Pakistan-based Fauji Cement has invested in its laboratory control equipment. Rajpoot Links Pet Ltd has commissioned the new generation of Herzog HSM100 Pulverizer and HTP40 ...
Spain’s cement demand drops 4% in January
Cement consumption in Spain declined by 3.6 per cent to 1,029,258t in January 2024, according to the Spanish cement association, Oficemen. Furthermore, in January 2024 export...
Pakistan’s cement industry exports exhibit mixed trends
Pakistan’s cement industry has registered significant growth in the first seven months of FY23-24 (July 2023-January 2024) due to the continued good exchange rate of the Pakist...
SungShin Cement swings into the black in 2023
South Korea-based SungShin Cement reported a preliminary and unaudited revenue of KRW1.113trn (US$832,886) in 2023, up from KRW1.03trn in 2022. The company’s operating prof...
St Constant plant switches over to OneCem® production
Lafarge Canada ( Holcim ) has achieved full transition of production from traditional general-use cement to OneCem ® a greener product that results in significantly lower CO...
Azerbaijani cement production up by 23% in January
Azerbaijan increased its cement production by 23.2 per cent YoY to 251,600t in January 2024, according to the State Statistics Committee. However, clinker production slipped 1....
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