Carbon falling below EUR80 after larger auctions and lower gas prices
By Frank O. Brannvoll, Brannvoll ApS, Denmark The carbon market has fallen below the major support of EUR80, pressured by a lower energy complex and shift to gas from coal a...
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Political agitation in Bangladesh cripples supply chain inclusive cement
For the last four weeks, consecutive political agitation in Bangladesh has negatively impacted the country's economy. The supply chain has been severely affected, including tra...
Lemi National Cement expected to see inauguration in March 2024
Construction of Lemi National Cement Factory in Ethiopia is 70 per cent completed and the plant is expected to be inaugurated in March 2024. Owned by a joint venture of West ...
DG Khan Cement is exploring Mexico to export cement from Pakistan
According to AKD Research, DG Khan Cement Co Ltd (DGKCC) held its corporate briefing on 24 November to apprise investors of its FY22-23 financial results and the company’s fu...
New PPC CEO confirmed
Following the finalisation of his work permit, Matias Cardarelli has now been confirmed as the new chief executive officer of PPC Cement . He takes over from Roland van Wijnen...
Thatta Cement Co to install another 2.2MW of solar power by year-end
According to a report of AHL Research, the management of Thatta Cement Co Ltd (THCCL) held a corporate briefing session on 24 November to discuss the FY22-23 financial result...
Aggregate Industries to use waste ceramics as alternative fuel
Thousands of tonnes of waste ceramics from one of the UK’s largest ceramic tile manufacturers will be recycled to make cement as part of a new initiative from Aggregates Indus...
CEMEX Europe makes strong progress with EPD certificate roll-out
Global building materials supplier CEMEX is proud to announce that it will soon have obtained Type III Environmental Product Declaration (EPD) certificates for the cements it p...
Fecto Cement Ltd is in discussion to install solar plant
According to AHL Research, Fecto Cement Ltd (FECTC) management held a corporate briefing session on 24 November to discuss the FY22-23 and 1QFY23-24 financial results and fut...
Energy complex lower on fading war premium while petcoke discounts fall as coal retraces
By Frank O. Brannvoll, Brannvoll ApS, Denmark The Israel-Gaza situation seems to be contained from spreading and the war premium has quickly faded as no disruptions in any m...
Hoffmann Green to supply Spie batignolles
Hoffmann Green Cement Technologies has signed a contract with Spie batignolles, a major France-based player in building, infrastructure and services, for the supply of Hoffma...
Qatar cement market to expand 5.2% in 2022-32
The cement market in Qatar is expected to see a CAGR of 5.2 per cent on the basis of value in 2022-32, reaching a valuation of US$1550.9m by the end of the period. According to...
Pioneer Cement still to decide on greenfield or brownfield expansion
Pioneer Cement has yet to select a green or brown option for expansion in the Punjab. Topline Securities hosted a corporate briefing session (CBS) for Pioneer Cement Co Ltd (...
UltraTech Cement eyes up Kesoram Industries
UltraTech Cement has reportedly expressed an interest in acquiring Kesoram Industries and is already carrying out due diligence on the company. According to CNBC, UltraTech...
Freight rates rise again on increased petcoke and grain demand
By Brannvoll ApS, Denmark The USG Supramax spot freight market finished the month on a positive note with rates continuing to increase as tonnage supply appears tight, while...
MPA deeply disappointed at lack of Government CBAM announcement
The Mineral Products Association (MPA) is deeply disappointed by the lack of commitment to a UK Carbon Border Adjustment Mechanism (CBAM) in the Autumn Statement. This missed o...
Loesche GmbH acquires hydraulic company
Loesche GmbH has successfully acquired the valuable know-how of the renowned company RuhfusSystemhydraulik. In the past, Ruhfus was a reliable supplier of high-quality hydrauli...
Gharibwal Cement vows to continue the BMR project
Gharibwal Cement Ltd in Pakistan has arranged a corporate briefing session on the FY22-23 and 1QFY23-24. To recall, the company posted a profit after tax of PKR1.232bn (US$4.31...
Aalborg Portland's CCUS plant to get Royal inauguration
Aalborg Portland (Cementir Group) is preparing to welcome His Royal Highness the Crown Prince of Denmark on 27 November for the official inauguration of its new CO 2 capture p...
Vietnamese cement market contracts 18% in October
Cement sales in Vietnam declined by 18 per cent YoY to 4,725,367t in October 2023 when compared with October 2022, according to the Vietnam National Cement Association (VNCA). ...
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