Kuwait cement factory has fire quickly contained
Kuwait Fire Force (KFF) says six teams were able to put out a fire that broke out in a cement and manufacturing paint factory in Shuaiba Industrial area, Kuwait. A report was r...
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FLSmidth completes KOCH Solutions purchase agreement
FLSmidth & Co A/S has announced that all conditions and requirements regarding the previously announced Asset Purchase & Transfer Agreement between FLSmidth and KOCH Solutions ...
Ambuja Cement's open offer for Sanghi Industries date set
Andani group-owned Ambuja Cements ' open offer to acquire 26 per cent equity from the public shareholders of Gujarat-based cement maker Sanghi Industries would commence fr...
Yura to enable lime production at Arequipa plant
Peru-based Cemento Yura , owned by Grupo Gloria , plans to enable its No 2 kiln at its Arequipa plant to produce 400tpd of lime, according to ProActivo. The modifications to ...
Anhui Conch in 2Q23 totals CNY6.8bn
Anhui Conch Cement ’s first-half net profit of CNY6.8bn (US$932m) is lower than expected, falling 32 per cent YoY. The decline is due to lower average selling prices and wea...
Iran's cement market expands by 32% in July
Iranian cement consumption increased by 32.2 per cent to 7.09Mt in July 2023 when compared with July 2022, according to the Iranian Cement Association. Domestic cement produc...
CRH boss third-highest paid CEO on the FTSE100
The CEO of Irish building materials giant CRH, Albert Manifold, has been ranked as the third-highest paid chief executive on the FTSE 100, according to a new report by the High...
Cupertino site to become housing and open spaces area
The former Lehigh Southwest Cement Co cement plant site in the Santa Cruz Mountains near Cupertino, USA, is likely to turn into a combination of housing and open spaces. Th...
Taiheiyo to build new terminal in Philippines
Japan-based Taiheiyo Cement Corp (TCC) will build a new cement terminal in Calaca, Batangas, Philippines, to enable the company to serve the Luzon market from its pant in San...
Judge blocks acquisition of Tanga Cement in Tanzania
The proposed acquisition of AfriSam subsidiary, Tanga Cement , by Heidelberg Material 's Scancem International DA has hit a snag as a tribunal judge ruled a decision to a...
Heidelberg Materials sells Gambia terminal
Heidelberg Materials has completed the divestment of its Gambian business with the sale of its cement terminal in Banjul to B5 Plus for an undisclosed sum. The divestment i...
Petcoke discount falls sharply, energy complex rises driven by oil
By Frank O. Brannvoll, Brannvoll ApS, Denmark The fight against inflation is still the focus point for the US Federal Reserve Bank and the European Central Bank, which bo...
Freight rates drifting lower after short rebound
By Brannvoll ApS, Denmark The USG Supramax spot freight market started the month on a strong note. Rates were rising across all routes as a region was supported, especially ...
A 24% fall in Pakistan cement exports in July 2023
Pakistan began the FY23-24 (July 2023-June 2024) by registering lower cement and clinker exports in value and volume terms, with sea exports declining. While reviewing the mont...
Lucky Cement achieves another milestone for solar energy
Lucky Cement ’s GM Finance and Company Secretary, Faisal Mahmood, informed the Pakistan Stock Exchange (PSX) on 21 August 2023 about the successful completion and commissionin...
Unacem sees 9% advance in 2Q revenues
Peruvian Unacem Group saw a nine per cent increase in its 2Q revenues to PEN1559m (US$419.8m) in the 2Q23. The advance was attributed mainly to the incorporation of thermo-el...
TARA and Swiss government sign LC3 agreement in Nepal
Technology and Action for Rural Advancement (TARA) signed an agreement on 17 August 2023 with the Swiss Federal Department of Foreign Affairs acting through the Embassy of Swit...
Mayur appoints CEO of Central Lime Project
Mayur Resources Ltd of Papua New Guinea has appointed John McBride as CEO of the company’s Central Lime project. Mr McBride has extensive technical, operational and commercia...
Crown Cement to purchase Matarbari fly ash
Bangladesh-based Crown Cement plc will buy fly ash from the Matarbari 2x600MW ultra supercritical coal-fired power plant as raw material for cement production, according to t...
JK Cement's Aligarh plant boosts renewable energy
Ampln Energy Transition, an energy transition platform, has begun supplying 10MWp of solar power from its 30MWp solar plant in Mishrikh, Uttar Pradesh, India, to JK Cement’s A...
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