Cockburn Cement awards contract to SIMPEC
Cockburn Cement , a subsidiary of Adbri , has awarded Australian construction firm SIMPEC with the contract for the expansion of its Kwinana cement plant. The contract is v...
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Sinai Cement cuts consolidated loss by 22% YoY in 1H23
Sinai Cement Co posted a 22.12 per cent YoY drop in consolidated net loss attributable to the holding company for the 1H23, according to the consolidated financial income sta...
New Zealand's concrete industry launches its net zero roadmap
New Zealand’s concrete industry has launched its roadmap to net zero carbon by 2050 - A Net Zero carbon concrete industry for Aotearoa New Zealand: Roadmap to 2050 . Concr...
Monarch Cement posts increased net sales in 1H23
US-based The Monarch Cement Co has reported condensed consolidated net sales of US$121.94m in the first half of 2023, up from US$95.85m in the same period a year earlier. Gro...
FLSmidth and Mannok partner on SCM project
FLSmidth and Ireland-based cement producer Mannok are partnering on a new decarbonisation research project to maximise supplementary cementitious materials (SCMs) in cement c...
Sanghi Industries reports loss of income in June quarter
Sanghi Industries Ltd has posted total income of INR1702m (US$20.46m) in the quarter ended 30 June 2023. This compares to INR2270m in the previous quarter and INR3448.5m in t...
CEMEX updates sustainability-linked Financing Framework
CEMEX has updated its sustainability-linked Financing Framework to align with its more ambitious 2030 decarbonisation targets, announced on November 2022 and validated by the...
City Cement revenue falls 13% YoY in 2Q23
Saudi Arabia’s City Cement has posted revenue of SAR77.8m in the second quarter of 2023, down 13 per cent YoY. Net income over the same period fell 2.2 per cent to SAR24.3m, ...
Dome Technology start inflating dome for Titan America
In Chesapeake (VA), USA, Dome Technology is hard at work on a 67,500t dome silo for Titan America . The dome is 42.1m (138ft) in diameter and 43m (141ft) tall and is engineere...
Morocco’s cement market expands by 24% in July
Moroccan cement deliveries by APC members Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc in July 2023 increased by 23.9 per cent YoY to 780,927t f...
Al Jouf Cement reports 41% YoY increase in revenue
Al Jouf Cement has reported revenue of SAR138.23m in the first half of 2023, marking a 40.6 per cent increase compared to the same period a year earlier. Net profit over the ...
Votorantim Cimentos reports BRL470m net profit in 2Q23
Votorantim Cimentos ended the 2Q23 with BRL470m net profit, a 28 per cent increase compared to BRL366m (US$74.68m) in the same period last year. The company’s global net rev...
Boral reports 17% YoY jump in revenue in FY23
Australia-based Boral has reported a 17 per cent YoY increase in revenue to AUD3460.6m (US$2267m) in the fiscal year ended 30 June 2023 (FY23). EBITDA over the same period ad...
IKN supplies two coolers to Vietnam
IKN has been working on two construction sites in Vietnam in Dai Duong and Thanh Thang where two new IKN coolers are currently being erected. Similar in size, these coolers ar...
UltraTech Chairman sets new capacity goal at AGM
In FY22-23 UltraTech Cement recorded net revenues of US$7.9bn (INR632,400m) and an EBITDA of US$1.4bn (INR111,230m). FY22-23 marked significant milestones for UltraTech as...
Indonesia remains gripped by cement overcapacity
This week Indonesia's Ministry of Industry addressed the growing issue of overcapacity in the cement sector by implementing a new moratorium policy and new investment arrangeme...
BUA invests in technology to lower costs
BUA Cement has announced plans to invest in state-of-the-art technologies in a bid to reduce operating costs after reporting a 20 per cent increase in the cost of sales in th...
Grasim Industries sees revenue improve 11%
Grasim Industries, which owns UltraTech Cement , has reported revenue of INR310,650m (US$3753m) in the quarter ended 30 June 2023, marking an 11 per cent improvement YoY. Net ...
Fortera carbon capture plant to come on-stream at end of 2023
The construction of the Fortera carbon capture unit at at CalPortland ’s Redding cement plant , should be finished this year. Fortera’s Vice President of Product Development...
Tajikistan lifts ban on cement exports
Tajikistan has reported cement production of 2.1Mt in the opening six months of 2023. Of this total, more than 538,000t were exported, down 138,000t compared to the same period...
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