Shree Cement starts commercial production at Purulia
Shree Cement Ltd has commenced commercial production at its clinker grinding unit in the Purulia district of West Bengal with a cement capacity of 3Mta. According to the co...
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Qena Cement undergoes assessment for alternative fuel project
As part of Misr Cement Group’s commitment to its strategy to "positively impact on the environment”, the Qena cement plant has submitted an environmental impact assessment...
Breedon on track to build on 2022 results
This week Breedon Group Plc announced its 2022 annual financial results and posted an impressive revenue increase of 11 per cent YoY. The British building materials company sta...
Cementir reports 36% rise in 1H net profit
Cementir Holding posted broadly stable sales of EUR454.5m in the second quarter of 2023. Growth in Turkey, Asia-Pacific and Egypt was able to partially offset a decrease in rev...
Heidelberg Materials increases revenue by 5% in 1H23
Heidelberg Materials reports that its r evenue rose by 5.3 per cent in the 1H23 to EUR10,473m (previous year: EUR9950m). Excluding scope and currency effects, the increas...
Joint venture announces raw clay low-carbon cement plant
Only a few months after its creation, the Borda Occitanie joint venture of Vicat and Materrup has announced the start of a project to build a low-carbon cement plant based o...
CEMEX grows sales by 10% in 2Q23
CEMEX has reported its 2Q23 results with a 10 per cent growth in sales to US$4566m, a 29 per cent increase in operating EBITDA to US$961m, and an EBITDA margin expanding by 3.3...
GCC sees net income increase 53% YoY in 2Q23
GCC SAB de CV reported a 13.7 per cent increase in consolidated net sales to US$364.1m in the first quarter of 2023. In Mexico sales advanced 34.4 per cent as a result of a 3...
Reassessment of raw materials import value demanded
The Bangladesh Cement Manufacturers Association (BCMA) has urged the government to revisit the assessment value of three raw materials (cement clinker, granulated slag and gyp...
Holcim reports 1H23 organic net sales up 7%
Holcim saw its net sales decline by 11 per cent YoY to CHF13,067m in the 1H23, but organic net sales expanded by 7.4 per cent over the same period, reports the Swiss-based buil...
Titan Group announces 1H23 consolidated sales of EUR1229m
Titan Group ’s consolidated sales for the H123 surpassed the EUR1.2bn (US$1.335bn) level, reaching EUR1229m, increased by 18.7 per cent versus the 1H22. EBITDA increased to EU...
Cementos Molins posts revenues of EUR705m in 1Q23
Cementos Molins has announced its financial results for the 1Q23. Revenues reached EUR705m, up 16 per cent compared to the 1Q22. The company has also improved sales across al...
BGF invests GBP3.4m in Nuada CCUS technology
BGF, one of the largest and most experienced growth capital investors in the UK and Ireland, has invested GBP3.4m (US$4.37m/EUR3.76m) in Nuada (formerly MOF Technologies), ...
Lucky Cement receives KCCI Export Trophy Award
Lucky Cement Ltd ( Yunus Brothers ) has received the KCCI Export Trophy Awards for its outstanding achievements in the international market. CEO of Lucky Cement Ltd, Muhammad...
Applied Rigaku Technologies INC moves to new offices
Applied Rigaku Technologies Inc, a division of the analytical and industrial instrumentation technology company Rigaku Corp, announces its relocation to a 20,260ft 2 facility...
Breedon reports solid 1H23
Breedon Group plc announced its unaudited interim results for the first six months of 2023, ended 30 June. Revenues for the UK-based construction materials group increased ...
Lafarge Richmond plant switches to ECOPlanet production
Lafarge Canada ( Holcim Group) has announced its conversion to the production of 100 per cent ECOPlanet cement at its Richmond Cement plant in British Columbia (BC), Cana...
Argos receives US$272m sustainability-linked loan
Colombia’s Banco de Bogotá has disbursed a US$272m sustainability-linked loan to Cementos Argos . The agreement allows a gradual reduction in interest rate subject to the ceme...
Shree Cement 1QFY23-24 profits jumps INR5723m
Shree Cement ’s first quarter profit for the FY23-24 rose to INR5723m (US$69.7m), up 104.8 per cent in comparison to INR2795m during the corresponding quarter of last year. I...
Cement exports from Nepal pick up
Nepal exported cement representing a value of NPR779.3m (US$5.9m) in the FY22-23, supported by the government’s provision of a cash subsidy on cement exports. The country’s gov...
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