Cementos Pacasmayo sees 9% drop in 2Q net profit
Peru-based Cementos Pacasmayo reported a 12.1 per cent YoY drop in revenues to PEN442m (US$123.4m) in the second quarter of 2023, due to a drop in demand, which was affected ...
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The science of carbon removal and carbon sinks
This week Brimstone announced that it had achieved third-party certification of its carbon-negative cement that meets the ASTM C150 standard. Low-carbon and green cements are ...
Dalmia Bharat sees revenue advance YoY in June quarter
Dalmia Bharat has reported its unaudited consolidated results for the quarter ended 30 June 2023, with revenue from operations coming in at INR36,240m (US$442m) over the thre...
InterCement assets in Brazil and Argentina are on other players' radar
According to Valor, InterCement assets are being valued by local and global players. The operations of Loma Negra, Argentina, are being looked at by CEMEX , Pacasmayo and...
GCCA and LeadIT release Green Cement tracker
The Leadership Group for Industry Transition (LeadIT) and the Global Cement and Concrete Association (GCCA) have launched a new decarbonisation tracker, to help policymakers, ...
Petcoke on the rise, driven by higher coal prices and high discounts – new OPEC cuts support oil
By Frank O. Brannvoll, Brannvoll ApS, Denmark The holiday mood has dampened the volatility in most markets and the dominant factor is the fear of low demand due to slower g...
Mountain Cement orders Polysius® booster mill
Mountain Cement Co LLC , part of the Eagle Materials Inc , has ordered the polysius ® booster mill for the grinding capacity increase of its plant in Laramie , Wyoming, USA...
UltraTech Cement Ltd releases its FY22-23 Sustainability Report
UltraTech Cement Ltd has released its Annual Sustainability Report for the FY22-23. Achieving a net CO 2 intensity of 557kg CO 2 /t of cementitious products in FY22-23, ...
Imperial College London awarded GBP1m CCUS additive funding
Imperial College London (ICL) researchers have been awarded GBP1m funding to develop a carbon negative cement additive. The funding comes from the Carbon Capture, Usage & Stora...
Freight rates remain weak on low demand
By Brannvoll ApS, Denmark USG Supramax spot freight market activity was limited with rates continuing to slide. Fresh cargo replenishment was slow, resulting in charterers l...
IKN wins Prism Cement cooler order
Prism Cement has ordered an IKN pendulum clinker cooler. Pre-assembly of the IKN pendulum cooler will take place at Prism Cement's plant in India and it will replace th...
CEMTEC INC launches in North America
CEMTEC INC, subsidiary of Cemtec Cement and Mining Technology GmbH, headquartered in Enns, Austria , is ready to serve customers in North America. CEMTEC INC has already re...
CEMEX celebrates 25 years of Patrimonio Hoy
Patrimonio Hoy, the flagship of CEMEX ’s social impact strategy, celebrated 25 years of transforming people's lives on 19 July, 2023. Launched in Mexico in 1998, the programme...
Salonit Anhovo to become Alpacem Cement Slovenia
Slovenia’s Salonit Anhovo is changing its name to Alpacem Cement Slovenia. The announcement was made following the company’s general meeting on 14 July 2023. “We have been co...
HeidelbergCement India reports marginal uptick in revenue
HeidelbergCement India has reported revenue of INR5956.4m (US$72.5m) in the first quarter of FY2023-24 ended 30 June 2023. This is up marginally on the INR5898m seen in the s...
India's CMA appoints new president
India’s Cement Manufacturers’ Association (CMA) has appointed Neeraj Akhoury, managing director at Shree Cement Ltd , as its new president, and Parth Jindal, managing director...
China Shanshui issues profit warning
China Shanshui Cement Group Ltd has issued a profit warning for the opening six months of 2023. The company has said that it expects to report a YoY fall in profit of 145-150 ...
Captured CO2 to be recycled into Adidas trainers
Oco, a subsidiary of carbon capture utilisation and storage specialist Carbon Upcycling, has formed a major partnership with Adidas. The sports shoe manufacturer will use an in...
Menzel Elektromotoren responds to motor call out
German manufacturer Menzel Elektromotoren received two orders for large machines within one week in early June. Due to motor failures, the water supply to 30,000 households was...
INSEE Cement offers cement to war veterans and their families
Sri Lanka’s INSEE Cement has signed a Memorandum of Understanding (MoU) with the country's Ministry of Defense to provide cement at a concessionary price to families of war v...
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