Tudela Veguin to invest EUR62.5m in decarbonisation measures
Cementos Tudela Veguín SA , part of Corp Masaveu , will invest EUR62.5m in energy efficiency and the use of biomass and hydrogen if it obtains funds from the EU. The plan is ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Orient Cement sees revenue advance in FY22-23
Orient Cement , part of the CK Birla Group, has reported total income of INR29,375.5m (US$358.2m) in its FY22-23 annual report (FY21-22:INR27,350m). EBITDA over the same perio...
Bangladesh cement export revenue jumps 43% YoY
Bangladesh has reported 42.7 per cent YoY growth in cement export revenue to US$13.66m in FY22-23 (July 2022-June 2023). This compares to US$9.57m in the same period a year ea...
Freight rates weaken on reduced new orders
The USG Supramax spot freight segment looked weak due to the limited fresh orders in the market. Rates were slipping as tonnage continued to pile up for spot laycan dates. F...
Aggregate Industries opens new RMC plant in Birmingham, UK
Aggregate Industries has opened a second ready-mix concrete plant in Birmingham to increase its capacity and meet rapidly-growing demand in and around the UK’s second-largest...
InterCement sells African businesses to Huaxin Cement
InterCement Participações S.A . has reached an agreement with Huaxin Cement Co Ltd regarding the sale of InterCement’s businesses in Mozambique and South Africa. Following t...
Nuvoco Vistas completes AF projects at Risda and Nimbol
Nuvoco Vistas Corp Ltd announced the completion of its alternative fuel resource (AFR) project at Risda cement plant in Chhattisgarh, and Nimbol cement plant in Rajasthan...
Shree Cement reports 18% YoY revenue growth
Shree Cement has reported revenue from operations of INR168,374m (US$2055m) in FY22-23 (ended 31 March 2023), up 18 per cent YoY from INR143,060m in FY21-22. EBITDA in FY22-2...
Khayah Cement boosts capacity to 1Mta
Zimbabwe-based Khayah Cement (previously Lafarge Cement Zimbabwe) has announced that it doubled its milling capacity in 2022. The second half of the year saw the company succ...
Rohrdorfer Zement and Bayernets plan CO2 network
Germany-based Rohrdorfer Group has been working on a feasibility study with transmission system operator Bayernets, who wants to build a pipeline to connect CO 2 sources wit...
Aggregate Industries targets cement tanker driver safety
Aggregate Industries and its Lafarge Cement business have partnered with hauliers Simon Gibson Transport and Lomas Distribution to produce a new training package to address a...
World's first near-zero-carbon, 3D-printed homes
Eco Material Technologies, North America’s leading provider of sustainable cement alternatives, and building company HIVE 3D have announced the world’s first near-zero-carbon, ...
Adbri names new CFO
Adbri Ltd has appointed Jared Gashel as its new chief financial officer, effective 5 July 2023. Mr Gashel has more than 20 years’ financial experience in multiple industries ...
UltraTech sales advance 20% in 1QFY23-24
UltraTech has announced 20 per cent YoY growth in sales volumes in India in the opening quarter of FY23-24 (March-June 2023). Volumes over the three-month period came in at 2...
Shree Cement commissions Purulia plant
Shree Cement announced the completion of its INR5.5bn greenfield cement plant in Purulia, Bengal, India. The 3Mta cement plant is its first production facility in Bengal an...
CEMEX's Regenera expands Mexican operations
CEMEX ’s circular waste management business, Regenera, is expanding its operations in Mexico with the opening of a new facility in partnership with leading waste collection co...
EUA falls sharply pressured by gas and coal prices
By Frank O. Brannvoll, Brannvoll ApS, Denmark The EUA price saw a sharp drop below EUR80/t to major support at EUR77/t, pressured by lower gas and coal prices. After complia...
Sika continues Indian expansion
Sika is opening a new plant in Kharagpur, eastern India, as it continues to expand its production capacity in the Indian market. The plant will manufacture mortar products, co...
Aggregates Europe - UEPG joins Concrete Europe
Aggregates Europe – UEPG , which represents the European aggregates Industry in Brussels, has joined Concrete Europe as an associate member. According to Aggrega...
GCCA shortlists 15 start-ups for Innovandi Open Challenge
Fifteen start-ups have been shortlisted by the Global Cement and Concrete Association (GCCA), from a global list of applications, for its pioneering Innovandi Open Challenge s...
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