Ramco Cements reports 51% advance in sales
India’s Ramco Cements Ltd has reported sales of INR25.59bn (US$309.3m) in the quarter ended 31 March 2023 (4QFY22-23), marking a YoY increase of 51 per cent. Sales of cement ...
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Southern Province places contract for two new lines at Jazan
Saudi Arabia-based Southern Province Cement Co has placed an order with Sinoma International Engineering Co for two new 5000tpd production lines at its Jazan cement plant. ...
JK Lakshmi Cement income hit by fuel expenses
India’s JK Lakshmi Cement has reported standalone total income of INR17,466.6m (US$211m) in the quarter ended 31 March 2023, compared to INR15,152.8m in the same period a yea...
New slide in oil pushing coal lower and petcoke below US$100 due to demand fears after new rate hikes
By Frank O. Brannvoll, Brannvoll ApS, Denmark IMF downgraded global growth to 2.8 per cent and warned of a “rocky recovery” due to inflation and falling demand. The US Fe...
Breedon completes three bolt-on transactions
Breedon Group plc has recently completed three bolt-on transactions with a combined enterprise value of up to GBP19m (US$23.6m). In Northern Ireland the acquisition of Robins...
Sanghi Cements results hit by finance costs
Sanghi Industries Ltd , which owns Sanghi Cement, has recorded total income of INR9478.1m (US$114.5m) in the year ended 31 March 2023. This compares to INR11,405.2m in the sam...
Can CBAM create a level playing field for CO2 emissions?
This week, Eurostat released the EU cement industry statistics for 2022. There has been little change from 2021 when EU27 imports of cement and clinker totalled around 9.5Mt, b...
CNBM and GCCA discuss decarbonisation and environmental protection
The Deputy Secretary of the Party Committee and General Manager of China National Building Materials (CNBM) Group, Li Xinhua, met with Thomas Guillot, CEO of the Global Cement...
DG Khan Cement to diversify into new cement export markets
Pakistan-based DG Khan is diversifying cement operations into new export markets, further enhancing the company's revenue mix. It recently delivered a 0.6Mt export order to the...
Breedon Group joins Peak Cluster project
Breedon Group plc has announced its involvement in the Peak Cluster project, a world-first initiative with key partners working together to create a net zero future for the ...
Lucky to add a new clinker line of 1.82Mt in Iraq
GM Finance and Company Secretary, Faisal Mahmood, of Lucky Cement Ltd ( Yunus Brothers Group ) informed Pakistan Stock Exchange (PSX) on 18 May that the company has made a 1...
Khayah Cement recovers with new VRM and dry mortar plant
Zimbabwe-based cement producer, Khayah Cement Ltd , has reported a 96 per cent YoY leap in sales volumes in the quarter ended 31 March 2023. According to the company, the stro...
ACC launches Bagcrete
ACC Ltd has launched Bagcrete, a pre-blended and high-quality concrete for all types of construction jobs. According to the company, Bagcrete was created to offer the best co...
SABIA commitments to achieve net zero CO₂ emissions
Hal Grodzins, chairman and CEO of SABIA, has announced that the company will expand its approach to the mining and minerals market by increasing its commitment and company res...
Flender opens expanded Voerde logistics and storage hall
Drive manufacturer Flender has officially completed construction work on the expansion of its site in Voerde, Germany, with the opening of its new logistics and storage hall f...
Buzzi Unicem changes name to Buzzi SpA
Italian-based Buzzi Unicem hs changed its name to Buzzi SpA as of 18 May 2023. The name change was ratified by an extraordinary shareholders meeting on 12 May 2023. ...
Lafarge Canada's carbon capture project enters final phase
Lafarge Canada has announced a tri-party agreement with Svante Technologies Inc and Dimensional Energy, Inc to bring a demonstration of Dimensional Energy’s carbon dioxide ut...
Shiva Cement's income tumbles as expansion plans continue
Shiva Cement Ltd , part of JSW Cement , has reported total income of INR34.74m (US$421,582) in the year ended 31 March 2023, compared to INR72.7m in the previous year. Financ...
Sagar Cements to commission new clinker line
Sagar Cements plans to commission its new clinker line at Andhra Cements Ltd (ACL) during the current quarter. This forms part of an INR4580m (US$55.6m) investment programme ...
Alicem Sro completes Cement Hranice clinker cooler project
Alicem Sro has successful fulfilled the guarantee conditions of the modernisation clinker cooler project in the Czech Republic. The contract included including a new kiln he...
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