Argentina’s market contracts 1% in April
Cement sales in Argentina fell by one per cent to 1,028,656t in April 2023 from 1,039,320t in April 2022, according to the country’s cement association, AFCP. All cement was su...
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Argos reports record 1Q23 operating EBITDA
Argos recorded an operating EBITDA of US$127m in the 1Q23, the highest achieved in a first quarter in its history and 41.3 per cent higher than in the 1Q22. Regarding conso...
Holcim invests in Coomtech
Holcim invests in Coomtech, a cleantech start-up that offers an innovative low-emission kinetic drying technology for raw materials. Coomtech's technology combines low-carbon...
SCG reports domestic cement sales of THB50,800m in 1Q23
SCG reported its operating results for the 1Q23, showing a recovery across all business units, with increased sales and profits boosted by the revival of tourism and China’s...
Fletcher Building secures pond ash supply
Fletcher Building has teamed up with Genesis to use ash from Huntly Power Station as an alternative raw material in cement. This includes up to 20,000t of pond ash, also...
Prometheus Materials appoints Director of Product Management
Prometheus Materials team welcomes Leo Atencio as its new Director of Product Management. Leo is a leader in sustainable design products and sustainable construction with over ...
Andhra Cements reports income of INR1m in March 2023 quarter
India’s Andhra Cements Ltd (part of Sagar Cements Ltd ) has reported total income of INR1m (US$12,192) in the quarter ended 31 March 2023, compared to INR1.8m in the same per...
Attock Cement to sell its 60% share in Iraqi plant
Attock Cement Pakistan Ltd (ACL) is expected to hold an Extraordinary General Meeting (EGM) of the shareholders on 25 May 2023, to consider and, if deemed fit, to pass a re...
Orient Cement begins Devapur expansion
Orient Cement (part of the CK Birla Group ) has laid the foundation stone for the expansion of its integrated cement plant in Devapur , Adilabad District, Telangana. The IN...
Cementos Avellaneda starts Olavarría wind farm
Cementos Avellaneda ( Cementos Molins group ) has announced that it has starting the PECASA wind farm project together with YPF LUZ. This wind farm will supply sustainable ...
Irish Cement named as one of biggest polluters
Irish Cement Ltd (part of CRH ) has been named among Ireland’s biggest climate polluters, according to a report in the Irish Independent. The cement producer joins other hou...
Kenyan clinker imports set for additional tax
Kenyan producers of clinker are being boosted with the proposal to introduce a new tax as the State moves in to protect local industry. The export and investment promotion levy...
Osvaldo Ayres new global CEO Votorantim Cimentos, Marcelo Castelli new board member
Osvaldo Ayres Filho, Votorantim Cimentos’ current COO, has been promoted to the position of global CEO of the company. He succeeds Marcelo Castelli, who will become a member of...
Brazil bets on housing to revive the market
The outlook for Brazil's cement market remains uncertain following weak first quarter volumes, with demand falling 1.1 per cent to 14.6Mt over the firhst three months. This fo...
Kyzylkumcement announces large-scale modernisation plans
Kyzylkumcement, the leading cement producing plant of Uzbekistan and the flagship of UCG Holding , has presented detailed plans on its large-scale modernisation project and...
Italian cement production up 3% in February
Cement production in Italy increased by three per cent YoY in February 2023, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index...
Eagle Materials completes Martin Marietta cement acquisition
Eagle Materials has completed its acquisition of Martin Marietta ’s cement import and distribution business in northern California, which includes its cement terminal in Sto...
Bangladesh cement exports show an upward trend in 10MF22-23
Bangladesh has reported 38 per cent YoY growth in cement export revenue to US$10.72m in the 10MFY22-23 (July 2022-April 2023). This compares to US$7.77m in the same period a y...
Vulcan Materials' 1Q23 volumes hampered by poor weather
Vulcan Materials has reported revenue of US$1649m in the opening quarter of 2023, up from US$1541m in the same quarter a year earlier. Adjusted EBITDA over the same period has...
April's local cement dispatches fall, but exports rise
The All Pakistan Cement Manufacturers Association (APCMA) has warned about the fall of cement dispatches to local and overseas markets during April and 10MFY22-23 (July 2022-Ap...
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