Peru’s cement market contracts in January
Total cement dispatches in Peru fell by 16 per cent to 0.915Mt in January 2023 when compared with 1.088Mt delivered in January 2022, according to Asocem, the country’s cement a...
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CRH Ventures invests in Carbon Upcycling
CRH Ventures announced its investment in Carbon Upcycling Technologies (CUT), a company whose patented technology aligns closely to CRH Ventures’ circular, zero-waste sustainab...
Work accelerates on Slite CCS plant
Cementa ( Heidelberg Materials group ) is accelerating work to establish a full-scale carbon capture and storage (CCS) facility on Gotland, Sweden. The project, Slite CCS, ...
Holcim Spain invests EUR8m in AF at Toledo plant
Holcim España has invested EUR8m in expanding its alternative fuel facilities at its Villaluenga de la Sagra cement plant in Toledo, Castilla-La Mancha province. The investme...
Taiwan Cement fined for price fixing
Taiwan Cement Corp (TCC) is one of 18 firms fined a combined TWD213m (US$7m) for forming a ready-mixed concrete (RMC) price-fixing cartel, accord to Taipei Times. Since 2018 ...
Leilac signs MoU with Heirloom for direct air capture of CO2
Leilac, Calix's 93 per cent-owned subsidiary focussing on decarbonisation of cement and lime, has signed a Memorandum of Understanding (MoU) with Heirloom, a direct air capture...
Mir Cement to increase capacity by 2024
Bangladesh’s Mir Cement has announced plans to raise its production capacity to 5000tpd by 2024. According to New Age Business, the company, which currently produces ordinary...
Pan-United Corp wins Tuas Port low-carbon concrete order
Pan-United Corp Ltd is driving sustainable change in Singapore’s built environment with the use of 360,000m 3 of CO 2 mineralised concrete over a 2.5-year period for the Tuas...
Eurocement becomes Cemros
Eurocement has changed its name to Cemros. The rebranding is aimed at renewing the company on a new stage of development since its acquisition by Smikom in 2021 for around US...
Sika confirms record EBIT for 2022
Sika has reported a record-high operating profit (EBIT) for 2022, coming in at CHF1579.7m (US$1709m), up 13.5 per cent YoY. The EBIT margin for 2022 stands at 15.1 per cent, co...
Cement sales in Vietnam drop 39% in January
Domestic cement sales by Vietnam’s cement producers saw a 39 per cent YoY fall to 2.782Mt in January, reports VNCA, the country’s cement association. Of this total, VICEM sa...
Pakistan cement industry's exports fall in 7MFY22-23
Pakistan’s cement industry saw a negative export revenue trend on overseas dispatches in the 7MFY22-23 (July-January 2023), according to the country’s Federal Bureau of Statist...
Dalmia Cement reports 23% rise in revenue
Dalmia Cement (Bharat) Ltd has reported a 22.7 per cent YoY increase in revenue to INR33,550m (US$405.6m) in the 3QFY22-23 ended 31 December 2022. EBITDA over the same period...
Akçansa Çimento reports increase in revenue and profit
Turkey’s Akçansa Çimento has announced revenue of TRY8.9bn (US$471.7m) in 2022, compared to TRY2.87bn in the previous year. Net profit over the same timeframe has risen from ...
Plants reopen as Adani resolves freight rate dispute
Adani Cement has announced that ACC and Ambuja Cements will resume operations at two plants in Himachal Pradesh, India, after resolving issues over freight rates. Accordi...
Calderys and HarbisonWalker International appoint joint CEO
Following the completion of HarbisonWalker International (HWI)’s acquisition by Platinum Equity by way of a merger agreement, the global investment firm confirmed Calderys and ...
Vietnam cement market expands 8% in 2022
Cement sales in Vietnam declined nine per cent YoY and seven per cent MoM to 5.694Mt in December 2022, according to the country’s cement association, VNCA. Of this total VICE...
Confidence Cement issues shares for two new projects
Bangladesh-based Confidence Cement is planning to issue convertible preference shares worth BDT1500m (US$14.2m) to invest in associate companies and to repay a portion of its...
Cemento Melón signs UN Global Compact
Cemento Melón recently signed the UN Global Compact, the largest corporate sustainability initiative in the world, and has become the first Chilean cement producer to do so. ...
Bestway Cement completes Punjab brownfield line
General Counsel and Company Secretary of Bestway Cement Ltd (BWCL), Hassan Niazi, informed Pakistan Stock Exchange (PSX) that the company has completed the construction and ...
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