USG freight market stabilised by end of year
By Brannvoll ApS, Denmark The USG Supramax freight market went through ups and downs in December. In the first half of the month, the USG segment showed a steady flow of fre...
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PCA 2022 Energy and Environment Awards announced
Winners of the Portland Cement Association's 2022 Energy and Environment Awards to recognise outstanding environmental and community relations have been announced. Submissions ...
GCC reports 7% EBITDA increase in 2022
Grupo Cementos de Chihuahua (GCC) reported net sales of US$289.7m in the October-December 2022 period, representing an increase of 12.3 per cent when compared with the 4Q21, ...
Udaipur Cement Works reports revenue growth
India’s Udaipur Cement Works Ltd has announced unaudited revenue from operations of INR2381.7m (US$29.13m) in the quarter ended 31 December 2022. This compares to INR2200.5m ...
Titan introduces low-carbon cements to southeast Europe
Titan Group has introduced three novel lower-carbon types of cement to the markets of Serbia, Albania and Kosovo, expanding its green offerings to southeastern Europe. In line ...
Orient Cement sees revenue improve
India-based Orient Cement Ltd has reported unaudited revenue from operations of INR7322.9m (US$89.6m) in the quarter ended 31 December 2022. This compares to INR6152.8m in ...
WCA appoints new directors
The World Cement Association (WCA) has appointed three new Directors: Fabien Charbonnel, CEO of Cem’In’Eu , Xu Gang, chairman of the Board of Maweni Limestone, VP and head of ...
Petcoke prices rising on growing demand while coal is falling as supply increases
By Frank O. Brannvol, Brannvoll ApS, Denmark lAs China reopens, oil is finding support, seeing a recovery in oil prices to surpass the US$85 mark. The warm winter in Europe ...
Coolbrook appoints SVP of Communications
Technology and engineering company Coolbrook Oy has announced the appointment of Jenni Schumacher to the position of SVP of Communications. Ms Schumacher has most recently l...
Lucky Cement increases profit by 23% in 1HFY21-22
Pakistan cement producer Lucky Cement Ltd has announced its financial results for the half-year ending 31 December 2022. It reported a profit after tax of PKR7.128bn (US$27.4m...
Aker Carbon Capture enters Finnish market
Aker Carbon Capture will deliver a pre-engineering study to the energy company St1 for the development of a carbon capture facility at Finnsementti ’s Lappeenranta cement pl...
UltraTech Cement to acquire majority share in Duqm Cement Project
UltraTech Cement Middle East Investments Ltd, (UCMEIL) a wholly owned subsidiary of the company in UAE, has released a statement signifying that it has entered into a share s...
CEMEX buys 51% share of Israeli recycling company
CEMEX has announced that it has acquired a 51 per cent stake in Israel-based SHTANG Recycle LTD, a construction, demolition, and excavation waste (CDEW) recycling company....
Clinker unloading at Polpaico’s Mejillones terminal suspended
Clinker unloading at Cemento Polpaico ’s Mejillones terminal in northern Chile will remain suspended at least until 1 August 2023 as Terminal Mejillones SA carries out repai...
Adani Group shares tumble amidst fraud claims
Gautam Adani, owner of the Adani Group , saw his fortune fall by US$20bn on Friday last week after investors withdrew from his companies amidst fraud claims made by a US inves...
US Portland and blended cement shipments up 4% in 11M22
Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico slipped to 9.3Mt in November 2022 when compared with November 2021, according to t...
Nepal cement production falls 70%
Nepal’s cement industry has cut production by up to 70 per cent due to a lack of demand, reports My Republica. According to the Nepal Cement Manufacturers Association, unless t...
Les Ciments de Bizerte reports 5% revenue drop in 2022
Revenues of Tunisia-based Les Ciments de Bizerte saw a five per cent decline to TND123.8m (US$40.1m) in 2022 from TND130.8m in 2021. Domestic revenues edged up by 1.6 per c...
Louisiana terminal receives Bruks Siwertell mobile ship unloader
Bruks Siwertell has delivered a new Siwertell road-mobile ship unloader for dust-free cement handling operations in Belle Chasse, Louisiana, USA for returning customer, CEM...
Dangote donates bags for agro-waste and alternative fuel payback
Dangote Cement’s Ibese plant has donated 25,000 of 100kg capacity bags for management of agro-waste in communities across Nigeria. Being burned or left rotten on the ...
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