ACC Ltd records cement volume growth of 4%
ACC Ltd (ACC) (Adani Group) has announced the financial results for the quarter ended 30 September 2022, recording a cement volume grew of four per cent as compared to the s...
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Limestone and cement top Port of Green Bay's imports
September saw 190,083t of cargo shipped through the Port of Green Bay, Wisconsin, USA, bringing the total cargo shipments to 1.3Mt for the 2022 shipping season. Limestone and...
Philippines producers lose appeal to extend import duty
The Tariff Commission (TC) in the Philippines has declined an appeal by local cement producers to extend the customs duty on imported cement. According to the Manila Bulletin, ...
Adbri CEO and MD step down
Adbri ’s chief executive office and managing director, Nick Miller, is stepping down. Mark Irwin, senior executive at the company, has been appointed as interim CEO. Accord...
Brazil's cement market contracts in September
Brazilian total cement sales declined by 3.8 per cent YoY to 5.5Mt, according to the country’s cement association, SNIC. Per working day, sales fell by 3.5 per cent YoY to 238,...
Shree Cement reports 67% profit drop
Shree Cement Ltd has reported standalone revenue of INR37,810m (US$458.8m) in the quarter ended 30 September, 2022. This compares to INR32,058m in the same period a year earl...
Portland Valderrivas to invest EUR6m in Sevilla plant
Cementos Portland Valderrivas expects to invest EUR6m in the construction of a non-hazardous waste processing plant and the renovation of its mining concession in Alcalá de ...
PCA's Roadmap to Carbon Neutrality - one year on
It is one year since the Portland Cement Association (PCA) released its Roadmap to carbon neutrality. America’s cement manufacturers have committed to the goal of reaching...
Raysut Cement reports loss during 9M22
Raysut Cement Co (RCC), announced its initial financial results (group consolidated) for nine months, which ended on 30 September 2022. It reported a loss after taxation of ...
TUC calls for Obajana plant reopening
The Trade Union Congress of Nigeria (TUC) has threatened the Kogi State government to unseal Dangote's Obajana Cement plant or be ready to contend its members. In a stat...
No back tracking on Europe's Green Deal
The introduction of the Carbon Border Adjustment Mechanism (CBAM), energy price rises and implementation of carbon capture, utilisation and storage (CCUS) across Europe have he...
Argentina’s cement consumption up 9% in September
Argentina’s cement market expanded 9.2 per cent YoY but contracted 1.1 per cent MoM to 1,212,814t in September 2022, according to the country’s cement association, AFCP. Dome...
Titan America digitises Pennsuco and Roanoke plants
Titan America has announced the successful implementation of digitalisation applications based on artificial intelligence (AI) and machine learning at its two cement plants,...
Indian profits forecast to decline
India’s cement producers are expected to report a decline in profits for the July-September 2022 quarter, according to Mumbai-based brokerage house KR Choksey. The brokerage p...
Carthage Cement reports 10% increase in 9M turnover
Tunisia-based Carthage Cement posted a turnover of TND262m (US$8.2m) at the end of September 2022, compared to TND239m in the 9M21, representing an increase of 10 per cent Yo...
UAE climate change ministry signs AF deal with cement companies
The UAE Ministry of Climate Change and Environment and Emirates RDF have signed Memoranda of Understanding (MoUs) with four cement companies – Fujairah Cement Industries , JS...
CEMEX Colombia and BBVA form Vertua customer alliance
CEMEX Colombia and BBVA in Colombia have formed an alliance that will allow the company's customers to access a sustainable line of credit with the bank to extend the payme...
FLSmidth signs its first sustainability linked funding agreement
FLSmidth has signed its first sustainability linked funding agreement to support the development of technologies and solutions with a sustainability profile. The loan is provi...
Steppe Cement CEO increases share
The family of Javier del Ser Perez, chief executive officer at Kazakhstan’s Steppe Cement , has increased its share in the company. Following the purchase of 300,000 ordinary ...
Heidelberg Materials submits CO2 reduction targets to SBTi
Heidelberg Materials has reconfirmed its 2030 carbon reduction targets, submitting them to the Science Based Targets Initiative (SBTi) for validation in line with the recently...
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