Start-up of Saipem's carbon capture pilot plant
The Hafslund Oslo Celsio CO 2 capture plant in Klemetsrud, Norway, has been started up with CO 2 Solutions technology provided by Saipem. This plant is the pilot of the ACCS...
Cement industry news
Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Mangalam Cement reports 43% uptick in income in 1QFY23
Mangalam Cement has reported a 42.9 per cent YoY increase in total income to INR5181.7m (US$65.13m) in the 1QFY23, compared to INR3625.1m in the same quarter a year earlier. ...
CEMEX expands trial of zero-emission concrete mixers
CEMEX is further developing its global pilot of electric, zero-emission concrete mixers in Europe. Tests of these vehicles were carried out in Poland, following initial trials ...
CBMI Engineering wins Algerian silo order
CBMI Engineering (Sinoma group) has signed a contract was signed with Lafarge Algeria (Holcim group) for the construction of cement storage silos at the Oggaz cement plant...
Birla Corporation hit by escalating fuel costs
Birla Corp Ltd has reported a 25.2 per cent increase in revenue to INR22,180.6m (US$278.8m) in the first quarter of FY22-23, despite tepid cement demand. However, profitabili...
US and Puerto Rican cement shipments increase in May
Total shipments of Portland and blended cement in the USA and Puerto Rico increased six per cent YoY to 9.7Mt in May 2022, according to the US Geological Survey (USGS). The lea...
Margins affected by 10% super tax
Pakistan cement companies listed on the Pakistan Stock Exchange (PSX) are scheduled to announce their financial results for FY21-22 in August-September. The cement industry has...
Northern Region Cement reports 9% drop in 1H net profit
Northern Region Cement Co posted net profits after zakat and tax of SAR48.09m (US$12.8m) in the first half of 2022, down 9.1 per cent from SAR52.9m in the 1H21. Revenues de...
CCI accuses Indian cement industry of antitrust violations
The investigations arm of the Competition Commission of India (CCI) has held top leadership of Holcim, ACC and Ambuja cement, market leader UltraTechCement and 17 other firm...
MPA reports slowdown in UK mineral product sales
The Mineral Products Association has remarked that a disappointing quarter for UK producers of mineral products raises concerns that widespread cost inflation for raw materials...
ETS review and CBAM indecision weigh heavily on Golden Bay Cement
As governments set out plans for decarbonisation, New Zealand could follow the stern example set by Sweden that included witholding a quarry permit from a well established ceme...
BUA Cement achieves net revenue of NGN188.6bn in 1H22
BUA Cement reported net revenue in the 1H22 up 51.7 per cent to NGN188.6bn from NGN124.3bn (US$452m), compared to the corresponding period ended June 2021. This included a...
The World Economic Forum's Net-Zero Industry Tracker 2022 is released
The World Economic Forum (WEF) has released its first Net-Zero Industry Tracker 2022 report. It states that cement demand is forecast to rise 46 per cent by 2050 and suggests t...
Zacua Ventures to receive CEMEX and CEMEX Ventures' investment
CEMEX and CEMEX Ventures are investing in a global early-stage venture fund, Zacua Ventures, which aims to tackle the construction industry’s biggest challenges in sustainabi...
Buzzi Unicem regional performances in 1H22
Buzzi Unicem reported positive development of deliveries in the United States, central Europe, Poland and the Czech Republic in the 1H22, as well as a continued slowdown in I...
Caribbean Cement reports drop in 2Q profit
Jamaica-based Caribbean Cement posted operating profit of US$28.2m in the 1H22, representing a two per cent drop YoY from US$28.8m. Net profit also slipped by two per cent ...
Carbon Clean makes new sales appointments
Carbon Clean has boosted its global sales team with appointments that cover Asia, Europe and the Middle East. Lim Beng Chong joins as sales director Asia-Pacific, based ...
Buzzi Unicem net sales rise 17% in 1H22
Buzzi Unicem recorded 1H22 net sales at EUR1880m, up 17 per cent compared to the 1H21 and EBITDA at EUR365m, an increase of 3.6 per cent on the 1H21. Favourable foreign excha...
GCC invests US$750m to expand Odessa capacity
GCC plans to invest US$750m to expand its production capacity at its plant in Odessa , Texas, USA. The project will increase cement production capacity by more than 1Mta a...
South Korea's cement prices rise again
Cement prices in South Korea will rise for a second time this year, leaving ready-mix concrete producers to find ways to lessen the impact, reports Korea JoongAng Daily. Sam...
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