Gilinski launches offer for sizeable Grupo Argos stake
In Colombia business tycoon Jaime Gilinski has launched a public acquisition offer for a sizeable stake in Grupo Argos. Mr Gilinski is seeking a stake of 26-32.5 per cent of ...
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HeidelbergCement India posts 7.2% uptick in revenue in FY22
HeidelbergCement India has recorded a one per cent YoY increase in revenue (net of taxes) to INR5867m (US$75.65m) in the first quarter of 2022. EBITDA over the same period has ...
Cementos Melon inaugurates new grinding unit
Chile-based Cementos Melón has officially inaugurated its new grinding unit about 8.5km north of Punta Arenas in the country’s southern Magallanes region. The new 0.25Mta p...
Holcim adds ready-mix company to its US portfolio
Holcim has acquired Cajun Ready Mix Concrete, the largest in its sector in the Baton Rouge metropolitan area, Louisiana, USA. The transaction will integrate Cajun's expertise...
Consultation set for Shoreham Cement Works redevelopment
The South Downs National Park Authority (SDNPA), UK, is launching an eight-week public consultation on how West Sussex’s largest brownfield site, the former Shoreham Cement Wor...
Howden opens new Hanoi office
Howden has opened a new office in Hanoi, Vietnam. The new office complements Howden's existing location in Ho Chi Minh City and brings greater access to the company’s procureme...
Shree Cement sees 4% increase in revenue in 1Q22
Shree Cement has reported a 3.9 per cent YoY uptick in revenue to INR40.99bn (US$527.8m) in the opening quarter of 2022. Sales volumes over the same period slipped two per ce...
Prices expected to fall after excise duty cut on fuel
The cut in excise duty on fuel by India’s government is expected to lead to price reduction for cement users as the cement industry saves on transport and freight costs, accord...
Bestway Cement Ltd plans greenfield Punjab plant
Bestway Cement Ltd has announced its plans to setup a greenfield cement plant with a capacity of 7200tpd of clinker in Punjab province, Pakistan, along with 9MW waste heat re...
Drake Cement inaugurates new finish mill
Ricardo Rizo Patrón, chairman of Skanon, the Board of Directors of Skanon Investments and Skanon CEO, Enrique Rozas, visited the Drake Cement plant on 11 May to inauguration ...
Cementos del Tajo starts rail transport for clinker imports
The Toledo company Cementos del Tajo (G2 Hormigón group) will transport clinker by train from the port of Cartagena in southern Spain to Noblejas (Toledo), central Spain. The...
Najran Cement reports 24% fall in revenue in 1Q22
Najran Cement Co has recorded a 61.41 per cent YoY decline in net profit in the opening quarter of 2022. Net profit after zakat and tax came in at SAR23.28m (US$6.21m) in the...
Nuvoco Vistas Corp sees 24% increase in revenue in FY21-22
India-based Nuvoco Vistas Corp has announced its audited financial results for the financial year ended 31 March 2022. Consolidated revenue from operations improved by 24 p...
Yanbu Cement sees 17% fall in 1Q22 revenue
Yanbu Cement has reported a 17.4 per cent YoY decline in revenue to SAR242m (US$64.53m) in the opening quarter of 2022. However, this was still above the SAR224m estimated by...
CMS sees 1Q revenues up by 6%
Malaysia-based Cahya Mata Sarawak Berhad (CMS) reported a revenue of MYR214.04m for the first quarter ended 31 March 2022, up six per cent YoY from MYR202.06m. Profit befor...
JK Cement 4Q net profit advances 36%
Indian cement producer JK Cement reported a standalone net profit of INR862.6m (US$11.1m) for the quarter ended 31 March 2022, representing an increase of 36.2 per cent when ...
Uzbekistan sees lower cement output and import in 1Q22
Uzbekistan produced 2.448Mt of cement in the first quarter of 2022, down from 1.949Mt in the 1Q22, according State Statistics Committee. In the January-March 2022 period Uzbe...
Cementos Molins to implement an energy management system
Cementos Molins Indusrials’ strategy in favours sustainability and the fight against climate change has recently entered a new stage with the decision to implement an Energy...
IKN commissions Matres-Tolosane clinker cooler
An IKN Pendulum Cooler ® successfully started operation early this year at Martres-Tolosane cement plant in France. IKN commissioned a 2500tpd cooler for a new produ...
Kolos Cement launches 'Retourn to Plastik' campaign
Kolos Cement in Mauritius has launched its 'Retourn to Plastik' campaign in the presence of officers from the Ministry of Environment, Solid Waste Management and Climate C...
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