Cemex successfully converts kiln flue gases into nanomaterials
Cemex has announced that it has successfully tested a process that converts flue gases emitted by the cement kiln into carbon nanomaterials, thereby transforming ‘bad’ carbon...
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Flender completes Moventas acquisition
Drivetrain specialist Flender, has successfully closed the transaction to acquire Finnish wind turbine gearbox manufacturer Moventas, after receiving approval by the authoritie...
Holcim records 1Q22 net sales growth of 20%
Holcim announced net sales amounted to CHF6440m (US$6.72bn) in the 1Q22, up 20.1 per cent from CHF5362m recorded in the 1Q21. The company achieved double-digit net sales gr...
Oil falls after considerable release of reserves, coal rallies after EU sanctions and propels petcoke to new highs
By Frank O. Brannvoll, Brannvoll ApS, Denmark The markets were still firmly driven by any news from Russia’s war on Ukraine: peace talks will lead to a falling market whi...
BUA sees jump in profit following new plant
BUA Cement increased sales in the 1Q22 by 58.5 per cent to NGN97bn (US$233.4m) following the commissioning of its new 3Mta Kalambaina Line 4 . Other income surged seven time...
Lafarge (Wapco) Cement Plc records profit of NGN17.55bn in 1Q22
Nigeria’s third-largest cement producer, Lafarge (Wapco) Cement Plc , has released its 1Q22 unaudited results reporting a profit of NGN17.55bn (US$42.2m) during the period, r...
Cement Hranice sees 4% uptick in net profit in 2021
Czech cement producer Cement Hranice , owned by Dyckerhoff AG, increased its sales by 13.4 per cent to CZK2.037bn (US$89.8m) in 2021 when compared with sales posted in 2020. T...
Yanbu Cement acquires Yanbu Saudi Kuwaiti Paper Products Co
Saudi’s Yanbu Cement has acquired shares owned by Kuwait’s Shuaiba Industrial Co in its unit Yanbu Saudi Kuwaiti Paper Products Co for SAR32.3m (US$8.6m). The transacti...
The cement sector can't sit back on reducing CO2 emissions
This week Credit Suisse published a revealing study entitled 'Global Infrastructure and Construction', which looks into the current state of the global cement industry's effort...
Vietnamese market expands 25% in March
Total cement deliveries in Vietnam reached 7,110,132t in March, representing a YoY increase of 25 per cent and a MoM advance of 101 per cent, according to the Vietnam National ...
CRH reports 1Q22 revenue growth of 15%
CRH has reported 1Q22 revenues establishing a growth 15 per cent, up 13 per cent LfL. The Europe Materials division grew at 18 per cent in organic terms while the Americas...
Spanish cement consumption drops by 16% in March
Cement consumption fell by 15.5 per cent in March, to 1,164,416t, according to Oficemen, Spain's cement association. This figure represents a loss of 213,479t compared to the ...
JSW Group in discussions to raise funds to bid for Holcim's Indian operations
Sajjan Jindal-led JSW Group has initiated discussions with private equity (PE) firm Carlyle to join forces and back its bid for Holcim ’s Indian cement operations, said peo...
Cemex Ventures invests in Carbon Upcycling Technologies
Cemex Ventures ( Cemex Group ) is investing in Carbon Upcycling Technologies, a Canadian startup and global leader in developing carbon utilisation and grinding technologies fo...
Serbian cement industry faces fuel challenge
Serbia’s cement industry is being considerably impacted by the Russia-Ukraine war as the sector depends on high-calorie coal imports from both Russia and Ukraine for more than ...
Carthage Cement improves 1Q cement exports
Tunisia-based Carthage Cement has improved its export turnover in the first quarter of 2022. Exports were up 32 per cent YoY to TND65m (US$21.8m). The company’s total turno...
Polish cement sales forecast to decline
Cement sales in Poland are expected to decline to 19Mt in 2022 from 19.3Mt in 2021, according to the Polish cement association, SPC. However, the association predicts that sa...
Pakistan cement dispatches and exports slow in 9MFY22
Pakistan’s cement dispatches have slowed amid rising construction costs, a lower development budget and higher freight costs with 9MFY22 dispatches down six per cent, says Topl...
Cement prices in India face further rise
Following the price rise of imported coal, petcoke and crude oil due to the Russia-Ukraine war, cement prices in India are expected to increase by 6-13 per cent. In the last ...
Opterra orders 300GWh for renewable energy
Statkraft, Europe's largest producer of renewable energy, has signed a further power purchase agreement (PPA) with Opterra , one of Germany's leading cement manufacturers, on ...
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