Birla Corp to raise INR1.5bn through NCDs
India’s Birla Corp is set to raise around INR1.5bn (US$20.3m) through secured unlisted redeemable non-convertible debentures (NCDs). As such, the company has approved the al...
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Southern India sees boost in cement prices
Cement prices in southern India have advanced around 18 per cent YoY to INR393/bag (US$5.3) in the 3QFY20-21, according to Motilal Oswal. On a QoQ basis, prices are flat as hik...
LafargeHolcim to invest CHF100m in Indian WHR projects
LafargeHolcim has announced a CHF100m (US$111.84m) investment in India for waste heat recovery systems. The investment will be completed across six sites over the next two year...
Aker Carbon Capture and Man Energy Services agree CCS and waste heat agreement
Aker Carbon Capture and Man Energy Services have signed an agreement to develop energy-efficient compression solutions for carbon capture and storage (CCS) applications with h...
Start-up of Scheuch's new baghouse at SCG Siam Cement
Siam Cement Group's (SCG) KK5 project in Thailand is now fully assembled. The project sees the commissioning of a new Scheuch bag filter. The leakage test and the precoa...
Iran's cement exports fall 24% YoY
The value of Iran’s cement exports in the first seven months of the current Iranian calendar year (20 March-21 October) reached more than US$163.4m, down 11 per cent compared t...
Production resumes at Sindri plant following protest
Production at ACC’s cement factory in Sindri, India, resumed on Tuesday with a police presence, a day after a clash between protesting villagers and police. The protestors h...
Mondi set to open Colombian plant in January
Mondi is expected to open a new paper bag plant in Cartagena, Colombia, in January 2021. It will be the company’s first in South America. South America is home to more than 25...
Dominican Republic cement industry targets 33% carbon reduction by 2030
The cement industry in the Dominican Republic will target a 33 per cent reduction of its carbon emissions by 2030 as it continues the implementation of best practices available...
Star Cement to invest INR4.5bn in new plant
India’s Star Cement has announced an INR4.5bn (US$61m) investment in Bengal through the construction of its new 2Mta grinding unit. It will be the company’s first facility i...
Cementos Cosmos invests EUR4.4m in PV plant
Cementos Cosmos, part of Votorantim Cimentos, plans to install a 6.2MW photovoltaic facility at its plant in Toral de Vados, Spain. The facility will consist of 14,028 solar pa...
Cement imports pile up at Karachi Port
Cement is quickly building up at the entrance to Karachi Port, as many of the deep-draught berths at the port are currently occupied by wheat-importing vessels. Consequently, ...
Climeworks' Orca project upscales to explore direct air capture for CO2 reduction
Climeworks' Orca project to create direct air capture (DAC) in Iceland has reached the next level where the DAC technology is combined with Carbfix's underground storage of ca...
Two of Uzbekistan's cement plants suspend production
Uzbekistan’s Kuvasaycement and Akhangarantsement cement plants have suspended the production of cement due to a decrease in gas pressure, according to Trend News. The Antimo...
South Valley Cement reports contraction in net loss
Egypt’s South Valley Cement has seen its net loss contract to EGP132.81m (US$8.48m) in the first nine months of 2020, compared to EGP173.97m in the year-ago period. The comp...
Colombian cement market expands 5% in October
Cement dispatches in Colombia increased 5.2 per cent YoY to 1.169Mt in October 2020 when compared with 1.111Mt delivered in October 2019, according to the national statistics a...
Riyadh Cement completes record kiln operation
Saudi Arabia-based Riyadh Cement Co has completed its longest kiln operation without interruption with 70 days of continuous operation (1676.67h) without any single minute int...
Turkish cement exports to Turkmenistan rise by 79% in 9M20
Cement exports from Turkey to Turkmenistan increased by 79.1 per cent from January through September 2020, compared to the same period in 2019, amounting to US$14.8m, the Turk...
Tanga Cement's Board Chairman forecasts strong infrastructure demand in 2021
Tanga Cement PLC's Board Chairman, Lawrence Masha, gave an upbeat outlook on the company's prospects because of the government’s heavy infrastructure projects and investments....
Breedon's asset disposal to complete shortly
The UK’s Competition and Markets Authority (CMA) has now accepted Breedon Group’s undertakings to dispose of certain assets to Tillicoultry Quarries. The company made the move...
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