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Petcoke falls from March peak

The price of coal stabilised just above US$90. Based on reports of OPEC+ to defend the US$70 price point, oil prices...

Heidelberg Materials advances sustainability goals in 2024

This week Heidelberg Materials released its 2024 Sustainability Report. In 2024, Heidelberg Materials successfully...

Cemex Ventures invests in Terra CO2

Cemex announced its most recent investment in climate-friendly and zero-carbon cement company Terra CO2, carried out...

CIF calls on Australian government to impose cement product carbon border tax

The Cement Industry Federation (CIF) in Australia claims that the government’s unwillingness to impose a carbon bord...

Misr Cement Group posts 136% jump in net profit

Egypt-based Misr Cement Group reported a net profit of EGP272m (US$5.38m) in 2024, up 136 per cent when compared w...

Algeria steps up Djelfa relaunch

Algeria’s Minister of Industry, Sifi Ghrieb, has instructed to accelerate the creation of a joint venture responsibl...

Gebr Pfeiffer wins Iraq MVR vertical roller mill order

Gebr Pfeiffer has received an order to supply a vertical roller mill (VRM) for Sanya International Co's Al Amir ceme...

Anhui Conch reports 25% drop in net profit in 2024

China based Anhui Conch Cement posted a 35.5 per cent drop in revenue to CNY91.03bn (US$12.55bn) in 2024 when compar...

CIMAF signs agreement for third line

CIMAF has signed a new agreement with Gabon’s Minister of Trade and SMEs, Parfaite Amouyeme Ollame, to strengthen ...

Heidelberg Materials to increase dividend by 10%

Heidelberg Materials plans to raise its dividend by 10 per cent to EUR3.30 per share for the 2024 financial year, ...

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