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Mangesh Verma appointed as CEO of Cimerwa

Cimerwa Plc, Rwanda’s largest cement producer, has announced the appointment of Mangesh Verma as its new CEO. Mr ...

Danucem orders Mercedes electric trucks

Danucem ( CRH ) and its logistics company, TransPlus, have been testing the fully-electric Mercedes Benz eActros 3...

China steps up drive for alternative fuels

China’s cement industry is in line to receive a new raft of legislation designed to encourage the drive away from fo...

Sudden recession fear sends oil and equity markets lower – petcoke now offering higher discounts

By Frank O. Brannvoll, Brannvoll ApS, Denmark The major equity market decline at the start of August, initiated b...

Supramax freight rates held at high levels, as demand/supply ratio balanced itself

By Brannvoll ApS, Denmark The USG Supramax spot freight market remained firm as demand stayed healthy, especially...

Carbon market trades within range, falling back with equity markets

By Frank O. Brannvoll, Brannvoll ApS, Denmark Following the French election the carbon market rose towards EUR71....

Kyrgyzstan sees acute cement shortage

The expansion of the construction market on an unprecedented scale has led to a critical cement shortage in Kyrgyzst...

Thailand-based Ratanarak Group buys out Jardine Cycle and Carriage’s Siam City Cement stake for US$354m

The Ratanarak Group has increased its stake in Siam City Cement to 71.88 per cent by buying out Singapore-based Ja...

First Gen Corp agrees to supply geothermal energy to Holcim Philippines' plants

First Gen Corp, a Philippines-based renewable energy company, has been chosen by Holcim Philippines to supply elec...

US and Puerto Rico cement markets contract in May

In May 2024 the USA and Puerto Rico reported a total of 0.56Mt of Portland and blended cement shipments, down 8.2 pe...

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