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Anhui Conch in 2Q23 totals CNY6.8bn

Anhui Conch Cement ’s first-half net profit of CNY6.8bn   (US$932m) is lower than expected, falling 32 per cent YoY...

Taiheiyo to build new terminal in Philippines

Japan-based Taiheiyo Cement Corp (TCC) will build a new cement terminal in Calaca, Batangas, Philippines, to enabl...

Judge blocks acquisition of Tanga Cement in Tanzania

The proposed acquisition of AfriSam  subsidiary,  Tanga Cement , by Heidelberg Material 's  Scancem International ...

Heidelberg Materials sells Gambia terminal

Heidelberg Materials has completed the divestment of its Gambian business with the sale of its cement terminal in ...

Freight rates drifting lower after short rebound

By Brannvoll ApS, Denmark The USG Supramax spot freight market started the month on a strong note. Rates were ris...

EUA stuck in range trading – while UK price hits new low

 By Frank O. Brannvoll, Brannvoll ApS, Denmark Lack of political news kept the market in a range drifting slightl...

Petcoke discount falls sharply, energy complex rises driven by oil

By Frank O. Brannvoll, Brannvoll ApS, Denmark The fight against inflation is still the focus point for the US ...

A 24% fall in Pakistan cement exports in July 2023

Pakistan began the FY23-24 (July 2023-June 2024) by registering lower cement and clinker exports in value and volume...

Lucky Cement achieves another milestone for solar energy

Lucky Cement ’s GM Finance and Company Secretary, Faisal Mahmood, informed the Pakistan Stock Exchange (PSX) on 21 ...

Brazil’s way ahead

Despite Brazil’s strong economic performance in 2022, the outlook for 2023 is less optimistic. To reduce economic un...