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Northern Region Cement posts 5% increase in 2022 net profit

Revenues of Northern Region Cement Co in Saudi Arabia increased by 10 per cent to SAR617.95m in 2022 from SAR561.9...

City Cement reports drop in net profit in 2022

Sales of Saudi-Arabia-based City Cement saw a 13.1 per cent fall to SAR431.4m (US$115m) in 2022 from SAR496.7m in ...

Eastern Province Cement FY profit sees 26% drop

Full-year sales of Saudi Arabia’s Eastern Province Cement advanced 3.4 per cent to SAR784m (US$209.1m) in 2022 to ...

PPC seeking buyers for CIMERWA stake

South Africa-based PPC is looking to sell its shareholding in Rwandan cement producer CIMERWA . “PPC is selling i...

Ecebol plant expected to start up in June

Bolivia’s Empresa Pública de Cemento (Ecebol) expects to commission its new Potosí plant in June with the project ...

Adbri appoints acting chief financial officer

Adbri Ltd has appointed Dianne Mong to the role of acting chief financial officer, effective immediately. Ms Mong...

Industrial Demonstrations Program for decarbonisation launched in US

The Biden administration is directing US$6bn in funding to speed up decarbonisation projects in energy-hungry indust...

CCUS funding may be at the expense of existing decarbonisation solutions

The debate is intensifying about funding for carbon capture, utilisation and storage (CCUS) and whether more investm...

Akmenes Cementas to import SRF to replace coal

Lithuania-based Akmenes Cementas plans to import up to 200,000t of solid recovered fuel (SRF) each year, replacing...

Holcim supplies landmark Croatian tunnel

Holcim has supplied more than 120,000m 3 of its ECOPact low-carbon concrete to a tunnel project in Croatia, reduc...