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Taiwan Cement fined for price fixing

Taiwan Cement Corp (TCC) is one of 18 firms fined a combined TWD213m (US$7m) for forming a ready-mixed concrete (R...

USG freight rates sharply down due to lack of cargoes

By Brannvoll ApS, Denmark The USG Supramax freight market was in free-fall throughout January amid a severe lack ...

Dalmia Cement reports 23% rise in revenue

Dalmia Cement (Bharat) Ltd has reported a 22.7 per cent YoY increase in revenue to INR33,550m (US$405.6m) in the 3...

Plants reopen as Adani resolves freight rate dispute

Adani Cement has announced that ACC and Ambuja Cements will resume operations at two plants in Himachal Prades...

Calderys and HarbisonWalker International appoint joint CEO

Following the completion of HarbisonWalker International (HWI)’s acquisition by Platinum Equity by way of a merger a...

Pakistan cement industry's exports fall in 7MFY22-23

Pakistan’s cement industry saw a negative export revenue trend on overseas dispatches in the 7MFY22-23 (July-January...

Sika confirms record EBIT for 2022

Sika has reported a record-high operating profit (EBIT) for 2022, coming in at CHF1579.7m (US$1709m), up 13.5 per ce...

Cement sales in Vietnam drop 39% in January

Domestic cement sales by Vietnam’s cement producers saw a 39 per cent YoY fall to 2.782Mt in January, reports VNCA, ...

Vietnam cement market expands 8% in 2022

Cement sales in Vietnam declined nine per cent YoY and seven per cent MoM to 5.694Mt in December 2022, according to ...

Confidence Cement issues shares for two new projects

Bangladesh-based Confidence Cement is planning to issue convertible preference shares worth BDT1500m (US$14.2m) to...