Cement News tagged under: Weekly Newsletter
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DG Khan Cement posts 6% YoY profit growth in 9MFY2423 April 2024, Published under Cement NewsDG Khan Cement Co Ltd (DGKC) announced its financial results for the 9MFY24 and 3QFY24 on the Pakistan Stock Exchange (PSX) website on 19 April. It posted a profit after tax (PAT) of PKR2.23bn (US$8.25m) compared to PKR2.11bn in the same period last year, up by six per cent YoY. However, during the 3QFY24 (January-March 2024), earnings remained consistent at PKR1.18bn. A cursory review of results from AHL Research depicts that the topline in the 9MFY24 arrived at PKR49.05bn, showing an... |
27th Arab International Cement Conference and Exhibition22 April 2024, Published under Cement NewsThe 27th Arab International Cement Conference and Exhibition (AICCE27), organised by The Arab Union for Cement and Building Materials (AUCBM), will be held in Laico Tunis Hotel, Tunisia, on 26 - 28 November 2024. More information can be found at: http://www.aucbm.net/ |
Cement consumption in Ukraine increased 17% in 202319 April 2024, Published under Cement NewsCement consumption in Ukraine rose by 17 per cent last year, up 5.4Mt compared to 2022, says Pablo Kachur, head of the country's cement association, Ukrcement Association. “A similar jump is not predicted this year, but we will probably get 6Mt of domestic cement consumption,” said the representative. Ukraine’s peak pre-war consumption was 10.6Mt (2021), according to The Global Cement Report, 15th Edition . This figure fell to 4.5Mt, following Russia’s invasion of the country in 2022,... |
Cemtech Europe 202418 April 2024, Published under Cement NewsCemtech Europe 2024 - Decarbonising the cement industry through manufacturing excellence Date: 29 September - 02 October 2024 Location: Hilton Warsaw City Hotel, Poland Cemtech Europe will take place in Warsaw, Poland. Once again, this major annual conference and exhibition will gather world experts in cement manufacturing technology, from state-of-the art technology suppliers to pioneering cement producers, who will share their expertise and insights into manufacturing e... |
First Graphene announces third trial at Breedon18 April 2024, Published under Cement NewsFirst Graphene will start the third trial of its PureGRAPH-CEM ® under full-scale production conditions at the UK’s largest cement producer, Breedon Cement . Following the start of the trial in the 1QFY24-25, the company expects to produce up to 1000t of graphene-enhanced cement at Breedon’s Hope Cement Works in Derbyshire, UK. The new product is based on a PureGRAPH ® grade with a particle size distribution and morphology optimised for use in cement grinding mills, which will enable ... |
Holcim Philippines invests US$35m in renewable energy18 April 2024, Published under Cement NewsHolcim Philippines has announced plans to spend PHP2bn (US$35m) over the next three years on co-processing and increasing its use of renewable energy. According to the company, the funds will be spread across its four plants in Bulacan , La Union , Davao and Lugait . Bulacan and La Union will receive the investment this year, with Davao and Lugait receiving the investment in the following year, reports The Philippine Star. The investments are intended to support activities such a... |
Almost 100 start-ups apply for CCUS Innovandi Open Challenge18 April 2024, Published under Cement NewsNearly 100 tech start-ups from across the globe have applied for a pioneering international programme that offers the chance to work with leading cement and concrete manufacturers on decarbonising the world’s most-used man-made materials. The Innovandi Open Challenge is run by the Global Cement and Concrete Association (GCCA), which is working with leading manufacturers on the industry’s net zero mission. The development of new technologies is a key part of the industry’s net zero road... |
Pakistan producers to add expiry dates to cement bags17 April 2024, Published under Cement NewsThe Competition Commission of Pakistan (CCP) has issued a Policy Note under Section 29 of the Competition Act, 2010 to the Ministry of Science and Technology and Pakistan Standards and Quality Control Authority (PSQCA). The Policy Note recommends an amendment to the Pakistan Standard Specification for all five types of cement and make it mandatory for cement manufacturers to disclose the ‘manufacturing/packaging and expiry/best before’ dates on their cement bags. CCP observed that ceme... |
Iranian cement exports rise 12% in under two years16 April 2024, Published under Cement NewsThe head of Iran’s Cement Industry Producers Association, Ali-Akbar Alvandian, said on Saturday that the country had exported 10.5Mt of cement in the first nine months of the Iranian calendar year 1402 (21 March-21 December 2023). He added, that in the previous year, 13Mt of cement had been exported. Alvandian noted that Iran produces about 90Mta, 60Mta of which is consumed domestically. Moreover, cement production in the country has grown 12 per cent since Ebrahim Raisi came to power in... |
Ambuja Cements acquires 1.5Mta Tuticorin grinding unit16 April 2024, Published under Cement NewsAmbuja Cements , part of the Adani Group , has signed a definitive agreement to acquire a 1.5Mta grinding unit from My Home Industries Group . The deal, which involves the Tuticorin facility in Tamil Nadu, India, has an estimated value of INR4137.5m (US$49.6m), which will reportedly be funded through internal accruals. The acquisition will take Adani Group’s total cement production capacity to 78.9Mta and will enhance the company’s coastal footprint across the southern markets of Tam... |