Panama’s cement production down -10.3% in 11M 2024
In the first 11 months in 2024, Panama’s cement production declined by -10.3% to 1.161 Mt, after 1.294 Mt in the same period last year and 1.252 Mt in the year before.
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Türkiye’s Karçimsa Cement invests in a slag grinding plant
Türkiye’s Karçimsa Cimento will invest in a new 1.0 Mta clinker and granular slag grinding plant. Karçimsa is a joint venture between Beyçim Beton Sanayi ve Ticaret Ltd. Şti. (51%) and Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.Ş. (49%).…
Peru’s annual cement trade with more imports
In 2024, the cement imports by Peru increased by +28.9% to 0.272 Mta, while the cement exports declined by -8.4% to 0.131 Mta.
Peru’s annual cement production -3.0%in 2024
The annual cement production in Peru declined by -3.0% to 11.066 Mta, after 11.404 Mta in the last year and 13.196 Mta in 2022.
RHI Magnesita expands footprint in North America
RHI Magnesita announced completion of the acquisition of the US-based Resco Group, from an affiliate of Balmoral Funds LLC, North America. Resco has been in the refractory industry for over 75 years including steel and cements and operates 11 facilities…
Canada’s cement exports down -1.9% in 10M 2024
In the first 10 months in 2024, Canada’s cement exports to the USA declined by -1.9% to 3.688 Mt, after 3.758 Mt in the same period last year. From 2025 on they are higher taxed.
Türkiye’s cement consumption up +11.3% in 10M 2024
In the first 10 months in 2024, Türkiye’s cement consumption increased by +11.3% to 59.509 Mt, after 53.464 Mt in the same period last year and 44.213 Mt in the year before.
Cementos Progreso expands to Dominican Republic
Cementos Progreso Holdings’ expansion to the Dominican Republic with the acquisition of 100% of the Cemex’ operations in the country is fixed, meeting all legal requirements (we reported here about the agreement 6. Auguist 2024). The divested assets by Cemex…
Italy’s cement production down -1.7% in 11M 2024
In the first 11 months in 2024, Italy’s cement production declined by -1.7% to 17.316 Mt, after 17.616 Mt in the same period last year and 17.785 Mt in the year before.
Cement prices in Germany are almost stable now
In October 2024, the ex-works cement prices in Germany (calculated from cement volume and T/O) are almost stable at 118.07 €/t, after 117.22 €/t in June 2024.