Spain’s cement production down -8.1% in 8M 2024
In the first 8 months of 2024, Spain’s cement production declined by -8.1% to 11.398 Mt, after 12.400 Mt in the same period last year and 12.389 Mt in the year before.
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Türkiye’s cement production up +10.0% in 1H 2024
In the first half of 2024, Türkiye’s cement production increased by +10.0% to 40.595 Mt, after 36.889 Mt in the same period last year. However, in the 2nd half the YoY production declined, in June the YoY production even declined…
Heidelberg Materials strengthens presence in Morocco
Heidelberg Materials has signed a strategic agreement to acquire assets of Votorantim Cimentos in Morocco. Its subsidiary Ciments du Maroc will acquire the controlling stakes (63% of the shares) in Asment de Témara, a cement and ready-mixed concrete producer, and…
Egypt’s Helwan Cement commissioned a WHR-system
Helwan Cement, which is part of Heidelberg Materials Egypt, inaugurated a large US$ 25m waste heat recovery (WHR) system. The WHR system will reduce the CO2 emissions of the plant by 40 kt per year and generate up to 20…
Georgia’s cement imports up +25.3% in 7M 2024
In the first 7 months of 2024, Georgia’s cement imports increased by +25.3% to 0.688 Mt, after 0.549 Mt in the same period last year and 0.451 Mt in the year before.
Uzbekistan’s cement production +34.6% in 7M 2024
In the first 7 months of 2024, the cement production in Uzbekistan (by the large plants) increased by +34.6% to 9.079 Mt, after 6.745 Mt in the same period last year.
Greece’s TITAN Group to accelerate sustainable growth
Greece’s TITAN Group announced the launch of a sustainability-linked financing framework aligning the company’s financial strategy with its GHG emission reduction targets validated by the Science Based Targets initiative (SBTi). This Framework marks a pivotal step in accelerating the company’s…
Malaysia’s cement production up +15.3% in 7M 2024
In the first 7 months of 2024, Malaysia’s cement production increased by +15.3% to 15.766 Mt, after 13.670 Mt in the same period last year and 12.224 Mt in the year before.
Thailand’s cement production -7.0% in 7M 2024
In the first 7 months of 2024, Thailand’s cement production declined by -7.0% to 20.117 Mt, after 21.628 Mt in the same period last year and 22.176 Mt in the year before.
Cemex divests its operations in Guatemala to Holcim
Cemex sold its operations in Guatemala to the Holcim Group for a total consideration of about US$ 200m. The divested assets mainly consist of one grinding mill, three ready mix plants and five distribution centres. As of December 31, 2023,…