Your blog category
Ambuja Cements, which is part of India’s Adani Group, plans to build a new 4.0 Mta cement grinding plant at Motia Village in Jharkhand, in India’s Eastern region. The proposed greenfield unit will use fly ash from the Adani Power…
Turkey’s Limak Holding proposed an initial public offering (IPO) of its cement company Limak Doğu Anadolu Cimento (Eastern Anatolia Cement). The company intends to sell about 30% of its shares by the IPO with expectations to raise 2.5 billion Lira…
In January 2024, Saudi Arabia’s cement exports declined by -18.1% YoY to 0.177 Mt, after 0.216 MT in January 2023. However, the January cement exports show a very large up and down over the last few years, difficult to forecast…
Saudi Arabia’s cement dispatch in January 2024 increased by 3.6% YoY to 4.663 Mt, after 4.501 Mt in January last year. The recovery in the dispatch comes after an annual decline by -6.2% in 2023.
Australia’s Seven Group Holdings (ASX:SGH) has made a A$1.9 bn (US$1.24bn) bid to acquire the remaining 24.8% shares of Boral, Australia’s leading building products group. It has proposed a minimum of 0.1116 Seven shares and $1.50 cash per Boral share,…
In Kazakhstan, in January 2024 the cement production recovered by +9.6% to 0.375 Mt, after 0.342 Mt in January 2023 and an annual production increase by only +0.5% last year.
In Peru in January 2024 the cement production recovered with 0.924 Mt almost to last year’s level, after the massive annual decline in 2023 by -13.6%.
With its strategic investment of USD 55m at its Tabasco cement plant in Macuspana, Holcim Mexico will start for the first time the production of calcined clay cements (LC3) (we reported here 14.02.2024). However, Holcim did not release any information…
Holcim is committed to the transition towards renewable energies. In Colombia, Holcim uses electrical energy from 100% renewable sources in its Nobsa cement plant (Boyacá) and the Puente Aranda concrete plant (Bogotá). The electricity is purchased from Colombia’s 2nd largest…
In 2023, Cambodia’s cement production declined by 13.2% to 7.92 Mta after 9.13 Mta in 2022. The cement capacity utilization declined to 72.0%