Armenia’s cement imports surge +82.9% in 4M 2024
In the first 4 months of 2024, Armenia’s cement imports surged by +82.9% to 0.139 Mt, after 0.076 Mt min the same period in last year. April 2024 contributed to 0.051 Mt, which is a 84% YoY increase.
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India’s JK Cement increases share of renewable power
The green power mix of India’s JK Cement increased from 19% in FY20 to 51% in FY24, moving to green clean energy. Now, the green power capacity stands at 182.9 MW, of which 100.6 MW is from captive solar and…
Spain’s cement exports declined -17.5% in 5M 2024
In the first 5 months of 2024, Spain’s cement exports declined by -17.5% to 1.512 Mt, after 1.831 Mt in the same period in last year and 1.780 Mt one year before.
Spain’s cement production -12.7% in 5M 2024
In the first 5 months of 2024, Spain’s cement production declined by -12.7% to 6.898 Mt. after 7.898 Mt in the same period last year and 7.770 Mt the year before.
Brazil’s cement dispatch +0.8% in first 5M 2024
In the first 5 months of 2024, Brazil’s cement dispatch increased by +0.8% to 25.168 Mt, after 24.964 MT in the same period last year. However, in May the dispatch declined by -5.6% YoY to 5.273 Mt, after a severe…
India’s Adani stronger than ever with impact on cement
India’s Adani Group achieved a 45% EBITDA growth in FY 24, leading to INR 82,917 crore (about US$ 10 bn). 53.6% has been achieved in the utility sector, 20.75% in the transport sector, 9.15% in cement and 16.5% in other…
Ukraine’s cement exports increased +147% in 5M 2024
In the first 5 months of 2024, Ukraine’s cement export increased by +147.0% to 0.6105 Mt, after 0.2472 Mt in the same period in last year.
Pakistan’s cement consumption -7.6% in 5M 2024
In the first 5 month of the calendar year 2024, Pakistan’s cement consumption declined by -7.6% to 15.247 Mt, after 16.503 Mt in the same period 2023 and 18.592 Mt the year before.
India’s Adani Group buys Penna Cement
India’s Adani Group will acquire Penna Cement for Rs 10,422 crore. The deal includes the purchase of 100% shares of Penna Cement Industries Ltd (PCIL) from its current owners, P Pratap Reddy and family. PCIL has an operational cement production…
Pakistan’s cement exports +32.2% in 5M 2024
In the first 5 months in calendar year 2024, Pakistan’s cement exports increased by 32.2% to 2.980 Mt, after 2.254 Mt in the same period in last year and 1.579 Mt the year before.