Saudi Arabia’s cement dispatch in January in the plus
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.
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Australia’s Seven Group bid for full Boral takeover
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,…
Kazakhstan’s Jan. cement production recovered
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.
Peru’s cement production slightly recovered
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%.
Holcim to produce calcined clay cements in Mexico
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 Colombia buys clean power to reduce scope 2
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…
Cambodia’s annual cement production massively declined
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%
Zambia’s annual cement production increased by +8.4%
In 2023 in Zambia the cement production increased by +8.4% to 3.540 Mta, after 3.264 Mta in 2022. The cement capacity utilization increased from 49.3% to 52.8%.
JSW announced mega project in Odisha in India
The JSW Group announced to set up an integrated steel plant, a power plant, a port facility and a cement plant at Jagatsinghpur in Odisha, India, with an investment of Rs 65,000 crore. While the steel capacity is projected with…
Trinidad and Tobago’s cement production slightly up
In 2023, the annual cement production in Trinidad and Tobago slightly increased by +1.7% to 0,719 Mta, after 0.707 Mta. The cement capacity utilization increased to 59.9%.