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In Panama, in the period from January to October 2023, in total only 0.152 Mt of grey cement have been exported, which is a YoY decline by -12.6, when compared to the same period in last year. In October 12550…
In Panama, in the period from January to October 2023, the cement production increased by +2.7% to 1.203 Mt, after 1.171 Mt in the same period last year. However, in October the production declined by -6.9% YoY to 0.114 Mt.
Qassim Cement Company (QCC) of Saudi Arabia made a transaction announcement to make an offer to Hail Cement Company’s (HCC) shareholders to acquire all shares of HCC in consideration for newly issued shares in QCC. HCC owns and operates a…
In Mexico, in the period from January to November 2023, the cement production increased by +1.7% to 38.012 Mt, after 37.371 Mt in the same period last year. In November the cement production increased by +1.0% YoY to 3.415 Mt.
Sinoma Overseas signed the first 28.2 MW photovoltaic power generation contract with Türkiye’s LIMAK Cement Group. The project is EPC based and will cover four plots of three cement plants of the LIMAK Group. The scope of work includes the…
In Peru in 2023, due to large overcapacities in the cement production, the cement imports further declined to 0.211 Mta (-21,9% YoY). However, the country has not been able to increase cement exports. On the contrary the exports declined by…
In 2023, Peru’s cement production declined by -13.6% to 11.494 Mta, after 13.196 Mta in 2022 and 12.855 Mta in 2021. The cement capacity utilization declined in 2023 to 61.6% from 79.0% last year.
Heidelberg Materials is hoping to produce America’s first carbon-free cement in the Edmonton plant (photo) in Canada. The CO2 in the exhaust gas of the plant will be captured in an absorption reactor to reduce CO2 emissions of 1.0 Mta…
Cement is booming in Malaysia! In the period from January to November 2023, the cement production increased by 16.3%, YoY to 20.689 Mt. In November the cement production alone increased by +28.6% to 2.442 Mt, after 1.899 Mt in November…
In 2023, in Kazakhstan the cement production improved by 0.5% to 12.151 Mta. after 12.088 Mta in 2022 and 12.649 Mta in 2021. Due to a cement capacity expansion by 1.5 Mta this year, the cement capacity utilization declined to…