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The JSW Group, one of India’s leading diversified business houses, is planning to take JSW Cement public this year and to raise RS 6,000 crores. The company has started discussions with eight investment banks (i-banks) to launch an initial public…
increase In Armenia, from January to November the cement consumption increase to 1.413 Mt. This is an increase by +31.2% compared to 1.077 Mt in the same period last year. The high increase in the consumption was achieved with 0.361…
In Armenia, from January to November 1.052 Mt of cement have been produced. This is an increase by +15.2% compared to 0.913 Mt in the same period last year. However, in November the production declined by -20.7% YoY to 0.087…
Sublime Systems selected Holyoke in Massachusetts, USA, for their first commercial manufacturing plant to produce 0.03 Mta of a new Portland cement. Today, the company operates a 1 tpd pilot plant to develop a true-zero carbon cement, which does not…
It has been reported that Andani’s Ambuja Cement signed a MoU to install 3 grinding plants in Tamil Nadu, Southern India, for an investment of RS 3500 crores. However, this has not been verified yet (red color). Verified have been…
Argentina’s annual cement production in 2023 decline by -3.2% to 12.557 Mta, after 12.976 Mta in 2022 and 12.117 Mta in 2021. This corresponds to cement capacity consumption of 67.9% in 2023.
Argentina’s annual cement consumption in 2023 decline by -3.0% to 12.498 Mta, after 12.889 Mta in 2022 and 12.011 Mta in 2021. In 2023 this corresponds to cement consumption (PCC) of 269 kg per capita.
In Kazakhstan, in the period from January to November 2023, 11.576 Mt of cement have been produced. This is a decline by -0.4% YoY. However after the first 3 quarters this year the decline has been still -2.0%. In November…
Saudi Arabia’s Eastern Cement Co. awarded Sinoma the contract for a new 10000 tpd kiln line in the Khurssniyah area on Abu Hadriyah Highway 145km north of Dammam. Prospective suppliers were invited to bid in March this year for the…
India’s ACC Limited, which belongs to the Adani Group, acquired the final 55% stake in Asian Concretes and Cements Private Ltd. (ACCPL, former ACL) at an Enterprise Value (EV) of Rs. 7.75 bn (US$ 93.2m) resulting in the entire ownership…