Panama’s cement production -13.2% in 1H 2024
In the first half of 2024, Panama’s cement production decreased by -13.2% to 0.653 Mt, after 0.752 Mt in the same period last year and 0.703 Mt in the year before.
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Bolivia’s cement production +6.3% in 1H 2024
In the first half of 2024, Bolivia’s cement production increased by +6.3% to 1.949 Mt, after 1.834 Mt in the same period last year and 1.810 Mt in the year before.
India’s UltraTech has raised a US$ 500m ‘green’ loan
India’s UltraTech Cement, which is part of the Aditya Birla Group, has raised $500 million (about ₹4,000 crore) through a sustainability-linked loan. Lenders for the financing procedure include Sumitomo Mitsui Banking Corporation (SMBC), SBI, BNP Paribas, DBS, MUFG and Mizuho.…
Germany’s cement production -10.8% in 1H 2024
In the first half of 2024, Germany’s cement production declined by -10.8% to 11.385 Mt, after 12.769 Mt in the same period last year and 14.919 Mt in the year before.
Russia’s cement prices further increase by +17% in 2024
Since June 2021 to June 2024, Russia’s cement prices increased by more than 60%. In June 2024 the average cement prices increased by 17.0% to 6514 Rub/t, after 5686 Rub/t in June 2023.
India’s Adani Group sells 2.8% of its share in Ambuja
Last Friday, India’s Adani Group sold 2.84 % of its equity capital in Ambuja Cement, which has a value of about US$ 500m. After the deal, the Adani family will still own 67.5% of the shares of the company. US…
Japan’s cement exports up +28.7% in 7m 2024
In the first 7 months of 2024, Japans cement exports increased by +28.7% to 4.559 Mt, after 3.542 Mt in rhe same period last year and 6.196 Mt in the year before.
Japan’s cement production down -2.6% in 7M 2024
In the first 7 months of 2024, Japan’s cement production declined by -2.6% to 26.566 Mt, after 27.288 Mt in the same period last year and 31.004 Mt in the year before.
Taiwan’s cement production -2.1% in 1H 2024
In the first half of 2024, Taiwan’s cement production declined by-2.1% to 4.945 Mt, after 5.051 Mt in the same period last year and 5.730 Mt in the year before.
Mexico’s Cruz Azul plans to expand its cement capacity
A 3000 tpd integrated plant shall be installed in the municipality of Seybaplaya, southwest of Campeche in Mexico, while a new grinding plant shall be installed in the Lagunas cement plant (photo) in Oaxaca. Cemento Cruz Azul plans investment costs…