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US Trump Administration cancels decarbonation awards

NationalCement Lebec2

The short-sighted Trump administration has cancelled via the DOE awards totalling US$ 3.7bn that were announced during the Biden administration to support various carbon capture and decarbonization projects. However, the awardees may be able to appeal against it. The cancelled…

Germany’s cement price down -5.9% in 1Q 2025

Germany Price 1Q 2025

In the first quarter in 2025, the ex-works average cement prices in Germany (calculated from cement sales volumes and cement T/O) decreased by -5.9% YoY to 114.83 €/t, after 122.02 €/t in the same period last year and 114.65 €/t…

EBRD invests in Çimko Eurobond in Türkiye

Cimko Narli Fabrikasi

The EBRD (European Bank for Reconstruction and Development) is investing US$ 50 million in a US$ 300m Eurobond issued by Çimko Cimento ve Beton Sanayi, in Türkiye. Çimko operates 3 integrated cement plants in Kahramanmaraş/Narlı (photo), Adıyaman and Bartın as…