Germany’s average cement price const. in July 2024
In July Germany’s average cement price has been nearly constant with 118.50 €/t, when compared to 118.62 €/t in July last year, after the huge price increase from the year before.
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Germany’s cement production -9.6% in 7 M 2024
In the first 7 months of 2024, Germany’s cement production declined by -9.6% to 13.810 Mt, after 15.271 Mt in the same period last year and 17.767 Mt in the year before.
Siam Cement Group suspends operations in Myanmar
Myanmar’s largest cement producer Siam Cement Group (SCG) from Thailand suspends its operations in the country due to several reasons. In recent years, SCG has become the leading cement provider in the country with commissioning the 1.8 Mta greenfield plant…
Saudi Arabia’s cement exports -12.2% in 8M 2024
In the first 8 months of 2024, Saudi Arabia’s cement exports declined by -12,2% to 1.283 Mt, after 1.462 Mt in the same period last year and 0.961 Mt in the year before.
Saudi Arabia’s cement dispatch const. in 8M 2024
In the first 8 months of 2024, Saudi Arabia’s cement dispatch is almost the same with 32.011 Mt as in the same period last year, when the dispatch declined -5.2% compared to the same period in 2022.
CRH Group expands in the Ukrainian cement sector
Ukrainian’s Antimonopoly Committee (AMCU) has approved CRH Ukraine’s acquisition of over 50% of the voting shares in Dyckerhoff Ukraine. However, AMCU outlined prerequisites for the acquisition, which involve the divestment of 25-28% of the shares to an independent investor, alongside…
Ghana’s cement production up +17.0% in 1H 2024
In the first half of 2024, Ghana’s cement production increased by +17.0% to 4.00 Mt, after 3.42 Mt in the same period last year and 3.60 Mt in the year before.
Pakistan’s cement consumption -11.4% in 8M 2024
In the first 8 months of 2024, Pakistan’s cement consumption declined by -11.4% to 23.541 Mt, after 25.569 Mt in the same period last year and 28.367 Mt in the year before.
Türkiye’s Çimsa to acquire UK’s Mannok business
Türkiye’s Çimsa, a subsidiary of Sabancı Holding, reached an agreement to acquire 94.7% of UK’s Mannok for an overall enterprise value of €330 million. The local Mannok’s (formerly the Quinn Group) leadership team will retain a 5.3% interest. Under the…
Pakistan’s cement exports up +15.1% in 8M 2024
In the first 8 months of 2024, Pakistan’s cement exports increased by +15.1% to 4.614 Mt, after 4.009 Mt in the same period last year and 2.405 Mt in the year before.