News

The management of Nigeria’s second-largest cement manufacturing company, BUA Cement Plc, said it has commenced the process of obtaining loans for the expansion of its integrated plant in Kalambaina, Sokoto State.

Holcim has reported record sales on CHF14,681m (US$15,273m) in the first half of 2022, marking a 16.9 per cent increase YoY, driven by sales growth in all segments.

Cementos Pacasmayo S.A.A. and subsidiaries, a leading cement company serving the Peruvian construction industry, announced its consolidated results for the second quarter (“2Q22”) and the six months (“6M22”) ended June 30, 2022. These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and are stated in nominal Peruvian Soles.

Aditya Birla group firm UltraTech Cement reported a decline of 6.94 per cent in its consolidated net profit at Rs 1,582.02 crore in the June 2022 quarter, impacted by inflationary trends.

CEMEX, S.A.B. de C.V. (“CEMEX”) announced that CEMEX Ventures, its corporate venture capital and open innovation unit, is investing in COBOD, a global leader in construction-grade 3D printers. This investment is part of CEMEX´s strategy to deliver a superior customer experience enabled by digital technologies.

CEMEX announced that it has signed a power purchase agreement with ACCIONA Energía for the supply of clean electricity for CEMEX’s cement operations in Spain. The agreement strengthens CEMEX’s efforts to ensure a sustainable and reliable supply of energy while also providing cost certainty for its operations in Europe.