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The company achieved operating income of 6.5 billion yuan, rose by 5.52% year-on-year.

Consolidated net sales for the first quarter of 2022 increased by 15.7% to US$206.9 million from US$178.8 million in the first quarter of 2021. This was primarily due to higher cement and concrete volumes in the United Sates, increased concrete volumes in Mexico and a favourable price environment in both markets. Those were partially offset by lower cement volumes in Mexico.

On April 28, Anhui Conch Cement Co., Ltd. released the report for the first quarter of 2022.

Revenues up 23% in 1Q 2022, driven by new acquisitions and strong activity in South America

As part of its corporate commitment to embracing circular economy principles and reducing waste across its operations, Tarmac has signed a charter produced by The Pallet LOOP – an innovative scheme aimed at minimising the consumption of single-use pallets in the construction industry.

CEMEX announced the reopening of their second line at the San Pedro Macoris plant, its main cement operation in the Dominican Republic. This investment will increase production capacity by one-third and allow CEMEX Dominicana to serve its customers better in high-growth markets in the Caribbean.

With the pervasive single-use masks during the pandemic now presenting an environmental problem, researchers have demonstrated the idea of incorporating old masks into a cement mixture to create stronger, more durable concrete.