News

As construction activity increases in the Siberian regions, demand for fly ash is growing. Its use helps reduce production costs without sacrificing quality. Since the beginning of 2023, thermal power stations in Novosibirsk and Barnaul have increased their fly-ash sales.

Sinai Cement Company (SCEM) posted a 22.12% year-on-year (YoY) drop in consolidated net loss attributable to the holding company for the first half (H1) of 2023, according to the consolidated financial income statement filed to the Egyptian Exchange (EGX) on August 15th.

Misr Cement – Qena (MCQE) has reported an 18.47% year-on-year (YoY) drop in consolidated profit attributable to controlling shareholders during the first half (H1) of 2023, recording EGP 43.747 million, compared to EGP 53.656 million, according to the financial statements filed to the Egyptian Exchange (EGX) on August 15th.

Cemex has updated its Sustainability-Linked Financing Framework to align with its more ambitious 2030 decarbonization targets, announced on November 2022 and validated by the Science-Based Targets initiative (SBTi) for alignment under their 1.5°C scenario, the most ambitious pathway defined for the cement industry.

Taking a bold step towards circularity and sustainable construction, Lafarge Canada, a member of Holcim group, announces the completion of the initial phase of its pilot project of ECOCycle Technology.

Cemex’s circular waste management business, Regenera, and DP World, a global leader in supply chain solutions, have signed an agreement for circular waste management solutions in the Dominican Republic.

Buzzi's Fanna cement plant in Friuli Venezia Giulia is taken over by Alpacem. Buzzi subscribes to a 25 % stake in the Austrian company Alpacem Zement Austria GmbH.