News
The company’s board approved an investment of Rs 4,335 crores to scale up the production capacity from 20.0 Mta to 27.6 Mta by FY 2028-29.
The Cimpor project to modernize the production line of kiln at the Alhandra cement plant in Portugal is on schedule.
Iranian media report shows cement and steel factories across the country have been ordered to halt their production for the next two weeks starting May 15th to control demand for electricity.
IVI Holding has officially kicked off the investment to establish a 6,000 tpd cement plant in the Al-Muthanna Province in Iraq.
As the report mentions, it was positive start to the year with sales up by 2.4% at €638.4m. EBITDA showed growth of 11.7%, reaching €122.6m.
Heidelberg Materials has made a very good start to the 2025 financial year. The company increased its revenue by 5% to EUR 4,715 million (previous year: EUR 4,488) in the first quarter. The result from current operations rose by EUR 3 million to EUR 235 million (previous year: EUR 232).
India’s Wonder Cement inaugurated the 5th 8500 tpd kiln line at the Nimbahera cement plant in Rayasthan and increased the clinker capacity of the plant to about 13.6 Mta.