News
09.06.2023 16:25BUA Cement Gets $500m for Two New Production Lines
Nigeria’s second-largest cement producer, BUA Cement, has gotten a $500 million financing package from the International Finance Corporation (IFC) to develop two new production lines in Sokoto State.
Region: Nigeria
Holcim announces the successful completion of the largest 3D-printed affordable housing to date through 14Trees, its joint venture with British International Investment, the UK’s Development Finance Institution (DFI) and impact investor.
13.02.2023 18:02CEMEX reports double-digit top-line growth with record reduction in CO2 emissions in 2022
CEMEX announced double-digit top-line growth for 2022 and 4th quarter driven by a robust pricing strategy designed to recover margins. For 2022, EBITDA and EBITDA margin showed improving trends in 4th quarter. CO2 emissions declined by ~4.6% in 2022, the second consecutive year of record carbon reductions.
Region: Mexico
CEMEX announced that it is providing Vertua lower carbon cement for three high-profile renewable energy projects in Croatia and Bosnia and Herzegovina. The projects include wind farms in Croatia and Bosnia and Herzegovina and a hydropower plant in eastern Herzegovina.
Region: Bosnia and Herzegovina
16.12.2022 11:49Dangote Cement’s CDP Climate Rating Upgraded to B
Dangote Cement Plc (DANGCEM-NL), Africa’s largest cement producer, is pleased to announce that CDP has raised its rating from B- to B for the Company’s commitment to climate change. The rating upgrade indicates that Dangote Cement has addressed the environmental impact of its business and ensures good environmental management.
Region: Africa
11.11.2022 16:32Votorantim Cimentos Posts Net Revenue of R$7.6 Billion in the Third Quarter of 2022, a 19% Increase Over 3Q21
Votorantim Cimentos, a sustainable building materials and solutions company, ended the third quarter of 2022 with consolidated net revenue of R$7.6 billion, an increase of 19% compared to the same period last year. This result is primarily due to favorable price dynamics in all regions, which offset the slight drop in volume and the negative effect of the appreciation of the real against the euro on the consolidation of the results of operations abroad.
Region: Brazil
01.11.2022 12:21Dangote Cement Increases Sales By 6.2 % In Q3
Dangote Cement Plc has recorded an increase in the overall volume of cement sales by 6.2 percent to 20.8 Mt in the third quarter of 2022.
Region: Nigeria