News

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.
Region: Egypt
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.
Region: Egypt
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.
Region: Mexico
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.
Region: Canada
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.
Region: Italy
Heidelberg Materials has entered into an agreement with the Levy Group of Companies to secure a consistent supply of slag granules to produce high-quality slag cement at its Speed, Ind., facility.
Region: USA
Shosholoza Cements (Pty) Ltd (“Shosholoza”) will build, own and operate a R500 million compact cement grinding plant in the Bojanala Special Economic Zone (SEZ) in Mogwase, North-West producing cement products for sale to the surrounding market up to a 300km radius.
Region: Africa
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