News
India’s Nuvoco Vistas announced the acquisition of Vadraj Energy in a strategic move to strengthen its captive power capabilities for its cement plants.
India is introducing a new policy aimed at expanding freight transportation by rail as part of the growing demand for cement delivery in bulk. The new rate for bulk cement has been rationalised to Rs 0.90 per tonne per km. Earlier, it was based on different distance bands.
The company said that the contract value is SAR 24.19 million, which exceeds 9 % of the company's total revenues according to the latest audited financial statements.
Titan Egypt, a part of Titan Materials, has announced the expansion of its production capacity by 1 million tons of cement per year and an increase in the use of alternative fuels during kiln firing.
India is one of Russia's key partners. Over the past 5 years, the volume of mutual trade has increased almost 7 times. In the first 8 months of 2025, imports from India increased to $3.7 billion.
Iran has started exporting clinker to Turkey by rail from the Hashtgerd station, located near the cement plant in Abyek.
Q3 result increases by 5 % to 1,179 million EUR (previous year: 1,124).