News
10.11.2022 12:43Roanoke Cement to Triple Capacity at Chesapeake Terminal
Roanoke Cement Co. broke ground on a new $40 million storage dome and companion infrastructure at its Chesapeake Terminal, near Norfolk, Virginia. The dome will provide an additional 70,000 tons of capacity, tripling existing storage.
Region: USA
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
Ambuja Cement, now a part of Adani Cement, reported a 68% drop in standalone net profit at ₹138 crore for the quarter ended 30 September, 2022 (Q3FY23) versus ₹441 crore during the same period last year. Shares of Ambuja were trading at ₹513.70 apiece on the NSE, marginally down at 0.77% in afternoon deals.
Region: India
16.09.2022 09:37Holcim closes India divestment
Holcim has closed the sale of its business in India to the Adani Group, comprising its full stakes in Ambuja Cement at a share price of INR 385 and in ACC at a share price of INR 2,300, resulting in cash proceeds of USD 6.4 billion for Holcim. This transaction strengthens Holcim’s balance sheet and enables the company to continue its acquisition strategy, building on recent investments of over CHF 5 billion in Solutions & Products.
Region: India
MP Birla Group firm Birla Corporation plans to increase its cement production capacity by 50 per cent to 30 million tonnes per annum by 2030, the company said in its latest annual report
Region: India
02.09.2022 16:39Royal White Cement expands to Houston Ship Channel terminal
Royal White Cement has leased a site along the Houston Ship Channel for its second terminal in Houston in a deal that positions the company to grow its cement and construction materials business.
Region: USA
01.09.2022 14:04TCC is Taiwan’s First Large-size Manufacturer to Join EP100
Taiwan Cement Corp. (TCC) announced on becoming a member of Climate Group’s EP100 initiative. TCC is the first large-size manufacturing company in Taiwan and the fourth cement company in the world to pass the verification to become a member of EP100. TCC’s commitment includes adopting ISO 50001 Energy Management system and set the target to increase energy efficiency by 50% in 2040 compared to the base year of 2016.