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The construction material manufacturer Salonit Anhovo, which is majority owned by the Austrian company Wietersdorfer Alpacem, is taking over the name of its owner. As the shareholders agreed at general meeting, the company will now be called Alpacem Cement Slovenia.
The maximum retail price of locally-manufactured cement will be reduced from Rs. 2,600 to Rs. 2,300 per 50kg bag with effect from today (July 06).
Decreased demand and increased costs have put Vietnamese cement makers in a difficult spot financially during the first quarter of 2023, said industry insiders and experts.
Region: Vietnam
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 five years after it kickstarted the digital transformation of the building materials industry with the launch of its end-to-end digital commercial platform, CEMEX Go, it is accelerating its evolution targeting 100% adoption across business lines and customer segments, and a fully automated experience with supply chain visibility.
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
In the first nine months of 2022, all of TITAN Group’s markets recorded strong sales growth, stemming from solid volumes, especially in cement, and from the realization of strong price increases.
Region: Greece
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