News

CEMEX announced today continued solid top line growth, with third quarter Net Sales growing 13%. Pricing was the main driver with cement, ready-mix and aggregates, increasing double digits. EBITDA and EBITDA margin continued to be impacted by persistent inflationary headwinds that outpaced the company’s pricing efforts.
Region: Mexico
The company has posted volume growth of 10 per cent in its ready-mix concrete to 0.75 mt for the reviewed quarter, against 0.68 Mt in the corresponding quarter , against 0.68 Mt in the corresponding quarter the previous year.
Region: India
Saudi-based cement producer Al Jouf Cement Co. suffered a 74 percent decline in profits during the first nine months of 2022, due to a downward trend in cement prices and sales.
Region: Saudi Arabia
The US Department of Energy’s Solar Energy Technologies Office (SETO) has invested $4.1 million to accelerate the large-scale development and deployment of concentrating solar-thermal power (CSP) technology for industrial decarbonization and electrical power generation and storage.
Region: USA
estway Cement Limited, Pakistan’s 2nd largest cement manufacturer with an annual production capacity of 10.8 million tonnes, achieved another milestone. On Thursday, the company lit up its Kiln with 7,200 tonnes per day clinker capacity at its Greenfield Mianwali plant.
Region: Pakistan
Golden Bay Cement consumes three million waste tyres as part of developing EcoSure®, New Zealand’s lowest carbon GP cement.
CEMEX announced that it is part of a consortium that has received a grant from the European Commission to build a full-scale prototype of a floating offshore windmill with a concrete foundation. CEMEX will design and produce a unique high-performance and lightweight concrete for this unprecedented use in an optimized low-carbon structure for offshore windfarms.
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