News

Crown Cement PLC has decided to purchase fly ash from the Matarbari 2x600 MW Ultra Super Critical Coal Fired Power Plant to ensure smooth and regular production of cement
Region: Bangladesh
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
In a bid to strengthen its presence in the cement industry, Adani-owned Ambuja Cements is all set to acquire a majority stake in operations of Sanghi Industries, reported Reuters.
Region: India
Holcim completed the acquisition of the Cooper Standard Technical Rubber GmbH (CSTR), a leading manufacturer of highly durable and technical rubber products, which are used for roofing systems. Located in Mannheim, Germany, CSTR offers an innovative R&D department, state-of-the art production facility as well as an experienced team of 130 employees, who will fuel further growth of Holcim’s roofing business across Europe.
Region: Germany
UltraTech announced that it has partnered with World Economic Forum (WEF) Moving India initiative which was launched by WEF at the G20 Energy Ministers’ meeting in Goa.
Region: India
The Ministry of Construction said that production and consumption of some key construction materials in the first half of the year declined sharply.
Region: Vietnam
Asia Cement is in line with international standards, implements ESG, and establishes the highest ethical standards. At the end of last year, The Board of Directors officially approved an anti-bribery management policy. Recently, it has also acquired ISO 37001 certification for its anti-corruption management system.
Region: China

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