News
30.06.2023 11:24Vietnamese cement industry suffers financial losses during Q1
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
27.06.2023 10:00Derba Cement moves to resume ardent plant expansion
Derba Cement embarks on an ambitious plant expansion that will double its daily production to 150,000qtl upon completion. If realised, the company will be the largest cement producer in Ethiopia.
Region: Africa
Bulgaria’s Devnya Cement is on track to become the first cement producer in Eastern Europe with a zero carbon footprint, thanks to an innovative carbon capture and storage project it is about to implement. The project, valued at EUR 750 million, has already received EUR 190 million in financing from the EU Innovation Fund, according to local media.
19.06.2023 17:07$263M cement factory in Cambodia to start production soon
A new cement factory in Oral district in Kampong Speu province is scheduled to begin production soon, increasing the local market’s cement supply by two million tons. This will bring the total number of cement factories in Cambodia to six.
05.06.2023 18:15Crowm Cement to increase capacity
Crown Cement PLC is going to increase its annual production capacity by 40 per cent this year by establishing its sixth manufacturing facility, which will turn it into the country's fourth largest cement manufacturer.
Region: Bangladesh
16.03.2023 13:51Holcim acquires HM Factory to enter precast market in Poland
Holcim acquires HM Factory, a provider of precast concrete solutions with net sales of CHF 18 million. Its solutions cover a wide variety of needs, such as walls, staircases and balconies. HM Factory is ideally positioned to capitalize on growth in industrial and residential construction. The company supplies Polish construction projects as well as exporting to Scandinavian markets.
Region: Poland
The Vietnam Cement Industry Corporation (VICEM) will ship a total of 6 million tonnes of cement and clinker to the Philippines from 2023-2025, as its demand for construction materials of various kinds is huge.
Region: Vietnam