News
18.08.2023 17:57Prime Minister of the Kurdistan Region in Iraq Lays Foundation Stone of Erbil Cement Plant, Advocates for Local Employment
Masrour Barzani, Prime Minister of the Kurdistan Region, an autonomous region of Iraq, laid the foundation stone of a cement factory in the capital city of the Kurdistan region, Erbil.
Region: Iraq
18.08.2023 17:37Chinese company to build major cement factory in Iraq
Sama Samawa Industries Commissioner revealed an agreement with a Chinese company to establish a cement factory in Muthanna Governorate, southern Iraq. While stating that the production will reach 7,000 tons annually, the director of the Chinese company affirmed that the factory will be ready and operational by 2025.
Region: Iraq
18.08.2023 12:52EU Adopts Carbon Border Adjustment Mechanism Rules
The European Commission adopted on the 17th of August the rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase, which starts on 1 October of this year and runs until the end of 2025.
17.08.2023 06:35Russian universities need IT- construction training departments
IT-departments in specialized universities should help construction industry specialists with Russian software skills, said Mikhail Viktorov, the President of the National Association of Organizations in the Field of Building Information Model.
16.08.2023 17:52A solution to construction materials price growth: SGC (Siberian Generating Company LLC) plants increased fly ash sales by 9 %
As construction activity increases in the Siberian regions, demand for fly ash is growing. Its use helps reduce production costs without sacrificing quality. Since the beginning of 2023, thermal power stations in Novosibirsk and Barnaul have increased their fly-ash sales.
Region: Russia
16.08.2023 06:30Sinai Cement cuts consolidated loss by 22% YoY in H1
Sinai Cement Company (SCEM) posted a 22.12% year-on-year (YoY) drop in consolidated net loss attributable to the holding company for the first half (H1) of 2023, according to the consolidated financial income statement filed to the Egyptian Exchange (EGX) on August 15th.
Region: Egypt
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