News

Carib Cement, continues to report strong operating results, generating revenues for the third quarter of 2023 of J$7.0 billion, representing a 13.4 per cent increase when compared with $6.2 billion in the corresponding period of 2022
Region: Jamaica
Oman and Etihad Rail Company (OERC), the developer and operator of the UAE-Oman Rail Network, has signed a MoU with Emirates Steel Arkan, the largest steel and building materials manufacturer in the UAE, to facilitate the export of raw materials from the sultanate to the UAE
By the end of September this year, Uzbekistan will host the launching ceremony of the rotary kiln project of the China Energy Engineering Corporation, CEEC, for the construction of a clinker and cement production line with a capacity of 7,500 tons per day
Region: Uzbekistan
Cementos Argos announced it has entered into a definitive agreement with Summit Materials, Inc. under which the U.S. operations of Cementos Argos, Argos North America Corp, will combine with Summit in a cash and stock transaction valued at $3.2 billion.
Region: USA
Unacem, Peru’s largest cement company, has acquired a US plant for US$317mn, the company said in a market disclosure.
Region: USA
The Cement sector has successfully adopted a Track and Trace System, following directives from the Federal Board of Revenue (FBR). This system ensures real-time monitoring of cement production to ensure accurate tax calculations.
Region: Pakistan
Sagar Cements is focussed on improving the overall efficiency and utilisation levels of its recently acquired units, according to Joint Managing Director, Sreekanth Reddy.
Region: India

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