Libya: The Libya Africa Investment Portfolio (LAIP) reported that its Misrata cement plant project will move forward, following the committee’s eighth meeting, reports the Libya Herald. The project ...
Switzerland: Holcim has announced its 2024 financial results, reporting record performance with full-year net sales of €28.2bn and an operating profit of €4.9bn. The company increased its use of ...
Nigeria: Lafarge Africa reported a profit after tax of US$67m for the 2024 financial year, up by 96% from the US$34.3m ...
Guyana: Vice President Bharrat Jagdeo has received complaints about ‘delinquent’ cement suppliers, stating that the ...
CRH invested US$5bn in mergers and acquisitions during 2024. It maintains a positive outlook for the 2025 financial year, forecasting a net income of US$3.7 – US$4.1bn and an EBITDA of US$7.3 – ...
Bangladesh: Chhatak Cement Factory has ceased production due to severe gas and limestone shortages, despite a modernisation ...
Spain: Molins has recorded a 22% year-on-year rise in net profit to €184m in 2024, despite market slowdowns and political ...
Peru: Cemento Yura has launched a premium white cement, designed to meet the increasing demand for architectural and decorative applications. The producer has a production capacity of 300,000t/yr, ...
A report published by Carbon Market Watch and WWF called for greater scrutiny to be placed on the scheme. Its argument is that the “current architecture of the EU ETS continues to reward heavy ...
The European Union (EU) is set to launch its Green Deal Industrial Plan, today, on 26 February 2025. It is the latest plan to help industry in the region reach net zero whilst remaining competitive.
Thailand: The ASEAN Federation of Cement Manufacturers (AFCM) has elected Chana Poomee as its president for a two year term from 2025 to 2027. He succeeds Yeoh Soo Keng in the role. Poomee has been ...
China: China Tianrui Group Cement has appointed Li Liufa as its chair. He succeeds Li Xuanyu in the role, who has resigned due to “other work commitments.” Li Liufa is the founder of Tianrui Group. He ...