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Elementia USA turns down USD 50M bid for Dragon Cement plant 29 February 2024 Cement giant prioritizes distribution over manufacturing (CW Group) Elementia USA, owner of Thomaston's Dragon cement plant, steadfastly rebuffs a USD 50 million purchase bid from United States Cement's Michael Carlow. CEO Timothy Kuebler highlights a... Type: Article Category: Plant Expansions Fauji Cement's achieves robust performance in 1HFY24 26 February 2024 Financial gains pave the way for Fauji dominance (CW Group) Fauji Cement Company Limited emerges as a financial powerhouse, reporting a substantial profit of Rs5.27 billion in the first half of fiscal year 2024, showcasing a resilient performance... Type: Article Category: Financial Southern Province Cement anticipates a 13% increase in production costs 26 February 2024 Rising fuel prices pose challenges for Southern Province and City Cement (CW Group) Southern Province Cement Company anticipates a 12.5 percent surge in production costs due to increased fuel prices, signaling potential financial strains for the... Type: Article Category: Volume & Pricing Southern Cement commissions new clinker line 26 February 2024 Yangxiang's thriving industrial project signals economic surge (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]As Yangxiang charges into the new year with ambitions of... Type: Article Category: Plant Expansions Malayan Cement's remarkable 2Q profit surge 23 February 2024 AHIB predicts a bullish trend with strong operational strength ahead (CW Group) In a substantial financial leap, Malayan Cement Bhd reports an extraordinary over eightfold increase in net profit for 2Q24, reaching RM121.2 million, bolstered by robust... Type: Article Category: Financial Long Son Cement outlooks export boost for the US in 2024 23 February 2024 Strategic expansion spurs consistent shipments to the US market (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Long Son Cement Company, based in Thanh Hoa, Vietnam, has... Type: Article Category: Markets & Competition JK Cement concludes Toshali Cement acquisition 22 February 2024 Strategic move bolsters JK Cement's position in the industry (CW Group) JK Cement, one of India's leading cement manufacturers with a capacity of 20 million tons per annum, has completed the acquisition of Odisha-based Toshali Cement. This strategic... Type: Article Category: Mergers & Acquisitions Arabian Cement: new milestone with cement mills completion in Rabigh 22 February 2024 Revolutionizing production capabilities for a bright future (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]In a momentous achievement, the Arabian Cement Company (ACC) has... Type: Article Category: Plant Expansions Shree Cement boosts cement capacity in Uttar Pradesh with two new cement plants 21 February 2024 Landmark projects to catapult Uttar Pradesh's cement production (CW Group) In a significant milestone event, Shree Cement Ltd. revealed its ambitious plans for expanding cement capacity in Uttar Pradesh (UP). Managing Director Neeraj Akhoury shared the... Type: Article Category: Plant Expansions Hume Cement reports best performance since 2003 21 February 2024 The company achieves a 13-fold year-on-year increase in net profit (CW Group) Hume Cement Industries Bhd has delivered an outstanding financial performance in its 2QFY2024, with a staggering 13-fold year-on-year (y-o-y) increase in net profit, reaching... Type: Article Category: Financial Dynamis starts calcined clay project at Siam Cement's Ta Luang plant 21 February 2024 Revolutionizing cement production for a sustainable future (CW Group) Dynamis has secured an order to convert Siam Cement's existing clinker kiln line at the Ta Luang plant into an advanced calcined clay production line. Last week marked the initiation... Type: Article Category: Environment Dalmia Cement focuses on retail with new RCF Expert identity 20 February 2024 Top cement company Dalmia Cement rebrands for consumer-centric expansion (CW Group) In a strategic move led by Puneet Dalmia, Dalmia Cement is undergoing a significant transformation, according to Times of India. The company is rebranding as RCF... Type: Article Category: Markets & Competition CCP approves Lucky Cement's acquisition bid for National Resources 16 February 2024 CCP greenlights major merger boosting mineral exploration in Balochistan (CW Group) The Competition Commission of Pakistan (CCP) has given the green light to Lucky Cement and Fatima Fertilizer for the acquisition of a combined 66.66 percent stake in... Type: Article Category: Mergers & Acquisitions Qassim Cement gets approval for Hail Cement acquisition 16 February 2024 General Authority for Competition greenlights merger (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Argaam has reported that the General Authority for Competition (GAC)... Type: Article Category: Mergers & Acquisitions JK Lakshmi Cement secures 85% stake in Agrani Cement 16 February 2024 Strategic move bolsters JK Lakshmi's industry presence (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]JK Lakshmi Cement Ltd. has greenlit the acquisition of an 85 percent... Type: Article Category: Mergers & Acquisitions Yamama Cement posts a 14.5% decline in profit 14 February 2024 Discover the impact of profit on Yamama Cement (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] Yamama Cement Company recently disclosed its financial performance for the... Type: Article Category: Financial Gas Arabian Services secures deal with Yamama Cement 13 February 2024 Major agreement for gas pipeline and fuel supply boosts Yamama Cement's operations (CW Group) According to Zawya, the Gas Arabian Services Company has finalized a deal with Yamama Cement Company, outlining the procurement, construction, and fuel supply... Type: Article Category: Markets & Competition JK Lakshmi Cement profit soars 68% in Q3 09 February 2024 JK Lakshmi Cement surges following Q3 FY24 performance (CW Group) JK Lakshmi Cement has experienced a notable 68.50 percent surge in net profit and a 9 percent increase in revenue. In the latest financial report released on Thursday, JK Lakshmi Cement... Type: Article Category: Financial Bharat Hari Singhania resigns as chairman at JK Lakshmi Cement 09 February 2024 Chairman Emeritus and strategic advisor named in restructuring move (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Bharat Hari Singhania steps down as Chairman of JK... Type: Article Category: People Belarusian Cement's surge in aerated concrete block exports 09 February 2024 Belarusian Cement Company boosts block supplies to neighboring Russia (CW Group) Belarusian Cement Company has witnessed a remarkable surge in aerated concrete block exports to Russia, marking a 2.5-fold increase in 2023, as reported by BelTA. Amidst... 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