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Shipping giant Zhengde's expansion saga 09 May 2024 Dive into Zhengde's industry outlook (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Zhengde (2641) revealed its robust first-quarter performance, reporting a notable... Type: Article Category: Markets & trade Heidelberg Materials unveils 1Q24 financial results 08 May 2024 Decarbonization initiatives and expansion drive success (CW Group) Heidelberg Materials commences the 2024 financial year with resilience, despite a decline in revenue. The company's focus on profitability, strict cost management, and strategic... Type: Article Category: Financial Chilanga Cement starts lime production at Ndola plant 08 May 2024 (CW Group) MSN writes that Chilanga Cement PLC has initiated lime production at its Ndola plant, marking a significant expansion effort with a USD 5 million investment. The company introduces its latest offering, 'PAWA Lime,' specifically designed for... Type: Article Category: Plant Expansions Turkmenistan's President unveils second stage of Baherden plant 08 May 2024 President Serdar Berdimuhamedov inaugurates Baherden cement plant expansion (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Turkmenportal writes that President Serdar... Type: Article Category: Plant Expansions Lucky Cement celebrates its first cement shipment to Comoros 08 May 2024 This marks the first-ever bulk vessel of cement loaded by the company, underscoring its commitment to innovation and expansion in the global market. Victor Shipping Middle East was responsible for shipping it to Comoros under the leadership of Captain... Type: Article Category: Markets & Competition US LBM expands presence with California acquisition 08 May 2024 its capabilities and widening its customer base in the region. This acquisition marks a significant step in US LBM's expansion strategy, reinforcing its commitment to providing quality building materials and services to customers across the United... Type: Article Category: Other Innovative sustainable building materials 08 May 2024 its portfolio of green solutions and the establishment of Southeast Asia's first CLT production line. With plans for expansion and modernization, the corporation underscores its dedication to fostering a sustainable operating cycle and advancing the... Type: Article Category: Other TopBuild announces acquisition of insulation work 08 May 2024 agricultural market. The acquisition, expected to conclude this May, underscores TopBuild's commitment to strategic expansion within its core insulation business. Robert Buck, President and CEO of TopBuild, highlighted the significance of integrating... Type: Article Category: Other Nine Dragons Paper plans major capacity expansion 08 May 2024 strategy (CW Group) Nine Dragons Paper, a prominent player in China's paper industry, is set to embark on a significant expansion of its manufacturing capacities. This strategic move underscores the company's commitment to enhancing its production... Type: Article Category: China Supremex expands with Forest Envelope acquisition 08 May 2024 in terms of enhanced access and diversified solutions. Supremex's acquisition of Forest Envelope signifies a strategic expansion initiative aimed at strengthening its foothold in the U.S. market. With a focus on seamless integration and customer... Type: Article Category: North America Cemtech submits environmental assessment report for clinker factory in Kenya 07 May 2024 a KES 29 billion clinker factory in West Pokot, capable of producing 6,000 metric tons of clinker daily. Raval's expansion plans align with Kenya's implementation of high taxes on imported clinker, incentivizing local manufacturing. Through the Finance... Type: Article Category: Environment Botswana to ban cement imports 07 May 2024 The country hosts three cement manufacturers, including PPC Botswana, Kago Phepa, and Cheetah Cement, with plans for expansion and increased production capacity. In 2023, cement imports dominated by Portland Cement totaled BWP 745.5 million,... Type: Article Category: Markets & Competition Heidelberg Materials seals Mick George acquisition 07 May 2024 concluded the acquisition of Mick George Ltd, a significant move highlighted by Agg-Net. The acquisition marks a strategic expansion for Heidelberg Materials, consolidating their presence in the recycling and waste-management sector. The acquisition of... Type: Article Category: Construction Ascent invests in Dune Packaging's growth 07 May 2024 Investment fuels Dune Packaging's expansion (CW Group) Global paper packaging manufacturer Dune Packaging has welcomed a minority equity investment from Ascent Rift Valley Fund II, marking a significant development in its growth strategy. The... Type: Article Category: Global Arauco's green light for factory construction 07 May 2024 Major milestone reached for Arauco's expansion plans (CW Group) [PAID={"id":"9,10,11","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]The government has granted Arauco the license to commence construction on... Type: Article Category: South America United Marine Egypt orders two bulk carriers from New Dayang 07 May 2024 for delivery in 2027, with a combined cost of approximately USD 70 million. This order marks a significant step in UME's expansion plans within the bulk carrier ownership sector, signaling confidence in the market's potential and future growth... Type: Article Category: Markets & trade Expansion plans for Taman Port 07 May 2024 figure. Moreover, the projects generated 5.1 thousand new jobs, reflecting a 1.45-fold increase compared to 2022. The expansion of the Taman port and industrial park aligns with broader economic development efforts in the Kuban region, promising to... Type: Article Category: Ports & handling Ince Shipping's ultramax acquisition 06 May 2024 growth and modernization in its fleet composition. This latest acquisition underscores Ince Shipping's commitment to fleet expansion and modernization, positioning the company for enhanced competitiveness and efficiency in the bulk shipping industry.... Type: Article Category: Markets & trade CRH has invested USD 80 million in Ukraine during the conflict 06 May 2024 creation and bolster state revenues. Despite the challenges posed by the war, CRH remains committed to investing in the expansion of production, anticipating growth in the Ukrainian cement market, particularly with prospects of EU accession. CRH's... Type: Article Category: Markets & Competition Heinzel launches new paper machine in Steyermühl 06 May 2024 Expansion boosts production capacity in Austria (CW Group) Pulpapernews.com reports that Heinzel subsidiary Zellstoff Pöls has initiated the commissioning of a new paper machine at its Steyrermühl site in Austria, marking a significant advancement in... 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