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Cement industry declines 28 March 2024 access is only available to paid subscribers.","link":"1"}]A report released by Evergreen on March 28, 2023, the company's financial performance reflects a challenging year amidst industry shifts. According to analysis from China Cement Network,... Type: Article Category: Markets & Competition Steel sector struggles amid economic turbulence 27 March 2024 plaguing Bangladesh's steel industry (CW Group) The steel sector in Bangladesh faces turbulent times, according to the Financial Express. Despite substantial investments and a surge in demand over the years, exacerbated by the country's infrastructure... Type: Article Category: Other ABC Supply's Canadian expansion 27 March 2024 in August 2023, ABC bolstered its presence with the acquisition of Cedar Grove Building Supply in British Columbia. The financial details of the recent deal were not disclosed. All Canadian Building Products, established in 2004 by owner Kulwaren “Kal”... Type: Article Category: Construction News Cement giants thrive amidst economic challenges 27 March 2024 Africa reported remarkable profit surges and announced substantial dividend payouts totaling N609.549 billion for the financial year ended December 31, 2023. Financial statements revealed impressive revenue growth across the board, with Dangote Cement... Type: Article Category: Financial Cement giant's financial outlook unveiled 27 March 2024 shed light on the release of Tianshan Shares' 2023 annual report, shedding light on the company's financial status and industry performance. Tianshan Shares (000877.SZ) revealed a mixed bag of figures in its 2023 annual report. Despite achieving an... Type: Article Category: Financial Metsä Board shifts investment focus 26 March 2024 costs. The decision to forego the project, estimated to cost EUR 8 million, reflects the company's commitment to prudent financial management. In lieu of the Kaskinen investment, Metsä Board is redirecting its focus towards enhancing existing mills and... Type: Article Category: Europe & Central Asia Votorantim Cimentos' profit surge 25 March 2024 a remarkable surge in profit, more than doubling its net earnings, as reported by Época Negócios. In a significant financial update, Votorantim Cimentos disclosed a net profit of BRL 2.618 billion for the year, marking an impressive 128 percent increase... Type: Article Category: Financial Castor Maritime completes bulk carrier sale 25 March 2024 strategy. With this sale, the company expects to realize a net gain of approximately USD 2.0 million, contributing to its financial results for the first quarter of 2024. Notably, this divestment follows previous agreements to sell two other vessels,... Type: Article Category: Markets & trade Donghaitong Development inaugural report 25 March 2024 Insights into the company’s financial performance (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to Eworldship.com, Donghaitong Development, a prominent player in... Type: Article Category: Markets & trade Rising construction costs impact housing delivery 21 March 2024 costs. Despite these obstacles, housebuilders have managed to sustain housing delivery rates, albeit with significant financial pressure. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Construction ProAmpac expands with UP Paper Group acquisition 21 March 2024 expertise of both companies, facilitating the development of innovative and sustainable packaging products. While the financial details of the transaction remain undisclosed, ProAmpac, backed by Pritzker Private Capital and co-investors, expresses... Type: Article Category: Europe & Central Asia Corner Brook Pulp and Paper secures government deal 21 March 2024 development as the Newfoundland and Labrador government strikes a deal with Corner Brook Pulp and Paper (CBPP) to bolster financial stability for the province's struggling newsprint mill. The agreement entails Newfoundland and Labrador Hydro purchasing... Type: Article Category: North America Mitsui secures contract for Matarbari port equipment 21 March 2024 equipment, oversee terminal operations, and maintain security at the Matarbari deep-sea port in Chattogram, reports The Financial Express. The cabinet committee on government purchase approved the proposal, allocating Tk 7.994 billion for the entire... Type: Article Category: Equipment & technology UltraTech secures CCI approval for Kesoram acquisition 20 March 2024 Trust reflects the group's strategic intent to strengthen its holdings in Shriram Investment Holdings and bolster its financial services segment. This transaction underscores the shareholders' interest in favor of the exit, facilitating Shriram... Type: Article Category: Markets & Competition Gloomy construction sector plunges 19 March 2024 by economic fragility and stringent credit conditions, reflects a broader downturn in the real estate market and financial constraints hampering both projects and homebuyers. According to El Mercurio, the Monthly Construction Activity Index (Imacon),... Type: Article Category: Markets & Competition China's appetite keeps dry carrier rates afloat 18 March 2024 content you tried to access is only available to paid subscribers.","link":"1"}]According to the Financial Times, the dry bulk shipping industry is witnessing robust activity driven primarily by China's sustained demand for iron ore and coal, alongside... Type: Article Category: Markets & trade Cement prices decline amidst demand challenges 18 March 2024 prices in India witness a significant decline of 4.63 percent sequentially in the fourth quarter of the current financial year, reports NDTV. This reduction impacts the profitability of cement companies, especially amidst ongoing demand challenges.... Type: Article Category: Volume & Pricing DMCI ventures into cement industry 18 March 2024 and aid in cost management for its property arm. Sources indicate talks between DMCI and CHP are progressing, with financial considerations being paramount. Cemex's eagerness to divest aligns with DMCI's strategic interest. CHP, an affiliate of global... Type: Article Category: Markets & Competition SOCAR repaid loans to US banks ahead of schedule 15 March 2024 Insight into Azerbaijan's financial moves in energy trade (CW Group) According to Neftegaz.RU news agency, it was disclosed that the Azerbaijani company SOCAR successfully repaid a USD 1.3 billion loan to US banks ahead of schedule. SOCAR managed to... Type: Article Category: End-user Markets Gabon's government suspends duties and taxes on cement 15 March 2024 the suspension of duties and taxes on select goods and services, including cement, underscoring its commitment to easing financial strain on the populace. General Brice Clotaire Oligui Nguema chaired a pivotal meeting on March 11, 2024, outlining robust... 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