Saudi Crown Paper Mill expands with Valmet investment

19 March 2024 has announced its decision to invest in a second Valmet’s Advantage DCT tissue line, according to Zawya. This strategic investment aims to meet the growing consumer demand for high-quality tissue products with minimal environmental impact. Scheduled for...

• Type: Article
• Category: Middle East & Africa

Iron Ore's turbulent journey

19 March 2024 dropped by 2.9 percent to USD 97 a ton in Singapore, only to rebound thereafter. While China's factory output and investment showed resilience, steel production saw minimal growth in the first two months. The iron ore market remains challenged, with...

• Type: Article
• Category: Other

Canada boosts Thunder Bay port capacity

19 March 2024 Major investment fuels grain storage expansion (CW Group) Canada's commitment to bolstering the Port of Thunder Bay's capacity receives a significant boost with a CAD 6.7 million investment, informs Transport Topics. The funding targets key projects...

• Type: Article
• Category: Ports & handling

Chancay multipurpose port: Peru's gateway to global trade

19 March 2024 Cosco Shipping Ports Limited (CSPL) in collaboration with Peruvian Volcan Compañía Minera, showcases a significant investment in the maritime infrastructure sector. Boasting a strategic positioning on the central coast of Peru, the port anticipates...

• Type: Article
• Category: Ports & handling

China's cement demand to continue declining

19 March 2024 a 60 percent profit decrease last year, attributing it to the sustained downturn in China's real estate development investment. President Jing Shiqing notes that government interventions in the property market have yet to offset the impact on the cement...

• Type: Article
• Category: Markets & Competition

Taiwan Cement commits to low-carbon future

19 March 2024 plans to exclusively produce and sell low-carbon cement and concrete by 2026. The company recently finalized its investment expansion in Turkey and Portugal, marking a significant milestone in its journey towards sustainability. Taiwan Cement, through...

• Type: Article
• Category: Environment

Mayr-Melnhof boosts capacity with investments

18 March 2024 challenges while leveraging its strengthened position to sustain growth and profitability. Mayr-Melnhof's significant investment underscores its commitment to innovation and competitiveness in the packaging industry. By strategically allocating funds to...

• Type: Article
• Category: Europe & Central Asia

TWP Strategic Holdings acquires Crane Stationery

18 March 2024 Investment reshapes stationery industry landscape (CW Group) WP Strategic Holdings, a private consulting and investment firm based in Albany, New York, has completed the acquisition of Crane Stationery, according to Paper Age. The terms of the...

• Type: Article
• Category: North America

VPK's eco-revolution in Normandy

18 March 2024 capacity of 500,000 tons of lightweight recycled containerboard, ranging from 70 to 135 grams per square meter. VPK's investment not only enhances the mill's environmental performance but also catalyzes industrial and economic growth in the Normandy...

• Type: Article
• Category: Europe & Central Asia

Ence looking to modernize Pontevedra factory

18 March 2024 plant's capabilities for producing innovative cellulose-based products, potentially replacing plastics. The comprehensive investment plan, subject to public consultation, encompasses environmental enhancements throughout the cellulose manufacturing...

• Type: Article
• Category: Europe & Central Asia

Metsä's plans for tissue mill in Goole

18 March 2024 in Goole, East Yorkshire, UK, writes Tissue Online. Set to be the largest of its kind in the country, Metsä's proposed investment in Goole marks a historic stride, potentially amounting to hundreds of millions of pounds. If granted planning and...

• Type: Article
• Category: Europe & Central Asia

Russell Roof Tiles' sustainability leap

18 March 2024 towards net zero goals (CW Group) Russell Roof Tiles is making significant strides in sustainability with its latest investment project at its Burton on Trent plant, as reported by Building Design & Construction Business. The GBP 18.5 million investment...

• Type: Article
• Category: Concrete & Brick

SHERA establishes Philippines manufacturing plant

18 March 2024 floors, and walls, catering to the growing demand in the construction sector. This move not only signifies a significant investment in the Philippines' construction industry but also highlights SHERA's strategic approach to capturing emerging market...

• Type: Article
• Category: Plant Expansions

DMCI ventures into cement industry

18 March 2024 the Philippines, with renowned brands like Island, Rizal, and APO. DMCI's foray into cement complements its diversified investment portfolio spanning construction, real estate, mining, power generation, and water distribution.[/PAID] Copyright CW Group....

• Type: Article
• Category: Markets & Competition

MAPEI factory revolutionizes building materials industry

15 March 2024 Squinzi, owner of MAPEI International Group, emphasized sustainable growth strategies, highlighting Portugal's promising investment potential in sectors like renewable energy and technology. Carla Santos, General Director of MAPEI Portugal, outlined the...

• Type: Article
• Category: Other

Spain: cement consumption and exports face continuous decline

15 March 2024 Director General of Oficemen, highlights worries about the continuous decline in consumption and warns of a negative investment trend in public works bidding. In addition to domestic consumption, cement exports from Spain have faced eight consecutive...

• Type: Article
• Category: Markets & Competition

Cimencam starts clinker production at Figuil factory

15 March 2024 Joseph Dion Ngute on October 14, 2021, is a testament to Cameroon's commitment to enhancing its cement industry. With an investment of approximately 50 billion FCFA, the expansion project, undertaken by China Building Materials Industry (CBMI), is...

• Type: Article
• Category: Markets & Competition

Hereford's Steel expansion plans

15 March 2024 itself in these sectors. During Mr. Norman's visit to the 14-acre facility, discussions centered around expansion plans, investment in new machinery, and potential recruitment drives. Zoe Williams from the British Constructional Steelwork Association...

• Type: Article
• Category: Other

Plans for Goole Tissue paper mill

15 March 2024 Alan Jeffery, expressed eagerness to share project details with the Goole community and gather feedback. The company's investment, slated to span over a decade pending planning approval, could establish the UK's largest tissue paper facility, aiming to...

• Type: Article
• Category: Europe & Central Asia

LEIPA enhances competitiveness through production consolidation

15 March 2024 customers with high-quality graphic papers while emphasizing the technological advancements and sustainability of PM4. Investment programs across production sites, including initiatives in Schrobenhausen for reduced emissions and flexible packaging...

• Type: Article
• Category: Europe & Central Asia