Shree Cement inks purchase agreement with StarCrete LPP

14 March 2024 debut in the RMC business, positioning itself strategically for involvement in key construction projects in MMR. With plans to establish greenfield RMC plants in various locations, Shree Cement aims to solidify its footprint in the RMC sector by the end...

• Type: Article
• Category: Concrete & Brick

Nordic Paper Holding surges on sale plans

14 March 2024 Market Sentiment (CW Group) Shares of Nordic Paper Holding experienced a significant surge following the announcement of plans by Shanying International Holdings to sell its Swedish-listed subsidiary. The move is aimed at optimizing resource allocation...

• Type: Article
• Category: Europe & Central Asia

Industry giants announce price increase

14 March 2024 content you tried to access is only available to paid subscribers.","link":"1"}]Japanese packaging leader Rengo has unveiled plans to hike prices for corrugated boxes and folding boxes by a minimum of 10 percent, effective April 1, citing escalating raw...

• Type: Article
• Category: Global

Heidelberg Materials' CCUS project in France

14 March 2024 permanent storage. Pending regulatory approvals and public subsidies, the project aims to commence CO2 capture by 2030, with plans to transport emissions to storage wells under the North Sea and utilize biogenic CO2 for sustainable e-fuel production....

• Type: Article
• Category: Environment

Solusi Bangun Indonesia reports sales increase in 2023

12 March 2024 to the previous year. In response to the growing domestic demand for cement, which increased by 3.5 percent in 2023, SBI plans to capitalize on this opportunity by strengthening synergies with GIS and Taiheiyo Cement Corporation (TCC) and fostering...

• Type: Article
• Category: Financial

ABB and Salt X expand collaboration to decarbonize cement

12 March 2024 strategic value of the partnership, citing ABB's global experience and capital injection as catalysts for Salt X's growth plans. Michael Marti, ABB's Global Growth Industries Business Line Manager, highlights the technology's potential to curb emissions...

• Type: Article
• Category: Environment

GRTGaz's CO2 transport network project

12 March 2024 as well as chemical production, all committed to meeting decarbonization targets set by the Elysée and the government. With plans to transport and export substantial volumes of residual CO2, GRTGaz's vision could reshape France's industrial landscape...

• Type: Article
• Category: Environment

Murmansk terminal's remarkable growth

12 March 2024 the previous year's operations. According to Port News, MBT is gearing up for a substantial leap in its cargo turnover, with plans set at an ambitious 6.1 million tons for 2024. This forecast represents a striking surge of nearly 25 percent compared to...

• Type: Article
• Category: Ports & handling

KP Tissue's record revenue sparks expansion plans

12 March 2024 Discover the latest financial triumphs and future strategies (CW Group) KP Tissue (KPT), a prominent player in the tissue products sector, has revealed its impressive performance for 4Q2023, according to Investing.com. The company marked...

• Type: Article
• Category: North America

Maple Leaf subsidiary to build a hospital

11 March 2024 agreement with the Imperial College Healthcare NHS Trust (CW Group) Maple Leaf Cement Factory Limited (MLCF) revealed plans for a cutting-edge hospital worth USD 110 million in Islamabad, as revealed in a notice to the Pakistan Stock Exchange (PSX),...

• Type: Article
• Category: Markets & Competition

Kenya: Affordable Housing Project at risk with cement price increase

11 March 2024 of the Finance Act, 2023. Amidst these challenges, questions linger over the fate of Aliko Dangote's cement factory plans in the North Rift. The Kenya Association of Manufacturers (KAM) is contesting the clinker levy in court, fearing its detrimental...

• Type: Article
• Category: Volume & Pricing

Algeria: Holcim to expand production capacity

11 March 2024 a recent press meeting in Algiers, representatives of the Holcim-Lafarge group revealed their ambitious plans for the Algerian market, according to El Watan-dz. During the meeting, Nicolas Georges, the group's representative in Algeria, announced a...

• Type: Article
• Category: Markets & Competition

Elliott Baxter & Company expands reach with Realt Paper acquisition

11 March 2024 in Ireland to approximately EUR 50 million, positioning EBB as the largest merchant in the Irish paper industry. EBB plans to integrate Realt Sales into its logistics network throughout 2024, enhancing service delivery and product offerings for Irish...

• Type: Article
• Category: Europe & Central Asia

Grindrod's investment boosts Matola terminal in Mozambique

08 March 2024 to make significant investments in its Matola dry bulk terminal in Mozambique. CEO Xolani Mbambo revealed that Grindrod plans to allocate most of its MZN 2.5-billion capital expenditure (capex) budget from 2024 to 2026 towards enhancing capacity at the...

• Type: Article
• Category: Markets & trade

Elite Ship Naming Ceremony

08 March 2024 Shipping Heavy Industry has delivered 15 vessels of this series to esteemed domestic and international shipowners, with plans to deliver another similar ship this month.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly...

• Type: Article
• Category: Equipment & technology

Thomson Print & packaging upgrades with Heidelberg Easymatrix

08 March 2024 Thomson, sales director, underscored the company's focus on catering to the Beverages Industry in the UK and Ireland, with plans for continued growth in the carton business. The investment in the new facility aligns with their expansion strategy, with...

• Type: Article
• Category: Europe & Central Asia

UltraTech installs floating solar panels at Awarpur plant

08 March 2024 by up to 70 percent. With a vision to meet 100 percent of electricity requirements through renewables by 2050, UltraTech plans to elevate its green energy share to 85 percent by 2030 and triple its current share to 60 percent by FY26. UltraTech's...

• Type: Article
• Category: Environment

Holcim North America introduces ECOAsh

08 March 2024 needs for premium fly ash, promoting high-performance, green, and circular cement and concrete building applications. With plans for expansion into the United States, this strategic move positions Holcim North America as a trailblazer in adopting...

• Type: Article
• Category: Environment

Boosting Scotland's net zero agenda

07 March 2024 strategies unveiled for mineral products sector (CW Group) Scotland's pursuit of economic growth and its ambitious net zero plans hinge on the availability of mineral products sourced domestically, as outlined in a recent document presented by the...

• Type: Article
• Category: Aggregates

Sukha Balka ambitious plans for iron ore production

07 March 2024 Sukha Balka continues to invest in future growth, resuming construction at Yubileynaya mine and upgrading equipment. Plans for 2024 include increasing commercial ore production, capital repairs, and equipment purchases, with a focus on operational...

• Type: Article
• Category: Markets & trade