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ACC and Ambuja to sell Sanghi Industries' cement 13 February 2024 10 percent above production costs. Notably, this rate is considerably lower than the industry norm, which typically sees pricing at 25-30 percent above production costs. Ambuja Cements, a subsidiary of the Adani Group, made a strategic move by acquiring... Type: Article Category: Markets & Competition Novoulyanovsk plant revives cement production 09 February 2024 a six-year hiatus, CEMROS, the holding company, is reviving cement production in Novoulyanovsk. Ulyanovskcement sees a surge in employment opportunities, welcoming back families to their roots and attracting skilled professionals from neighboring... Type: Article Category: Plant Expansions Mondi eyes DS Smith deal 09 February 2024 driving a notable surge in its shares by 13 percent, elevating its market value to approximately GBP 4.49 billion. Mondi sees this move as an opportunity to consolidate and become a leader in European paper-based sustainable packaging solutions, with a... Type: Article Category: Europe & Central Asia Greek shipping giant's fleet shakeup 07 February 2024 The active market sees Star Bulk Carriers sell Capesize Vessel (CW Group) According to Splash247.com, Greek dry bulk leader Star Bulk Carriers has recently sold off its 17-year-old capesize vessel amidst a bustling sales and purchase (S&P) market for... Type: Article Category: Markets & trade Xiangshan Cement achieves sales growth 07 February 2024 January 2024 sees a 63 percent surge in cement sales (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 commendable start to the year, Xiangshan Cement exceeded budget... Type: Article Category: Financial Vietnamese cement industry performance in 2023 06 February 2024 recovery measures, the actual capacity approaches nearly 120 million tons annually, while societal cement consumption sees a 16.9 percent decline compared to 2022. To address the surplus, exporting becomes a solution. In 2023, despite exporting 31.46... Type: Article Category: Markets & Competition China’s ammonium nitrate market: stability signals shifts 06 February 2024 concentrated nitric acid market maintains normal supply, with cost trends slightly downward. Meanwhile, the upstream trend sees a decrease in liquid ammonia prices by 3.69 percent, impacting ammonium nitrate prices. Despite stable operations in key... Type: Article Category: Markets & Trade India: DFC enhances logistics efficiency 05 February 2024 programs during the interim Budget presentation, including corridors for energy, minerals, and cement. The cement sector sees this as a pivotal step to improve logistic services and reduce costs. Cement Manufacturers' Association (CMA) President Neeraj... Type: Article Category: Markets & Competition European paper recyclers face falling prices 05 February 2024 decreasing paper supplies have driven up prices for Old Corrugated Containers (OCC) and mixed paper in January. The US sees high demand for OCC, mixed paper, and DLK, with shifts in export destinations such as reduced exports to India, Indonesia,... Type: Article Category: Europe & Central Asia Bulk industry sees shifts 02 February 2024 Insights into January's maritime trends unveiled (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]A recent report by KDG.Ru, revealed that the Ust-Luga - Baltiysk maritime... Type: Article Category: Ports & handling Antalis acquires packaging manufacturer Pakella 01 February 2024 to strengthening its presence in the packaging distribution market worldwide. Hervé Poncin, Chief Executive of Antalis, sees the acquisition as a tremendous opportunity to significantly expand the company's existing packaging distribution business in... Type: Article Category: Europe & Central Asia Logson Group strengthens presence with Challenge Packaging acquisition 31 January 2024 Martin Coppard, Managing Director of Challenge Packaging, shares his excitement for the collaboration with Logson Group. He sees Logson as the ideal partner, providing opportunities to expand capabilities and elevate customer service standards. David... Type: Article Category: Europe & Central Asia Hoa Phat's reopens steel production blast furnaces 31 January 2024 Leading steel giant sees remarkable growth (CW Group) [PAID={"id":"15,16,17","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Hoa Phat Group has successfully reopened all 7 steel production blast furnaces in... Type: Article Category: Other Bulk Freight Index sees drop in Baltic Exchange rankings 31 January 2024 Market turbulence reflects declines Across Vessel Segments (CW Group) Hellenic Shipping News reports a significant downturn in the Baltic Exchange's dry bulk sea freight index, marking its most substantial decline in over two weeks. The overall index,... Type: Article Category: Markets & trade Kazakhstan invites Rotterdam to boost seaport development 31 January 2024 actively participate in these projects, contributing to the construction of new facilities at these locations. The Ministry sees this collaboration as pivotal for the Trans-Caspian international transport route, envisioning it as a key transit corridor... Type: Article Category: Ports & handling Castor Maritime seals bulk carrier deals 30 January 2024 dwt Magic Horizon, for USD 16.1 million and USD 15.8 million, respectively. This transaction, reported by Splash247.com, sees family members of Castor Maritime's Chairman and CEO, Petros Panagiotidis, taking over the vessels. Originally purchased in... Type: Article Category: Markets & trade Boxboard production sees decline in 4Q2023 30 January 2024 AF&PA report highlights shifting trends in pulp and paper sector (CW Group) The American Forest & Paper Association (AF&PA) has unveiled its 4Q2023 Boxboard report, shedding light on pivotal changes in the industry. Total boxboard production during... Type: Article Category: North America Dangote Cement reinforcers its dominance in Cameroon 30 January 2024 reflecting a reduction of 150 FCFA per bag. Additionally, the 50 kg bag of type 42.5R 3X cement from the same operator sees a new pricing structure at 5,000 FCFA in Douala and 5,300 FCFA in Yaoundé, marking a decrease of 100 FCFA per bag. In a highly... Type: Article Category: Markets & Competition Holcim announces new CEO 29 January 2024 grateful for the Board's trust, looks forward to leading Holcim into its next chapter. As a passionate civil engineer, he sees the company at the forefront of industry transformation, driven by decarbonization and advanced technologies. Gutovic... Type: Article Category: Construction Steel prices increase in Vietnam 29 January 2024 Building materials sector sees significant shifts in pricing strategies (CW Group) [PAID={"id":"15,16,17","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]In a notable adjustment within the building materials... 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