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Argos halts concrete production 15 May 2024 follows a decline in the number of concrete companies in Panama, while cement production remains robust with four cement plants operating in the country. While Argos Panama will discontinue concrete production, the company reassures that it will not... Type: Article Category: Markets & Competition Béton Provincial acquires assets from CRH Canada Group 15 May 2024 and Labrador, Greater Montreal, and Solvay, New York State. Additionally, the company acquires nine ready-mixed concrete plants and two quarries, enhancing its product offering and supply chain efficiency. The integration of these assets not only... Type: Article Category: Markets & Competition Bolivia reaches cement production milestone despite low demand 15 May 2024 noted its disproportionality to Bolivia's market size. Bolivia's cement landscape comprises five companies overseeing eight plants, with Soboce and Itacamba representing foreign interests. The National Cement Factory SA (Fancesa) and Bolivian Cement... Type: Article Category: Volume & Pricing ANDRITZ expands portfolio with NAF Control Valves acquisition 15 May 2024 move enhances ANDRITZ's offerings in process control and automation systems for pulp and paper mills and various process plants. The integration of NAF control valves into ANDRITZ's Intelligent Instruments portfolio, Smart Series, bolsters the company's... Type: Article Category: South America Decline in Indian coal imports 15 May 2024 imports attributed to increased domestic production (CW Group) Coal imports for blending purposes in Indian domestic power plants have dropped by 32 percent in FY24, according to Hellenic Shipping News. The decline, from 35.10 million tons (MT) in FY23... Type: Article Category: Markets & trade Heidelberg Materials acquires Mick George Limited 10 May 2024 the East Midlands, including recycling facilities, waste transfer stations, aggregate quarries, and ready-mixed concrete plants, MGL significantly expands Heidelberg Materials' presence in the recycling sector. To address competition concerns,... Type: Article Category: Mergers & Acquisitions Vietnam bolsters coal measures for power stability 09 May 2024 Vietnam Coal Mining Group (Vinacomin) reported a 13.8 percent year-on-year increase in coal sales to domestic power plants, reaching 15.3 million metric tons, with projections indicating a further rise to 4.1 million metric tons in May. Simultaneously,... Type: Article Category: Markets & trade Heidelberg Materials seals Mick George acquisition 07 May 2024 includes a network of around 40 recycling facilities, waste-transfer stations, aggregate quarries, and ready-mixed concrete plants primarily located in East Anglia and the East Midlands. To address competition concerns raised by the Competition and... Type: Article Category: Construction Myanmar cement production increases in FY23-24 06 May 2024 8 million tons annually, effectively satisfying domestic demand. In the fiscal year 2023-2024, 11 operational cement plants collectively produced 8.485 million tons of cement, significantly bolstering Myanmar's construction sector. The country boasts a... Type: Article Category: Volume & Pricing G7 pledges coal-free electricity by 2035 03 May 2024 coal in energy production within the next decade. Additionally, the group aims to halt the approval of new coal-fired power plants worldwide as soon as possible. This commitment reflects the momentum generated by global initiatives like COP28 and... Type: Article Category: Markets & trade Bracell's cutting-edge tissue venture 03 May 2024 an annual production capacity of 240 thousand tons. Distinguished as one of the globe's most advanced and eco-friendly plants, the factory operates entirely free of fossil fuels, setting a new standard for sustainability in Brazil. With four tissue... Type: Article Category: South America Phinma Group to invest in new cement facility in Davao 02 May 2024 of Phinma Corp., operates the Mariveles cement facility in Bataan, recognized as one of the country's premier cement plants and a key player in the global cement trade. With an initial capacity of 2 million metric tons per annum, the Mariveles facility... Type: Article Category: Plant Expansions FLSmidth Cement signs service pact with TITAN Group 02 May 2024 a significant milestone with the signing of a new two-year global service agreement with TITAN Group. Covering 14 cement plants, three grinding plants, and a cement terminal across various locations worldwide, including Greece, southeastern Europe,... Type: Article Category: Markets & Competition Société des Ciments d'Abidjan operations affected by power cuts 01 May 2024 the SCA. Journalist Ferro Bailly revealed that the electricity shortage is due to malfunctions in the country's main power plants, particularly at the Azito thermal power station and the Ivorian Electricity Production Company (CIPREL). These issues have... Type: Article Category: Markets & Competition UNACEM rebrands as UNACEM North America after expansion 29 April 2024 New American division includes Drake Cement and Tehachapi Cement plants (CW Group) UNACEM proudly introduces UNACEM North America, consolidating cement operations of the UNACEM Group in the United States. The newly branded division integrates Drake... Type: Article Category: Markets & Competition Delays in Dalmia's acquisition of Jaypee Cement 29 April 2024 estimated cash outflow of INR 3,300 - 3,500 crore. The acquisition covers 9.4 million tons of cement-making capacity across plants in Madhya Pradesh, Uttar Pradesh, and Chattisgarh. Despite Jaypee's high-cost plants, Dalmia aims to align their operating... Type: Article Category: Mergers & Acquisitions Hoffmann Green - Ravate pact renewed until 2028 29 April 2024 market. Moreover, the contract expansion includes the supply of PRO CEMENT 52.5N bulk cement to various ready-mix concrete plants within the geographical scope of the Ravate Group. This strategic move aims to provide a broader range of construction... Type: Article Category: Environment Dyckerhoff gets new CSCs gold certifications 29 April 2024 GmbH and Dyckerhoff Beton GmbH & Co. KG have successfully renewed gold certifications for 17 of their cement and concrete plants across Germany. By the end of March 2024, all seven German cement plants and ten ready-mixed concrete plants in key regions... Type: Article Category: Markets & Competition Bamburi Cement faced 111 power outages last year 26 April 2024 Bamburi's position as one of the top 10 power consumers in the country. The power interruptions affected Bamburi's plants in Nairobi and Mombasa, prompting management to engage with Kenya Power. These outages cost the company approximately KES 400... Type: Article Category: Markets & Competition Shree Cement commits to 100% renewable energy by 2050 26 April 2024 and increasing renewable electricity usage. The company has already invested significantly in solar and wind power plants, with 236 MW installed across India and an additional 112 MW under installation in five states. Akhoury highlighted the company's... 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