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Chhattisgarh faces challenges as cement prices spike drastically 13 September 2024 This comes just a day after the approval of 8 lakh houses under the Pradhan Mantri Awas Yojana (PMAY), putting added financial strain on the state’s construction projects. Cement prices have surged by INR 50 per sack, with prices for public projects... Type: Article Category: Volume & Pricing Competition for Bamburi Cement ownership intensifies as bidders clash 13 September 2024 30 percent since Savannah Clinker entered the race. Shareholders are now left to decide between the two offers, with a financial adviser set to review the bids. This intensified bidding war is set to determine the future of one of East Africa’s leading... Type: Article Category: Markets & Competition TITAN Group launches sustainability-linked financing framework 12 September 2024 and emission targets (CW Group) TITAN Group has launched a Sustainability-Linked Financing Framework, aligning its financial strategy with its greenhouse gas (GHG) emission reduction goals, according to a recent statement by TITAN Cement. This move... Type: Article Category: Environment Mitsubishi HC Capital America partners with Seismic Group and PulPac 12 September 2024 efficiency. Together with the Seismic Group’s expertise in sustainable manufacturing and Mitsubishi HC Capital America’s financial support, PulPac is set to drive significant innovation in the packaging industry.[/PAID] Copyright CW Group. All rights... Type: Article Category: North America Bulk carrier launch success 12 September 2024 September 6, the No. 10 62,000-ton heavy-lift multipurpose vessel, built for Bank of Communications Financial Leasing, was successfully launched, Sina Finance reports. This marks another significant milestone for Yangzhou Company, which managed to meet... Type: Article Category: Markets & trade Egypt unveils port expansion 11 September 2024 walls by the government, which will be available to the successful bidders. Negotiations are ongoing with international financial institutions to secure funding for the feasibility studies of both projects. The detailed tendering timelines have not been... Type: Article Category: Ports & handling Baltic Dry Index and key players signal renewed growth 10 September 2024 recent acquisition of Eagle Bulk has been noted for its strategic value, while both Star Bulk and Genco are focusing on financial strategies such as de-leveraging and shareholder dividends. As the dry bulk sector shows signs of a rebound, stakeholders... Type: Article Category: Markets & trade Himachal sees second cement price increase in less than a month 09 September 2024 costs significantly, affecting both large-scale infrastructure and small residential projects. The sudden rise has put a financial strain on builders and residents, with many expressing frustration over managing project budgets. Despite growing... Type: Article Category: Volume & Pricing Andalusia: cement consumption decline in the first half of 2024 09 September 2024 a significant decrease compared to the same period in 2023. This marks a return to consumption levels seen after the 2008 financial crisis, far from the pre-crash highs. The construction sector continues to struggle, as cement consumption in Andalusia... Type: Article Category: Volume & Pricing Nigerian builders halt projects due to rising costs 09 September 2024 to stabilize the market. Builders must adapt to fluctuating material costs while prioritizing construction quality and financial planning.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Construction Golden Ocean reports earnings 09 September 2024 Bermuda-based bulk carrier posts Q2 financial results (CW Group) Golden Ocean Group Ltd, the world’s largest listed owner of large-size dry bulk vessels, reported a net income of USD 62.5 million for Q2 2024, according to The Royal Gazette. This is a... Type: Article Category: Markets & trade Fortescue sees record gains 05 September 2024 content you tried to access is only available to paid subscribers.","link":"1"}]Fortescue has reported strong financial results for the fiscal year 2024, according to Bulk Materials International. The company achieved iron ore shipments of 191.6 million... Type: Article Category: Markets & trade Suzano expands global reach 05 September 2024 sustainability and innovation, allowing the company to expand its presence in the textile market while maintaining stable financial metrics.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: South America CEMEX secures funding to decarbonize Spanish cement plants 04 September 2024 aims to support CEMEX initiatives to reduce carbon emissions and enhance sustainability in its production processes. The financial support will be allocated towards implementing advanced technologies and processes that target significant reductions in... Type: Article Category: Environment Norden finalizes strategic acquisition 04 September 2024 by Marine Link. The deal, initially announced in July, has now received all necessary regulatory approvals, though financial details were not disclosed. Norden CEO Jan Rindbo expressed enthusiasm for the acquisition, highlighting that Norlat's expertise... Type: Article Category: Markets & trade Dangote refinery shifts fuel market dynamics 04 September 2024 according to Energy News. Previously focused on naphtha and kerosene, this expansion introduces fresh logistical and financial challenges for NNPC Ltd, the sole buyer and distributor of this gasoline. As Dangote initiates gasoline production, the... Type: Article Category: Production Accsys unveils US plant 04 September 2024 Chemical Company, known for its coatings, adhesives, and specialty plastics. The London-based company also announced its financial results for the first quarter of the 2025 financial year, showing a 3 percent increase in revenue to EUR 35.9 million (GBP... Type: Article Category: Construction Holcim Costa Rica confirms the absorption of its subsidiary 03 September 2024 capital of CRC 1,000,000. The company clarified that there was a discrepancy between the share capital listed in its financial statements and the official registry. To resolve this, Holcim Costa Rica plans to adjust the registered share capital to CRC... Type: Article Category: Mergers & Acquisitions Votorantim Cimentos appoints new CFO 03 September 2024 New CFO to steer financial strategy for cement giant (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Votorantim Cimentos announced the appointment of Antônio Miguel Sousa... Type: Article Category: People G E Shipping sells vessel 02 September 2024 by the same quarter of FY25. The company's strategic fleet adjustments continue as part of its ongoing operational and financial planning. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. 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