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Cement manufacturers strike deal to stabilize prices in Nigeria 20 February 2024 Agreement reached to set cement prices nationwide, but hurdles remain (CW Group) In a bid to curb the soaring prices of cement, manufacturers have reached an agreement to sell a 50kg bag at a retail price ranging from N7,000 to N8,000 nationwide. The... Type: Article Category: Volume & Pricing Aggregate Industries invests in new cement storage facility at the UK 19 February 2024 aligning with the company's strategy to enhance its presence in the South and South West of England. Under a 20-year agreement, Aggregate Industries partners with port owner Associated British Ports and cargo handler Solent Stevedores for the... Type: Article Category: Equipment United Cement extends power pact with Wärtsilä 19 February 2024 power solutions leader, Wärtsilä, has inked a three-year extension to its operations and maintenance (O&M) agreement with the United Cement Company of Nigeria Ltd (UniCem), according to Power Technology. This renewal builds upon the existing three-year... Type: Article Category: Plant Expansions AD Ports Group expands Karachi port operations 19 February 2024 Joint venture boosts cargo handling capabilities (CW Group) AD Ports Group has entered into a new 25-year concession agreement with Karachi Port Trust (KPT) to enhance bulk and general cargo operations. According to Bulk, the agreement involves the... Type: Article Category: Ports & handling Qassim Cement gets approval for Hail Cement acquisition 16 February 2024 by both companies in separate statements to Tadawul on February 14. This approval follows Qassim Cement's binding agreement with Hail Cement on December 21, marking a critical step in the cement industry consolidation. Qassim Cement is set to acquire... Type: Article Category: Mergers & Acquisitions Daio and Hokuetsu forge strategic alliance 15 February 2024 quality and streamline transportation to ensure their viability in the market. The aim is to finalize the partnership agreement by May, reflecting their commitment to addressing industry challenges proactively. The envisioned collaboration includes... Type: Article Category: Asia Safe Bulkers announces sale of MV Maritsa 13 February 2024 strategy continues (CW Group) Safe Bulkers announced the sale of MV Maritsa, the oldest vessel in its fleet. The agreement entails the sale of MV Maritsa, a 2005 Japanese-built Panamax class dry-bulk vessel, for a gross sale price of USD 12.2 million.... Type: Article Category: Markets & trade ACC and Ambuja to sell Sanghi Industries' cement 13 February 2024 cement industry but also highlights the strategic positioning of Sanghi Industries in the market. The shareholder-approved agreement ensures a seamless flow of cement and clinker, providing ACC and Ambuja Cements with valuable resources for their brand... Type: Article Category: Markets & Competition Gas Arabian Services secures deal with Yamama Cement 13 February 2024 Major agreement for gas pipeline and fuel supply boosts Yamama Cement's operations (CW Group) According to Zawya, the Gas Arabian Services Company has finalized a deal with Yamama Cement Company, outlining the procurement, construction, and fuel supply... Type: Article Category: Markets & Competition Spicers Group inks deal to acquire Signet 13 February 2024 Spicers Group, a leading supplier of paper, packaging, and visual communication products, has recently sealed an agreement with the Winson Group to acquire Australian packaging company Signet, as reported by Packaging Gateway. In a strategic move,... Type: Article Category: Australasia Diana Shipping expands fleet with charter agreement 12 February 2024 Diana Shipping announced a new time charter contract for its Kamsarmax dry bulk vessel, the m/v Leonidas P. C. Under the agreement with Ming Wah International Shipping Company Limited, the charter spans from February 21, 2024, until minimum August 20,... Type: Article Category: Equipment & technology Lafarge introduces a new load-out system at the Exshaw plant 12 February 2024 Efficiency meets innovation in Lafarge Canada's cement loadout upgrade (CW Group) In a groundbreaking development, Lafarge Canada's Exshaw plant introduces a cutting-edge load-out system powered by CDM. The Attended Plant Portal solution integrates... Type: Article Category: Plant Expansions U.S. DOT launches USD 5 million research initiative 12 February 2024 is more resilient, more sustainable, and made in America." The funding opportunity, supporting a single cooperative agreement totaling USD 5 million over five years, aligns with national goals to decarbonize the transportation sector by 2050. Dr. Robert... Type: Article Category: Markets & Competition Ecocem secures European Technical Assessment for low-carbon cement 09 February 2024 global recognition of ETAs positions the industry to be the first major sector to decarbonize in alignment with the Paris Agreement, without substantial changes to current practices or excessive costs. ACT technology, a culmination of a decade of... Type: Article Category: Environment Canfor Pulp sells Taylor BCTMP mill 09 February 2024 Edgson, revealed on February 7, 2024, as reported by Le Maitre Papetier, that the company has finalized an asset purchase agreement to sell its Taylor BCTMP pulp mill site for USD 7 million. Canfor Pulp has chosen to divest its assets in Taylor, British... Type: Article Category: North America HERIGE Group announces sale agreement with SAMSE Group 08 February 2024 HERIGE Group sells building materials business (CW Group) HERIGE Group confirms the finalization of an agreement with SAMSE Group for the sale of its Building Materials Trading, Public Works, and Natural Stone businesses, as reported by Actusnews Wire.... Type: Article Category: Concrete & Brick Vietnam's quest for building materials deal with Cambodia 08 February 2024 Vietnam seeks sand and gravel agreement with Cambodia (CW Group) [PAID={"id":"15,16,17","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to Cafe Land, the Government of Vietnam is spearheading... Type: Article Category: Aggregates DS Smith renews exclusive pact with Mondelēz International 07 February 2024 for corrugated packaging, marking a significant milestone in their decade-long partnership. Under the renewed five-year agreement, DS Smith will continue as the exclusive provider of corrugated packaging solutions across Europe for Mondelēz... Type: Article Category: Europe & Central Asia Sublime Systems secures USD 6.7M grant from DOE 07 February 2024 challenge. Cementos Alfa, a subsidiary of Cementos Portland Valderrivas, has signed a long-term power purchase agreement (PPA) with Sublime Systems to procure 80 GWh of wind energy annually for its cement factory in Mataporquera, Spain. Sublime Systems... Type: Article Category: Markets & Competition Cementos Alfa boosts sustainability with Capital Energy deal 07 February 2024 to paid subscribers.","link":"1"}]Capital Energy, a leading Spanish renewables developer, has finalized a power purchase agreement (PPA) for 145.5 MW of wind energy with Cementos Alfa, a subsidiary of Cementos Portland Valderrivas, a prominent building... 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