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Bulk carriers navigate Panama Canal logjam 29 May 2024 purchases of grain from Brazil, traditionally transported around the Cape of Good Hope, have impacted transit routes. Despite the disruptions, shipments of steel and fertilizers through the canal have remained relatively stable. As conditions in the... Type: Article Category: Shipping & logistics PT Kobexindo Cement to build a cement plant in Aceh 28 May 2024 firm defies moratorium in Aceh (CW Group) A Chinese-owned company is set to build a cement factory in South Aceh regency, despite a nationwide moratorium on such projects, according to ANN. The facility, with an investment of IDR 10 trillion (USD 622... Type: Article Category: Plant Expansions Gambia faces cement shortage 28 May 2024 The Voice of Gambia. The government and the Cement Importers and Traders Association (CITA) have yet to resolve the issue, despite numerous appeals from the association to reconsider the levy hike. The situation has left several trucks stranded at the... Type: Article Category: Markets & Competition India's freight corridor revolutionizes coal supplies 28 May 2024 with the dedicated freight corridor now operational, coal stocks at generating companies (Gencos) remain comfortable despite surging power demand. During peak power consumption, thermal power plants are experiencing increased coal demand. Despite this,... Type: Article Category: Shipping & logistics Coastal shipping index climbs 28 May 2024 8,037 points, up 4 percent. Meanwhile, the China Coastal Finished Oil Freight Index rose to 10,243 points, up 0.4 percent, despite a stable market. Overall, transportation demand continues to drive up coastal freight rates across various sectors,... Type: Article Category: Markets & trade Petrochemical price update 28 May 2024 in the market. The company's consistent production and stable sales figures indicate a robust operational framework despite the price fluctuation.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Pricing Iran's steel surge signals growth 28 May 2024 20) compared to the same period last year. The figures revealed a production of 3.1 million tons during this timeframe. Despite external pressures such as U.S. sanctions and the global pandemic, Iran's steel industry has demonstrated resilience and... Type: Article Category: Other Gulf Paper's dewatering upgrade 28 May 2024 express their commitment to meeting market demands for high-quality paper products through continuous capacity expansion. Despite previous constraints in increasing machine speed, the planned dewatering system upgrade promises to overcome these... Type: Article Category: South America Altri's paper profits surge amid growth plans 28 May 2024 paper giant Altri reports a 10 percent rise in profits to 21.6 million euros for the first quarter of 2024, as per Sapo. Despite a slight revenue dip of nearly 1 percent to 222.7 million euros, attributed to ongoing price challenges, increased... Type: Article Category: Europe & Central Asia Dong Hai Ben Tre's bold expansion 28 May 2024 plans for a dividend payout on June 28, 2024, are underway, amounting to an estimated expenditure of 80.5 billion VND. Despite a slight dip in net revenue and profit in 1Q2024 compared to the previous year, Dong Hai Ben Tre remains optimistic about its... Type: Article Category: Asia Grasim's Q4 profits increase due to cement sales growth 27 May 2024 31 percent quarterly increase and an 11 percent annual increase in grey cement sales in India, totaling 33.91 million tons. Despite a drop in realizations, Grasim's cement capacity is on track to grow significantly, from 140.8 MTPA to 183.5 MTPA by... Type: Article Category: Financial Secil reports profit growth during the first quarter of 2024 27 May 2024 2.4 percent to 170.7 million euros, driven by positive performances from Secil (+8.3 percent) and Navigator (+2.0 percent), despite declines in other areas. The group's turnover reached 715.2 million euros, a 5.9 percent increase from the previous year,... Type: Article Category: Financial Spain: cement consumption increases after ten months of decline 27 May 2024 to Infobae. In April, cement consumption reached 1,324,145 tons, an increase of 136,040 tons from the same month last year. Despite this monthly rise, the average daily consumption, which adjusts for the number of working days, showed a decrease of 8.8... Type: Article Category: Volume & Pricing Cellulose industry boom 27 May 2024 months of 2024, cellulose prices surged by 35 percent compared to the same period last year, averaging at USD 464 per ton. Despite a slight dip of 5 percent in exports, revenue soared by 27 percent, reaching a staggering USD 631.5 million, with half of... Type: Article Category: South America Timber revolutionizes construction 27 May 2024 offering a low-carbon footprint and structural strength rivaling traditional materials, informs Engineering News. Despite its advantages, the adoption of engineered wood remains low, mainly due to entrenched attitudes. However, as awareness grows, more... Type: Article Category: Construction Dry bulk market update 27 May 2024 rates due to limited fresh enquiry, Asia witnessed steady demand, especially from Southeast Asia. Rates remained stable despite healthy tonnage availability. Cargo availability in the Handysize segment improved in the Atlantic, but prompt tonnage levels... Type: Article Category: Markets & trade Engage's Wyndham contract commences 27 May 2024 Ore Project, which began shipments in 2011, has experienced fluctuations in demand and price for its low-grade product. Despite stalling in 2015, the mine resumed production in mid-2020 following the introduction of a new beneficiation plant. However,... Type: Article Category: Markets & trade Australia denies coal request 27 May 2024 Focus on practical military aid for Ukraine (CW Group) Australia is unlikely to fulfill Ukraine's request for coal despite the country's urgent energy needs, according to ABC News. Defense Minister Richard Marles emphasized that Australian support... Type: Article Category: Markets & trade Korea: cement market posts strong 1Q24 performance 24 May 2024 Rising prices boost profits despite falling demand (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]The cement industry demonstrated strong performance in the first quarter... Type: Article Category: Markets & Competition Ukraine’s slag exports to EU increases by 53 percent 24 May 2024 Solutions, highlighted the importance of these exports in supporting Ukraine’s economy and meeting European demand. Despite the European construction sector facing a crisis, the lack of similar raw materials in Europe has created opportunities for... 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