Crane duo raises port handling efficiency

21 March 2024 at the Port of Gdansk. These units were procured by Port Gdansk Eksploatacja SA, a company known for its continuous investment in handling equipment, according to Portal Portuario. The arrival of these advanced cranes heralds a substantial enhancement...

• Type: Article
• Category: Equipment & technology

UltraTech secures CCI approval for Kesoram acquisition

20 March 2024 acquisition of Kesoram Industries' cement unit, along with Shriram Ownership Trust's stake purchase in Shriram Investment Holdings Private. UltraTech's acquisition of Kesoram's cement business, valued at INR 5,379 crore, received CCI approval,...

• Type: Article
• Category: Markets & Competition

Bamburi Cement sells Hima Cement

20 March 2024 allowing it to redirect resources towards bolstering core operations in Kenya, while also securing profitable returns on investment. As Bamburi strategically divests from Hima Cement, it underscores the company's commitment to long-term success and...

• Type: Article
• Category: Markets & Competition

Marcona port project

20 March 2024 Massive investment project to transform Southern Peru (CW Group) The proposed "New Port Terminal of San Juan de Marcona" project promises to catalyze significant economic growth in southern Peru, according to BNAmericas. With an estimated investment of...

• Type: Article
• Category: Ports & handling

RDM Group plans closure of Blendecques site

20 March 2024 many years and has operated at a deficit, with no anticipated improvements in the foreseeable future. Despite significant investment efforts by RDM Group to revive the Blendecques plant, particularly following the March 2022 fire, the situation remains...

• Type: Article
• Category: Europe & Central Asia

Cellulose pulp venture thrives in Fonelas

20 March 2024 in Granada. He affirmed governmental support from various delegations, emphasizing collaborative efforts to bolster investment and advancement. With a workforce of nearly 70 individuals, including 60 percent as partner-owners, Cotton South SL fosters...

• Type: Article
• Category: Europe & Central Asia

Saudi Crown Paper Mill expands with Valmet investment

19 March 2024 has announced its decision to invest in a second Valmet’s Advantage DCT tissue line, according to Zawya. This strategic investment aims to meet the growing consumer demand for high-quality tissue products with minimal environmental impact. Scheduled for...

• Type: Article
• Category: Middle East & Africa

Iron Ore's turbulent journey

19 March 2024 dropped by 2.9 percent to USD 97 a ton in Singapore, only to rebound thereafter. While China's factory output and investment showed resilience, steel production saw minimal growth in the first two months. The iron ore market remains challenged, with...

• Type: Article
• Category: Other

Canada boosts Thunder Bay port capacity

19 March 2024 Major investment fuels grain storage expansion (CW Group) Canada's commitment to bolstering the Port of Thunder Bay's capacity receives a significant boost with a CAD 6.7 million investment, informs Transport Topics. The funding targets key projects...

• Type: Article
• Category: Ports & handling

Chancay multipurpose port: Peru's gateway to global trade

19 March 2024 Cosco Shipping Ports Limited (CSPL) in collaboration with Peruvian Volcan Compañía Minera, showcases a significant investment in the maritime infrastructure sector. Boasting a strategic positioning on the central coast of Peru, the port anticipates...

• Type: Article
• Category: Ports & handling

China's cement demand to continue declining

19 March 2024 a 60 percent profit decrease last year, attributing it to the sustained downturn in China's real estate development investment. President Jing Shiqing notes that government interventions in the property market have yet to offset the impact on the cement...

• Type: Article
• Category: Markets & Competition

Taiwan Cement commits to low-carbon future

19 March 2024 plans to exclusively produce and sell low-carbon cement and concrete by 2026. The company recently finalized its investment expansion in Turkey and Portugal, marking a significant milestone in its journey towards sustainability. Taiwan Cement, through...

• Type: Article
• Category: Environment

Mayr-Melnhof boosts capacity with investments

18 March 2024 challenges while leveraging its strengthened position to sustain growth and profitability. Mayr-Melnhof's significant investment underscores its commitment to innovation and competitiveness in the packaging industry. By strategically allocating funds to...

• Type: Article
• Category: Europe & Central Asia

TWP Strategic Holdings acquires Crane Stationery

18 March 2024 Investment reshapes stationery industry landscape (CW Group) WP Strategic Holdings, a private consulting and investment firm based in Albany, New York, has completed the acquisition of Crane Stationery, according to Paper Age. The terms of the...

• Type: Article
• Category: North America

VPK's eco-revolution in Normandy

18 March 2024 capacity of 500,000 tons of lightweight recycled containerboard, ranging from 70 to 135 grams per square meter. VPK's investment not only enhances the mill's environmental performance but also catalyzes industrial and economic growth in the Normandy...

• Type: Article
• Category: Europe & Central Asia

Ence looking to modernize Pontevedra factory

18 March 2024 plant's capabilities for producing innovative cellulose-based products, potentially replacing plastics. The comprehensive investment plan, subject to public consultation, encompasses environmental enhancements throughout the cellulose manufacturing...

• Type: Article
• Category: Europe & Central Asia

Metsä's plans for tissue mill in Goole

18 March 2024 in Goole, East Yorkshire, UK, writes Tissue Online. Set to be the largest of its kind in the country, Metsä's proposed investment in Goole marks a historic stride, potentially amounting to hundreds of millions of pounds. If granted planning and...

• Type: Article
• Category: Europe & Central Asia

Russell Roof Tiles' sustainability leap

18 March 2024 towards net zero goals (CW Group) Russell Roof Tiles is making significant strides in sustainability with its latest investment project at its Burton on Trent plant, as reported by Building Design & Construction Business. The GBP 18.5 million investment...

• Type: Article
• Category: Concrete & Brick

SHERA establishes Philippines manufacturing plant

18 March 2024 floors, and walls, catering to the growing demand in the construction sector. This move not only signifies a significant investment in the Philippines' construction industry but also highlights SHERA's strategic approach to capturing emerging market...

• Type: Article
• Category: Plant Expansions

DMCI ventures into cement industry

18 March 2024 the Philippines, with renowned brands like Island, Rizal, and APO. DMCI's foray into cement complements its diversified investment portfolio spanning construction, real estate, mining, power generation, and water distribution.[/PAID] Copyright CW Group....

• Type: Article
• Category: Markets & Competition