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Cement manufacturers strike deal to stabilize prices in Nigeria 20 February 2024 escalating costs of cement in neighboring countries, the Group Executive Director of BUA, Kabiru Rabiu, emphasized the profitability of smuggling due to the substantial price difference. In Chad and Cameroon, the cost per bag is approximately N15,000,... Type: Article Category: Volume & Pricing Vulcan's profit surge signals market dominance 19 February 2024 achieved a gross profit per ton of USD 7.40 and a cash gross profit per ton of USD 9.46, demonstrating its unwavering profitability and operational efficiency. Vulcan's Chairman and CEO, Tom Hill, expressed confidence in the company's prospects,... Type: Article Category: Construction Martin Marietta's record-breaking year 16 February 2024 Materials announced an exceptional performance for the fourth quarter and full year 2023, achieving record revenues, profitability, and safety milestones. The company, a leading national supplier of aggregates and heavy building materials, posted robust... Type: Article Category: Construction Summit Materials unveils robust performance in 2023 15 February 2024 Record revenue and profitability in the cement sector (CW Group) Summit Materials has reported exceptional financial results for the fourth quarter and full year 2023, positioning itself as a market leader in the cement industry. The company's... Type: Article Category: Financial Valmet to optimize paper business line 15 February 2024 and Paper business lines, EMEA area organization, and corporate functions. The proposed measures seek to bolster the profitability and competitiveness of Valmet's operations while aligning with evolving market dynamics. Primarily affecting Finland and... Type: Article Category: Europe & Central Asia ART Q1 performance affected by paper division shutdown 15 February 2024 the impact of the difficult operating environment, ART is considering implementing short-term measures to safeguard profitability and liquidity.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Middle East & Africa Nippon Paper Industries releases FY2024/3 finalcial review 14 February 2024 -8.3 billion. The surge in net sales is attributed to strategic price revisions and other factors, while the return to profitability in operating income is credited to diligent cost reductions and product price adjustments. Noteworthy gains were... Type: Article Category: Asia JK Lakshmi Cement profit soars 68% in Q3 09 February 2024 25 percent year-on-year decline. This cost efficiency contributed to a notable improvement in the company's overall profitability. Additionally, a surge in volume and a favorable product and sales mix further fortified the company's financial... Type: Article Category: Financial Sappi's resilience amid economic challenges 07 February 2024 satisfaction with the group's EBITDA of USD 156 million, aligning with prior guidance despite headwinds. The quarter saw profitability impacted by planned maintenance shutdowns at key mills, resulting in lower production volumes. However, a positive... Type: Article Category: Europe & Central Asia Khaya Cement production increased by 117% 06 February 2024 by ongoing infrastructure projects across the country expected to drive sales volumes and bring the company back to profitability. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Volume & Pricing Taylor Maritime's positive outlook for mid-sized bulk carriers 05 February 2024 Holdings Ltd, stating that it brings a combined fleet that is younger, more efficient, and better positioned for profitability in a strong daily rate environment. In December 2022, Taylor Maritime officially announced the acquisition of Grindrod, adding... Type: Article Category: Markets & trade Confidence Cement stops ready-mix production 01 February 2024 year's period. The strategic shift aligns with economic challenges, and the company remains optimistic about maintaining profitability despite the evolving industry landscape.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution... Type: Article Category: Markets & Competition Global paper industry faces shipping woes amidst soaring costs 30 January 2024 shipping costs prove unsustainable for both sellers and buyers. With only a few export orders accepted, the market's profitability is further compromised. Another concern is the Red Sea shipping crisis, reducing export volumes, and subsequently... Type: Article Category: Asia UltraTech reports petcoke prices shift 22 January 2024 and logistical efficiencies, combined with technological advancements, underscores a promising trajectory for sustained profitability. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Pricing QMS boosts Ghana's infrastructure with aggregates plant 15 January 2024 sizes at a production rate of 250 tonnes/h, addressing the unique requirements of the quarry and ensuring ongoing profitability. QMS Managing Director, Jonathan Beck, emphasized the significance of the plant's design, stating, "Our collaboration with... Type: Article Category: Aggregates Steppe Cement: revenue drops as volumes and prices decline 15 January 2024 faced a 50 percent decline in the past year, the company believes its strategic shift will pave the way for improved profitability and resilience in the ever-evolving cement industry. Copyright CW Group. All rights reserved. Unauthorized distribution... Type: Article Category: Financial ProJet elevates paper machine efficiency with ProCleanerTM order 09 January 2024 and performance benefits, including substantial water savings (1.3gpm), minimizing both operational costs and improving profitability. Notably, the targeted cleaning approach allows operators to control the Cleaner for overall CD fabric/felt cleaning,... Type: Article Category: Europe & Central Asia Lumber industry faces market turbulence 09 January 2024 were to close temporarily. Market fluctuations, increased wood prices at auctions, and rising royalties have impacted profitability for many Quebec-based commodity-focused factories. However, a few added-value producers are weathering the storm. While... Type: Article Category: North America Sofidel expands market to the US 05 January 2024 growth in their primary market. With a focus on the USA, the market displaying increased consumption, growth, and profitability, Sofidel remains steadfast in its strategic direction.[/PAID] Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: North America Yamama Cement adapts to fuel price shift 04 January 2024 on its financial outcomes. The company's proactive approach underscores its commitment to minimizing negative impacts on profitability. YSCC reassures its stakeholders, particularly shareholders, of its dedication to minimizing any financial... 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