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Buzzi to acquire full control over Cimento Nacional 20 May 2024 existing agreements, is estimated to cost between EUR 290 and EUR 310 million, subject to exchange rate fluctuations. Buzzi plans to finance the acquisition using its available liquidity. However, the sale agreement's execution is contingent upon... Type: Article Category: Mergers & Acquisitions Eagle Materials plans to expand and upgrade Laramie cement plant 20 May 2024 Cement plant modernization and growth plans unveiled (CW Group) Eagle Materials Inc. has announced plans to modernize and expand its cement plant in Laramie, Wyoming, as per Eagle Materials. The USD 430 million investment will increase the plant's... Type: Article Category: Plant Expansions Siam Cement and Dow partner to process plastic waste into raw material 20 May 2024 efforts concentrated on collecting, sorting, and processing plastic waste primarily in Thailand. The ambitious initiative plans to extend beyond Thailand to encompass other Southeast Asian countries, including China, South Korea, Japan, Taiwan, and... Type: Article Category: Environment Building materials crisis grips construction industry 20 May 2024 price hikes, with some items doubling in cost within a year. The implications are dire. Many project owners are shelving plans, hoping for a price drop, while those pushing forward do so cautiously, leaving construction workers idle and financially... Type: Article Category: Construction Eldorado's strong first quarter 20 May 2024 the company has removed approximately 42 million tons of carbon equivalent from the atmosphere over 11 years and plans to release its sustainability report in the second quarter. According to CFO Fernando Storchi, the company's strong performance was... Type: Article Category: South America Ammonia bunkering in Pilbara 20 May 2024 which has a two-year term, supports Hexagon’s WAH2 Project, aimed at supplying ammonia to the Asia-Pacific region. Hexagon plans to enter the front-end engineering design (FEED) phase by mid-2024. Oceania, established in 2019, has been developing... Type: Article Category: Markets & trade FCC to separate cement and real estate assets 17 May 2024 FCC to list new cement and real estate unit on Madrid market (CW Group) Carlos Slim's Spanish unit FCC plans to separate its cement and real estate assets into a new entity named Inmocemento, which will be listed on the Madrid stock market, according... Type: Article Category: Markets & Competition Thatta Cement to reduce electricity dependence by 50 percent 17 May 2024 Company plans to reduce grid electricity dependency (CW Group) Thatta Cement Company Limited has approved a comprehensive green energy plan aimed at reducing its dependency on grid electricity by 50 percent, according to Pro Pakistani. The board's... Type: Article Category: Environment Afrimat releases FY24 financial results and diversification strategy 17 May 2024 to date. While the Lichtenburg cement plant currently faces challenges, producing only 877,000 tons last year, Afrimat plans to increase this to 1.2 million tons with targeted investments. The company acknowledges the need for capital expenditure to... Type: Article Category: Mergers & Acquisitions Metinvest's April coal production increase 17 May 2024 to expansion and modernization. As of mid-April, Metinvest Pokrovskvugillia has produced 1.24 million tons of coal, with plans to reach 5.3 million tons by the year's end, including commissioning two more longwall faces. Notably, the recent... Type: Article Category: Markets & trade Murmansk port expansion 17 May 2024 the commissioning of three new MTU port terminals along the western shore of the Kola Bay. Governor Andrei Chibis unveiled plans to increase cargo turnover to 110 million tons by 2027, with the Lavna coal terminal contributing 32 million tons, the... Type: Article Category: Ports & handling Cobber packing expands operations 17 May 2024 Cobber Packing, with a registered capital of USD 1.5 million—about 50 percent of the new project's estimated value—plans to enhance its manufacturing operations significantly with this investment. This expansion marks a significant step for Cobber... Type: Article Category: Asia Arctic Paper expands BESS deployment 17 May 2024 battery energy storage system (BESS) projects totaling 24MW at its Swedish factories, reports Energy Storage. The company plans similar initiatives in Poland. The 15-year agreement with S.E.R Sverige involves providing space and grid connections at... Type: Article Category: Europe & Central Asia New cultural paper project 17 May 2024 its packaging business and extending downstream in the industrial chain. Earlier this year, Nine Dragons Paper disclosed plans to add 1.7 million tons of wood pulp production in Beihai and 420,000 tons of wood fiber capacity in Beihai and Malaysia.... Type: Article Category: China Shree Cement's profits increase in Q4 FY24 16 May 2024 Impressive sales volume growth and expansion plans drive success (CW Group) Shree Cement has registered an increase in its fourth-quarter profits, with a 21 percent year-on-year increase in standalone net profit to INR 662 crore. This growth was... Type: Article Category: Financial Rondo Energy and SCG Cleanergy to deploy world's first heat battery to power cement production 16 May 2024 to clean energy solutions, is leveraging its expertise to drive efficient decarbonization in the industrial sector. With plans to expand Rondo Heat Battery storage capacity to 90 GWh per year, SCG Cleanergy is poised to revolutionize the region's energy... Type: Article Category: Environment INSEE Vietnam inaugurates cement export station 16 May 2024 services to regional customers. The facility features four silos, each with a capacity of up to 300 tons. Moreover, with plans to install two additional silos, INSEE remains poised to upscale capacity in response to growing cement demands. Equipped with... Type: Article Category: Markets & Competition Uzbekistan's ambitious coal production target 16 May 2024 contribution from entrepreneurs. To support this growth, Uzbekistan is allocating funds for coal enrichment equipment, with plans to install 500,000 tons of such equipment at the Shargun Coal joint-stock company. Geological assessments are underway in... Type: Article Category: Markets & trade Tatarstan to host innovative grain hub 16 May 2024 the region's grain logistics. The agreement, signed by Prime Minister Alexey Pesoshin and CEO Yuri Manevich, outlines plans for a state-of-the-art facility capable of handling 8 million tons of grain annually. Situated near the Deng Xiaoping... Type: Article Category: Markets & trade Icon Energy's New York debut 16 May 2024 public offering (IPO). The fledgling bulker outfit, established in August last year, is eyeing a listing on Nasdaq and plans to offer 1.25 million common shares, alongside additional shares, aiming to raise between USD 4.6 million and USD 5.5 million.... 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