Members of the Professional Association of Cement Producers (APC) delivered a total of 6.98Mt of cement during the first seven months of 2023. This corresponds to a year-on-year rise of 2.1%, compared with seven-month 2022 levels. Agence Marocaine de Presse News has reported that ready-mix concrete plants consumed 4.29Mt (61%), and precast concrete plants 1.37Mt
Holcim Philippines and Sungshin Cement have signed a memorandum of understanding whereby Holcim Philippines will be priority supplier of cement for use in Sungshin Cement’s ready-mix concrete operations in the Philippines, InPR News has reported. South Korea-based Sungshin is anticipating growing demand from infrastructure projects, partly due to a US$3bn development loan agreement between the
After the initial shocking coverage of the Russian invasion of Ukraine, which began in February 2022, came announcements of the most extensive sanctions in history by the EU, G7 nations and others against Russia. In the EU, this effectively deconsolidated companies’ Russian subsidiaries, leaving decision makers with the choice whether to sell up or hold