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Adani to build greenfield cement plant in Odisha 29 October 2024 capacity of 4 million tons and aims to become operational by the 2028 financial year. This initiative is part of Adani's strategy to establish itself as one of India's largest cement producers, with an estimated investment of INR3,000-3,500 crore for... Type: Article Category: Plant Expansions Ethiopian Fleet Expansion Plans Unveiled 29 October 2024 its routes, using Kenya’s Ports of Mombasa and Lamu to reduce reliance on the Djibouti corridor. This expansion strategy comes as ESL navigates Ethiopia’s recent economic reforms, which opened the logistics sector to domestic joint ventures.... Type: Article Category: Ports & handling Taylor Maritime Sells Key Vessels to Reshape Fleet 29 October 2024 vessels between 28,000 dwt and 38,000 dwt built between 2008 and 2020, reflect TMI’s continued asset management strategy amid market shifts. TMI’s fleet included 34 Japanese-built ships at the end of Q3, with sales reducing this count to 31. Average... Type: Article Category: Ports & handling Buckman Announces Price Adjustment 29 October 2024 Buckman operates globally with a focus on innovative solutions in specialty chemicals for various industries. This pricing strategy reflects the company’s approach to managing economic challenges and supporting sustainable business practices. Copyright... Type: Article Category: North America Ports Alliance to Boost Trade 28 October 2024 private sector in managing imports and exports through Gwadar Port, with an emphasis on shifting public sector trade. The strategy includes relocating a significant portion of public sector imports of essential commodities through Gwadar, further... Type: Article Category: Shipping & logistics Eco-Friendly Paper Launch Boosts Market 28 October 2024 consumers who prioritize reducing waste through products that not only meet but exceed eco-standards. The company’s strategy aligns with growing trends towards circular production processes in the pulp and paper sector. This launch underscores... Type: Article Category: South America PetroChina to close its largest refinery in northern China 28 October 2024 Shifts in production and investment strategy expected (CW Group) PetroChina is preparing to close its largest refinery in northern China by mid-2025, according to Reuters. The Dalian Petrochemical plant, located in Dalian, has a total capacity of... Type: Article Category: Production Afrimat’s operating profit declines amid growth strategy efforts 25 October 2024 Company reports significant operating profit drop after acquisition efforts (CW Group) Afrimat has reported a significant 45.4 percent decline in operating profit for the first half of 2024, following what the company described as an "extremely... Type: Article Category: Financial UltraTech teams up with UCLA to trial ZeroCal process 25 October 2024 zero-carbon lime daily, aligning with UltraTech’s target to achieve carbon neutrality by 2050. UltraTech's decarbonization strategy includes partnerships with emerging technology firms and trials of various carbon-reducing techniques, such as kiln... Type: Article Category: Environment Brazilian Printing Company Rebrands 25 October 2024 Printi, part of the Cimpress Group, is advancing its market positioning in Brazil through a comprehensive rebranding strategy, according to Portal Packaging. As part of this effort, the company introduced a one-stop platform for customized graphic... Type: Article Category: South America Bulk Shipping Market Faces Transformation 25 October 2024 decline in navigation speeds since 2019, with a more pronounced decrease in 2023 as speed reduction became an economic strategy for compliance. While Capesize vessels experienced a modest speed increase in 2024 due to favorable market conditions, their... Type: Article Category: Shipping & logistics KazTransOil Boosts Batumi Port Operations 25 October 2024 Handymax, bolstering the facility’s productivity. These updates align with Batumi Oil Terminal LLC’s broader development strategy, which includes two investment projects focused on increasing the transshipment of liquefied petroleum gas and light... Type: Article Category: Markets & trade Holcim secures EU Innovation Fund Grant for CCUS project in France 24 October 2024 from 337 submissions, allocating a total of EUR 4.8 billion in grants. Holcim’s focus on CCUS is part of a broader strategy that also includes the adoption of innovative raw materials and fossil fuel-free energy solutions. CEO Miljan Gutovic stated that... Type: Article Category: Environment Heidelberg Materials expands concrete operations in Australia 23 October 2024 the financial terms of the transaction remain undisclosed. This acquisition signifies a key step in Heidelberg Materials’ strategy to bolster its footprint in core markets and enhance its vertically integrated position in the concrete sector. Copyright... Type: Article Category: Mergers & Acquisitions EU grants funding to Cemex and Linde for CCUS project at Rüdersdorf cement plant 23 October 2024 electricity and recycled water to further enhance sustainability. This initiative aligns with Cemex's "Future in Action" strategy to achieve net-zero CO2 emissions by 2050, making significant progress toward the decarbonization of the cement industry.... Type: Article Category: Environment Holcim Australia unveils new brand identity 23 October 2024 to greener construction solutions (CW Group) Holcim Australia has introduced a new brand identity to align with its global strategy aimed at promoting greener cities and smarter infrastructure, according to Australia Manufacturing. This marks the... Type: Article Category: Other P&G Reports Quarterly Results 23 October 2024 including $2.4 billion in dividend payments. P&G CEO Jon Moeller emphasized the company’s commitment to its growth strategy, expressing confidence in its approach to driving balanced growth and long-term value creation. [/PAID] Copyright CW Group. All... Type: Article Category: Global Global Grain Shipments Boost Dry Bulk Trade 23 October 2024 Region to the port of Vysotsk for export to Cuba, as reported by *PortNews*. This shipment is part of a broader export strategy supported by the "Freight Express" service. Since May 2024, nearly 20 thousand tons of grain have been exported via this... Type: Article Category: Markets & trade Jindal Panther Cement launches new grinding unit in Angul 22 October 2024 integrated steel plant, reflecting JPC’s commitment to low-carbon cement production as part of its broader decarbonization strategy. The new Angul Grinding Unit is crucial for JPC's goal of providing high-quality Portland Slag and Composite Cement to... Type: Article Category: Plant Expansions Lucky Cement completes 28.8MW wind power project 22 October 2024 waste heat recovery facilities located in Karachi and Pezu. The company highlighted that this initiative is part of its strategy to embrace sustainability and clean energy, aiming to conserve energy and reduce reliance on imported fuels. Financially,... 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