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Kernel's financial performance fluctuates 05 March 2024 agricultural holding, recorded a net profit of USD 133 million in the second quarter of FY 2024, marking a 36 percent decline from the same period last year. Despite this, the company's performance improved significantly compared to the previous... Type: Article Category: Markets & trade Building material sector in France faces challenges 05 March 2024 sales of aggregates and ready-mixed concrete. Data adjusted for seasonal variations and working days revealed a 7.9 percent decline in aggregate activity and a 6.3 percent decrease in ready-mixed concrete (BPE) activity in France. This decline reflects... Type: Article Category: Construction Uruguay's export projections increase 05 March 2024 unprocessed barley, beverage concentrate, wheat, and cellulose exports, while wood, dairy, and beef products experienced a decline.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: South America Petroleum coke consumption in India experiences a YoY increase 05 March 2024 an 8 percent surge in pet coke consumption, reaching 16.15 million tons. In contrast, production saw a 2 percent YoY decline to 12.50 million tons. Key players, including RIL and MRPL, respond with strategic pricing moves. RIL marginally raises pet coke... Type: Article Category: Pricing Cement dispatches drop 19.2% in Pakistan 05 March 2024 sector faces notable shifts (CW Group) In February 2024, the cement industry grappled with a substantial 19.22 percent decline in dispatches, marking a shift in both local and export markets. According to the All Pakistan Cement Manufacturers... Type: Article Category: Markets & Competition US bulk industry booms 01 March 2024 across Houston, New Orleans, and Corpus Christi showed varying trends in January. Breakbulk cargo experienced a 35 percent decline, contrasting with the surge in container traffic. The port aims to boost efficiency with multimodal infrastructure... Type: Article Category: Markets & trade US excludes aluminium from Russia sanctions 01 March 2024 of these metals from the sanctions list. Nickel's gain of 1.2 percent dwindled to 0.3 percent, while aluminium prices saw a decline of 1.1 percent on Friday. This market response reflects the impact of speculation on metal prices, offering a more... Type: Article Category: End-user Markets Lafarge Africa witnessed profit rise in FY'23 01 March 2024 in net sales. However, challenges including a higher effective tax rate and FX losses contributed to a 4.7 percent YoY decline in profit after tax (PAT). Lafarge Africa's CEO, Lolu Alade-Akinyemi, acknowledged the impact of macroeconomic headwinds on... Type: Article Category: Financial CRH reports a 7% increase in revenue 01 March 2024 challenges with weaker activity levels, but price increases helped offset these difficulties. While aggregates volumes declined by 7 percent and cement volumes were 10 percent lower on anunderlying basis due to reduced new-build residential activity and... Type: Article Category: Financial Holcim sees financial boost from aggregates and concrete 29 February 2024 lines. Net sales of Aggregates reached CHF 4,402 million, marking a 4.9 percent increase from 2022. Despite a slight decline in Recurring EBIT for Aggregates, down by 0.2 percent, the Recurring EBIT margin remained strong at 14.6 percent. Ready-Mix... Type: Article Category: Aggregates Suzano faces profit decline in 4Q23 29 February 2024 of 2023 (4Q23) compared to the same period in 2022, dropping from BRL 7.459 billion to BRL 4.515 billion. Despite this decline in net profit, the company reported a notable increase in net revenue, reaching BRL 10.372 billion in 4Q23, marking a 16... Type: Article Category: South America Taiwan Cement achieves 48% profit growth 29 February 2024 from the NT$5.4 billion reported in the year 2022. While the company's revenue for the past year experienced a 4.1 percent decline, dropping from NT$113.93 billion to NT$109.31 billion, the gross margin saw a significant upswing by 9.9 percentage... Type: Article Category: Financial Elementia USA turns down USD 50M bid for Dragon Cement plant 29 February 2024 challenges and cost concerns related to rail transportation. In a surprising turn of events, Elementia USA has chosen to decline the substantial USD 50 million offer for its Dragon cement plant in Thomaston. This decision marks a deliberate pivot away... Type: Article Category: Plant Expansions Holcim reports financial growth in 2023 29 February 2024 full-year net sales of CHF 27.0 million In terms of cement, net sales saw a 15.8 percent decrease compared to 2022, with a decline from CHF 16.3 million to CHF 13.8 million, with an organic growth of 10.4 percent. The company's advanced branded... Type: Article Category: Financial Brickability Group faces profit warning 28 February 2024 Group facing a supplier issued a profit warning, according to This Is Money. Brickability highlighted a notable decline in market volumes for UK bricks last year, with dispatches down by approximately 30 percent and brick imports plunging by around 42... Type: Article Category: Concrete & Brick UNICEM's industry 2024 outlook 28 February 2024 or declining at worst (-3.3 percent for aggregates). Despite a more buoyant December, the fourth quarter still showed a decline on the previous quarter, of 2.5 percent for aggregates and 3.3 percent for ready-mix concrete. Year-on-year, the decline is... Type: Article Category: Construction Port of Hamburg Sustains Resilience Amid Challenging Conditions 28 February 2024 bulk cargo throughput and record USA traffic in 2023. Total cargo throughput in the port reached 114.3 million tons, with a decline of 4.7 percent compared to the previous year. However, stable bulk cargo throughput at 36.2 million tons ensured... Type: Article Category: Ports & handling Golden Ocean Group reports strong financial performance 28 February 2024 quarter. Full-year net income reached USD 112.3 million, with earnings per share of USD 0.56 (basic), showing a notable decline compared to 2022. Additionally, adjusted EBITDA for Q4 2023 stood at USD 123.2 million, and adjusted net income reached USD... Type: Article Category: Markets & trade India's thermal coal import decline 28 February 2024 from Coaltrans India Conference on import trends (CW Group) India, the world's second-largest coal importer, anticipates a decline in thermal coal imports for the first time since the pandemic, as revealed at the Coaltrans India conference in Goa,... Type: Article Category: Markets & trade China’s ammonium nitrate industry insights on February 23 28 February 2024 upstream liquid ammonia prices increased by 4.68 percent during the period from 2.19 to 2.23, nitric acid prices showed a decline of 0.48 percent. The market is gradually stabilizing, with analysts anticipating potential fluctuations and weakening in... 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