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Revenue and compliance challenges 08 April 2024 Success and struggles amid plastic ban (CW Group) According to Times Union, the implementation of paper bag fees following New York's plastic bag ban has yielded mixed results over the past four years. Revenue from the 5-cent charge for paper bags has... Type: Article Category: North America Bulk shipping market overview 08 April 2024 a slow market, with rates remaining under negative pressure. Handysize market faced muted activity and negative sentiment amid holidays. Across different regions, stable levels were observed, but prompt tonnage in the US Gulf experienced pressure.... Type: Article Category: Markets & trade Heidelberg Materials to close two plants in France 05 April 2024 strategy. This aligns with the company's shift towards low-carbon products and addresses declining cement sales amid subdued construction demand. In a move to combat climate change, Heidelberg Materials France has invested over EUR 400 million in... Type: Article Category: Environment E. Nomikos expands fleet 05 April 2024 years. The acquisition, valued at just under USD 18 million, signifies E. Nomikos Corp's strategic move to bolster its fleet amid evolving market dynamics. This latest purchase follows a previous acquisition in 2022, when the company added the... Type: Article Category: Equipment & technology BBMG Group reports 2023 financial results 04 April 2024 Cement Network expects a challenging year for BBMG Group, marked by a significant drop in earnings amidst the real estate downturn. BBMG Group's 2023 annual report reveals a stark reality: a mere 25 million yuan in net profit, plunging more than 97... Type: Article Category: Financial Kemira manufacturing lines halted amid political strikes 04 April 2024 Impact on pulp and paper operations (CW Group) Kemira, a key player in the pulp and paper industry, faces disruptions as several manufacturing lines in Oulu, Äetsä, and Harjavalta cease production due to ongoing political strikes in Finland, according... Type: Article Category: Europe & Central Asia Conch Cement cancels projects in Guangxi 03 April 2024 Cement were poised to construct two 5,000t/d clinker production lines, a testament to the region's potential. However, amid fierce market competition and declining demand, the venture was abandoned. Guangxi, once a hub for cement production, experienced... Type: Article Category: Markets & Competition Dry bulk market dynamics shift amid Capesize rate decline 03 April 2024 Market insights and projections for bulk shipping (CW Group) The dry bulk market witnesses a shift in dynamics as Capesize rates experience a notable 40 percent drop, marking a rebalancing phase, according to Hellenic Shipping News. Breakwave Advisors... Type: Article Category: Markets & trade Increase in bulk cargo traffic boosts Japdeva's prosperity 03 April 2024 marking a strategic turn towards the Caribbean. Total cargo volumes soared from 62,850 tons in 2022 to 357,430 tons in 2023. Amid this expansion, Japdeva is poised to invest in infrastructure upgrades, including dredging terminals to accommodate larger... Type: Article Category: Markets & trade Lumber prices hold steady amid consumer caution 02 April 2024 Insights into the stability of lumber prices amidst consumer trends. (CW Group) Canadian Forest Industries reports on the steady state of lumber prices, influenced by cautious consumer behavior and market dynamics. Demand remained relatively stable... Type: Article Category: North America Forex woes hinder sugar imports 02 April 2024 Importers struggle amid currency crisis (CW Group) According to New Telegraph, importers face challenges as only a fraction of the ordered 1.93 million tons of sugar, valued at USD 1.2 billion, was offloaded due to forex issues. Amid a global price... Type: Article Category: Markets & trade Rizhao port's dominance 01 April 2024 the port's robust business model, centered on providing efficient cargo handling and value-added services, remains resilient amid changing market dynamics. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: End-user Markets New solutions emerge betwixt rising building material prices 01 April 2024 [PAID={"id":"21,22,23,24,25","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Amid escalating building material prices, experts suggest that research into alternative construction materials could offer... Type: Article Category: Construction Nippon Steel's move sparks controversy 01 April 2024 Steel industry faces disruption amid Nippon Steel's acquisition bid (CW Group) Nippon Steel's ambitious bid to acquire U.S. Steel, valued at USD 15 billion, is met with strong opposition from various fronts, raising concerns over national security and... Type: Article Category: Other China's graft probe rattles shipping giants 01 April 2024 underscores the seriousness of China's efforts to combat corruption within its state-owned enterprises. This move comes amid a broader campaign targeting high-level officials across various sectors, including energy, where multiple senior executives... Type: Article Category: Markets & trade Sappi Europe initiates price increase talks 29 March 2024 costs (CW Group) Sappi Europe informed that is gearing up for additional price increases in Coated and Uncoated Fine papers amidst persistent cost escalations. Despite previous adjustments in January and February, deemed insufficient to sustain... Type: Article Category: Europe & Central Asia Capesize concerns rise 29 March 2024 this week, with a notable decrease in the Baltic Exchange index. Iron ore futures dropped for the fourth consecutive session amid worries about China’s property market, leading to rising port inventories. Analysts note increased volatility in iron ore... Type: Article Category: Markets & trade Aluminum industry faces supply risks 28 March 2024 mirroring Indonesia's strategy of prioritizing domestic production. Chalco also cautions against uncertain commodity prices amid sluggish global economic growth and geopolitical tensions. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: End-user Markets Market challenges halt BUA Cement's pricing strategy 28 March 2024 Company faces scrutiny amid pricing controversy (CW Group) Amidst market challenges, BUA Cement's plans to sell cement at reduced prices have faced obstacles, according to Leadership. BUA Cement initially pledged to sell a bag of cement for N3,500 but... Type: Article Category: Volume & Pricing US bridge collapse sparks petroleum coke supply chain worries 27 March 2024 Indian importers brace for impact amid Baltimore Bridge collapse (CW Group) [PAID={"id":"21,22,23,24,25","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]The collapse of the Francis Scott Key Bridge in... 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