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Nigeria's missed opportunity in pulp and paper industry 29 April 2024 Nigeria's failure to capitalize on the lucrative USD 360 billion global pulp and paper market despite abundant raw materials. With only 10 percent of brown paper produced domestically, the country imports 91 percent of its paper needs, spending over... Type: Article Category: Middle East & Africa Ammonium Nitrate prices increase 29 April 2024 interplay within the industry. Despite a temporary stability, the market is influenced by varying factors including raw material costs and supply-demand dynamics.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Volume & Pricing Marathon Galveston Bay Refinery coker operations resume 29 April 2024 role in the refining process, converting residual crude oil into motor fuel feedstocks or petroleum coke, an essential material with diverse industrial applications. The 593,000 barrel-per-day Galveston Bay Refinery houses two cokers, highlighting their... Type: Article Category: End-user Markets Surge in paper product exports 26 April 2024 the first two months of fiscal 2023-24, reaching USD 39.79 million. Despite facing a foreign currency crisis hindering raw material imports, the country's paper industry is thriving. Manufacturers are struggling to meet demand due to the currency... Type: Article Category: Asia Bangladesh: Heidelberg Cement financial results 1Q2024 25 April 2024 reduced production costs. The company's ability to offset costs with a 10 percent rise in sale prices and favorable raw material prices in the global market contributed to profit growth. Additionally, interest income from bank deposits saw a significant... Type: Article Category: Financial Metal market meltdown 25 April 2024 to factors such as limited demand, exacerbated by weak sales of steel products and unfavorable trends in the global raw material market. However, a gradual price increase ensued as activity picked up in the Chinese market and raw material prices surged.... Type: Article Category: Other Voith’s press felt recycling initiative 25 April 2024 Advancing sustainability in paper manufacturing (CW Group) Voith Paper is spearheading a closed material loop initiative to intensify recycling efforts for press felts, aligning with its sustainability strategy. This aims to foster resource... Type: Article Category: Europe & Central Asia Ranpak’s eco-friendly packaging innovations 25 April 2024 recyclability and customization options for branding. Meanwhile, the naturemailer padded mailers feature honeycomb paper material, simplifying packing and opening processes with self-sealing adhesive and tear strips. In line with Earth Day's theme,... Type: Article Category: Global White cardboard price plunge 25 April 2024 is attributed to multiple factors: a surge in new production capacity, dwindling downstream demand, and escalating raw material costs. Notably, the price of white cardboard, a key product, has sharply declined, aggravating the financial strain. Despite... Type: Article Category: China Binhai Energy's growth forecast in 2024 24 April 2024 Anode materials and by-products shipments set to soar (CW Group) Binhai Energy forecasts a significant surge in shipments of anode materials and by-products for 2024, as announced during a performance briefing on April 23. At the briefing, the company... Type: Article Category: End-user Markets Egypt's building material market shifts amid currency changes 24 April 2024 Currency unification impact on building material prices (CW Group) [PAID={"id":"15,16,17","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]CAIRO: According to reports from Zawya, Egypt's building material... Type: Article Category: Construction Transforming pulp production at PT. Pakerin 24 April 2024 involves upgrading both lines to increase capacity to 500 t/d, exclusively utilizing 100 percent imported OCC as raw material. Suryomurti, Chief Financial Officer of PT. Pakerin expresses the company's strategic objectives of expanding capacity and... Type: Article Category: Asia Yanbu Cement expands collaboration with Mastek 24 April 2024 and enhance governance excellence. This initiative is projected to reduce order fulfillment turnaround time, optimize material loading and dispatch processes, and elevate quality standards. The transformation journey involves migrating YCC's... Type: Article Category: Markets & Competition Carbon Upcycling delivers CO₂-enhanced fly ash to BURNCO 23 April 2024 a groundbreaking initiative to promote sustainability in the construction industry. The fly ash, sourced from reclaimed material and processed through Carbon Upcycling's proprietary technology, offers a more eco-friendly alternative for cement... Type: Article Category: Environment PT Semen Jawa increases alternative raw materials utilization 23 April 2024 you tried to access is only available to paid subscribers.","link":"1"}]According to Katadata, SCG, the leading cement and materials company in Southeast Asia, is ramping up the utilization of industrial waste as fuel and alternative raw materials at... Type: Article Category: Environment Tapai Group cement sales drop 8.3 percent 23 April 2024 year-on-year drop of 19.11 percent, while the average sales cost decreased by 19.36 percent, attributed to lower raw material and labor costs. Consequently, the company's operating income decreased by 24.38 percent year-on-year to 993.3085 million yuan.... Type: Article Category: Financial Knauf's unexpected Russian market exit 23 April 2024 Building materials giant makes surprising move (CW Group) In a significant development, building materials powerhouse Knauf has decided to terminate its billion-dollar deals in Russia, marking a notable shift in its longstanding presence in the region.... Type: Article Category: Construction Estonia's building materials market trends disclosed 23 April 2024 of the index's alteration. Labor costs saw a 2.6 percent increase compared to the previous quarter, whereas building material prices experienced a 1 percent decline and the expense of utilizing construction machinery dropped by 0.8 percent.... Type: Article Category: Construction Schenck Process to rebrand as Qlar 22 April 2024 German company rebrands for sustainability (CW Group) Schenck Process, a renowned German company specializing in material transformation technologies, is embracing a climate-neutral approach with its rebranding to Qlar, set to debut on May 13, 2024.... Type: Article Category: Environment Kenya: KRSL to utilize geothermal steam in cement production 22 April 2024 for its newest cement plant. Steam Srl will lead the project as Owner's Engineer, designing a 4-MW power unit and a cement material drying unit, enabling KRSL to utilize geothermal energy for both power generation and material processing. This... 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