Titan America set for US equity market debut

09 May 2024 of a minority stake, aligning with standard practices for US IPOs and without imposing additional tax implications. This strategic move underscores Titan's commitment to expansion and capitalizing on growth prospects in key US regions, including...

• Type: Article
• Category: Markets & Competition

Titan Cement's stellar 1Q24 results

09 May 2024 firm pricing, enhanced energy cost management, and operational efficiencies. The company's accelerated CAPEX program and strategic acquisitions underscore its commitment to growth and sustainability initiatives, including decarbonization projects in...

• Type: Article
• Category: Financial

Fancesa embracing alternative energy solutions

09 May 2024 30 percent decrease. As concerns loom over the future of natural gas production, Fancesa's proactive stance underscores a strategic shift towards sustainability and resilience. While current natural gas supplies remain stable, the company's...

• Type: Article
• Category: Environment

Tide Rock bolsters portfolio with premier packaging acquisition

09 May 2024 capabilities and reputation for agility in addressing packaging and warehousing challenges. Kincaid highlights the strategic expertise of Ignacio Campos and Bill McNeil, President of Premier Packaging, in steering the company towards further growth and...

• Type: Article
• Category: North America

Euronav's profit increases from diverse fleet

09 May 2024 that Euronav's first quarter of 2024 saw a significant profit increase of USD 495 million, propelled by asset sales and strategic acquisitions. The company's diversified fleet, comprising tankers, dry bulk vessels, container ships, chemical tankers, and...

• Type: Article
• Category: Markets & trade

China Merchants' investment elevates newcastlemax shipbuilding

09 May 2024 Insights into China's strategic move in shipbuilding (CW Group) Splash247.com writes that China Merchants Shipping has made a significant investment of USD 1.4 billion to bolster the global Newcastlemax shipbuilding orderbook, signaling a strategic...

• Type: Article
• Category: Markets & trade

Suneng Q1 coal production insights

09 May 2024 amidst evolving market dynamics and regulatory landscapes. The downturn in production and sales figures signals a need for strategic adjustments to navigate changing demand patterns and optimize operational efficiencies. As the company continues to...

• Type: Article
• Category: Markets & trade

Vietnam bolsters coal measures for power stability

09 May 2024 uninterrupted power access. Assurance from the Vietnamese government regarding no power shortages this year underlines the strategic measures undertaken to address pressing energy demands and safeguard industrial operations.[/PAID] Copyright CW Group....

• Type: Article
• Category: Markets & trade

Shipping giant Zhengde's expansion saga

09 May 2024 63,500-ton Supramax bulk carriers, aligning with EEDI Phase III standards and IMO regulations on NOx emissions. In strategic fleet management, Zhengde emphasizes sustainability, disposing of older vessels and embracing energy-efficient replacements. The...

• Type: Article
• Category: Markets & trade

Heidelberg Materials unveils 1Q24 financial results

08 May 2024 year with resilience, despite a decline in revenue. The company's focus on profitability, strict cost management, and strategic investments underscore its commitment to sustainable growth. In the first quarter of 2024, revenue decreased by 8 percent to...

• Type: Article
• Category: Financial

Cool Planet Technologies announces MOU with Carmeuse

08 May 2024 efforts in lime production. The Memorandum of Understanding (MOU) between Cool Planet and Carmeuse signifies a strategic partnership to develop decarbonization technologies, leveraging Cool Planet's advanced membrane-based carbon capture technology....

• Type: Article
• Category: Environment

Chilanga Cement starts lime production at Ndola plant

08 May 2024 This new lime plant boasts an impressive production capacity of 108,000 tons per annum. CEO Jianping Chai emphasizes the strategic significance of 'PAWA Lime' for mining and industrial sectors, underscoring the company's commitment to sustainability and...

• Type: Article
• Category: Plant Expansions

Turkmenistan's President unveils second stage of Baherden plant

08 May 2024 Berdimuhamedov's recent involvement in the expansion of the Lebap cement plant in March, reflecting Turkmenistan's strategic investments in cement infrastructure to support its burgeoning construction sector.[/PAID] Copyright CW Group. All rights...

• Type: Article
• Category: Plant Expansions

Ammonium nitrate prices hold firm in Shandong

08 May 2024 ChemNet's insights provide a valuable lens into the intricate dynamics shaping the industry, guiding stakeholders in their strategic decisions.[/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited.

• Type: Article
• Category: Volume & Pricing

US LBM expands presence with California acquisition

08 May 2024 service and solutions, citing the company's strong relationships with local builders. The move aligns with US LBM's strategic vision to meet growing demand for structural building components in Northern California, enhancing its capabilities and...

• Type: Article
• Category: Other

TopBuild announces acquisition of insulation work

08 May 2024 TopBuild expands into agricultural insulation market with strategic acquisition (CW Group) [PAID={"id":"15,16,17","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]TopBuild Corp. has announced its acquisition...

• Type: Article
• Category: Other

Intermarine Bulk Carriers

08 May 2024 of larger bulkers ranging from 76,000 to 95,000 dwt. Intermarine president Richard Seeg expressed optimism about the strategic move, emphasizing the synergies between MPP and bulk tonnage that will elevate the company's position in the market. The...

• Type: Article
• Category: Markets & trade

Nine Dragons Paper plans major capacity expansion

08 May 2024 player in China's paper industry, is set to embark on a significant expansion of its manufacturing capacities. This strategic move underscores the company's commitment to enhancing its production capabilities and product portfolio to meet evolving...

• Type: Article
• Category: China

Sappi Europe implements price adjustments for packaging products

08 May 2024 price adjustments for its Packaging & Speciality paper products, set to take effect from June 2024 deliveries. This strategic move aims to ensure the sustainability and viability of Sappi's operations in the face of evolving market dynamics. According...

• Type: Article
• Category: Europe & Central Asia

Supremex expands with Forest Envelope acquisition

08 May 2024 for approximately USD 1.8 million. The transaction, completed through Supremex's existing credit facility, marks a strategic move to enhance the company's presence in the U.S. Midwest region. The acquisition aligns seamlessly with Supremex's growth...

• Type: Article
• Category: North America