Star Cement initiates production from new clinker line

22 April 2024 2024, Star Cement Ltd commenced operations from its new clinker line with a capacity of 3.3 metric tons per annum. This strategic move is poised to bolster the company's position in the cement industry and enhance its production capabilities to meet...

• Type: Article
• Category: Markets & Competition

Alcoa acquires Australian aluminum producer Alumina

22 April 2024 have also entered a 20-day exclusivity period to further solidify the deal. The proposed acquisition aligns with Alcoa's strategic vision, aiming to streamline operations and unlock value creation opportunities within the Alcoa World Alumina and...

• Type: Article
• Category: End-user Markets

Canada's seaborne coal exports rise amid global trade rebound

22 April 2024 energy sources, Canada's coal exports continue to thrive, driven by strong demand from Asian markets and the country's strategic geographic positioning. As the global coal trade rebounds to pre-pandemic levels, Canada's role as a significant coal...

• Type: Article
• Category: Markets & trade

Ciner expands fleet with four Kamsarmax newbuilds

22 April 2024 in Dalian, China. Deliveries are slated to commence from March 2027, marking a significant milestone in Ciner's strategic growth plan. Industry insiders estimate the cost of each vessel to be approximately USD 38 million, indicating a significant...

• Type: Article
• Category: Markets & trade

Jinhui Shipping expands fleet with landmark charter

22 April 2024 amounting to an approximate total rent of USD 26.64 million for the minimum lease period of 33-36 months. This marks a strategic move for Jinhui Shipping, reflecting its shift towards medium and large bulk carriers. The company's fleet expansion comes...

• Type: Article
• Category: Markets & trade

Uruguay port boosts trade with India

22 April 2024 Strategic freighter arrival enhances commercial ties (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Portal Portuario writes that the Port of Concepción in Uruguay welcomed...

• Type: Article
• Category: Ports & handling

Veritiv acquires AmeriPac

22 April 2024 forces with Veritiv to broaden its commercial infrastructure and packaging capabilities. CEO Greg Wren underscores the strategic alignment between AmeriPac's innovative packaging solutions and Veritiv's extensive distribution network. The acquisition...

• Type: Article
• Category: North America

Ahlstrom contemplates future of Bousbecque plant

22 April 2024 Bousbecque plant, with intentions to consolidate parchment paper production at its Saint-Séverin facility in France. This strategic move comes in response to challenges such as overcapacity in parchment production and escalating competition. The...

• Type: Article
• Category: Europe & Central Asia

Grupo Familia expands Colombian operations

22 April 2024 center. Diego Loaiza, the company's general director, unveiled details of this transformative venture, signaling a strategic move to enhance production capacity and logistics efficiency. The investment encompasses a five-year construction plan,...

• Type: Article
• Category: South America

Suzano boosts global cellulose prices

22 April 2024 USD 80 increment is anticipated. However, specific final values for these regions were not disclosed by the company. This strategic move by Suzano underscores its proactive stance in the pulp and paper industry. By adjusting prices across global...

• Type: Article
• Category: South America

Thyssenkrupp Polysius names Christian Myland CEO

19 April 2024 era of innovation and sustainability. Christian Myland's appointment as the new CEO of thyssenkrupp Polysius signifies a strategic move towards advancing green industrial practices. With a proven track record of stabilizing and modernizing operations at...

• Type: Article
• Category: People

Bamburi Cement posts strong FY2023 performance

19 April 2024 KES 2.89 billion. Bamburi Cement CEO, Mr. Mohit Kapoor, attributes the positive results to rigorous cost-cutting measures, strategic decision-making, and industrial performance improvements. Looking ahead, Kapoor anticipates better results in the coming...

• Type: Article
• Category: Financial

Heinzel Group's production overhaul in Austria

19 April 2024 enhanced efficiency (CW Group) Pulpapernews.com reports on Heinzel Group's significant investment in Austria, marking a strategic move to overhaul production capacities in the region. The German packaging maker has announced the near completion of a...

• Type: Article
• Category: Europe & Central Asia

Dramaq revolutionizes coil cutting

19 April 2024 in Tangará, Santa Catarina, facilitates the opening of coils measuring 3000 mm in length and 1500 mm in diameter. This strategic move by Sopasta aligns with the imperative to comply with NR-12 standards while ramping up productivity. The integration of...

• Type: Article
• Category: South America

Melhoramentos registers financial growth in 2023

19 April 2024 Financial triumphs signal strategic evolution (CW Group) [PAID={"id":"9,10,11","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Melhoramentos, featured on Tissue Online, unveils significant financial gains...

• Type: Article
• Category: South America

Severfield boosts growth amid steel demand increase

19 April 2024 program, reflecting its commitment to balanced capital allocation and maintaining a robust balance sheet. Severfield's strategic initiatives underscore its resilience and adaptability in response to evolving market dynamics, positioning the company for...

• Type: Article
• Category: Other

Vietnam unveils ambitious maritime infrastructure plans

19 April 2024 as Can Gio and Lien Chieu are earmarked as potential international transshipment hubs, poised to capitalize on Vietnam's strategic position in global trade. Furthermore, passenger traffic through Vietnamese ports is forecasted to rise to 17.4-18.8...

• Type: Article
• Category: Shipping & logistics

Sanmar’s electric tugs transform port operations

19 April 2024 benefits, these tugs significantly reduce marine noise, preserving aquatic life in the Port of Vancouver. SAAM's strategic focus on towage and tug operations underscores its dedication to driving innovation and leading industry-wide transformation. With...

• Type: Article
• Category: Equipment & technology

Famsun Group plans grain terminal expansion in Makhachkala port

19 April 2024 turnover increased by 5.3 percent, reaching almost 3 million tons. Additionally, recent governmental action indicates a strategic investment in the port's future, with the Russian Federation contributing its shares to the joint-stock company "North -...

• Type: Article
• Category: Ports & handling

Bulk industry giant's multi-million dollar vessel sale shakes market

19 April 2024 to sell other vessels, including the M/V Magic Venus and the M/V Magic Horizon. In conclusion, Castor Maritime Inc.'s strategic sale of the M/V Magic Nebula underscores its ongoing fleet optimization efforts. While the company anticipates a positive...

• Type: Article
• Category: Markets & trade