BASF Boosts production for sustainable building materials

28 October 2024 industry, where sustainability is becoming a critical factor in product development. As market demands evolve, BASF's strategic move positions the company to better serve customers while contributing to global efforts aimed at reducing carbon emissions...

• Type: Article
• Category: Materials News

City Cement acquires Umm Al-Qura Cement

28 October 2024 Strategic share swap strengthens market position for both companies (CW Group) Umm Al-Qura Cement Co. (UACC) and City Cement Co. (CCC) announced on October 24 that they have entered into a share-swap agreement, according to Argaam. Under this...

• Type: Article
• Category: Mergers & Acquisitions

Green Shipping Gains Traction in China

28 October 2024 by a contract from Lemissoler Navigation for up to eight 65,000 dwt methanol-fueled bulk carriers, marking the company’s strategic growth in sustainable shipbuilding. These certifications and orders reflect Huangpu Wenchong’s commitment to meeting...

• Type: Article
• Category: Shipping & logistics

Holcim and Zeotech join forces for greener concrete solutions in Australia

28 October 2024 New collaboration aims for sustainable concrete solutions (CW Group) Zeotech has entered into a strategic partnership with Holcim to advance sustainable concrete solutions in Australia, as reported by Australian Manufacturing. This collaboration aims...

• Type: Article
• Category: Concrete & Brick

Arauco Aligns Infrastructure Projects

28 October 2024 that benefits both the company and the local community, while adhering to environmental and regulatory standards. This strategic partnership signifies Arauco's commitment to investing in infrastructure that supports its growth in the pulp and paper...

• Type: Article
• Category: South America

Aldar Tissue Expands Operations

28 October 2024 Aldar Tissue’s output, catering to both local and international markets. The 60,000-square-foot facility represents a strategic investment by the company, expected to create 30 new jobs in the region. By incorporating advanced technologies, Aldar Tissue...

• Type: Article
• Category: Europe & Central Asia

Finnish Firm Expands Production

28 October 2024 Ahlstrom’s commitment to sustainable growth and meeting evolving customer demands for eco-friendly paper products. This strategic move supports both industry-wide environmental goals and the company’s long-term objectives in the sustainable materials...

• Type: Article
• Category: Europe & Central Asia

PetroChina to close its largest refinery in northern China

28 October 2024 closed 210,000 bpd of capacity in October 2023. The remaining operations at Dalian will be phased out by 2025. This strategic move aligns with Beijing's initiatives to curb industry emissions and manage overcapacity. Additionally, PetroChina is...

• Type: Article
• Category: Production

Attock Cement partners with TMC for operational efficiency

25 October 2024 Strategic collaboration aims to enhance operations and productivity (CW Group) TallyMarks Consulting (TMC) has formed a strategic partnership with Attock Cement Pakistan Limited to enhance operational efficiency through the implementation of an SAP...

• Type: Article
• Category: Markets & Competition

Afrimat’s operating profit declines amid growth strategy efforts

25 October 2024 company's commitment to strong cash generation to manage debt and leverage synergies from its recent acquisitions. With strategic marketing initiatives and an uptick in production reliability, Afrimat aims to stabilize its operations and position itself...

• Type: Article
• Category: Financial

Holcim exceeds profit expectations in Q3 2024

25 October 2024 profitable low-carbon cement, roofing, and other building products. The company also bolstered its profitability through strategic acquisitions, adding six companies during the quarter, bringing the total for the year to 17. Holcim reaffirmed its...

• Type: Article
• Category: Other

Fortescue unveils new green steel pilot plant and Q3 2024 financial results

25 October 2024 the company aims to develop a larger-scale operation capable of producing 1 million tonnes of green steel annually. This strategic move underscores Fortescue's commitment to sustainability and innovation in the steel production process.[/PAID] Copyright...

• Type: Article
• Category: Materials News

Domtar Rebrands, Unifies Operations

25 October 2024 maintained in Fort Mill, South Carolina; Richmond, British Columbia; and Montreal, Quebec. Domtar’s rebranding signifies a strategic unification aimed at enhancing its market impact while maintaining steady production and administrative structure....

• Type: Article
• Category: North America

Pioneering Energy-Saving Retrofit in China

25 October 2024 of GHY, noted, the project’s success is a testament to Valmet's technology in air systems, reinforcing the importance of strategic partnerships in achieving industry goals. Copyright CW Group. All rights reserved. Unauthorized distribution expressly...

• Type: Article
• Category: China

Andersons Expands Houston Export Facility

25 October 2024 tons of dedicated soybean meal storage to meet the increasing demand driven by growth in renewable fuel markets. This strategic positioning is designed to capitalize on growing domestic soybean processing needs, aligning The Andersons with market shifts...

• Type: Article
• Category: Ports & handling

West African Dry Bulk Surge

25 October 2024 further supported by exports from other nations in the region, according to Splash247. This growing demand highlights the strategic importance of West African commodities, particularly for capesize vessels and Chinese industries. Since 2018, capesize...

• Type: Article
• Category: Shipping & logistics

Suvo and PERMAcast establish concrete JV

24 October 2024 Partnership aims to revolutionize sustainable cement production using mining waste (CW Group) Suvo Strategic Minerals’ subsidiary, Climate Tech Cement, has finalized a 50:50 joint venture (JV) agreement with concrete manufacturer PERMAcast R&D Pty Ltd...

• Type: Article
• Category: Mergers & Acquisitions

Carter Lumber acquires Townsend Building Supply

24 October 2024 which operates six locations across Southern Alabama and the Florida Panhandle, as reported by Woodworking Network. This strategic move aligns with Carter Lumber's growth objectives in the southern region and positions the company for continued...

• Type: Article
• Category: Other

Stora Enso Retains Beihai Site

24 October 2024 Strategic focus shifts to internal development of packaging operations (CW Group) Stora Enso has announced the decision to halt the divestment of its Beihai packaging board production site and forestry business, first initiated in December 2022....

• Type: Article
• Category: Europe & Central Asia

Northern Ports Drive Corn Exports Surge

24 October 2024 and the expected resumption of operations as the rainy season begins, the Northern Arc is solidifying its role as a strategic hub for Brazil’s grain exports, helping to enhance the efficiency of the country’s agribusiness sector. [/PAID] Copyright CW...

• Type: Article
• Category: Markets & trade