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European Commission grants CO2 project in Lithuania and Latvia 17 May 2024 projects to receive PCI or Project of Mutual Interest (PMI) status in this award round. These projects are eligible for financial support under the Connecting Europe Facility, among other benefits. The consortium, formed in 2022, aims to create a... Type: Article Category: Environment Afrimat releases FY24 financial results and diversification strategy 17 May 2024 in Lafarge acquisition (CW Group) Afrimat's annual report for the fiscal year ending February 2024 unveiled remarkable financial achievements attributed to its effective diversification strategy and robust cash generation. The company's performance... Type: Article Category: Mergers & Acquisitions Riyadh Cement signs deal with Ministry of Industry to cut production costs 17 May 2024 quality of energy sources used in industrial facilities, ultimately reducing production costs. The company noted that the financial impact of increased production costs will decrease to 12 percent. Riyadh Cement is also actively seeking additional... Type: Article Category: Markets & Competition Taiheiyo Cement registers strong results in FY24 17 May 2024 Japan's leading cement manufacturer with significant overseas operations in the United States and Asia, reported strong financial results for the fiscal year ending March 2024. Sales rose to 886,275 million yen, up 9.5 percent year-on-year, with a net... Type: Article Category: Financial Castor Maritime records strong financial performance 17 May 2024 operating as a diversified global shipping entity, announced its earnings for the first quarter, showcasing robust financials. Total vessel revenues from continuing operations amounted to USD 20.4 million, reflecting a decrease from USD 24.5 million in... Type: Article Category: Markets & trade Imperial Dade expands in Canada 17 May 2024 reports Paper Age. This move strengthens Imperial Dade's footprint in the Canadian market, particularly in Quebec. The financial details of the private transaction remain undisclosed. Founded in 1936 and 1960, respectively, Canadian Paper & Packaging... Type: Article Category: North America Shree Cement's profits increase in Q4 FY24 16 May 2024 plants in the next three years. Neeraj Akhoury, managing director of Shree Cement, attributed the company's strong financial performance to operational efficiencies, capacity expansions, and digital transformation. The company's board has recommended a... Type: Article Category: Financial Sonoco executive Jeff Tomaszewski retires 16 May 2024 underwent strategic reviews, contributing to the company's robust performance. His journey at Sonoco began in 2002 as a financial manager, progressing through various leadership positions before assuming the role of President of Diversified Businesses.... Type: Article Category: Global Pangaea Logistics unveils strong first quarter performance 16 May 2024 growth through maritime excellence (CW Group) PR Newswire sheds light on Pangaea Logistics Solutions Ltd.'s impressive financial results for the quarter ended March 31, 2024, showcasing robust growth and strategic initiatives. Pangaea Logistics... Type: Article Category: Markets & trade TTA's strong performance in 1Q2024 16 May 2024 Impressive financial results across business segments (CW Group) RYT9 sheds light on Thoresen Thai Agencies Public Company Limited (TTA)'s robust performance in the first quarter of 2024, driven by strong net profits and solid revenue growth in key... Type: Article Category: Markets & trade Votorantim Cimentos reports cement sales growth in 1Q24 15 May 2024 you tried to access is only available to paid subscribers.","link":"1"}]Votorantim Cimentos unveils its first-quarter financial performance for 2024, showcasing significant achievements and strategic investments. In the first quarter of 2024, Votorantim... Type: Article Category: Financial Ciments de Bizerte revenue declines by 53 percent in 1Q24 15 May 2024 Financial struggles lead to production suspension and revenue decline (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to Tustex, Ciments de Bizerte faces... Type: Article Category: Financial Metsä Group sells Russian subsidiaries, exiting market 15 May 2024 Metsä Svir LLC, Metsä Forest St. Petersburg LLC, Metsä Forest Podporozhye LLC, and Metsä Board Rus LLC. The specific financial details of the transaction were not disclosed by either party. Metsä Group's decision to divest its Russian assets marks a... Type: Article Category: Europe & Central Asia Revolutionizing urban rainwater management with sustainable concrete 15 May 2024 CIRCLE partnership, the project aims for commercial viability, collaborating with industry leaders like Tarmac and EQIOM. Financial support from the Interreg V/A France (Channel) England program validates its potential impact, emphasizing cross-border... Type: Article Category: Concrete & Brick Navios Partners expands fleet with Chartered Kamsarmaxes 15 May 2024 chartered-in unit without a purchase option. Navios Partners' first-quarter net income of USD 73.4 million underscores its financial strength, alongside the disposal of four ships year-to-date for USD 92.6 million. This move reflects the company's... Type: Article Category: Markets & trade BUA Cement names Mr. Chikezie Ajaero as CFO 14 May 2024 Financial leadership transition signals strategic change (CW Group) New Telegraph writes that BUA Cement Plc has named Mr. Chikezie Ajaero as its acting Chief Finance Officer following the resignation of Mr. Jacques Piekarski, effective April 30, 2024.... Type: Article Category: People Bim Son Cement facing losses in 2024 14 May 2024 increasing by 11 percent, totaling over 2,068 billion VND, Bim Son Cement is among several major cement companies facing financial turmoil. The Vietnam Cement Association has proposed solutions to governmental bodies, including increasing domestic... Type: Article Category: Financial Building Materials price increase alert 14 May 2024 Furthermore, experts caution that failure to account for rising material costs in construction estimates could lead to financial shortfalls and breach of loan agreements with banks. Amidst flood-induced challenges, the Federal Antimonopoly Service (FAS)... Type: Article Category: Construction Supremex's Q1 report 14 May 2024 Mixed results but optimistic outlook (CW Group) Investing.com reports on Supremex Inc.'s first-quarter financial results, showcasing both positive and challenging aspects with an optimistic outlook for future growth. Supremex Inc., a prominent North... Type: Article Category: North America Adani ports aims for large cargo handling goal 14 May 2024 industry, aiming to handle one billion tons of cargo over the next 5-6 years, as revealed by Mr. D Muthukumaran, Chief Financial Officer of APSEZ, during the fourth quarter earnings call. As India's largest port developer and operator, APSEZ currently... 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