Tag #Cement Industry

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kathimerini.gr

🌐 75% Global Worthiness

May 9, 13:19

Titan Cement Q1 2025: Sales Up Despite Headwinds

Titan Cement Group reported a 2.4% sales increase to €638.4 million in Q1 2025, driven by strong performances in the US and Greek markets, despite unfavorable weather and increased tax burdens; the company projects continued growth for the rest of the year.

Titan Cement Q1 2025: Sales Up Despite Headwinds

Titan Cement Group reported a 2.4% sales increase to €638.4 million in Q1 2025, driven by strong performances in the US and Greek markets, despite unfavorable weather and increased tax burdens; the company projects continued growth for the rest of the year.

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Decent Work and Economic Growth

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How did the geopolitical and economic climate affect Titan's investment plans and financial results in Q1 2025?

Strong performance in the US and Greek markets drove Titan's Q1 growth. Increased volume in key products beyond cement, coupled with stable cement prices and volumes, contributed to the positive results. The reduction in net debt to €280 million from €622 million at the end of 2024, thanks to the US subsidiary's IPO, is a significant achievement.

parsi.euronews.com

🌐 85% Global Worthiness

Apr 14, 22:09

Widespread Blackouts Hit Iran Amidst Severe Energy Crisis

Due to drought, increased temperatures, and necessary power plant maintenance, Iran is experiencing severe electricity shortages in early 2024, causing widespread blackouts across households, industries (cement and steel), and agriculture, with estimated daily economic losses of $300-500 million and...

Widespread Blackouts Hit Iran Amidst Severe Energy Crisis

Due to drought, increased temperatures, and necessary power plant maintenance, Iran is experiencing severe electricity shortages in early 2024, causing widespread blackouts across households, industries (cement and steel), and agriculture, with estimated daily economic losses of $300-500 million and...

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Affordable and Clean Energy

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What are the primary causes and immediate consequences of the unprecedented electricity shortages in Iran during the early months of 2024?

Iran's electricity shortage has worsened significantly in 2024, causing widespread blackouts affecting households and businesses. This is due to a combination of factors, including decreased hydropower generation from a 42% drop in water inflow to reservoirs and increased electricity consumption from higher temperatures. The situation is projected to severely impact the economy, with daily losses estimated between $300 million and $500 million.

dw.com

🌐 75% Global Worthiness

Apr 22, 07:14

Belarus's Cement Industry: A $1 Billion Modernization Failure

Three Belarusian cement plants, modernized with over $1 billion in Chinese loans, are operating at a loss due to overestimated demand and failed export predictions, leading to massive debt and government bailouts.

Belarus's Cement Industry: A $1 Billion Modernization Failure

Three Belarusian cement plants, modernized with over $1 billion in Chinese loans, are operating at a loss due to overestimated demand and failed export predictions, leading to massive debt and government bailouts.

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What are the immediate consequences of the failed modernization of Belarus's cement industry, and what is its global significance?

Belarus's three cement plants, modernized 15 years ago with over $1 billion in Chinese loans and equipment, are consistently unprofitable despite government support and debt restructuring. Increased production capacity outpaced demand, both domestically and internationally, leading to substantial losses.

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