Germany: Lubrication supplier Fuchs has embarked on a global marketing campaign to grow its brand awareness. The ‘Moving Your World’ initiative is using out-of-home advertising at 12 international airports in five continents to increase visibility for the company. Earlier in the year the company changed its name from Fuchs Petrolub to Fuchs as part of the same process. The company is also targeting new products and services at electric vehicles, digitalisation and sustainability as parts of its Fuchs2025 future business strategy.

Tina Vogel, Vice President Corporate Marketing and Communications at Fuchs, commented "We're on the road to establishing a strong global brand. On this journey, we're placing great emphasis on establishing long-term partnerships and a brand that also reflects the trust people are placing in us. The emotional statement Moving Your World also describes our purpose and helps us stand out from the crowd, highlighting what we stand for and why we do what we do: keeping the world of our customers moving and advancing it ever forward." Fuchs worked with Hamburg-based strategy and technology consultancy Clue One on the campaign.

France: Heidelberg Materials, Lafarge France, Lhoist and utilities provider TotalEnergies launched the GO CO2 carbon capture and storage project at the port of Nantes-Saint-Nazaire on 10 July 2023. The Le Marin newspaper has reported that the Euro1.7bn project will treat and liquefy captured CO2 for underwater storage. The initial participating plants will be Lafarge France’s Saint-Pierre-la-Cour cement plant and Lhoist’s Neau lime plant.

Preliminary studies will commence later in 2023, with an investment decision to be taken in 2027, for commissioning of the project in 2030. The consortium will initially process 2.6Mt/yr of captured CO2, rising to 4Mt/yr in 2050.

Oman: Oman Cement recorded sales of US$95.6m during the first half of 2023, Reuters has reported. The figure corresponds to a year-on-year rise of 5.1% from US$90.9m in the first half of 2022. The producer’s net profit after tax also rose, by 31% year-on-year to US$10.9m from US$8.31m.

China: China Resources Cement has applied to the National Association of Financial Market Institutional Investors (NAFMII) to register an issuance of notes, Reuters has reported. Under the application, China Resources Cement seeks to register an issuance of US$2.08bn in medium-term notes.

More Articles ...

Subcategories