Chile: Cbb has reported a profit of US$2m for the period January - June 2022, which represents a decrease of 74% year-on-year compared US$7.9m during the same period in 2021. The decrease came despite a 15.3% increase in revenues, which rose to US$169m. The company said that the difference could be mainly explained by lower margins from increased distribution costs and administration expenses.

Egypt: Private investor Sadiq Ahmed Sadiq El Sewedy has enlarged their stake in Arabian Cement to 11% from 9.5%. The investor paid US$1.6m for the additional shares. Al Ahly Pharos and EFG Hermes Holding provided brokerage services for the deal.

Arabian Cement recorded a profit of US$6.17m in the first half of 2022, compared to a US$1.2m loss in the first half of 2021.

UK: Hoffmann Green Cement Technologies, a French company that manufactures and distributes low-CO₂ clinker-free cement, has announced that it has signed its first partnership agreement in the UK with Cemblend, a supplier of customised cement powder mixes.

Hoffmann Green will supply Cemblend with its H-IONA, H-UKR and H-EVA clinker-free decarbonated cements for distribution to its customers in the UK and Ireland. This exclusive distribution agreement with volume commitments initially runs until the end of 2023 and is a first step towards the signature of a licensing agreement which could see Cemblend build and operate a production unit similar to Hoffmann Green's French production facilities.
Julien Blanchard and David Hoffmann, co-founders of Hoffmann Green Cement Technologies said, "We are pursuing the milestones of our international development with the signing of this structuring partnership in a strategic market in Europe. This first distribution contract in the UK is further proof of the attractiveness of our low-carbon solutions outside our borders. It is a first step in our cooperation process with Cemblend to build eco-responsible buildings across the Channel."

Zimbabwe: Part of Lafarge Zimbabwe’s approved US$25m capital expenditure investments will go towards further expanding the company’s cement capacity in order to meet local demand. The company also plans to establish a new dry mortars plant. Lafarge Zimbabwe is on track to commission a new vertical roller mill at its Manresa grinding plant in early 2023. Lafarge Zimbabwe’s chief executive officer Geoffrey Ndugwa said, “The overall market demand continues to grow, driven by the segment of individual home builders as well as the ongoing major government infrastructure development projects. The company is confident that volumes will recover and grow as the availability of cement stabilises.”