Pakistan: Dewan Cement recorded US$16.2m in turnover during the first quarter of its 2023 financial year, up by 17% year-on-year from US$13.9m in the first quarter of the 2022 financial year. Its cost of sales also rose, by 41% to US$17.7m from US$12.5m. As such, the producer's loss more than doubled to US$3.13m, from US$1.32m in the first quarter of the 2022 financial year.
GCCA and American Concrete Institute sign international partnership agreement
US: The Global Cement and Concrete Association (GCCA) has signed an international partnership agreement with the American Concrete Institute (ACI). Under the agreement, the partners will collaboratively develop and disseminate information on concrete production and its use in construction, with a view to advancing best practices in sustainability.
The ACI said "ACI cooperates closely with our international partners, benefitting everyone in the global concrete community. ACI looks forward to working with the GCCA towards a future where everyone has the knowledge needed to use the latest concrete technologies effectively to meet the demands of a changing world."
INFORM sets up joint venture in Brazil
Brazil: Germany-based INFORM has established a joint venture with its partner Portia LAC in São Paulo. The new company called INFORM PORTIA will take over sales, consulting and support for INFORM software products in Brazil.
Andreas Meyer, the chief executive officer of INFORM, said “With this joint venture, we are expanding our presence in South America to meet the growing demand for software solutions to optimise business processes.” He added, “This joint venture is an important building block in our global network. We strive to maintain a relationship with our customers based on partnership and trust. However, this is much more successful if you also have a local presence.” In addition to its headquarters in Aachen in Germany and new joint venture in Brazil, INFORM is represented by five other INFORM related companies in the US, Chile, Australia, Singapore, and Portugal respectively.
Deha Tech to commission Tashkent grinding plant in January 2023
Uzbekistan: Turkey-based engineering company Deha Tech says that it is 95% of the way to completion of its construction of a new grinding plant in Tashkent. The supplier says that it expects to commission the new facility in late January 2023. It thanked employees and partners for all of their efforts towards helping it realise the project. Deha Tech secured an engineering, procurement and construction (EPC) contract for the work in 2020.


