Adani Group sets US$3bn aside for multiple cement acquisitions
The Adani Group is planning several potential acquisitions within the cement sector. These include Hyderabad-based Penna Cement , Jaiprakash Associates’ cement business, Gujarat...
South Asia
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Canada and UNIDO join forces to decarbonise Thailand cement sector
The United Nations Industrial Development Organization (UNIDO) is joining forces with the Canadian government to help decarbonise Thailand’s cement and concrete sector. A combin...
Dalmia Bharat Acquires 26% stake in Solarcraft Power India
Dalmia Bharat Ltd agreed on 8 June to purchase a 26 per cent equity share in Solarcraft Power India 23 (a Karnataka-based solar power firm) for INR103.18m (US$1.24m). The cement...
Holcim Philippines to recycle 10Mt of demolition waste in 2025
Holcim Philippines has announced that it aims to recycle 10Mt of demolition waste in 2025. According to the company, the move will make Holcim Philippines one of the leading rec...
Ramco Cements posts 4QFY24 results
India-based Ramco Cements Limited (TRCL) has announced its financial results for the 4QFY24, reporting a 20 per cent decline in its standalone net profit after tax to INR1210m (...
Hume Cement doubles profits
Malaysia’s Hume Cement Industries has reported net profit of MYR61.06m (US$13.04m) in the third quarter of the current financial year, ended 31 March 2024. This has more than do...
ERP for increased cement industry efficiency Premium
Enterprise resource planning (ERP) brings together the myriad of data flows in a cement company, enabling staff to make informed decisions on how to manage operations. This arti...
CEMEX divests assets in Philippines
CEMEX has announced that its subsidiary, CEMEX Asia BV, has signed an agreement with DACON Corp, DMCI Holdings Inc and Seminara Mining and Power Corp for the sale of its operati...
Holcim Philippines invests US$35m in renewable energy
Holcim Philippines has announced plans to spend PHP2bn (US$35m) over the next three years on co-processing and increasing its use of renewable energy. According to the company, ...
SCG to develop biochar-infused cement
Siam Cement Group (SCG) is collaborating with Biochar Life, a pioneer in biochar technology for environmental sustainability, to develop biochar-infused cement and other sustain...