
August 2025
Pharaon Investment looking to offload Attock stake 30 December 2024
Pakistan: Lebanon's Pharaon Investment Group Limited is reportedly considering the sale of its 84% stake in Attock Cement Pakistan, according to Pakistan Today. The holding company recently announced that it was re-evaluating its long-term strategic options in Pakistan, which also include Attock Petroleum, Attock Oil Company and Attock Refinery.
Attock Cement has been 'battered' by low demand in the Pakistani cement industry in recent years, following a period of expansion in the early 2010s. It produced 0.31Mt of cement in the first quarter of the 2025 financial year (to 30 September 2024), an 11% year-on-year fall from 0.35Mt a year earlier.
India: Prism Johnson has implemented the Ramco ERP Suite across its cement operations. Ramco ERP Suite is an enterprise resource planning system that incorporates maintenance, sales and distribution. Tools include a Contract Labour Management System for work shifts and Interactive Business Intelligence System for transaction management, along with GIS-enabled applications. Ramco also offers a Real-Time Integrator module to connects its Process Suite Advanced Process Control Expert Optimisers to the suite.
Grupo Sura and Grupo Argos to spin off 27 December 2024
Colombia: Grupo Argos and finance conglomerate Grupo Sura have signed a spin-off agreement to dispose of their cross-shareholdings. This includes Grupo Argos subsidiary Cementos Argos’ stake in Grupo Sura. Grupo Argos will continue to focus on building materials and allied sectors.
President Jorge Mario Velásquez of Grupo Argos said “The cross-shareholding structure has far exceeded its objective: Grupo Argos consolidated its presence across the Americas, achieving compound annual growth of 21% in shareholder equity over the past 46 years and positioning Cementos Argos, utilities provider Celsia and construction firm Odinsa as regional leaders in their sectors. The simplification of the shareholding structure and portfolio will become another significant milestone in the disclosure and transfer of value to all Grupo Argos shareholders.”
Bruks Siwertell receives order for mobile ship loader 27 December 2024
Sweden: Bruks Siwertell has received an order for a 10 000 S mobile ship unloader for an undisclosed client. The customer owner will use the unloader as part of a rental ship unloading service, operating across multiple port locations. The order is scheduled for commissioning in spring 2025. It will be delivered fully assembled ready for operation. Jörgen Ojeda, Sales Director, Mobile Unloaders, Bruks Siwertell added that the client had previously used an Siwertell 15 000 S mobile ship unloader for nearly two decades.
FLSmidth Cement signs licensing agreement with Sinoma International Intelligent Technology (IIT) for QCX lab equipment 26 December 2024
China/Denmark: Denmark-based FLSmidth Cement has signed a licensing agreement with Sinoma International Intelligent Technology (IIT) covering the production and sale of QCX lab equipment in China. Cyril Leung, Country Head China – FLSmdith, said “The deal effectively provides us a new sales channel and represents our continued commitment to enhancing our services in the world’s largest cement market.”
All QCX equipment that FLSmidth Cement supplies outside of China will continue to be made in Brno, Czech Republic. Development and delivery of QCX software will remain in Denmark. FLSmidth noted that the agreement has no impact on the ongoing divestment of FLSmidth Cement.
FLSmidth Cement’s QCX lab equipment supports sampling, preparation and analysis. Products in the range include the QCX/RoboLab laboratory automation system, analysers, sample preparation products, quality control systems and laboratory software.
Afghan government notes investment in cement sector 26 December 2024
Afghanistan: The office of the deputy prime minister for economic affairs says that the country has invested over US$600m in the cement sector since the Taliban administration took charge in 2021. It cited a US$1m renovation project at the Jabal Saraj cement plant in Parwan province, according to National Afghanistan TV and the BBC. Future investment projects are also planned for Jabal Saraj as well as the Temtaq plant in Jowzjan province and the Herat cement factory in Herat province.
At present the local cement sector has a reported production capacity of 5Mt/yr.
Cruz Azul inaugurates crusher at Oaxaca cement plant 25 December 2024
Mexico: Cruz Azul has inaugurated a new limestone crusher at its Oaxaca integrated cement plant in Lagunas in Oaxaca state. Construction of a new mill at the site has also started, according to the Herald of Mexico newspaper. It was announced in August 2024 that the new grinding mill has an investment of US$40m and it is scheduled for completion by October 2025. The company is also expanding a local hospital. The projects were presented as part of a ceremony linked to the community’s 493rd anniversary of the apparition of the Virgin of Guadalupe.
Najran Cement launches cement delivery app 25 December 2024
Saudi Arabia: Najran Cement Company has launched Wasel, an app for business-to-business cement distribution. Argaam News has reported that users can order and track cement deliveries on the app.
CEO Abdulsalam bin Abdullah Aldraibi said "The development of this system started at the end of 2023 and its modules were gradually launched during 2024 according to the priority of the operational need. Today, all modules of the system have been successfully completed and the system has been linked to other supporting systems such as the vehicle tracking system and the Saudi Public Transport Authority’s Waybill transport issuance system."
Huaxin Cement to buy aggregates producer Embu 24 December 2024
Brazil: China-based Huaxin Cement has signed a deal worth US$187m to buy aggregates producer Embu. Embu owns four quarries in the metropolitan region of São Paulo with a production capacity of nearly 9Mt/yr, according to the Rio Times newspaper. In 2023 it produced 6.3Mt and reported a net profit of around US$3.2m.
Deadly disaster at Penna Cement’s Yadiki cement plant 24 December 2024
India: One person has died and five sustained injuries in a disaster at Adani Group subsidiary Penna Cement’s Yadiki cement plant in Andhra Pradesh’s Anantapur District. The Hindu newspaper has reported that an incident of an unspecified nature occurred on the night of 18 December 2024.
Anantapur’s Industrial Safety Committee is compiling a report for the district collector, who may take action against any party at fault.