US: GCC has ordered pyroprocessing equipment from ThyssenKrupp Polysius for the expansion of its Odessa cement plant in Texas. The upgrade will more than double the plant’s capacity to 1.9Mt/yr, and reduce its CO₂ emissions by 13%. Contractor H&M Construction says that the project will be the third on which it has collaborated on design and construction.

H&M Vice President Casey Rushing said “H&M is proud to have the opportunity to serve GCC as its design-builder on this great project. H&M has a very strong active presence in Texas and a very strong veteran self-perform team that has recently completed with Polysius a near identical pyroprocessing expansion in the Southeast US. We intend to improve on our successes from our previous pyroprocessing lines by executing this project for GCC with superior safety, quality and customer satisfaction.”

India: The Organized Crime and Corruption Reporting Project (OCCRP) has obtained documents which allegedly show how two people with close ties to the owners of Adani Group invested significantly in the group. Nasser Ali Shaban Ahli and Chang Chung-Ling traded in Adani Group shares through a Mauritius-based investment fund. The OCCRP reports that Ahli and Chang might be found to have been acting on behalf of Adani promoters. If so, their shareholding would bring insider investment in Adani Group to over 75%. This would potentially indicate stock manipulation under Indian law. Ahli and Changs’ investment management company reportedly paid a company owned by Vinod Adani, the brother of Adani Group chair Gautam Adani, for investment advice.

Nasser Ali Shaban Ahli is a Dubai-based business consultant, who is listed as an officer in a British Virgin Islands-based securities investment firm linked to Adani Group. Meanwhile, China-based Chang Chung-Ling has held positions on the boards of multiple Adani Group companies.

Adani Group replied “Contrary to your claim of new evidence/proofs, these are nothing but a rehash of unsubstantiated allegations levelled in the Hindenburg report. Our response to the Hindenburg report is available on our website. Suffice it to state that there is neither any truth to nor any basis for making any of the said allegations against the Adani Group and its promoters, and we expressly reject all of them."

Nigeria: Lafarge Africa has installed a new bag filter at its 3.9Mt/yr Ewekoro cement plant in Ogun State. The filter cost US$8.51m. Lafarge Africa says that the equipment has successfully reduced the plant’s dust emissions to below 50mg/Nm³. The company said that it has made ‘significant adjustments’ to its production activities, besides introducing air quality measurement systems across a 10km radius of the plant.

Lafarge Africa’s head of health, safety and environment Rachael Ezembakwe said “Care for the environment and for our host communities is built into all aspects of our operations within the country. Our social impact is focused on the areas of the most need: education, empowerment, health and safety, and shelter/infrastructure.”

Spain: Cemex España has bought two new quarries near Madrid. The producer said that the quarries will strengthen its limestone reserves. It added that they include ‘all necessary elements’ for it to increase its services to the Madrid market.

Cemex’s Europe, Middle East, Africa and Asia regional president Sergio Menéndez said “These acquisitions strengthen our existing network and enable us to better serve a growing market with high-quality, sustainable and circular products. We are excited to be part of Madrid’s growth, which contributes to improving the quality of life of its residents and setting an example for more sustainable and circular cities.”

Indonesia: The UK-based World Cement Association (WCA) has announced the inclusion of the Indonesian Cement and Concrete Institute (ISBI) as an affiliate member. The ISBI has over 20 years’ experience in providing engineering training and consulting services to the cement sector and related industries in Indonesia.

WCA chief executive officer Ian Riley said "The WCA is further expanding its involvement with industry players operating in emerging economies, particularly in Indonesia which is one of the world’s largest cement markets.”

Australia: Adbri recorded sales of US$599m during the first half of 2023, up by 14% year-on-year. Its net profit grew by 13%, to US$33.7m. The producer noted continued ‘solid’ demand, and traction on its price increases. It faced high capital requirements for its on-going upgrade of its Kwinana grinding plant to consolidate its Western Australian operations there. The company expects its second-half 2023 earnings to rise ‘moderately’ due to the effects of its cost discipline and price increases, as well as sustained levels of cement demand.

India: UltraTech Cement has awarded a contract to Vibrant Energy to build a 21.6MW wind farm in Maharashtra. The wind farm will provide energy for UltraTech Cement’s cement plants in the state.

Saur Energy has reported that Vibrant Energy chief executive officer Srinivasan Viswanathan, said “We are excited to partner with UltraTech and accelerate their green energy transition. This partnership marks a significant step towards a sustainable and carbon-neutral future. This will act as a catalyst for transforming not just the cement industry, but other energy-intensive industries as well.”

France: The French cement sector association, France Ciment, has called on the government to make ‘heavy investments’ in the industry amid its on-going transition to net zero CO₂ cement production. It estimated the total cost of its transition, which will include carbon capture, at Euro3.5bn,according to Les Echos newspaper. The association said that producers currently benefit from the government’s partial price cap on electricity for industrial plants. It sought clarity as to whether the cap will remain in force beyond its scheduled limit in 2025. Lafarge France said that capped prices covered 50 – 60% of its electricity consumption in 2022.

Vietnam: State-owned Vicem Ha Tien has despatched its first shipment of cement to the US. The Vietnam government says that Vicem Ha Tien will continue to further diversify its markets.

Domestic-focused cement producers like Vicem Ha Tien have experienced increased competition in the past year due to a slowdown in the Chinese market.

Mexico: Construction activity grew by 29% year-on-year during the first half of 2023. Local press has reported that this is its sharpest increase since reporting began in 2006. Major infrastructure projects reportedly drove the growth. These include the Mayan Train, Isthmus Train and Mexico-Toluca Interurban Train railway projects and the Olmeca oil refinery project.

As a result, Cemex and GCCs’ share prices have been the fastest and seventh fastest growing respectively on the main index of the Mexican Stock Exchange.