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Pakistan: On 18 April 2024, the Sustainable Development Policy Institute (SDPI) and the Policy Research Institute for Equitable Development (PRIED) launched two studies focusing on the decarbonisation of Pakistan's cement sector. The initiative focuses on collaboration and technology sharing to reduce the industry's carbon footprint.

Professor Muhammad Fahim Khokhar from the National University of Science and Technology (NUST) said "The global CO₂ emissions released from the cement sector are 37.4Gt, which is rising at 1.1% per year."

The study by PRIED and NUST showed a 30% increase in cement sector CO₂ emissions in 2020 relative to 1990-2000, reaching 49.6Mt/yr. The study proposed strategies for cement sector decarbonisation, such as alternative fuels, clinker substitution, renewable energy, process electrification, energy efficiency and carbon capture technologies.

According to researcher Saleha Qureshi, the major challenge for decarbonisation is that cement industries in Pakistan rely on over 65% coal in the calcination process. Other challenges identified were lack of regulatory and policy support, absence of performance-based standards, high transition cost and limited incentive available for the transition.

Mexico: Mexico's major cement producers predict modest growth in 2024 as some government infrastructure projects conclude and budget reductions take effect. These companies, including Cemex, Grupo Cementos and Holcim, have benefited from large-scale projects under President López Obrador but now face a tempered outlook.

General construction activity in Mexico grew in 2023, with a 15.6% increase driven by civil works, increasing the construction industry's GDP to US$94bn. However, with the completion of projects like the Mayan Train and anticipated budget cuts, growth expectations have cooled.

The National Cement Chamber forecasts a 2% rise in cement consumption in 2024, reaching 46.4Mt. Cement producers are adjusting strategies, with Cemex focusing on European markets and Holcim investing in plant expansions in Mexico, including a US$55m investment in its Macuspana plant in Tabasco.

China: Beijing-based China National Building Material (CNBM) anticipates its first-quarter losses to increase by more than 50% to US$180m, up from US$72.6m in 2023. The company attributes the increased losses to lower selling prices for its key products, worsening performance of associates, and higher currency losses, despite a decrease in cost of sales. Following a meeting with CNBM, Citi analysts reported a 10% year-on-year fall in demand for the cement sector in the first quarter of 2024, with a forecasted full-year decline of 3%-5%.

Pakistan: Fauji Cement Company (FCC) and DG Khan Cement Company (DGKC) are expected to reveal mixed financial results for the third quarter of the 2024 financial year. FCCL expects a decline in earnings due to increased depreciation expenses from a new cement line, forecasting a quarterly revenue of US$69.7m, down by 3% year-on-year. In contrast, DGKC anticipates improved earnings of US$2.6m, an 84% increase in earnings from the previous quarter, helped by lower repair, fuel and power costs. DGKC's expected revenue stands at US$47.8m, marking a 27% drop. Both companies have noted a sequential decline in local cement dispatches, indicating ongoing market challenges.

Global: The Global Cement and Concrete Association (GCCA) has received nearly 100 applications from worldwide tech start-ups for its Innovandi Open Challenge, which targets the decarbonisation of cement and concrete. This year's challenge is centred on carbon capture, utilisation and storage (CCUS) technologies.

Thomas Guillot, GCCA’s Chief Executive, said "There are already more than 100 CCUS cement industry pilots, projects and announcements in the pipeline across the world – with the world’s first commercial scale carbon capture and storage plant set to complete later this year. Innovation will help our industry to deploy this technology further and faster."

Claude Loréa, GCCA’s Cement, Innovation and ESG Director, said "It’s really encouraging to see nearly 100 applications for our Innovandi Open Challenge and from all parts of the world. As well as the US, UK and India, we’ve received applications from China, Greece and Australia for the first time. It demonstrates the high level of interest in working with our industry to make cement and concrete net zero. We’re looking forward to assessing all the applications, in detail."

The association, alongside over 50 experts from member companies, will now review and shortlist the most deployable technologies, offering shortlisted start-ups access to key industry resources and networks.

Pakistan: The Punjab government has decided to amend the Local Government Act 2022 to remove discrepancies and has called for proposals from all relevant departments. It aims to ensure that all necessary clearances are obtained before approving the establishment of new cement plants, according to Pakistan Official News. Due to water shortages, expansions or new establishments of cement plants must undergo a feasibility study. Committee members will personally inspect sites for the approval of these plants and the Irrigation Department will pursue legal action against any cement plants exceeding prescribed water usage limits.

Cyprus/Canada: Eureka Shipping has announced the construction of a new cement carrier for operation in the Great Lakes, designed to replace two older vessels whilst maintaining the same cargo capacity. The vessel will discharge cargo at rates of up to 1000t/hr.

The carrier is currently under construction by the Holland Shipyard Group in the Netherlands and is scheduled for delivery in 2025. Until then, the MV Sunnanvik will service its trade routes in the region from April 2024.