Malaysia: Borneo Cement (Sabah) (BCS) plans to convert its upcoming integrated cement plant in Sabah's Tongod district into a tourist destination once the plant begins operations in May 2025. According to BCS chair Masiung Banah, limestone processing and environmental protection practices could serve as a an ‘attractive package’ for foreign and domestic tourists, according to The Star Malaysia. He said that limestone areas rich in flora and fauna and tropical ecosystems would be maintained without being polluted by factory waste. The plant will also reportedly be made into a research hub for Malaysian universities. It is currently in its first phase of development.

Cyprus: Labour Minister Yiannis Panayiotou has appealed to both sides for a resolution to the ongoing cement workers' strike that has now entered its fourth week, according to Cyprus Mail. Negotiations over a new collective agreement have been rejected, with workers demanding the restoration of overtime pay to pre-2018 levels, a reduction agreed upon between 2018 and 2020. Despite appeals from the minister and some employers open to continuing discussions, the unions have maintained a firm stance against altering their demands. The construction industry has reportedly come to a standstill as a result, prompting the minister’s involvement.

Panayiotou said "The restoration of normality in the concrete production sector is necessary for the smooth operation of the wider construction industry and other affected sectors, to avoid negative effects on the Cypriot economy. Unfortunately, we have entered the fourth week of strike measures despite the repeated efforts that have been made to bridge the gap.”

Kenya: A police operation in Athi River led to the arrest of five suspects and the impoundment of three trucks involved in a cement siphoning racket. Officers from the Kenya Police Service recovered over 660 bags of cement that allegedly weighed 4kg less than advertised, at 46kg each, according to The Star Kenya. The operation was initiated after a customer had complained about receiving underweight cement bags. One of the suspects said that he was paid US$3.86/day to siphon 2 - 6kg of cement from each 50kg bag, and that each truck carrying 220 bags of cement was siphoned by three people at a time, usually during the night.

US: Quikrete has entered into a definitive agreement to buy Summit Materials for a total enterprise value of US$11.5bn. The deal will add Summit Materials’ aggregates, cement and ready-mixed concrete business to Quikrete’s concrete and cement-based products business to create a vertically integrated business in North America. Quikcrete’s acquisition offer was first revealed in late October 2024. The transaction is expected to close in the first half of 2025 subject to shareholder approval at Summit Materials, regulatory approvals and other customary conditions.

Will Magill, CEO of Quikcrete, said “We are thrilled to welcome Summit into the Quikrete family.” He added, “This acquisition represents a significant milestone in our journey to expand our capabilities and geographic presence.”

Colombia-based Cementos Argos is Summit Materials’ largest shareholder with a 31% stake. It has agreed to vote all of its shares in Summit’s common stock in favour of the transaction. Cementos Argos says will generate a cash value of around US$2.9bn from the sales of its shares.

Italy: Construction company Cobar has signed an expression of interest with Heidelberg Materials Italia to use its EvoZero net-zero carbon captured cement product. Cobar’s CEO Vito Matteo Barozzi signed the agreement with Heidelberg Materials Italia’s CEO Stefano Gallini. The subsidiary of Germany-based Heidelberg Materials describes Cobar as one of its main customers and said that the deal confirms the progress that low-carbon products are making in the construction market.

Heidelberg Materials launched its EvoZero cement product in late 2023 and its EvoBuild low-carbon and circular products range in early 2024. EvoZero cement will be available in two versions, depending on the customer location. EvoZero Carbon Captured Brevik will be manufactured at the Brevik cement plant in Norway, where the company has built a carbon capture unit. Elsewhere in Europe Heidelberg Materials will sell EvoZero Carbon Captured, where the cement will be manufactured at a local plant and sold with a verifiable carbon proof using mass-balancing and book-and-claim systems.

Philippines: The Cement Manufacturers Association of the Philippines (CeMAP) and Eagle Cement Corporation have backed an order by the Department of Trade and Industry (DTI) to investigate alleged excessive imports of cement. In a statement the parties said that the investigation ordered by DTI Secretary Cristina Roque is a critical step that underscores the government’s commitment to ensuring fair competition, according to the Manila Bulletin newspaper. They added that the move would protect the local cement industry from undue harm caused by imports.

CeMAP previously submitted its position paper to the DTI on 12 November 2024 on the issue of imports of cement. Eagle Cement has backed the Federation of Philippine Industries in its position on the need to protect the domestic cement sector.

Data from the Bureau of Customs show that cement imports rose by 5% year-on-year to 6.2Mt from January to October 2024. 94% of the imports originated from Vietnam with 5% from Japan and 1% from Indonesia.

Iran: Ali Akbar Alvandian, the Secretary of the Cement Industry Employers' Association, says that cement plants have been forced to cut production due to a shortage of gas. He said that plants near cities had been forced to halve production, according to comments made to the ILNA news agency. Plants in the countryside, however, have been able to cope better by using mazut heavy fuel oil. In addition cement companies were also negatively affected by electricity rationing over the summer. At its peak, in August 2024, 70% of kilns were closed.

Despite these issues there have been no significant changes in the price of cement due to the country’s use of commodity exchanges. However, exports have decreased by 17% year-on-year in the first seven months of the year. Most of the country’s clinker is exported to Iraq, Kuwait and India. The main destinations for cement include Afghanistan, Russia, Kuwait, Armenia, Turkmenistan and Pakistan.

Ghana: Real estate companies say that the price of cement has continued to rise despite a new law intended to regulate them. A so-called legislative instrument (LI) was introduced in September 2024, according to CitiNewsroom. However, Samuel Amegayibor, the Executive Secretary of the Ghana Real Estate Developers Association, said at a property forum, “Since the LI on cement was passed, so far as we the users of cement are concerned, we haven’t seen anything different. Prices have gone up even from the day it was launched, it has gone up further.”

Originally the proposed law required that cement manufacturers should seek government approval before setting prices. However, this clause was removed following lobbying by cement producers and others. The LI was eventually passed after 21 parliamentary sittings.

Uzbekistan: Customs authorities have raised the clearance fee for cement imported from Tajikistan by seven-fold. In early November 2024 the fee was increased by US$300/t from US$35/t previously, according to the Asia Plus news agency. A source quoted by the news agency speculated that the move follows a strategy meeting by local cement manufacturers in October 2024. Tajikistan has previously been the main supplier of cement to Uzbekistan. However, as the country has built new cement plants, often supported by investors in China, domestic production capacity is growing. The Uzbek government previously banned cement imports for a short period in mid-2020.

Pakistan: Attock Cement expects that its cement despatches will decline by 10% year-on-year in the 2025 financial year. During a corporate briefing it revealed that local despatches of cement had fallen by 20% year-on-year to 7.91Mt in the first quarter to 30 September 2024 from 9.87Mt in the same period in 2023, according to the Pakistan Press International news agency. The decrease was more pronounced in the south of the country than the north. Despite this, exports grew by 22% to 2.14Mt. The company’s turnover and profit also fell during the reporting period.

The company is currently investing US$4.5m in a 4.8MW wind power unit. The project is intended to reduce the company’s reliance on the local electricity grid and reduce power costs generally. It is expected to become operational from January 2025. The cement producer is also planning to increase its usage of alternative fuels to further bring down production costs.