Global Cement News

India: Aditya Birla subsidiary UltraTech Cement is reportedly considering issuing bonds worth US$118m. Informist MoneyWire News has reported that the issuance may take place later in November 2024.

India: Aditya Birla plans to expand its production capacity by 28% from 156Mt/yr to 200Mt/yr before 2035. Group chair Kumar Mangalam Birla told the Hindustan Times Leadership Summit in New Delhi that scale is key to long-term survival, and that he always aims for his group to be a leader in any given industry in which it operates.

Domain-B News has reported that Birla said "It took the group 36 years to build a 100Mt/yr cement capacity, while it added another 50Mt/yr capacity in five years.”

India: UltraTech Cement has entered a new transport service contract to deploy about 100 electric vehicles for the transportation of 75,000t/month of clinker from its cement plant Dhar Cement Works in Madhya Pradesh to its grinding unit Dhule Cement Works in Maharashtra, 200km away. This expansion aims to reduce CO₂ emissions by 17,000t/yr. The initiative follows a successful pilot launched in January 2024, in which the company deployed five electric trucks for the transport of clinker on this route, as well as the deployment of charging infrastructure and training. UltraTech is evaluating additional routes for further electric truck deployment and plans to conduct another pilot with a similar model. The company aims to increase its electric truck fleet to 500 by June 2025 as part of India's eFAST initiative.

Kazakhstan: International Cement Group has opened its fourth plant, Korcem, increasing its capacity by 38% to 5.5Mt/yr. The US$153m investment aims to support the growing construction demands in Central Asia and is expected to meet rising export demand, especially from Kyrgyzstan.

Fiji: Fijian Holdings (FHL) plans to construct a new cement plant within the next two to three years in Lami, replacing the current facility which began operations in 1962. According to CEO Jaoji Koroi, the existing plant, operated by subsidiary Pacific Cement, has faced issues with machine breakdowns, which have affected production and profitability. In 2023, damaged machine parts forced the plant to close down for two months. The proposed new plant reportedly aims to produce more ‘environmentally-friendly’ products. The announcement follows a year where Pacific Cement saw reduced sales due to price controls and outdated equipment.