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Star Cement to set up US$367m plant in Assam 26 February 2025
India: Star Cement will build a US$367m integrated cement plant in Assam.
The producer signed a memorandum of understanding with the state government on 26 February 2025, the final day of the Advantage Assam business summit. The summit attracted 164 investment proposals across 15 sectors on its opening day.
India: UltraTech Cement's board has approved the separation of Kesoram Industries' cement business, effective from 1 March 2025. Under this plan, Kesoram Industries cement business will join UltraTech Cement.
The producer will issue one equity share of US$0.11 for every 52 Kesoram Industries shares. The merger will increase UltraTech Cement's production capacity by 7Mt/yr. The companies' boards first approved the merger on 30 November 2023, with the demerger previously scheduled for November 2024.
Holcim México mitigates 1.7Mt of CO₂ emissions in 2024 26 February 2025
Mexico: Holcim México has mitigated 1.7Mt of CO₂ emissions in housing and infrastructure projects throughout the country in 2024, according to a press release, through its ECOPact, ECOPlanet and ECOCycle sustainable products.
Holcim’s ECOPact low-carbon concrete reduces CO₂ emissions by at least 30% and represents 15% of its concrete sales, with a target of 27% by 2027. Its ECOPlanet cement range reduces CO₂ emissions by 35-65% relative to traditional blends and accounts for 56% of cement sales, with a target of 77% by 2027. ECOCycle technology incorporates recycled construction and demolition materials into concrete for non-structural applications like pavements.
Lebap cement plant production up by 72% in January 2025 26 February 2025
Turkmenistan: Lebap cement plant produced 112,000t of cement in January 2025, up by 72% year-on-year, according to Trend.
The producer said that it has implemented ‘modern technologies’ to ensure a steady supply of cement for construction, and uses local raw materials to decrease prices. It reportedly exported 108,000t of cement to Uzbekistan in 2023.
India: Prism Johnson recorded a 4% year-on-year decline in its nine-month sales, from US$632m in its 2024 financial year to US$607m in its 2025 financial year. Its net loss was US$8.6m, compared to a US$22m profit in the previous financial year.