Brazil: Buzzi has finalised the acquisition of the remaining 50% stake in Companhia Nacional de Cimentos (CNC) from Brennand Cimentos, securing full control over the joint venture. The deal, valued at US$311m, was approved by Brazil's Administrative Council for Economic Defense (CADE), according to Movimento Econômico. CNC has been operational since 2018 and has five integrated cement plants and two grinding plants in Brazil, with a total production capacity of 7.2Mt/yr. This acquisition follows initial transactions that began in June 2024.

India: Orient Cement has won an order from Madhya Pradesh Power Generating Co to install a clinker grinding unit at Satpura Thermal Power Station, Sarni. The ‘work order’ was issued by the company to install the grinding unit, along with a 25-year fly ash supply contract. Earlier in August 2024, Orient Cement said that it anticipates a robust demand recovery in the second half of the financial year post-monsoon.

India: Adani Group is negotiating the purchase of Heidelberg Materials' cement business in India, potentially valued at US$1.2bn, according to Reuters. Heidelberg Materials has been present in India since 2006, and owns four plants with a total capacity of 12.6Mt/yr. The acquisition discussions come amidst increased consolidation in the Indian cement sector, driven by heightened demand due to government investment in housing and infrastructure.

Sweden: SaltX Technology has secured a new grant from the Swedish Energy Agency for its project ‘Demonstration of new electric kiln technology at industrial scale to enable emission-free cement production.’ This funding follows previous support for testing and optimising electric quicklime production at its test and research facility in Hofors, Sweden. The grant aims to adapt and test SaltX's technology specifically for cement production, awarded under the pilot and demonstration program. It constitutes partial funding for the work that is planned to begin in March 2025 at the company's test and research facility.

Acting CEO of SaltX, Lina Jorheden, said "It is very encouraging that the Swedish Energy Agency supports us in our work to commercialise SaltX's electrification technology for the cement industry. The grant is an important component in the upcoming industrialisation phase."