Kyrgyzstan: The government says that construction of the upcoming 1Mt/yr Tash-Kumyr cement plant in Jalal-Abad region is 60% complete, and the plant is on track for commissioning in 2025. Central Asia News has reported that the facility will employ 250 – 300 people.
Fauji Cement grows sales in 2024 financial year
Pakistan: Fauji Cement recorded sales of US$287m in the 2024 financial year, which ended on 30 June 2024. This corresponds to year-on-year growth of 18% from US$244m in the previous financial year. The company’s operating costs rose by 14% to US$195m. Nonetheless, it succeeded in growing its net profit by 10%, to US$29.5m.
Adani Ports and Special Economic Zone inaugurates 2Mt/yr Guna grinding plant
India: Adani Ports and Special Economic Zone has opened a 2Mt/yr grinding plant in Guna, Madhya Pradesh, Mint News has reported. Together with a neighbouring firearms plant, the Adani Group subsidiary invested US$417m in the project.
JK Cement to invest US$584m in Jaisalmer cement plant project
India: JK Cement plans to invest US$584m in its construction of a new cement plant in the Jaisalmer district of Rajasthan. IM News has reported that the producer has already secured environmental clearance for the upcoming plant.
