UAE: RAK White Cement’s revenues declined by 3% year-on-year to US$34.1m in the first half of 2024. Nonetheless, the company more than tripled its net profit, to US$5.3m.

Peru: Switzerland-based Holcim has acquired ready-mix concrete producer Mixercon and industrial minerals producer Comacsa for US$100m. Comacsa owns a white cement plant in Lima. Noticias Financieras News has reported that the acquisitions mark Holcim’s entry into Peru, strengthening its hold in the South and Central American market.

Regional head Oliver Osswald said "The incorporation of Comacsa and Mixercon will allow us to generate synergies and develop export markets.”

Austria: Alpacem will invest €50m to modernise its Wietersdorf plant, including a new cement grinding plant, reportedly capable of saving up to 21,000t/yr of CO₂ and reducing electricity consumption, according to the Kronen Zeitung. The plant is scheduled for completion and commissioning in 2027. In the future, a new cement silo plant will also be built in the Görtschitztal valley, directly connected to the railroad.

Florian Salzer, technical director at Alpacem Zement Austria said "With this new project, we are investing in a sustainable future and laying the foundations for energy-efficient and environmentally conscious cement grinding."

Managing director Lutz Weber added "Alpacem has a clear goal: CO₂-neutral production by 2035. To achieve this ambitious goal, we need a package of measures and a concrete path."

Uzbekistan: Shriram EPC, a subsidiary of India-based conglomerate SEPC, has been awarded a US$325m contract from JV Ohongron Sement to build a 3Mt/yr greenfield cement plant in Urgaz Village, Akhangaran District, reports NDTV Profit. Shriram EPC will handle design, engineering, project management, civil works, supply, erection, testing and commissioning at the plant. The project will be completed over the next 30 months, according to an exchange filing.