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Algeria: Algeria has initiated the export of 46,000t of cement to the US, overseen by Trade Minister Tayeb Zitouni at the port of Annaba.

Minister Tayeb Zitouni said “This operation is part of our ongoing efforts to develop and diversify Algerian exports to foreign markets. This demonstrates the government's commitment to increasing and diversifying our exports. We are also committed to supporting export businesses and streamlining administrative procedures to promote sector growth.”

Japan: Sumitomo Osaka Cement recorded sales of US$1.42bn in the 2024 financial year, up by 9% year-on-year from 2023 financial year levels. The company’s net profit was US$104m, up by 32%. Its cement sales were US$1.02bn, up by 14% year-on-year.

Japanese cement demand for the financial year totalled 34.6Mt, down by 7% year-on-year. Under its 2025 Medium-Term Management Plan, Sumitomo Osaka Cement has continued work to increase its profitability and to expand its overseas business in Australia, as well as developing new ventures in the decarbonisation field.

UAE: Aditya Birla subsidiary UltraTech Cement Middle East Investments has offered to acquire a new 32% stake in RAK White Cement. The Business Standard newspaper has reported that UltraTech Cement Middle East Investments previously announced its acquisition of a 29% stake in RAK White Cement on 15 April 2024.

 

India: Anjani Portland Cement’s consolidated sales were US$74.9m in the 2024 financial year, which ended on 31 March 2024. This corresponds to a year-on-year decline of 6% from US$80m in the 2023 financial year. Group operating expenditure rose by 4% to US$81m from US$77.4m. As such, the company recorded a loss of US$4.72m.

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