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Ghana: Minister of Trade and Industry, K Hammond, has presented the Ghana Standards Authority (Pricing of Cement) Regulations 2024 in Parliament. This legislative instrument aims to control cement prices in response to rising costs.

The legislation follows government efforts to persuade manufacturers to reduce prices and address public concerns over escalating costs, according to the Daily Guide Network. Despite opposition from the National Democratic Congress lawmakers and cement producers, the regulation will likely become law after a 21-sitting day period in Parliament. The new law will introduce a price stabilisation fund to ensure consistent cement prices across the country.

Mr Hammond said "For a long time, we haven’t seen cement prices de-escalating. It's always escalating. I think there's something fundamentally wrong with the pricing of cement in the country.”

Switzerland: Holcim will close its historic site in Holderbank, Argovia, relocating approximately 200 employees to its headquarters in Zug from 2026. This move ends Holcim's 114-year presence in its founding location. Holcim will provide financial assistance for relocation or for those whose commute is affected, according to The Geneva Tribune. Prior to the transfer, the Zug headquarters will undergo renovation and expansion, eventually accommodating over 400 staff.

A spokesperson for Holcim said "The merger of the site and offices will not lead to any job cuts. There will be no layoffs."

Global: Titan Group and Sinoma CBMI have signed a Memorandum of Understanding (MoU) to collaborate on new business opportunities and technological innovations, focusing on decarbonising and digitising cement manufacturing.

Chair of the Titan Group executive committee, Marcel Cobuz, said "Our partnership with Sinoma will enhance our Green Growth Strategy 2026, benefiting both companies and advancing efficiencies across various fronts. Together, we are transforming the building materials sector towards a net zero future."

The MoU extends the collaboration beyond their initial joint venture on Titan's cement plant in Albania, exploring further advancements in low-carbon fuel and cooler technologies, virtual cement applications, digital logistics and carbon capture solutions.

India: Beumer will establish a production site in Reliance MET City, Jhajjar, with an investment of more than US$24m. The site covers over four hectares and represents a strategic expansion for Beumer's subsidiary, Beumer India. Construction is set to begin in mid 2024 with the plant's inauguration scheduled for September 2025.

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