The Gambia: The Gambian government has released over 300 truckloads of imported cement held at the Senegal border at Farafenni. The Ministry of Trade, Industry, Regional Integration and Employment described the move as a one-time measure intended to alleviate the backlog caused by a rise in import duties, by a factor of six, to US$2.66/bag. The Cement Importers and Traders Association (CITA) welcomed the release of the cement, citing concerns over a possible shortage.

India: The National Company Law Appellate Tribunal (NCLAT) has declined to stay insolvency proceedings against Jaiprakash Associates, following a challenge by its board. The board has been suspended since the NCLAT admitted an insolvency plea against the company on 3 June 2024. Press Trust of India News has reported that ICICI Bank first initiated proceedings over outstanding debts in September 2018.

The board of Jaiprakash Associates submitted that it will remain ‘asset-rich,’ even after it sells cement plants to repay loans. It attributed its present ‘liquidity crunch’ to delayed government approvals, ‘prolonged’ litigation and policy changes. The NCLAT stated that it must admit insolvency pleas in cases of defaulted debt repayment, saying that a judicial resolution will prevent further depletion of Jaiprakash Associates’ assets.

China: The National Development and Reform Commission, along with other government departments, has launched the Special Action Plan for Energy Conservation and CO2 Reduction in the Cement Industry. The plan aims to cap clinker capacity at 1.8Bnt/yr by 2026, with 30% of it above the national energy efficiency benchmark level. This will reduce energy consumption per tonne by 3.7% from 2020 levels. The plan will eliminate 13Mt of CO2 emissions and 5Mt of coal consumption in 2024 – 2025.

North Korea: State-owned Sunchon Cement has completed an upgrade to its cement plant in Sunch'ŏn-shi, P’yŏngan-namdo Province, Korea News has reported. The upgrade included the installation of real-time monitoring equipment in the plant’s raw materials conveying system. The company says that this will help to increase the plant’s efficiency. It also fitted new crushers and vibrating feeders.

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