Saudi Arabia: Meyar Company has bought the Malham cement products plant in Riyadh for US$880,000. Local press has reported that the company will use the facility to target the cement products market in the city of Riyadh. A ready-mix concrete batching plant is also located at the site.
Çimsa Americas to establish 600,000t/yr grinding plant in the US
US: Çimsa and Sabancı Holding subsidiary Çimsa Americas plans to invest US$82m in the construction of a new 600,000t/yr grey cement grinding plant in the US. Daily Sabah News has reported that the company expects to complete the plant’s construction by the end of 2025.
Çimsa Americas already operates a 300,000t/yr white cement grinding plant in the US.
Atlante secures Euro49.9m grant for European vehicle charging network
Europe: The EU has awarded a Euro49.9m grant under its Alternative Fuel Infrastructure Facility (AFIF) to Taiwan Cement subsidiary Atlante. The cement group said that Atlante will use the funds to building a fast and ultra-fast electric vehicle charging network in Europe.
Chaudhary Group signs strategic partnership deal with Adani Group
Nepal/India: Chaudhary Group has signed a memorandum of understanding (MoU) for a strategic partnership with India-based conglomerate Adani Group. According to the MoU, Adani Group will support the Nepal-based cement producer in its distribution of cement into neighbouring states of India.
The Kathmandu Post newspaper has reported that Chaudhary Group’s managing director Varun Chaudhary said "This collaborative effort stands as a pivotal milestone, underlining our commitment to augmenting economic cooperation and trade relations between the two nations.” He added “Through this strategic collaboration, we aspire to fortify the harmonious rapport that characterises the Nepal-India relationship, while actively contributing to the growth and development of the adjoining states."


