India: Adani Group told investors that it repaid a US$500m bridge loan for its acquisition of ACC and Ambuja Cements on 7 March 2023. The deal was completed in September 2022, and payment on the loan was due by 9 March 2023 at the latest. UK-based Barclays and Standard Chartered and Germany-based Deutsche Bank underwrote the loan.

Business Today Online News has reported that Adani Group is seeking to pre-pay its loans in order to allay investor concerns about its debt.

Mozambique: Dugongo Cimentos plans to build a US$192m, 6000t/day cement plant at Nacala-Porto in Nampula Province. The Macao News has reported that the producer expects the plant to create 600 new jobs locally.

Dugongo Cimentos previously inaugurated its 2500t/day Matutuine cement and clinker plant in Maputo Province following a total investment of US$330m in 2021. The company is jointly owned by state-owned SPI Gestão e Investimentos and China-based West International Holding.

India: India's 'core industries,' including cement, steel and fossil fuels, employ just 8% women across the total workforce. The Free Press Journal has reported that gender equality body UN Women found the proportion of women to be as low as 3.9% at UltraTech Cement. JSW Cement owner JSW Group employs 5.3% women. Meanwhile, Holcim, which left the Indian market in September 2022, operates with a 13% female global workforce.

Cement companies joined in celebrations of International Women's Day on 8 March 2023.

Cyprus: Vassiliko Cement has secured environmental clearance to build a new alternative fuel (AF) store at its Vassiliko cement plant in Nicosia. Philenews has reported that the facility will replace the site’s former AF store, which burned down in a fire started by a mobile shredder in June 2022.

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