Thailand/Sri Lanka: Siam City Cement has despatched US$111,000-worth of medical supplies and monetary donations to Sri Lanka as humanitarian aid amid the on-going financial crisis in the country. Year-on-year inflation was 61% in July 2022.

The Nation newspaper reported that the Thai government has donated a total of US$158,000-worth of supplies to the country. It said “The donations reflect the close and cordial ties as well as the goodwill between Thai and Sri Lankan people.”

India: Shree Digvijay increased its sales by 3.9% year-on-year to US$20.4m in the first half of the 2023 Indian financial year, from US$19.6m in the first quarter of the 2022 financial year. Despite this, higher costs resulted in a 21% fall in the producer's net profit to US$2.17m from US$2.75m.

India: Star Cement recorded sales revenues of US$82.3m in the first quarter of its 2023 financial year, up by 29% year-on-year from US$63.9m in the first quarter of the 2022 financial year. The producer's net profit dropped by 24% year-on-year to US$5.23m from US$6.86m. This was primarily due to a 34% rise in operating expenses toUS$72.5 from US$54.6m.

New Zealand: Golden Bay Cement says that proposed changes to New Zealand's emissions trading scheme (ETS) would force it to review the viability of cement production at its 0.9Mt/yr Portland cement plant in Whangārei, Northland. The Northern Advocate newspaper has reported that the government proposes to reduce the number of ETS credits available to industrial enterprises under free allocation from 2024.Since the scheme's introduction in 2008, highly emissions-intensive businesses such as Golden Bay Cement have enjoyed 90% free allocation of ETS credits for their emissions.

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