Global Cement News

Jamaica: Caribbean Cement Company has confirmed a shortage of cement due to increased demand following the impact of Hurricane Beryl. Despite concerns about its effect on the construction sector, former president of the Incorporated Masterbuilders Association of Jamaica Lenworth Kelly, says the lack of supply is typical for the local market and not a cause for concern, expecting a return to normality within a week, according to Radio Jamaica News. Caribbean Cement Company has stated that it has a supply of cement in storage for the period during its scheduled maintenance.  

Kelly said "It's just a matter of when supply gets back to you. And I know the supply is back up, but it has to get to every little town, every little location. I know the bulk suppliers would be receiving now, but I'm not expecting any significant contribution to a decline, as it were. We had a significant spike, and so we would expect some trending down."

Uzbekistan: Cement companies in Uzbekistan produced 9.08Mt of cement from January to July 2024, marking a 34.6% rise year-on-year. In July 2024, production reached 1.33Mt.

Latvia: Stiga RM is investing more than €32m in a new wood-wool cement board plant in Tukums, expected to complete construction by late 2024 and be operational by the end of 2025. Covering 15,000m², the plant will create almost 100 new jobs and focus on high-quality wood products, primarily for export markets in Europe, Scandinavia and North America. The plant has a capacity of 4.5Mm²/yr of acoustic wood-wool cement boards. The company has an agreement with SCM Group for the supply and installation of the production equipment at the plant.

Manager Sandis Fogelmanis said "We are pleased that the construction of the new plant is progressing according to plan and, at some stages, is even ahead of the original schedule."

Belgium: Heidelberg Materials Lixhe (formerly CBR) has applied to expand the Romont quarry towards Kanne, ensuring the Lixhe plant's operations for the next 20 years with an additional 94.75 hectares. This expansion marks the third and final phase, intending to continue marl extraction on Walloon territory. A public inquiry is scheduled from 16 September - 30 October 2024.

Director Benoit Gastout said "Based on a recent environmental impact report, we are now requesting the partial revision of the regional plan and an environmental permit for the desired extension. We are very aware of the impact of the quarry on the region. That is why we have been taking various measures for years to ensure that Romont is embedded in the landscape as well as possible and that the fauna and flora are respected because of the rich biodiversity. The priority in all of this remains that we want to live in harmony with the local population.”

Greece: Titan Group has launched a sustainability-linked financing framework, aligning its financial strategy with its greenhouse gas emission reduction targets validated by the Science Based Targets initiative. This framework supports the company's sustainable growth ambitions under its Green Growth Strategy 2026. Future notes will fund general corporate purposes, including sustainable projects and decarbonisation efforts towards Titan’s transition to net-zero emissions.

Chief sustainability and innovation officer Leonidas Canellopoulos said “Transforming the building materials industry towards a more sustainable, net-zero future requires significant investments, with sustainable finance playing a crucial role in this transformation. The framework will enable Titan to attract a broader range of investors, including those focused on sustainable investments and ESG portfolios. Our financial and sustainability strategies are now aligned under a solid framework, further strengthening our stakeholders’ confidence and trust.”