Global Cement News

Philippines: Holcim Philippines has renewed its supply agreement to provide cement for Megawide Construction’s projects across Luzon in 2024. The partnership, initiated in 2016, continues amid increasing cement demand from Megawide.

Markus Hennig, Megawide's executive vice president, said "With our renewed supply agreement with Holcim Philippines, Megawide has reinforced its linkage with a like-minded partner who supports our vision of a first-world Philippines.”

Holcim Philippines president and CEO Horia Adrian said “We look forward to providing Megawide’s cement supply needs in 2024 and continuing engagements on possible collaborations to advance innovative and sustainable building in the Philippines.”

Switzerland: After 128 years as a family-operated business in Grandson, Vaud, Cand-Landi will become a subsidiary of Holcim Group. This acquisition marks an expansion for Holcim in the areas of aggregate and concrete production, as well as landfill management.

The terms of the transaction, including the financial details, have not been disclosed. However, the Cand-Landi name will be kept after the acquisition.

UK: Tarmac will utilise River Logic's Digital Planning Twin™ for enhanced supply chain capabilities in its cement division.

Jim Dutton, cement supply chain planning manager at Tarmac, said "We're pleased to have commissioned River Logic as a partner to work with our cement business in the UK. Working with River Logic means we have further support to simplify, connect, and optimise our supply chain efforts. With this third-generation system, we can look at CO₂ emissions data in addition to supply and demand information which supports our planning."

Mexico/Spain: Cemex has entered a partnership with energy transition investor White Summit Capital to develop projects that will contribute to its 2050 net-zero objectives. The partnership focuses on decarbonising operations and circularity, including reducing its cement’s clinker factor, optimising its fuel mix and transforming refuse into energy.

Sergio Menéndez, president of Cemex Europe, Middle East, Africa & Asia, said “We are pleased to have entered this collaboration with White Summit Capital and are excited to explore how together we can develop innovative solutions to decarbonise Cemex Europe operations and further strengthen our circularity positioning.”

Saudi Arabia: Riyadh Cement has reported its annual financial results for the period ending on 31 December 2023. Revenues were US$171m, a 7.6% year-on-year increase from US$159m in 2022. However, net profit marginally decreased by 0.6% to US$50.3m, compared to US$50.6m in the previous year.