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JSW Group investigates possible cement investments in Assam

25 February 2025

India: JSW Group is actively seeking investment opportunities in Assam’s cement sector. Besides cement production, the group is reportedly investigating power plant opportunities in the state.

The Business Standard newspaper has reported that JSW Group Chair Sajjan Jindal noted the strategic importance of North East India as one half of a ‘dual-engine’ Indian economy.

Published in Global Cement News
Tagged under
  • JSW Group
  • India
  • JSW Cement
  • Assam
  • market
  • Energy
  • Asia

Ultracem sells some of Honduras assets for US$56m

24 February 2025

Honduras: Ultracem has announced that, through its subsidiary Ultracem Centroamérica, it is selling some of its assets in Honduras. The transaction involved the indirect sale of Duracem Honduras shares to Blackriver Overseas for US$56m.

The producer completed the sale on 20 February 2025, after fulfilling the conditions of the purchase agreement. It stated that the sale is “part of Ultracem's corporate strategy to focus its business on cement and concrete production activities in Colombia.”

Published in Global Cement News
Tagged under
  • Ultracem
  • Honduras
  • Divestments
  • Assets
  • Sale
  • Shares
  • Americas

UltraTech Cement signs memorandum of understanding for plastic waste management

24 February 2025

India: UltraTech Cement has signed a memorandum of understanding with the Himachal Pradesh Rural Development Department to process non-recyclable plastic waste at its Baga cement plant in Solan. The plant will process waste from Bilaspur, Hamirpur, Mandi, Solan and Una districts. The Rural Development Department operates 29 plastic waste management units that will supply waste to the plant.

Published in Global Cement News
Tagged under
  • UltraTech Cement
  • Himachal Pradesh
  • Memorandum of Understanding
  • Plastic
  • Waste management
  • Asia

First cement imports arrive at Mottama Port in Myanmar

24 February 2025

Myanmar: A vessel carrying 3000t of cement has arrived at Mottama Port, following the government's decision in January 2025 to permit cement imports in an effort to meet domestic demand for cement.

The shipment arrived on 21 February 2025 via the Kawthaung Border Trade Station to be distributed. Additional cement shipments will arrive weekly to address the domestic shortage, according to NP News. Myanmar's cement demand is reportedly 10Mt/yr, while domestic production is below 8Mt/yr.

Published in Global Cement News
Tagged under
  • Myanmar
  • Import
  • demand
  • Shipments
  • Asia
  • GCW698

Vietnamese cement and clinker exports down by 37% in January 2025

24 February 2025

Vietnam: Cement and clinker exports fell by 37% year-on-year to 2Mt in January 2025, according to the General Statistics Office (GSO). Exports were worth US$76m, a fall of 36% year-on-year. The decline has continued a downward trend that began in early 2022, with trade barriers in key markets such as the Philippines and Taiwan restricting exports, according to local news reports. The 10% export tax on clinker, imposed in 2023, has also added to industry challenges. The Ministry of Construction submitted a report in January 2025 to the Prime Minister, warning of potential cement plant closures.

Published in Global Cement News
Tagged under
  • Vietnam
  • Export
  • Clinker
  • data
  • statistics
  • General Statistics Office
  • decline
  • Asia
  • GCW698
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