Global Cement News

Pakistan: Cement exports from Pakistan significantly increased in September 2024, rising by 71% year-on-year to 0.98Mt, compared to 0.57Mt in September 2023. Despite this growth in exports, domestic cement sales continued to decline, falling by 18% in September 2024. Overall, cement sales for the month decreased by 5.6%, totalling 3.54Mt compared to 3.75Mt in September 2023. From July to September 2024, domestic sales were down by 20%, totalling 8.13Mt, while exports rose by 22%, reaching 2.14Mt.

India: Shree Cement has signed a memorandum of understanding with the Department for Promotion of Industry and Internal Trade (DPIIT) to support startups in India's manufacturing sector. This partnership aligns with the government's ‘Make in India’ vision to encourage domestic manufacturing and build a self-reliant economy. Through this collaboration, startups will gain access to Shree Cement’s industrial expertise, network and resources, which will help them scale their operations and develop solutions. This initiative is expected to create new job opportunities, boost local production and reduce import dependency.

Philippines: Cemex Philippines has extended Aboitiz Construction’s contract to provide technical services for the commissioning of the upcoming Line 4 of its Antipolo City cement plant in Rizal. The Manila Times newspaper has reported that the new date on which the contract will conclude is in December 2024.

Aboitiz Construction chief operating officer Ramez Sidhom said "Our recent partnership with Cemex Philippines demonstrates our commitment to execution excellence and affirms our ability to provide reliable maintenance solutions while prioritising safety and quality of work.”

India: Adani Group is considering a merger of Ambuja Cements and ACC into a single entity, Adani Cement, by 2028. Mint News has reported that the group, which began integrating the operations of the two companies recently, may also include Sanghi Industries in the merger. The proposed merger would involve a share swap between the companies, with all existing brand identities retained.

Colombia: Cementos Argos says that it exported 1.5Mt of cement and clinker through its terminals at the Argos Cartagena cement plant in the first nine months of 2024, up by 10% year-on-year from the volumes recorded in the corresponding period of 2023. The plant exports cement and clinker to the US and Caribbean and Central American countries. Its terminals give a combined loading capacity of 1000t/hr of cement or 800t/hr of clinker.

Plant manager Alberto Carlos Riobó said "In 2022, we launched the port expansion project for our Free Trade Zone and, since then, we have continued to invest in the realisation of a dream that has allowed us to export products on a larger scale, receive a larger number of vessels with greater capacity, and continue serving markets beyond our borders. In this way, we continue to confirm that the customer is at the heart of our decisions.”