Ukraine: Renewable energy company Elementum Energy and Ukraine-based cement producer CEMARK, part of CRH, signed a one-year financial power purchase agreement to stabilise electricity prices, supplied from the 100MW Dniester Wind Farm to one of CEMARK’s plants.

It is the second such agreement signed by Elementum Energy, following a pilot deal in January 2025. CEMARK energy resources procurement manager Maryna Boyaryntseva said electricity costs are “one of the key components in the cost of cement and require constant attention and the introduction of new tools to influence price formation.”

Elementum Energy said one- to two-year price stabilisation tools are attractive to businesses in wartime, because they allow for a cost forecast and risk reduction without committing to a longer-term contract.

Papua New Guinea: The government will support the Mayur Lime and Cement Project (MLCP) and other lime and cement initiatives under the Special Economic Zones policy, aiming to eliminate cement imports, according to local press reports.

Minister for international trade and investment Richard Maru said the Marape-Rosso government wants to replace all imported cement and lower domestic costs.

He said “Cement is essential in building our nation. We have four other limestone projects on the way, in Central, Morobe (Finschhafen) and Chimbu. We want to see all our roads built with cement from the lime resources within PNG. We do not want to see any of our lime by-products like clinker to be sent overseas. All our lime must be used for our nation-building projects in PNG.”

He added “We are currently importing cement from China and we know that our cement factory in Lae is importing cement from other countries. We want this to cease when this project starts. We have enough resources here to supply our own needs and be the net exporter of cement.”

Iraq: The Ministry of Industry and Minerals plans to establish new cement plants with a total production capacity of 52Mt/yr, according to Iraqi News. Ministry spokesperson Doha Al-Jabouri said Iraq’s existing plants currently produce 32Mt/yr. The strategy responds to growing domestic demand and ongoing construction projects and aims to meet future requirements through integrated plant development.

Prime minister Mohammed Shia Al-Sudani launched six new cement plants in Muthanna province in April 2025 worth US$1.171bn. Al-Sudani said the goal is to meet local demand and end cement imports.

Canada: Carbon Upcycling Technologies closed a US$18m investment round led by Builders Vision to support its carbon capture and utilisation project at the Ash Grove Mississauga cement plant and with Titan Group at two of its facilities. Strategic investors CRH Ventures, Oxy Low Carbon Ventures and Titan Group participated in the round.

Carbon Upcycling CEO Apoorv Sinha said “Builders Vision's investment, along with the continued support of our partners, is a powerful signal that the market is ready for scalable, science-based solutions like Carbon Upcycling. With the support of Builders Vision and our strategic partners, we are setting the foundation for low-carbon construction.”