India: Aditya Birla Group subsidiary UltraTech Cement has entered talks to acquire Heidelberg Materials' 69% stake in HeidelbergCement India, Reuters reports. Executives from Aditya Birla Group have reportedly met with Heidelberg Materials' management to discuss the acquisition. Heidelberg Materials’ stake has been valued at approximately US$391m.

The talks come after the Economic Times reported that Ultratech’s rival Adani Group was in discussions to buy Heidelberg's stake back in October 2024.

Tunisia: Carthage Cement recorded a fall in turnover of 2% year-on-year to US$133m at the end of the 2024 financial year, ‘in an economic context marked by numerous challenges’, according to local news reports. Despite this, the company recorded a rise in cement production and clinker production, to 1.82Mt (+3% year-on-year) and 1.57Mt (+1% year-o-year) respectively. Local sales rose by 2% year-on-year to US$109m, while exports fell by 30% to U$12.6m. This decrease was reportedly mainly due to a strategic decision to limit export clinker sales in view of ‘unattractive’ market conditions. The producer reduced its debt by 10% to US$101m.

India: JK Cement has entered a joint venture with Saifco Cement, through which it will expand its offering in northern India. JK Cement will acquire a 60% stake in Saifco Cement for US$20.1m to expand in Jammu and Kashmir, where Saifco owns limestone reserves of 129Mt across 144 hectares. The acquisition will involve both the companies working together to increase the capacity of cement production by leveraging the expanse of the limestone reserves in the next five years, according to a press release.

JK Cement CEO Madhav Singhania said "Cement demand typically leads economic expansion by a factor of 1.2 in regions with significant infrastructural development opportunities, and Kashmir is undoubtedly one of these regions."

Malaysia: Cahya Mata Cement will build a second line at its Mambong facility in Kuching to increase cement production and support Sarawak's infrastructure development. Construction is expected to take 24 months, with expected completion in March 2027.

The project will add 6000t/day of clinker capacity, raising output to 1.92Mt/yr. This will enable the company to become self-sufficient in its clinker supply and therefore eliminate the need for imports.

The company signed a technical consulting agreement with Sinoma Industry Engineering in November 2023 to design and construct the new production line. It will feature a waste heat recovery system, generating up to 6MW of power, alongside a dust filter designed to cut emissions to half of the current regulatory limit, according to the New Straits Times. The new line will also use locally-sourced alternative raw materials to reduce its reliance on fossil fuels.

Cahya Mata Cement acting division head Choong Ju Tang said "Once the project is approved and construction is completed, Cahya Mata Cement will be well-positioned to meet the construction industry's demand.”