Argentina/Brazil: A consortium led by LATCEM, Redwood Capital Management and Moneda Patria Investments has taken control of Brazil-based InterCement and indirect control of Argentina-based Loma Negra. The move follows the completion of the second phase of a judicial reorganisation process prompted by InterCement’s high level of debt, according to Bloomberg Línea News. The trio of investors has injected US$110m into InterCement. They now hold around 39%, 27% and 24% respectively of the company. InterCement holds a 52% direct controlling share in Loma Negra via a subsidiary. Marcelo Mindlin, the controller of LATCEM, has been appointed as the president of Loma Negra.

India: Shree Cement plans to build a 1Mt/yr integrated plant at Daistong, East Jaintia Hills District, in Meghalaya. The project has an estimated cost of US$194m and it will be paid for via internal accruals and debt. The plant is forecast to be built by March 2028.

US: Holcim is prepared to delist Peru-based Cementos Pacasmayo from the New York Stock Exchange. Cementos Pacasmayo said that Holcim has filed paperwork with the US Securities and Exchange Commission to this end. As part of the process, and in order to follow the law in Peru, Holcim is required to complete a public tender offer for shares before it can delist.

Holcim completed its acquisition of a majority-stake in Cementos Pacasmayo in late March 2026.

India: Cement plants in Ahmedabad have reportedly waived the fee for accepting spent sulphuric acid. Chemical plants produce about 2000t/day of spent sulphuric acid and 1500t/day of this is accepted by local cement companies, according to the Times of India newspaper. The cement plants were previously charging US$5 – 15/t depending on the quality and acidity level of the spent acid. Under the new agreement the chemical companies will now only have to pay transport costs. Cement companies were reportedly persuaded to cut the gate fee due to a sharp rise in sulphur and sulphuric acid prices and a tighter supply of spent acid. Global sulphur prices have been adversely affected by the ongoing war in Iran.