India: UltraTech Cement has commissioned 1.8Mt/yr of new cement capacity at its Kotputli cement plant in Rajasthan. The expanded plant will help the producer to serve markets in Rajasthan and the National Capital Region. Projects Today News has reported that the expansion is part of a 22.6Mt/yr capacity growth drive, first announced in June 2022. The latest commissioning has raised UltraTech Cement’s all-India capacity by 1.3% to 137Mt/yr, and that in Rajasthan by 11% to 18.9Mt/yr.

Australia: France-based Saint-Gobain has submitted a non-binding indicative offer of US$5.44bn for building materials producer and land banking entity CSR. CSR’s businesses include insulation producer Bradford, fibre cement systems producer Cemintel, wallboard producer Gyprock, autoclaved aerated concrete (AAC) block producer Hebel and roofing producer Monier. Together, CSR’s building materials units accounted for 72% of its sales in 2023.

Saudi Arabia: Sinoma Overseas Development completed start-up testing and hand-over of new grinding mills at Arabian Cement Company’s Rabigh cement on 21 February 2024. The supplier said that the delivery was in accordance with the terms of the original contract between its parent company, China National Building Material (CNBM), and the producer.

Sinoma Overseas Development attributed deviations from the project’s previously announced schedule to the need for discussions with CNBM about remaining project works, equipment operation plans, procurement schedules and acceptance tests. As provided for in the contract, the work will be subject to a 5% delay penalty.

Germany: Heidelberg Materials reported sales growth of 0.4% in 2023, to €21.2bn. The group saw its profits grow by 21%, from €1.72bn to €2.09bn. During the year, the company reduced its specific CO₂ emissions per tonne of cementitious material by 3% from 551kg to 534kg and lowered its clinker factor from 72% to 70%.

Chair Dominik von Achten said "In the 150th year of our company's history, we have once again shown that we can deal with change and crises. I am extremely proud of our teams around the world, who have remained firmly focused on our targets and have once again done an extraordinary job." He added "We are entering 2024 with optimism. Although the general economic conditions in the construction sector remain challenging, we anticipate growth in revenue and earnings also in the current year. Our shareholders are benefitting from this growth thanks to the progressive dividend and the new, comprehensive share buyback programme.”