Indonesia: Norway-based Norges Bank has placed Semen Tonasa under observation for risk of damage to art in Leang Leang Maros Prehistoric Park in South Sulawesi. Reuters has reported that the cement producer has no monitoring system in place for its limestone mining operations near to the designated UNESCO Global Geopark. Vibrations and dust reportedly present a danger to the 44,000yr-old works of art at the site. Norges Bank holds a 1.6% stake in Semen Tonasa's parent company Semen Indonesia.

Norges Bank said "The background for the decision is the unacceptable risk of damage to prehistoric and irreplaceable culture heritage."

UAE: Holcim subsidiary Lafarge Emirates Cement (LEC) has begun construction of a 10MW waste heat recovery (WHR) plant at its 3.2Mt/yr Fujairah cement plant. Supplier Engie Solutions says that it expects to commission the installation later in 2023. Trade Arabia News has reported that the equipment is based on a closed-loop organic Rankine cycle and will eliminate 29,000t/yr of CO₂ - 28% of the Fujairah cement plant's energy-related CO₂ emissions.

LEC general manager Olivier Milhaud said "Engie’s energy-as-a-service model means guaranteed energy savings and higher reliability and resilience, with no capital outlay and no need for additional staff." He continued "We are fully committed to the UAE’s sustainability goals, including the 2050 Net Zero vision."

India: The India Cements recorded full-year consolidated sales of US$678m during the 2023 financial year, up by 15% year-on-year from 2022 financial year levels. The Economic Times newspaper has reported that the company increased its cement sales volumes by 9%, in line with overall volumes growth in the cement industry in India. It reported a net loss of US$205m, compared with a US$7.97m net profit in the previous financial year.

The India Cements said "The performance of the company during the year under review was adversely impacted by the record increase in the cost of fuel and power, which could not be compensated in the market due to supply overhang."

France: The French cement association France Ciment has announced a new CO₂ emissions reduction target of 50% across the cement industry between 2021 and 2030. The new target for 2050 will be 'virtual carbon neutrality.' The Les Echos newspaper has reported that the commitments replace previous reduction targets of 24% by 2030 and 80% by 2050. France Ciment says that its members are planning estimated investments of Euro5bn towards achieving the goals before 2040. These investments will cover areas including the deployment of carbon capture. Existing public and private investments in the industry's on-going projects to reduce CO₂ emissions amount to Euro1.7bn - sufficient to eliminate 27% of emissions compared with the 2021 baseline.

France Ciment’s President Benoit Pillon noted the necessity of cement in construction, and called for 'decarbonisation as a whole: less clinker in cement, less cement in concrete and less concrete in construction.' He urged the implementation of policies to secure 'decarbonised and competitive electricity.'