UK: John King Group has acquired valve manufacturer DAB Valves for an undisclosed amount. DAB Valves sells a variety of valves and associated equipment within their range from slide and butterfly valves to gravity flap diverter valves and drop out boxes. The 40-year old company is based near Parwich in Derbyshire.

David Wadworth the managing director of John King Group, said “In acquiring DAB Valves we have added a complementary range of products to the existing John King Group portfolio. We are delighted to announce that DAB Valves
will continue to be manufactured in our Yorkshire based factory where we have a full complement of machinery to be effective in this objective. We are delighted to harness our production capabilities with the on-going support of Bob Wright and the DAB Valves design team who have over 40 years of industrial and applicational expertise.”

Bob Wright, the managing director and owner of DAB Valves, added, “Selling the business to John King Group is an exciting one. Yes, it frees up some of my time and enables me to focus on what I love the most, which is the design and engineering of the Valves. Having John King Group ambitious team behind DAB Valves, I know will take the brand to the next level. You only have to visit their Leeds manufacturing site to feel the energy and hunger for success, along with their continued reinvestment in equipment and people.”

John King Group says that its purchase of the DAB Valves brand will further strengthen its global support network and in-house design, engineering and manufacturing capabilities.

Vietnam: Nghi Son Cement Corporation has despatched its first batch of cement to customers in the US. The shipment consisted of 31,500t of cement produced at the company's Thanh Hoa cement plant. Việt Nam News has reported that the producer moved into the US market due to declining cement demand domestically.

Nghi Son Cement Corporation is a joint venture of Vietnam Cement Corporation (Vicem), Japan-based Taiheiyo Cement and Japan-based Mitsubishi Materials.

Trinidad & Tobago: Trinidad Cements' sales were US$309.6m in 2022, up by 9% year-on-year. Group earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 19% to US$77.0m. The Trinidad and Tobago Guardian newspaper has reported that the producer recorded a US$16.1m loss during the fourth quarter of the year. The producer attributed this to a weather-related drop in cement demand across its markets, as well as restructuring costs for its Barbados-based subsidiary Arawak Cement.

Trinidad Cement chair David Inglefield and managing director Francisco Aguilera Mendoza said "We will ensure that our operations remain resilient by continuing effective cost management initiatives to maximise value in this challenging economic environment. Additionally, we expect improved productivity and efficiency of our equipment on completion of major planned maintenance in 2023."

India: Sagar Cements says that its subsidiary Andhra Cements will relaunch the clinker line at its Durga cement plant in Andhra Pradesh before July 2023. The Hindu BusinessLine newspaper has reported that the producer previously relaunched grinding operations at the plant in April 2023.

Sagar Cements plans to invest a further US$56.8m in Andhra Cements’ Durga cement plant to increase its installed cement capacity by 67% to 3Mt/yr and its clinker capacity by 39% to 2.3Mt/yr before 2025.