China: West China Cement recorded US$1.23bn in sales in 2022, up by 6% year-on-year from US$1.16bn in 2021. The producer's profit dropped by 23% to US$176m from US$230m.

Looking to the 2023 full year, West China Cement said that it expects demand in Guizhou and Xinjiang Provinces to 'remain subdued.' It noted upcoming infrastructure projects in Shaanxi Province as a source of substantial demand, but overall does not expect significant demand growth there. Meanwhile in Mozambique, the group expects its performance to remain unchanged.

Finland: VTT Technical Research Centre subsidiary Carbonaide has concluded its seed funding round, having raised funds worth Euro1.8m. Lakan Betoni, which produces precast and ready-mix concrete, led the funding, along with utilities provider Vantaa Energy. Carbonaide will use the funds to build an industrial pilot plant for its carbon neutral precast concrete product at an existing precast concrete plant in Hollola. The plant will bind captured CO₂ in the product at atmospheric pressure. The process generates 50% lower CO₂ emissions than precast concrete production using ordinary Portland cement (OPC). Suitable raw materials include ground granulated blast furnace slag (GGBFS), green liquor dregs and bio-ash. In trial production, the use of GGBFS gave Carbonaide's concrete a negative carbon footprint of -60kg/m³.

Other sources of loans and in-kind contributions included Finnish state innovation fund Business Finland.

Mexico: Cemex has reviewed its global sustainability and financial performance during 2022 in its Integrated Report 2022. During the year, the group reduced its specific CO₂ emissions by 9% from 2020 levels and by 30% from 1990 levels. It achieved a target of US$1bn-worth of investment in strategic projects over a period begun in 2020. Projects included the execution of water optimisation plans at 20% of Cemex sites in high-water stress areas. Cemex co-processed 27Mt of waste as alternative fuel (AF) in its global cement production - 67 times greater than its own non-recyclable waste footprint - and achieved an AF substitution rate of 35%. Meanwhile, the group also reduced its cement's clinker factor to 74%. Its Vertua reduced-CO₂ concrete range accounted for 33% of its concrete sales. During the year, Cemex launched the world's first net zero, fully electric heavy concrete mixer truck.

In 2022, Cemex recorded sales of US$15.6bn, down by 12% year-on-year, and reduced its debt to US$408m.

India: Adani Group is rumoured to have entered negotiations to extend the repayment duration of its US$4bn loan for the acquisition of Holcim's Indian business. The group secured the funds in August 2022. The Economic Times newspaper has reported that the group is seeking to extend the duration of its repayments from 18 months to at least five years. It is reportedly also seeking a similar extension for a parallel US$1bn mezzanine loan tranche.

Adani Group described the rumour as 'incorrect.'