India: Sagar Cements says that its subsidiary Jajpur Cements is on track to commission its new 1.5Mt/yr Jajpur grinding plant in Odisha in December 2021. The Hindu BusinessLine newspaper has reported that the company invested US$41m in the plant’s construction. Sagar Cements acquired Jajpur Cements in May 2019 for US$16m. It had previously aimed to complete the new grinding plant’s construction by March 2021.

In October 2021, another Sagar Cements subsidiary, Satguru Cement, commissioned its new US$80.6m 1Mt/yr Indore integrated cement plant in Madhya Pradesh. The completion of both projects will bring Sagar Cements’ total installed capacity to 8.25Mt/yr. the company said that the new facilities will help in its rationalisation of freight expenses and help it to diversify its sales outside of existing markets.

Austria: W&P Zement has installed a Euro2.5m new raw materials processing plant at its Peggau quarry in Styria. The plant will introduce modern washing and sieving processes to operations at the quarry, with an additional sludge buffer for the processing of clayey material. Project manager and mining manager Jürgen Kolp said that the plant will improve the sustainability of the company’s raw materials extraction operations by increasing the limestone yield from excavated raw material.

India: JK Cement’s second-quarter sales were US$247m in the 2022 financial year, up by 18% year-on-year from US$209m in the second quarter of 2021. Its profit fell by 24% to US$22.7m from US$30.1m. During the quarter, the company reported a rise in operating expenses of 32% to US$203m from US$153m.

Spain: Cementos Molins has secured a renewal of its sustainability-linked loan until December 2026 and increased its limit to Euro300m. The loan is linked to reductions in Cementos Molins’ CO₂ emissions.

Chief financial officer Jorge Bonnin said “This innovation, together with the robust financial position and the strong cash generation, enables the development of the profitable and sustainable growth strategy through markets consolidation and development in new markets.”