Thailand: Siam Cement Group (SCG) says that government-mandated coronavirus restrictions have reduced local cement demand by 20%. Roongrote Rangsiyopash, the president and chief executive of SCG, said that the construction sector expected a slowdown due to the closure of construction worker camps, according to the Bangkok Post newspaper.

The group’s building materials business sales rose by 4% year-on-year to US$2.81bn in the first half of 2021. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 3% to US$399m. Overall, the group’s sales and earnings increased significantly across all business lines.

Germany/Spain: Cementos Molins has agreed to buy 100% of the shares of Calucem for Euro150m from Ambienta SGR. The cement producer says that the acquisition will help it become the world’s second largest producer of calcium aluminate cements (CAC). The transaction is scheduled to complete in the last quarter of 2021 and it is subject to approval by competition authorities.

“This is a significant strategic step forward, expanding our activity in the specialty construction chemical sector. With Calucem, we will be able to build a platform focusing on innovation, sustainability and global growth,” said Julio Rodríguez, the chief executive officer of Cementos Molins.

Calucem has its headquarters in Mannheim, Germany. It operates a production plant in Pula, Croatia with a deep-sea port allowing it to export worldwide. It also runs an innovation centre in Germany as well as a network of sales offices and distribution centres in Europe, the US and Asia. Calucem has around 180 employees.

India: Ambuja Cement plans to spend around US$42m on upgrading its Ropar grinding plant in Punjab. The unit will have its capacity increased by 1.5Mt to 4.5Mt/yr by June 2023. It will install a new vertical roller mill and will produce cement using fly ash. The expansion is part of the company’s aim to reach a cement production capacity of 50Mt/yr.

Spain: Cementos Molins’ sales grew by 33% year-on-year to Euro452m in the first half of 2021 from Euro341m in the same period in 2020. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 50% to Euro124m from Euro83m. Sales volumes of cement and ready-mixed concrete increased by 43% to 3.57Mt and 27% to 0.67Mm3 respectively. It attributed the growth in sales and earnings to higher sales volumes, price management and operational efficiency gains. However, it warned against mounting energy and logistics costs.