India: Adani Enterprises Limited subsidiary Adani Cement plans to establish a 5.0Mt/yr integrated cement plant at Shahbaj in Maharashtra’s Raigad district. BusinessLine News has reported that the company will invest between US$122m and US$135m in the project. It has acquired 10ha of land on which to build the plant.

Croatia: Building materials producer Nexe Grupa invested a total of Euro15.3m in upgrades to its plants in 2020. This included subsidiary Našicecement’s capacity expansion at its Našice integrated cement plant. The producer also implemented alternative fuels substitution in the plant’s kiln line.

Italy: Colacem is contemplating shutting down its Spoleto cement plant in Sant’Angelo, Mercole. The La Nazione newspaper has reported that a closure would result in the loss of 25 jobs. The producer acquired the integrated plant from Cemitaly in April 2019 and first suspended production later that month.

Nigeria: Dangote Cement has successfully issued 50bn fixed rate senior unsecured bonds. The total value of the multi-instrument issuance programme is US$734,000. The proceeds of the bond issuance will be used to pay for expansion projects, short-term debt refinancing and working capital requirements.