Peru: Cementos Interoceanicos has contracted Switzerland-based Satarem to establish a 1.0Mt/yr cement plant in Puno. The Gestión newspaper has reported that Satarem intends to buy a 30% stake in the producer. The scheduled completion date for the work, which also includes setting up two new lime plants, is mid-late 2022. The total estimated cost of the project is US$158m.

The producer is reportedly seeking to expand its area of operations in other areas within Peru.

Togo: CimCo says that its 2.5Mt/yr Lomé cement plant in Maritime Region will open by September 2021 following a total investment of US$118m. Agence Ecofin reports that work on the project is 65% complete. The producer said that the plant will create 500 direct jobs and a further 1000 indirect jobs.

Palestine: Jericho Cement Company plans to establish the first cement plant in Palestine by 2022. The Arab News newspaper has reported that the planned 1.1Mt/yr plant will cost US$85m. Funding will come from a group of companies and the Palestinian Investment Fund.

The State of Palestine presently imports its cement from Israel and Jordan.

Indonesia: Semen Baturaja has signed a memorandum of understanding with Huadian Buket Asam Power. Under the agreement, the producer will supply the power company with limestone for its flue gas desulfurisation (FGD) process in exchange for fly ash, bottom ash and gypsum. The agreement will last two years until March 2023.

The cement producer’s managing director Sumsal Saifudin said, “This collaboration is a form of synergy between the two companies to improve competitiveness, which is much-needed in facing an increasingly competitive industrial environment, by taking advantage of opportunities for the creation of new revenue streams and cost transformation.”