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China: Conch Group has announced the signing of a partnership agreement with Shanghai Jiaotong University for the establishment of a technology centre called the Intelligent Equipment Joint Research and Development Centre.

General manager He Chengfa said, “This centre established in cooperation with Shanghai Jiao Tong University is an important carrier for the group's innovation and development. Shanghai Jiao Tong University is a first-class domestic and internationally renowned comprehensive university with strong scientific research capabilities and a complete talent training system. It is hoped that Shanghai Jiaotong University will educate Conch Group's future scientific research team, enhance Conch Group's innovation level and provide assistance for the Conch Group to become a world-class enterprise with global competitiveness.”

Bangladesh: Bashundhara Group has taken a loan of US$82.0, which it says will go towards the construction of a 4.0Mt/yr cement plant in eastern Bangladesh for a total investment of US$117m. The Daily Star newspaper has reported that the new plant will produce cement primarily for export to northeast India. Bashundhara Group’s two cement plants currently have the capacity to produce 5.1Mt/yr of its King Brand cement.

Bank Asia is the lead arranger for the syndicated loan, which it will provide along with Dhaka Bank, First Security Islami Bank, Pubali Bank, Social Islami Bank and United Commercial Bank. Full repayment is due in 2027.

Spain: LafargeHolcim subsidiary Holcim España has announced the launch of the Carbon Challenge, a think tank to promote CO2 emissions research and reduction. The company says that the plan involves “the formation of various working groups in areas such as reducing process emissions, reducing the emission factor for fuels and changing cement content of concrete and investigating alternative additives.” This is part of its Ecological Transition strategy, in addition to its Euro20m carbon footprint reduction investments announced on 31 December 2019.

Sustainability and Health director Raúl Pérez said, “We have high expectations for this project. It is a laboratory of ideas that will allow us to add and share knowledge that materialises in concrete initiatives applied to our processes, products and solutions, all with a common denominator: anticipating the new European decarbonisation scenario with an established plan to be carbon neutral by 2050.”

Mexico: Elementia has announced the commissioning of a new 0.25Mt/yr grinding plant in Progreso, Yucatán State. The group says that the plant cost US$25m. Chief executive officer (CEO) Jaime Rocha Font said “Through this project, Elementia aims to participate in the growth of the Yucatán Peninsula and Southern Mexico.”

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