News
The Government of Kazakhstan has entered the active phase of implementing five major cross-border hubs designed to strengthen the country’s role as a key transport and logistics node and increase the volume of non-primary exports by 30 %.
BirlaNu, building materials producer (part of the CKA Birla Group), announced the establishment of a new Fibre Cement Board Plant in Andhra Pradesh’s Nellore district. The greenfield project is a major step in the company’s expansion strategy and is supported by the state’s industrial ecosystem.
The cement market in India is expected to grow by 6.6% annually to reach US$18.39 billion in 2025.
CEMEX REGENERA, CONCRETOS SUSTENTABLES and an engineering company have signed a Memorandum of Understanding with the purpose of establishing a framework for cooperation aimed at developing innovative solutions for the sustainable management of construction and demolition waste in Mexico.
The Chinese government has announced the implementation of a plan to extend carbon quotas to the steel, aluminum and cement industries. Carbon allowance prices rose more than 8 % to 66.86 yuan (9.40 USD) per ton, according to exchange data.
India’s Nuvoco Vistas announced the acquisition of Vadraj Energy in a strategic move to strengthen its captive power capabilities for its cement plants.
India is introducing a new policy aimed at expanding freight transportation by rail as part of the growing demand for cement delivery in bulk. The new rate for bulk cement has been rationalised to Rs 0.90 per tonne per km. Earlier, it was based on different distance bands.