News

Chibabava Cimentos laid the foundation stone for an integrated 1.0 Mta cement plant in the Sofala province in Mozambique.

Philcement Corporation, a subsidiary of PHINMA Corporation (PHN), confirmed on January 16, 2026 the receipt of the remittance of the investment from Sumitomo Osaka Cement Co. Ltd. relating to the acquisition of 15 % of Philcement through the issuance of primary shares.

The Pakistani company Cherat Cement Co. Limited has approved the installation of a 25 MW Battery Energy Storage System (BESS) along with an additional 5.4 MW solar power plant at the company’s factory site in Nowshera, Pakistan.

TITAN signs 10-year agreement with Electric Power of Serbia to expand its Alternative Materials platform. TITAN secures access to approximately 5 million tons of fly ash from the TENT B power plant.

The India Resurgence Fund (IndiaRF) investment platform has completed the acquisition of a 45.01 % stake in the cement company Shree Digvijay Cement Company Limited (SDCCL).

The Kenyan President William Ruto has ruled out repeal of the levy on importation of clinker, contradicting an earlier position by the Trade ministry, which had promised to roll back the controversial tax.

Cement and building materials manufacturer Cahya Mata Sarawak Bhd has started work on a project to build a second clinker production line at the Mambong cement plant. Investments in the project amounted to 673 million MYR (Malaysian ringgit).