News

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).

Amrize announced commissioning of the production expansion of its US cement plant in Ste. Genevieve, Missouri.

The new mill will increase production capacity by 210,000 tonnes of cement at the Durkee plant in Oregon.

Bamburi Cement PLC, now a subsidiary of Tanzanian conglomerate Amsons Group, will build a new clinker plant at a cost of $250 million in Matuga, Kwale County.

My Home Cement, which is part of India’s My Home Group, installed a new vertical roller mill for producing slag cement.