News

India's JK Cement plans to increase its cement production capacity to 50Mt/yr by 2030, while focusing on higher capacity utilisation and expanding its portfolio of premium building materials.

The Uzsanoatkurilishmateriallari Association and the International Georgian-Uzbek Business Association have signed a memorandum of cooperation in Tbilisi aimed at developing partnerships in the field of construction materials manufacturing.

On June 22, 2026, CRH announced that it had signed an agreement to acquire 100 % of Arcosa, Inc. in an all-cash transaction for USD 150 per share. The transaction, unanimously approved by the Boards of Directors of both companies, is subject to Arcosa stockholders’ and regulatory approvals.

Portuguese investment group Semapa has more than EUR 1 billion available for new investments and is exploring acquisition opportunities in the European market. This was reported by Bloomberg, citing an interview with the company’s CEO, Ricardo Pires.

Japan’s Taiheiyo Cement Corporation has begun supplying cement from Indonesia to the United States through SBI, a company in which it holds an equity stake. The first shipment was sent to Taiheiyo Cement’s U.S. subsidiary on June 1, 2026.

Minister of Industry and Construction of the Republic of Kazakhstan Yersayin Nagaspayev discussed prospects for cooperation in investment, industrial collaboration, and technology with Stefan Rouenhoff, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy of Germany.

Spirit Energy, a Centrica business, has announced a major milestone in the development of the Morecambe Net Zero (MNZ) Peak Cluster project, the world’s largest cement decarbonisation project. The UK’s North Sea Transition Authority (NSTA) has advanced the project into the Assess Phase under carbon storage licence (CS010), a key step toward preparing a permit application for underground CO₂ storage.