News

 Fauji Cement, together with the energy company Kot Addu Power Company (KAPCO), has acquired a controlling stake in Attock Cement.

Chinese company Yaobai Cement, a subsidiary of WIH, has announced the launch of a new cement plant in Moroto, Northern Uganda. The project represents an investment of 300 million USD.

The Special Investment Facilitation Council (SIFC) of Pakistan removed regulatory bottlenecks for planned investments of 700m USD for seven new cement plants. 

Canadian climate technology company and international building materials producer TITAN Group have signed a Memorandum of Understanding to validate a new low-carbon cement production technology.

German company Heidelberg Materials has agreed to acquire an additional stake in Turkish building materials producer Akçansa from Sabanci Holding, increasing its ownership to 79.44 %. The deal effectively gives the international group a controlling stake and reinforces its position in Turkey and the broader Mediterranean region.

China’s West China Cement (WCC) has announced the acquisition of 100 % of the shares of South African company AfriSam, one of the key producers of construction materials in the region. The deal is part of WCC’s strategy to expand its presence in the African market.

Turkish company Oyak Cement has commissioned the Beypazan solar power plant in Ankara, significantly strengthening its position in sustainable energy. The new facility, with an annual generation capacity of 182,000 MWh, is built on an area of 1.5 million square meters and includes 210,000 solar panels.