News

Ebonyi State Governor Francis Nwifuru has unveiled a landmark $604 million budget proposal for the 2026 fiscal year. A major highlight of the budget is the planned construction of a new state-owned cement factory.

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.