News

The Egyptian Government has held the 37th meeting of the Ministerial Group on Industrial Development. During the meeting, the group discussed the initiative to issue three new licenses for cement plants, each with a single production line, alongside expansion projects for existing cement factories.

The Government of South Australia will provide a AUD12m loan to the Hallett Group to back a green cement transformation project.

West China Cement has proposed the acquisition of South Africa’s AfriSam, via its subsidiary West International Building Materials.

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).

Holcim announced a strategic acquisition of a majority stake in Cementos Pacasmayo, a leading cement and building materials producer in Peru.

Syria’s General Company for the Manufacturing and Marketing of Cement and Building Materials held talks with a Chinese investment delegation on expanding technical, commercial and investment cooperation in the cement and construction materials sector.

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.