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Holcim announces its investment as a limited partner (LP) in Suffolk Technologies USD 110 million venture capital fund, supporting startups at the forefront of disruptive innovation in the building industry, from sustainability to AI. As part of this fund, Holcim is committed to supporting the most promising startups by giving them access to capital as well as its global technology, expertise and operations to maximize their growth and scale up potential.
Region: USA
The President of Zimbabwe Emmerson Mnangagwa commissioned a new million dollar plant at Khaya Cement Limited (formerly Lafarge Cement Zimbabwe) amid calls for the company to adopt exports-led growth strategy.
Region: Africa
Asia Cement has won recognition globally with its systematic strategic deployment which actively promotes greenhouse gas reduction and the development of a sustainable green economy. On June 30th, Asia Cement has once again won the “Green Leadership Award” of  the 2023 Asia Responsible Enterprise Awards, making them not only the cement company with the most awards but also standing out for the third time in the “Green Leadership” category.
Region: China
Cement despatches in Pakistan faced a significant setback in June 2023, with a decline of 22.8%. This decline has raised concerns about the state of the cement industry and its potential impact on the country’s economy. Data released by the All Pakistan Cement Manufacturers Association (APCMA) revealed that total cement despatches in June 2023 were 4.063 million tonnes, compared to 5.264 million tonnes in the same period the previous year.
Region: Pakistan
In April, First Graphene (FGR) announced plans for major graphene-enhanced cement trials with a consortium that includes Breedon Cement, Morgan Sindall and the University of Manchester. Now, FGR confirmed the beginning of these trials using the company’s graphene in cement and concrete at the Breedon Group’s Hope Cement Works at Derbyshire in the United Kingdom.
Ramco Cements has commissioned Line-3 at its Ramamasamy Raja Nagar (R R Nagar) plant in Tamil Nadu which boasts of 3,000 tpd capacity of clinkerisation. This is the first integrated cement line commissioned in the last 15 years in the region. The electrical energy requirement for this new line is met through the company's own wind mills. The electrical energy requirement for this new line is met by its own wind mills.
Region: India
Huaxin Cement, one of China's leading cement manufacturers, has made a significant move to expand its global presence with the acquisition of a majority stake in Oman Cement. The company announced on Monday that it will purchase an additional stake of 5.08% in Oman Cement via the Muscat Stock Exchange.
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