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.
A new player in the construction materials market, LATCEM, has completed a deal to simultaneously acquire control of two leading cement producers in the region – InterCement in Brazil and Loma Negra in Argentina. The transaction marks one of the largest consolidations in the Latin American cement industry in recent years.
Vietnam’s Hoang Long Group (HLG) has commissioned a new clinker production line with a capacity of 7,200 tonnes per day at the Hoang Long Hoa Binh cement plant.
India’s Shree Cement announced a significant greenfield expansion in Meghalaya, strengthening its presence in the northeastern region of the country.
Canada’s Carbon Upcycling has entered into an agreement with an investment company for up to 10m USD in asset-secured financing. The proceeds will support the company’s flagship project at the Ash Grove cement plant in Mississauga.