News

The Boards of Directors of JSW Cement Ltd and its listed subsidiary, Shiva Cement Ltd, have approved a scheme of arrangement involving the amalgamation of Shiva Cement with and into JSW Cement.

Kenyan industrial group Devki Group has begun construction of a Ksh 50 billion cement plant in Kitui County, with operations expected to start in mid-2027.

Holcim has entered into an agreement to acquire Fermacell. Fermacell is a European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million. 

Holcim has signed an agreement with Huaxin Building Materials for the divestment of its business in the Philippines.

Votorantim Cimentos has announced an investment of BRL 260m to expand its cement plant in Xambioá, Tocantins, Brazil. The project includes the construction of a new cement grinding line, which will increase the plant's production capacity by 500,000tpa to 1.5Mta. The new line is scheduled to begin operations in July 2028.

India's JK Cement plans to increase its cement production capacity to 50Mt/yr by 2030, while focusing on higher capacity utilisation and expanding its portfolio of premium building materials.

The Uzsanoatkurilishmateriallari Association and the International Georgian-Uzbek Business Association have signed a memorandum of cooperation in Tbilisi aimed at developing partnerships in the field of construction materials manufacturing.