October 2025

Iran: Ghadir Investment Cement Holding launched its initial public offering (IPO) on 11 December 2021. The Financial Tribune newspaper has reported that the company will seek to sell 5% of its shares. It expects to generate around US$8m from the IPO.

India: Ratings agency Crisil has forecast 11 – 13% year-on-year growth of cement sales volumes in the 2021 financial year. The Press Trust of India has reported that the agency predicted that high demand and increased fuel costs would precipitate a rise in cement prices to record levels before April 2022.

In December 2021, petcoke prices rose by 80% year-on-year, while the price of imported coal had more than doubled. This has increased cement producers’ costs by 40%.

India: UltraTech Cement has emerged as the preferred bidder in the auction of limestone company Ravur Limestone. Ravur Limestone’s limestone assets consist of 708Mt of stone over 7.13km² in Tehsil Chittapur in Karnataka’s Kalburgi district. The Karnataka government will conduct the sale by electronic auction.

Pakistan: BHS-Sonthofen (Tianjan) has reported the successful delivery of two of a total of six twin-shaft batch mixers to the site of CEC-PowerChina and Pakistan Frontier Works’ upcoming Diamer-Basha dam. The Chinese division of the Germany-based company is supplying four DKX 7.00 7m³/batch precast concrete mixers and two DKX 6.00 6m³/batch precast concrete mixers as part of the project. The mixers will contribute towards the 18.6Mm³ of mainly roller-compacted concrete required for the dam’s construction.

General manager Ronny Laux said “The hydraulically bound base layers required for the dam (also known as roller-compacted concrete) must withstand the heaviest of loads. Our mixers are designed to handle demanding mixing tasks. The twin-shaft batch mixers meet the highest demands for mix homogeneity and reproducibility, even with large quantities – ensuring optimum concrete quality.”

Algeria: BMSD Chaux Algeria has commissioned a 100,000t/yr lime plant. Italy-based QualiCal supplied the plant. It is powered by natural gas and relies on CogiTech bulkmaterial handling equipment, Mathios Refractories’ refractories, Laife steel structures and Sysware and Tecnoelettra automation systems.

Sri Lanka: Tokyo Cement says it took delivery of a shipment of 12,000t of bagged cement in addition to its regular 30,000t/month at its Colombo cement terminal in early December 2021. The Daily FT newspaper has reported that the company took the measure to help ease a shortage in the Sri Lankan cement market. Its Trincomalee grinding plant continues to operate at full capacity.

The company said “Through these concerted efforts that focus on enhancing local value creation, Tokyo Cement continues to fulfil its national duty by ensuring an uninterrupted supply of cement to meet the requirements of customers across the island, and to firmly establish the company's position as the leading partner in nation-building.”

In November 2021 Tokyo Cement laid the foundations for its upcoming 1Mt/yr Trincomalee cement plant in Eastern Province. The producer now plans to commission the plant in early 2023.

US: The commissioners of Grayson County in Texas have agreed to take legal advice to try and stop Black Mountain building an integrated cement plant. The Herald Democrat newspaper has reported that the administration plans to launch its claim on the basis of air quality. The city councils of would-be host communities Dorchester and Sherman will contend the plans on the basis of other issues within their respective powers.

Sherman mayor David Plyler says that the plan would interfere with the area’s aim of attracting high-tech industry and investment. District court judge Bill Magers said “The county doesn't normally step into fight city battles, but the county feels that the proposed plant would be bad for the county overall.”

Mexico/UK: Cemex has partnered with UK-based carbon capture equipment supplier Carbon8 Systems to evaluate possible uses of the supplier’s Accelerated Carbonation Technology (ACT) in the group’s cement production. Operators can use the equipment to produce carbon-infused sustainable materials from thermal residues. Cemex says that one possible application will be in the production of supplementary cementitious materials. Under the partnership, Carbon8 Systems will evaluate a range of Cemex’s byproducts for possible use, beginning at its Rüdersdorf cement plant in Germany and Rugby cement plant in the UK. It will also evaluate the suitability of alternative lightweight aggregates produced using ACT for sale in each market.

Executive vice president sustainability, commercial, and operations development Juan Romero said "This initiative with Carbon8 Systems is another example of the work we are doing with partners across industries, academia, and startups to tap into the latest innovation and disruptive technologies to achieve our ambition of delivering net-zero CO2 concrete globally to all of our customers."

Colombia: Cementos Argos and Saint-Gobain have launched a joint venture in the area of lightweight construction materials. The new business will supply the Colombian market with mortar and ‘a wide range’ of other products. Cementos Argos says that the venture will combine Saint-Gobain’s global mortars technology and know-how with its own strong leadership and local presence to accelerate the evolution of the construction market towards a sustainable future. It added that the undertaking aims to strengthen both parties’ leadership and regional growth. They expect to conclude the deal in early 2022.

China: Xinjiang Tianshan Cement plans to launch an issuance of bonds. Reuters has reported the value of the issuance as US$2.36bn.