Displaying items by tag: Asia

India: JK Lakshmi Cement and Chettinad Cement are reportedly bidding to buy Deccan Cements. The company is hoping to obtain an enterprise value of US$360m, or US$90/t of production capacity, in any potential sale, according to the Economic Times newspaper. Deccan Cements operates a 1.8Mt/yr integrated plant at Bhavanipuram in Nalgonda, Telangana.

Réunion (France): Teralta Ciments Réunion, the leading cement manufacturer in Réunion and a subsidiary of France’s Audemard Group, has inaugurated the first cement blending plant in the French overseas territory Réunion, with technical support from Swiss-based consulting firm QUADRA Trading. Located in Le Port, the industrial unit has an annual production capacity of over 0.2Mt/yr.

The project is intended to supply the market in Réunion with cements that have a CO₂ reduction of more than 65% while promoting the use of local materials. The first product manufactured by the plant is CEM II/B-V 32.5N CE NF cement, which has a 30% reduction in CO₂ emissions compared to standard blends. Other cements to be produced at the site will use pozzolan and components from the circular economy including recycled concrete.

Bangladesh: LafargeHolcim Bangladesh has reported a strong financial performance in the second quarter of 2025 and first half of 2025. The company recorded a 4% year-on-year growth in revenue in the first half, supported by strong market dynamics and ‘sustained trust’ in its brands. Its consolidated profit after tax for the second quarter increased by 20%. However, profitability was impacted by rising energy costs and falling cement prices, prompting cost-efficiency measures and strategic pricing reviews. It also noted that a specialised cement product, Water Protect and Fair Face, recorded 28% growth. The company reported that its diversification drive continued to yield results, including co-processing over 21,000t of waste via Geocycle, which replaced 11% of fossil fuels.

Vietnam: Local authorities have stated that a US$196m cement plant project in the northern Ninh Binh province has remained abandoned for 18 years. The 1.1Mt/yr Phu Son Cement Plant was launched in 2007 with plans to begin operations by 2011. Construction was halted in 2012 and never resumed, according to the Việt Nam News newspaper. The investor, Phu Son Cement JSC, chaired by a Czech national of Vietnamese origin, has not responded to government efforts since promising to restart work in 2017.

Authorities say that they have been unable to reclaim the 40-hectare site due to assets built on the land and the absence of a legal representative. Despite multiple attempts by provincial officials and ministries to resolve the matter, the project remains in limbo.

India: ACC, part of Adani Group, has reported a 4% year-on-year rise in consolidated net profit to US$43.3m in the first quarter of the 2026 fiscal year, aided by a 12% in sales volumes. It reported a sales volume of 11.5Mt, its highest ever total for the period. This helped revenue increase by 17% to US$703m. The company added that higher sales of premium products aided the revenue.

It expects 6 - 7% growth in demand for cement over the course of its 2026 financial years. This is anticipated due to a rise in demand for affordable housing, higher spending on infrastructure and commercial sectors. "Cement demand growth in the first quarter of FY2026 remained strong at 4% amid favourable macroeconomic situations and sustained demand from housing and infrastructure segments. The outlook for the second quarter of FY2026 continues to remain strong," said ACC in a statement.

Azerbaijan: Azerbaijan exported 449,800t of cement and clinker in the first half of 2025 according to the State Customs Committee. This marks a 33.8% rise compared to the same period of 2024. The growth reflects rising demand for Azerbaijani cement in neighbouring and regional markets, particularly as reconstruction and infrastructure projects accelerate in countries such as Georgia and Türkiye, as well as parts of Central Asia.

The committee said that cement products accounted for 0.22% of the country’s total exports and 1.65% of non-oil exports during the reporting period. It added that this increase supports Azerbaijan’s broader strategy to boost non-oil exports and diversify its economy.

India: Tamil Nadu will host one of five national carbon capture and utilisation (CCU) testbeds aimed at lowering CO₂ emissions in the cement sector in a step towards the country’s 2070 net-zero target, according to The New Indian Express newspaper. The testbed will be located at UltraTech Cement’s Reddipalayam plant in Ariyalur district, supported by the Indian Institute of Technology Madras and Birla Institute of Technology and Science Pilani. The project is part of a Department of Science and Technology (DST) programme, which will trial an oxygen-enriched kiln system capturing up to 2t/day of CO₂ for mineralisation into concrete products. Other CCU testbeds are being established in Rajasthan, Odisha and Andhra Pradesh, with JK Cement and Dalmia Cement involved.

Union Minister for Science and Technology and Earth Sciences Jitendra Singh said the DST was currently processing financial sanctions for the projects, and full-scale implementation is expected in 2025.

Papua New Guinea: Mayur Resources has rebranded as Pacific Lime and Cement to reflect its transition from a resource developer to an integrated supplier of lime, cement and building products. The country’s demand is projected to grow in 2026, according to local press reports. The decision also comes amid the government’s target of reducing cement imports.

Managing director Paul Mulder said “Our rebrand to Pacific Lime and Cement reflects our transformation into an integrated industrial materials company focused on nation-building in Papua New Guinea. The new name positions us clearly in the market as a supplier of cement, quicklime and processed building products.”

Taiwan: The Customs Administration has imposed five-year anti-dumping duties on Portland cement and clinker imported from Vietnam, according to the Taipei Times. Cement imported from Long Son and affiliate Long Son Industrials faces a 14% tariff, Thang Long Cement will be taxed at 19%, while Vissai Ninh Binh, Xuan Thanh Cement and Vicem Ha Tien Cement will be subject to a 15% rate. All other Vietnam-based producers and exporters will be taxed at 23%.

The Ministry of Finance and Ministry of Economic Affairs confirmed that companies had dumped cement and ‘caused substantial harm’ to local producers in a statement. The Ministry also found no sufficient evidence that the duties would have a markedly negative effect on Vietnam’s ‘overall economic situation.’

An investigation into dumping of cement from Vietnam began in August 2024 after the Taiwan Cement Industry Association applied for anti-dumping duties, citing suspected dumping and harm to domestic industries.

Malaysia: Cahya Mata Sarawak subsidiary Cahya Mata Cement has awarded a US$159m contract to Sinoma Industry Engineering Malaysia to build a new 6000t/day clinker line at its Mambong integrated plant in Kuching. The company said the project will raise annual clinker capacity from 0.9Mt to 1.9Mt, improving cost efficiency and eliminating future clinker imports. Construction will begin in August 2025, with clinker production starting by April 2027 and full commissioning by June 2027.

Group managing director Datuk Seri Sulaiman Abdul Rahman Taib said “Mambong Clinker Line 2 is a key step in strengthening Sarawak’s cement supply chain, boosting capacity, reducing import reliance and ensuring future demand reliability.”

The new line will include a 6MW waste heat recovery system and an advanced dust filtration system, while incorporating ‘locally-sourced’ alternative raw materials and fuels to reduce emissions. The company said the project will create up to 500 jobs at peak construction.