Cemex reportedly contemplating sale of Colombian business
Colombia: Cemex is ‘exploring’ the possible sale of its business in Colombia, Bloomberg has reported.
Cemex previously delisted Spain-based Cemex Latam Holdings from the Colombian Stock Exchange in 2023.
Adani to invest in Assam and Madhya Pradesh
India: The Adani Group has launched new investment plans in the states of Assam and Madhya Pradesh, including in their cement sectors. Chair Gautam Adani says that the group will invest US$5.73bn in Assam and US$12.6bn in Madhya Pradesh. The Business Standard newspaper has reported that the latter investment will generate over 100,000 new jobs and involve the construction of a new smart city.
JSW Group investigates possible cement investments in Assam
India: JSW Group is actively seeking investment opportunities in Assam’s cement sector. Besides cement production, the group is reportedly investigating power plant opportunities in the state.
The Business Standard newspaper has reported that JSW Group Chair Sajjan Jindal noted the strategic importance of North East India as one half of a ‘dual-engine’ Indian economy.
Ultracem sells some of Honduras assets for US$56m
Honduras: Ultracem has announced that, through its subsidiary Ultracem Centroamérica, it is selling some of its assets in Honduras. The transaction involved the indirect sale of Duracem Honduras shares to Blackriver Overseas for US$56m.
The producer completed the sale on 20 February 2025, after fulfilling the conditions of the purchase agreement. It stated that the sale is “part of Ultracem's corporate strategy to focus its business on cement and concrete production activities in Colombia.”
India: UltraTech Cement has signed a memorandum of understanding with the Himachal Pradesh Rural Development Department to process non-recyclable plastic waste at its Baga cement plant in Solan. The plant will process waste from Bilaspur, Hamirpur, Mandi, Solan and Una districts. The Rural Development Department operates 29 plastic waste management units that will supply waste to the plant.
First cement imports arrive at Mottama Port in Myanmar
Myanmar: A vessel carrying 3000t of cement has arrived at Mottama Port, following the government's decision in January 2025 to permit cement imports in an effort to meet domestic demand for cement.
The shipment arrived on 21 February 2025 via the Kawthaung Border Trade Station to be distributed. Additional cement shipments will arrive weekly to address the domestic shortage, according to NP News. Myanmar's cement demand is reportedly 10Mt/yr, while domestic production is below 8Mt/yr.
Vietnamese cement and clinker exports down by 37% in January 2025
Vietnam: Cement and clinker exports fell by 37% year-on-year to 2Mt in January 2025, according to the General Statistics Office (GSO). Exports were worth US$76m, a fall of 36% year-on-year. The decline has continued a downward trend that began in early 2022, with trade barriers in key markets such as the Philippines and Taiwan restricting exports, according to local news reports. The 10% export tax on clinker, imposed in 2023, has also added to industry challenges. The Ministry of Construction submitted a report in January 2025 to the Prime Minister, warning of potential cement plant closures.
Pakistan cement exports increase by 5% from July 2024 – January 2025
Pakistan: Cement exports rose by 5% year-on-year to US$188m in the first seven months of the 2024 financial year, while volumes increased by 35% year-on-year to 5.27Mt, according to the Pakistan Bureau of Statistics (PBS).
The country's cement exports grew by 40% year-on-year to US$20.6m in January 2025, but fell by 35% month-on-month from US$31.9m in December 2024. This suggests strong international demand, accompanied by short-term fluctuations in global shipments.
Holcim to spin off North American business as Amrize
North America: Switzerland-based Holcim has announced the name for its upcoming spin-off of its North American operations: Amrize. Amrize will operate as an independent public company and a leader in the North American building materials sector ‘from foundation to rooftop.’ Holcim says that the new name combines the business’ values and vision of ‘ambition’ and ‘rising.’ A spin-off on the New York Stock Exchange and SIX Swiss Exchange is scheduled for completion before 30 June 2025, pending shareholder and regulatory approvals.
Holcim Chair and designated Chair and CEO of Amrize Jan Jenisch said "This is an exciting time for construction in North America, with the ongoing modernisation of infrastructure, the reshoring of manufacturing and the opportunity to bridge the housing gap with the most advanced building solutions. With our planned spin-off of Amrize, we aim to be the partner of choice for our North American customers and unlock value for all our stakeholders.”
Global Cement and Concrete Association launches Innovandi Open Challenge 2025 for low-carbon concrete
Global: Global Cement and Concrete Association (GCCA) has launched the Innovandi Open Challenge 2025, inviting start-ups to wok together with cement manufacturers around the world in developing low carbon concrete technologies.
The Open Challenge is looking for start-ups working on next generation materials for net zero concrete, including low-carbon admixtures, supplementary cementitious materials, activators or binders. The challenge aims to find ways to reduce clinker use and incorporate new materials to lower CO₂ emissions.
The programme follows three previous Open Challenges.
Chief executive Thomas Guillot said "Advanced production methods which are decarbonising our sector are already being used in cement and concrete production in many parts of the world. Through the Innovandi Open Challenge, start-ups can bring in even newer ideas and further accelerate our industry's push."
“If you are a start-up from anywhere in the world with an innovative idea or technology, then we want to hear from you."
Start-ups can find more information and apply to take part in the Innovandi Open Challenge by going to the GCCA Open Challenge 4 webpage: Innovandi Open Challenge 4 : GCCA