Global Cement Newsletter

Issue: GCW763 / 08 June 2026

Headlines


Turkmenistan: The upcoming state-owned 1Mt/yr Baharden II cement plant in Ahal Region is on track for commissioning later in 2026, the State News Agency of Turkmenistan has reported.

President of Turkmenistan Serdar Berdimuhamedov said "I am firmly confident that the industrialists of our independent, neutral fatherland will continue to work selflessly in the future to transform the country into an ever more developed state, uninterruptedly supplying construction sites and the population with high-quality construction products, making a worthy contribution to strengthening the potential of the national economy."

The existing 1Mt/yr Baharden I cement plant doubled its six-month cement production year-on-year in 2026-to-date, to 419,000t.


Japan: UK-based Silchester International Investors has reduced its stake in Sumitomo Osaka Cement by 1.1%. Reuters has reported that the hedge fund management company previously held 19.4% of shares, and now holds 18.3%.


Armenia: The Prosecutor General's Office has filed a lawsuit in defence of state interests over ‘violations’ during the privatisation of Ararat Cement, Emerging Market Watch News has reported. The plant is owned by Gagik Tsarukyan, president of Multi Group.

Tsarukyan will reportedly take legal action in response.

Global Cement News reported the planned nationalisation of Ararat Cement on 21 May 2026.


Bolivia: The public prosecutor's office of Oruro Department has opened an investigation into ‘unjustified cement prices rises’ following complaints. NF News has reported that the investigation will aim to identify the origin of price rises within the production and distribution chain.


Venezuela: The National Assembly President, Jorge Rodríguez, has summoned those connected to the supply of imported Turkish cement to explain a rise in prices. NF News has reported that the discussions will explore cost structures and market conditions.