India: Mangalam Cement's net profit for the quarter which ended 30 September 2026 was reported as US$782,792, down by 63.2% year-on-year from US$2.1m recorded in the corresponding period of 2025. Net revenue for the July-September quarter of 2026 was recorded as US$45.8m, up by 9.7% year-on-year from the US$41.8m recorded in the same period of 2025. Operating expenses increased by 11.5% year-on-year to US$41.5m from US$37.2m in the corresponding period of 2025.
Brazil: China-based Huaxin Building Materials Group signed an exclusivity agreement on 30 October 2026 to buy the Brazilian cement producer CSN Cimentos from Companhia Siderúrgica Nacional (CSN) in a deal that could reach US$2.35bn. According to CSN, a contract should be signed 'in the coming days.'
“Huaxin submitted the most advantageous proposal for the acquisition of CSN Cimentos as part of the competitive process launched in March 2026,” CSN said in a statement.
In early 2026 CSN announced its intention to sell assets, including CSN Cimentos and part of its logistics business, amid efforts to reduce its indebtedness.
Palestine: President Mahmoud Abbas inaugurated Palestine’s first clinker grinding plant in the Nuwai’ma area of Jericho on 2 November 2026. The facility has a production capacity of 1.13Mt/yr. According to the Palestine Investment Fund, the estimated cost of the project is around US$85m and is being developed by Jericho Cement Company in partnership with Issa Khoury Group for mining and construction industries. Development began in 2022, with the mill previously scheduled to become operational by the end of 2025. The plant is expected to employ up to 100 workers.
The grinding plant incorporates technology originally supplied by Denmark-based FLSmidth (now Fuller Technologies), with static and structural equipment supplied by GEPCO. The facility includes a vertical roller mill. Clinker is likely to be sourced from nearby Jordanian factories.
In a speech delivered on behalf of President Abbas, Prime Minister Mohammad Mustafa welcomed attendees to Jericho and the Jordan Valley, describing the project as a step towards domestic production of one of the key commodities in the national economy. Mustafa expressed hope that the project would pave the way for further industrial investments in Palestine.
Botswana: Cheetah Cement is planning to build a new cement grinding plant in Gaborone with a production capacity of 0.8Mt/yr, which it happens will increase domestic cement production and reduce reliance on imports.
According to the Sunday Standard newspaper, the proposed Gaborone plant will expand Cheetah Cement's manufacturing footprint and increase the local supply of cement used in housing, commercial developments and infrastructure projects.
Botswana Investment and Trade Centre (BITC) said that strengthening domestic value chains, including sourcing raw materials locally where feasible, remained important in developing Botswana’s manufacturing sector.
