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Indonesia: The Indonesian Cement Association (ASI) has forecast the volume of cement to be used in the construction of the upcoming new capital city, Nusantara, as 1Mt/yr. This corresponds to 1.5% of the current domestic demand of 65.6Mt/yr. The Jakarta Post newspaper has reported that ASI members plan to supply reduced-CO2 cement for the Nusantara project, to help it realise its aims as a ‘green city.’

In 2022 – 2024, the construction of Nusantara is expected to use 1.94Mt of cement. Research from the Bandung Institute of Technology previously forecast in 2022 that the Nusantara project would raise Indonesia’s cement demand by 33% to 84Mt/yr for 20 years from the start of its construction.

UK/Poland: SigmaRoc announced it has entered a share purchase agreement and exercised a call option to acquire the Polish lime operations of CRH. The deal, valued at €100m for deferred consideration, follows SigmaRoc's acquisition of CRH's lime operations in Germany, Ireland, the Czech Republic and the UK. The acquisition includes two production sites in Kujawy and Sitkowka, along with an associated distribution network. Completion is contingent upon clearance from the Polish Competition Office, anticipated by the end of September 2024.

SigmaRoc said it is ‘pleased’ with the progress to date on the integration of the German, Czech, Irish and UK entities, and will provide a further update alongside its interim results for the period ending on 30 June 2024.

Indonesia: The Ministry of Industry is preparing a comprehensive roadmap for decarbonising the cement industry, due for initial implementation by the end of 2025. Newsbase Daily News has reported that that the roadmap includes targets for CO2 emissions reduction, alternative fuels substitution and energy efficiency. It will also focus on developing new technologies and implementing supportive policies for the transition. The ministry noted that the Indonesian cement industry is already working to reduce its carbon footprint through multiple initiatives.

UK: Holcim has completed the acquisition of Land Recovery. This acquisition broadens Holcim's access to construction demolition materials, with Land Recovery having recycled over 300,000t in 2023. The deal follows the previous purchase of Sivyer Logistics.

CEO of Holcim, Miljan Gutovic, said "Land Recovery strengthens Holcim’s leading position in circular construction and advances our group target of recycling 10Mt of construction demolition materials in 2024. I look forward to welcoming all 85 employees of Land Recovery and investing in our next era of growth together."

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