UAE/UK: The Global Cement and Concrete Association (GCCA) has welcomed the launch of the Canada/UAE co-led Cement Breakthrough Initiative at the COP28 climate conference in Dubai on 6 December 2023. Prior to the launch of the initiative, the GCCA hosted a roundtable for representatives of the cement industry and governments.

GCCA chief executive officer Thomas Guillot said "We support and welcome the launch of the Cement Breakthrough Initiative. Cement and concrete are essential for so much of our modern world and will also be needed for meeting the challenges ahead. They will play a key role in providing resilient and sustainable infrastructure and safely housing communities around our planet. Our member companies are fully committed to a net zero future – and it will take the combined efforts of industry and government to deliver on this commitment. This is the decade to deliver, and we are delighted to work with the Cement Breakthrough Initiative and the government of Canada to accelerate the transition."

US: Germany-based drives supplier Flender has received the Supplier Excellence Recognition Award 2023 from engineering firm Caterpillar. The award recognises suppliers that demonstrate a commitment to excellence and drive a zero-defect culture. Caterpillar said that Flender exceeded 95% delivery reliability, with zero defects, during 2023. Contracts included gearboxes, remanufactured gearboxes, spare parts and couplings for Caterpillar’s 7495 Rope Shovel. The 7495 Rope Shovel is used in quarrying, including in the cement industry.

Caterpillar’s senior vice president strategic procurement and planning Pam Heminger said “Caterpillar’s reputation for world-class products and services stands on the shoulders of our global and diverse team – and that team includes our international and diverse supply network. By working together, we can deliver on our purpose to help our customers build a better, more sustainable world.”

Belarus: The US government sanctioned the management company of Belarusian Cement Company on 6 December 2023. PrimePress News has reported that 10 other Belarus-based companies and eight individuals were also added to the US sanctions list. This is the latest group of additions since the US and its allies began sanctioning Belarusian entities in connection to election rigging, human rights abuses and complicity in the on-going Russian invasion of Ukraine.

India: Ambuja Cements has completed its acquisition of a 54% stake in Sanghi Industries for an enterprise value of US$622m. It has funded the purchase through internal accruals. Following the acquisition, Ambuja Cement’s parent company, Adani Group, now has a cement capacity of 75Mt/yr, up by 9% from 69Mt/yr. It has also gained 1Bnt of limestone reserves.

Ambuja Cements said that the transaction would allow it to accelerate its coastal strategy in the west of the country with the aim of reaching a regional cement production capacity of 15Mt/yr. It intends to expand the captive port at the Sanghipuram cement plant to accommodate larger vessels to target markets in Gujarat, Maharashtra, Karnataka and Kerala by 2026. Debottlenecking, fuel mix changes and solar and wind projects are also being considering at the site.