India: The government's income tax department has carried out raids at five locations belonging to Shree Cement. Reuters has reported that the authorities said they conducted 'survey action' on 21 June 2023.

Taiwan: A 57-year-old worker died after falling into slag cement in the production line of CHC Resources Corporation's Kaohsiung slag cement plant at 16:00 on 22 June 2023. CNA English News has reported that the victim was submerged for a prolonged period. A second man, aged 51, also entered the cement, but escaped with 'minor injuries.' The workers had been carrying out cleaning work on the line. Local authorities reportedly said that CHC Resources Corporation had 'No proper safety protocols' in place for the activity.

World: Market Research Future has forecast a composite annual growth rate (CAGR) of 5.3% between 2022 and 2030. This would result in a market value of US$505bn in 2030, compared with US$335bn in 2022. The report added that the rate of new construction projects is increasing across all regions.

Ukraine: Buzzi has agreed to sell its business in Ukraine to Ireland-based CRH for US$109m. The assets additionally include Buzzi’s Slovakian ready-mix concrete business. The Ukrainian business is comprised of the 2Mt/yr Volyn cement plant and 1Mt/yr Nikolajev cement plants, as well as ready-mix concrete operations in Kiev, Nikolajev and Odessa.

Italy-based Buzzi retains its operations in Russia, including the 3.6Mt/yr Suchoi Log cement plant in Irkutsk Oblast and the 700,000t/yr Korkino cement plant in Chelyabinsk Oblast.

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