India: Antony Waste Handling Cell Limited (AWHCL) has won a US$124m contract for construction and demolition waste management services in Mumbai. Press Trust of India News has reported that the contract covers nine municipal subdivisions of the city and will last until 2044. AWHCL said that the contract will enable it to develop the circularity of cement and concrete within the local economy. It expects to commission 600t/day-worth of waste processing capacity by March 2023. The waste management company expects a recovery rate of 25% recyclable materials.

AWHCL chairman and managing director Jose Jacob said "This sub-segment of solid waste management provides tremendous growth opportunities given the number of infrastructure development projects underway, and the government's push to accelerate the economic growth with infrastructure being one of the important growth pillars."

Philippines: Cemex Philippines has secured a contract with Manila Water Company for the supply of biosolids from sewage processing for use as alternative fuel (AF). Cemex Philippines has already taken receipt of 10t of biosolids at its Antipolo cement plant in Luzon's Calabarzon Region.

Cemex Philippines’ sustainability and public affairs director Christer Gaudiano said “As pioneers of the use of biosolids as AF in the country, we have just signed what will now create the series of significant steps towards making circular economy a reality."

Sustainability initiatives form one arm of Asian Development Bank (ADB) and the ASEAN Capital Markets Forum's Golden Arrow award for good management, which Cemex Philippines won for the second time on 9 February 2023.

Bangladesh: The European Union (EU) and Spanish ambassadors and Swiss chargé d'affaires to Bangladesh have formally requested that Bangladeshi authorities lift all restrictions on LafargeHolcim Bangladesh's sale of crushed limestone in the country. The Financial Express newspaper has reported that Bangladeshi court previously ruled in favour of LafargeHolcim Bangladesh's right to sell its crushed limestone 'on the open market' on 5 January 2022. Limestone Importers and Suppliers Group had challenged the legal status of such sales, given that the raw limestone used in LafargeHolcim Bangladesh's produces its crushed limestone production is imported from India.

The Bangladesh government granted LafargeHolcim Bangladesh, a subsidiary of Switzerland-based Holcim, a temporary licence to resume its crushed limestone operations on 27 March 2022. This resulted in protests by local limestone producers.

India: Shree Cement recorded a 20% year-on-year rise in its consolidated sales to US$1.55bn in the first nine months of the 2023 financial year, from US$1.29bn in the first nine months of the 2022 financial year. The group's total expenditure rose by 36% to US$1.29bn from US$952m. Thus, Shree Cement recorded a 56% drop in net profit, to US$90.1m from US$203m.

More Articles ...

Subcategories