Singapore: Parliament passed the Carbon Pricing (Amendment) Bill earlier in November 2022. Under the act, Singapore will raise the price of carbon credits to US$18.17/t from 2024, and to US$32.71/t from 2026. CNA News has reported that the government said that the new legislation will provide the basis for the realisation of carbon credit prices of over US$36.31/t by 2030, in line with the country's 2050 net zero CO2 emissions commitment.

Polluters which emit over 25,000t/yr of CO₂ currently pay US$3.65/t for carbon credits.

India: A court has dismissed Shraddha Binani's petition against summons by the Ministry of Corporate Affairs' Serious Fraud Investigation Office in its investigation of alleged related party transactions by the former Binani Cement. Mint News has reported that 'huge funds' from the company's related parties entered Binani's bank account, beginning in 2010.

Under corporate insolvency resolution proceedings, Binani Cement underwent acquisition by Aditya Birla subsidiary UltraTech Cement, becoming UltraTech Nathdwara Cement, in 2018.

Thailand: Siam Cement Group (SCG) recorded total national cement consumption growth of 6% year-on-year throughout the first nine months of 2022. The producer partly attributed the comparatively high figure to nationwide building site closures during the first nine months of 2021. In its management discussion and analysis of its third quarter 2022 results, the group noted commercial construction as the main driver of demand growth. Its cement consumption rose by 8% year-on-year, cement use by infrastructure projects grew by 6% and cement demand for residential projects rose by 5%.

Public construction supplies 40% of Thai domestic cement demand, with commercial and residential construction together accounting for the remaining 60%.

SCG previously reported that Thai cement demand had dropped by 5% year-on-year during the first half of 2022.

Azerbaijan: Azeri cement producers recorded 2.98Mt in total cement production volumes during the first 10 months of 2022. The figure represents growth by a factor of more than two from 1.46Mt in the corresponding period of 2021. As of 1 November 2022, producers had stores of 96,400t of cement in reserve.

During the same period, ready-mix concrete production also more than doubled to 1.15Mm³, while precast concrete elements production rose by 63% year-on-year to 40,800m³.