Mozambique: The Minister of Economy Basílio Muhate has laid the foundation stone for the construction of a new US$280m cement plant in Chibabava, Sofala Province. Muhate described the 1Mt/yr project as ‘a structural investment under the National Program to Industrialise Mozambique.’ The Chinese-funded plant will also have a 28MW captive power plant, to ‘position itself among the most important industrial ventures in the construction materials sector in the country,’ according to Muhate.

A government note added that the government hopes that the plant will significantly reduce cement imports, improve the country’s trade balance, increase domestic supply and reduce construction costs, with ‘positive impacts’ on housing, infrastructure and economic development. Without giving figures, the Ministry of Economy says that the venture will create direct and indirect jobs, with a special focus on local youth, associated with technical training, knowledge transfer, and the ‘enhancement of Mozambican human capital.’

The government added that the plant has the potential to export to the markets of the Southern African Development Community (SADC) and the African Continental Free Trade Area (AfCFTA), while strengthening economic cooperation between Mozambique and China.
Cheng Biao, Chairman of the Board of Directors of Sino Harbor Construction Group, one of the investors, says that after completion, scheduled for 2027, the project will ‘give new impetus to infrastructure construction and industrial development in Mozambique,’ promoting local economic prosperity and ‘improving the standard of living of its population in many ways.’

US: Eagle Materials recorded sales of US$1.83bn in the first nine months of the 2026 financial year (FY2026), up by 2% year-on-year. A 5% year-on-year rise in costs, to US$1.28bn, offset sales growth to precipitate an 8% decline in net earnings, to US$364m. Cement sales rose by 7% to US$938m. The producer sold 6.05Mt of cement, up by 7%. The group reported ‘good progress’ on an on-going upgrade to its Laramie cement plant Wyoming.

Eagle Materials issued US$750m of 10-year senior notes with an interest rate of 5% during the quarter, which extended its total debt maturity schedule and increased committed liquidity. A portion of the proceeds repaid its bank credit facility. It ended 2025 with debt of US$1.8bn, net debt of US$1.4bn and a net leverage ratio of 1.8 times.

President and CEO Michael Haack said "Despite a mixed construction environment, Eagle's portfolio of businesses continued to perform well during the third quarter of FY2026. While the residential construction market was challenged, federal, state, and local spending on public infrastructure projects and private non-residential construction remained elevated, supporting strong demand for our heavy construction products. Our low-cost operations continue to generate strong cashflow that we are investing to advance our operational efficiency and our low-cost position."

Pakistan: Fauji Cement Company and utilities provider Kot Addu Power Company have entered into an agreement to jointly acquire 84% of Attock Cement Pakistan from Pharaon Investment Group (Holding). Mettis Global News has reported that the deal concludes a multi-bidder auction that commenced in 2025.

France: Greece-based Titan has completed the acquisition of Vracs de L'Estuaire (VDE). VDE operates a 600,000t/yr grinding plant at the port of Le Havre in Normandy. Titan says that it plans to serve VDE customers with new reduced-CO₂ cement products ‘based on our broad palette of cements and supplementary cementitious materials, such as slag, pozzolan from our Greek operations and fly ash reclaimed with our proprietary technology.’

Titan first entered operation in France with the launch of its Marseille cement terminal in 1994.