On June 13, 2024, Ambuja Cements, a cement and building materials company under Adani Group, acquired Penna Cement, a competitor, for 104.22 billion rupees (1.25 billion US dollars)

The latest data shows that the capacity utilization rate of Pakistan's cement industry (from July 2023 to April 2024) has dropped to 54.6%, reaching the lowest level since records began

Driven by the local government's increased expenditure on infrastructure and housing, the demand for cement in India is expected to maintain a steady growth. In order to get a share in the incremental market, most of the large cement enterprises in India are rapidly increasing their production capacity

The Philippine Department of Trade and Industry (DTI) is cracking down on unqualified cement importers to curb the proliferation of unqualified cement products in the local market

Taiwan's cement industry has experienced a complete life cycle from germination, growth, prosperity to recession. Studying the development of Taiwan's cement industry since the demand decline period is of great significance for the current mainland cement market

Due to the active and increasing investment in civil infrastructure construction, the demand for cement in Iraq is growing, which has attracted great attention from international capital. In the past year, companies in Saudi Arabia, China, Pakistan and Turkey announced plans to increase the production capacity of Iraq's cement industry.

In 2023, the cement output of Turkey will increase by 10.5% year-on-year to 81.5 million tons. The Cement Association reported in a press release describing the progress of the local cement industry that the domestic sales increased by 19% to 6500 Million tons, but the export dropped by 28% to slightly less than 20 million tons.

The year-on-year growth rate of cement sales in Brazil from January to April 2024 is 0.2%. Among them, the sales volume of Brazilian cement in April was 5.148 million tons, an increase of 12.1% compared with the same period last year