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Pakistan’s Lucky Cement leads in green energy

Lucky Solar units Pezu 1

Lucky Cement is reducing CO2 emissions with advanced sustainability measures. Globally the company is operating more the 21 Mta of cement capacity, in Pakistan about 17 Mta at the two cement plants in Pezu and Karachi. The Pezu plant generates…

India’s UltraTech breaks ground on Cuttack expansion

Ultra Tech Cement Plant Grinding Unit at Cuttack Odisha

As part of their large cement capacity expansion program, UltraTech Cement celebrated groundbreaking of the second Cuttack grinding unit (photo) in Bhubaneswa, Odisha in India. The Cuttack GU expansion requires an investment of Rs 372 Crore (about US$ 42.2m) and…

Yura sells its stake in Chile’s CBB for US$100m

Yura Chile

Yura Spa, a subsidiary of Grupo Gloria, has sold its 19.71% stake in Chile’s cement producer Cementos Bio Bio (CBB) to Belgium’s Carmeuse Holding for more than US$100 million. The deal follows Carmeuse’s successful takeover bid and aligns with the…