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Asia & Pacific Rim

 

South Korea launches emissions trading scheme

The nationwide ETS is said to be the second largest in the world and is a key component of the government’s aim to reduce emissions by 30% by 2020 against current levels.

 
 

Indonesia: 2014 cement consumption below forecast

Cement consumption growth came in at 3.3% y/y in Indonesia in 2014, down on the Indonesian Cement Association’s forecast of 3.5% – 4%, a figure that had already been downwardly revised from 6%.

 

Cement companies commit to Gujarat

At the Vibrant Gujarat Summit, the Aditya Birla Group and Reliance Industries announced investment plans for the state.

 
 

India: moving toward a low carbon future

The Natural Resources Defense Council (NRDC) outlines the steps that India is taking to grow a low carbon economy as the nation rapidly develops.

 

Builders protest cement prices in India

In the Indian state of Tamil Nadu, which yesterday launched a government-subsidised cement, builders have held a hunger strike to protest cement prices.

 
 

Amma Cement launched in Tamil Nadu

Tamil Nadu’s new Amma Cement scheme will provide customers with heavily subsidised cement for eco-friendly and low cost housing.

 
 

Pakistani cement exports up by 1.9%

In July – November 2014, Pakistani cement exports totalled US$229.849 million, increasing from US$225.557 recorded in the same period a year earlier.

 
 
 

UltraTech Cement acquires cement units

The Board of Directors of UltraTech Cement Limited agreed to the acquisition of certain cement businesses of Jaiprakash Associates Limited.