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LATEST CEMENT INDUSTRY NEWS
Oman Cement profit rises
Oman: Oman Cement has reported a net profit after tax of US$23.1m for the first nine months of 2024. This represented a 20.2% rise compared to the US$19.2m that the company made in the first nine months of 2023. Oman Cement’s revenue for the first nine months of 2024 was US$136.4m, a 2.9% fall compared to the US$140.5m it recorded in the same period of 2023. /Global Cement
UAECEMENT.COM - Oct,11 ,2025

Labenmon Investments to establish grinding plant in Bulawayo
Zimbabwe: Bulawayo City Council has granted approval for China-based Labenmon Investments to establish a grinding plant, expected to employ over 500 people, at Umvumila Industrial Park. Once operational, the facility will produce 900,000t/yr of cement, and plans to export to regional markets including Zambia, Botswana, and Mozambique. The grinding plant was previously planned for Cowdray Park, also in Bulawayo, but the application was rejected in July 2024. The council report reads “The establishment of a cement mixing plant is expected to benefit Bulawayo Metropolitan Province and other provinces in many ways, such as increased supply of cement, employment for more than 500 local people, increased export earnings for the province, enhanced technology and better equipment for the domestic cement industry in Zimbabwe.” /Global Cement
UAECEMENT.COM - Oct,07 ,2025

Egypt to centralise mazut distribution to cement plants amid power shortage
Egypt: Starting in October 2024, the Egyptian Ministry of Petroleum and Mineral Resources will centralise distribution of mazut to cement plants to ensure continued operations amidst the country s power shortages. Deputy PM Kamel El Wazir announced the plan, responding to requests from cement producers for a reliable fuel supply to maintain the stable production and distribution of cement. Cement plants are required to submit a report on quarry material prices over the past three years, highlighting price increases and their impact on the industry. The Cement Division of the Building Materials Industry Chamber also requested consistent export support payments, the extension of investor rights to quarry resources, and the testing of pozzolanic cement for standard compliance. /Global Cement
UAECEMENT.COM - Oct,02 ,2025

Kyrgyz lawmaker calls for lift of cement import ban from Uzbekistan
Kyrgyzstan: MP Alisher Kozuyev has called for the removal of the ban on importing Uzbek cement, stating during a parliamentary committee meeting on 24 September 2024 that it would reduce prices and enhance quality for Kyrgyz consumers by increasing market competition. He argued that the current ban supports local monopolies and raises domestic cement prices. The ban was introduced three months ago and is designed to protect local manufacturers, according to officials. Nonetheless, deputy minister of economy and commerce, Choro Seyitov, warned that cheaper Uzbek cement could threaten local industries, especially in the Osh region, and risk jobs and tax revenue. Seyitov also noted that some Uzbek cement does not meet Kyrgyz standards and certification requirements, and accused Uzbek exporters of price dumping./ Global Cement
UAECEMENT.COM - Sep,28 ,2024

Southern Province Cement Company orders new analysers for Jazan plant
Saudi Arabia: Southern Province Cement Company has ordered a crossbelt analyser for stockpile optimisation and an airslide analyser for raw mill control from SpectraFlow for its new Line 3 project at the Jazan cement plant. The new line will have a capacity of 5000t/day of clinker. /Global Cement
UAECEMENT.COM - Sep,23 ,2024

Indian cement manufacturers to invest US$14.3bn in capacity expansion
India: Indian cement manufacturers plan to invest approximately US$14.3bn over the next four years to increase capacity by 25%, adding 160-170Mt/yr of cement production, reports the Times of Oman newspaper. This expansion is reportedly driven by rising domestic demand and a significant infrastructure push by the government, with plans to invest US$1.7tn in infrastructure projects by 2030. The industry aims to fund this growth primarily through internal accruals, reducing reliance on debt. The top three producers —Ultratech, Ambuja, and Shree Cement — will reportedly contribute over 70% of the total capacity increase. /Global Cement
UAECEMENT.COM - Sep,7 ,2024

Indian cement industry to invest US$15bn in capital expenditure
India: India’s top cement producers are planning to invest approximately US$15bn from 2025 - 2027 in capital expenditure, according to a report by ratings agency CRISIL. During this period, the industry is expected to expand cement grinding capacity by 130Mt/yr, which represents a fifth of the current capacity. This move is prompted by robust demand and competitive market share goals, reports the Economic Times. Senior director and deputy chief ratings officer at CRISIL Ratings, Manish Gupta, said "Cement demand outlook remains healthy with a compound annual growth rate of 7% over the financial years 2025-2029. The surge in capital expenditure over the next three financial years will primarily cater to this growing demand as well as to the aspirations of the cement makers to improve their national presence."
UAECEMENT.COM - Aug,24 ,2024

Material Evolution to launch low carbon cement plant
UK: Material Evolution will launch the UK s ‘largest ultra-low carbon cement plant’ in Wrexham in October 2024, reports the Construction Enquirer. The new facility will produce 150,000t/yr of a cement that emits up to 85% less embodied CO₂ than Ordinary Portland Cement (OPC), according to the company. Material Evolution is the driving force behind the €9m Mevocrete project, funded by government-led Innovate UK, and utilises byproducts from the steel industry. Business co-founder Liz Gilligan said that Material Evolution aims to remove one gigatonne of carbon by 2040, while replacing OPC as the ‘go-to’ product for UK construction. The company plans to replicate and scale its production across the UK and Europe. Chief science officer at Material Evolution and co-lead of the ‘Mevocrete’ project, David Hughes, said "Cement is a binder and what we’re looking at here is creating a net zero embodied carbon cement which is inherently more durability, which means our houses, infrastructure and transport highways would be transformed on mass industry scale, really tapping into a local and national picture of a net zero environment.” /Global Cement
UAECEMENT.COM - Aug,24 ,2024

Vietnamese cement producers face losses in the first half of 2024
Vietnam: Several Vietnamese cement producers have reported losses in the first half of 2024, attributing the downturn to reduced domestic demand and competitive pricing pressures, reports Vietnam Investment Review. Vicem But Son recorded losses of US$1.5m in the second quarter of 2024, marking its seventh consecutive quarter of losses, with a 2024 first half revenue figure of US$50m, down by 10%, and total losses reaching US$3.83m. Vicem Hai Van also continued its decline, with a 43% drop in second quarter revenue to just over US$4m and losses of US$396,000. Vicem leaders said that challenges arose due to a reduced demand following limited civil engineering projects and a stagnant real estate market. Despite the sector s overall downturn, firms like Vicem Ha Tien and Chinfon have recorded profits, with Ha Tien posting US$141m in revenue and US$875,000 in profits, and Chinfon doubling its yearly profit to US$25,250. However, the outlook for the remainder of 2024 remains bleak, with anticipated difficulties in market recovery and increasing input costs. Acoording to Vicem, the cost of electricity will continue increasing, while the demand for cement is not anticipated to recover before the end of 2024. /Global Cement
UAECEMENT.COM - Aug,19 ,2024

Sharjah Cement and Industrial Development turns profit in first half of 2024
UAE: Sharjah Cement and Industrial Development raised its sales by 12% year-on-year to US$92m, Reuters has reported. The producer recorded a profit of US$2.61m, compared with a loss of US$1.58m in the first half of 2023. /Global Cement
UAECEMENT.COM - Aug,14 ,2024

Kaushalya Logistics launches new cement depot in Maharashtra
India: Kaushalya Logistics (KLL) has launched a new cement depot in Ahmednagar, Maharashtra, enhancing its logistics services for Adani Cement. The depot will handle approximately 120,000t/yr of cement, supporting ACC and Ambuja Cement brands. KLL has also introduced a new vertical in freight forwarding under full truck load services, commencing operations with VMS Equipment, a group company of construction equipment manufacturer ACE. Managing director Uddhav Poddar said “We are thrilled to start this new association with Adani group with a new depot in Ahmednagar. Our collaboration with Adani Cement showcases our cement logistics capabilities, and our entry into the freight forwarding market marks a pivotal step in our growth strategy.” /Global Cement
UAECEMENT.COM - Aug,11 ,2024

Türkiye s cement exports to Georgia rise
Türkiye: Türkiye exported cement products worth US$40.5m to Georgia from January to June 2024, marking an increase of 14% year-on-year. The Turkish Ministry of Trade reported that in June 2024, cement exports to Georgia totalled US$7.9m, up by 16% from June 2023. However, June 2024 saw Türkiye s global cement exports decline by 18% compared to June 2023, to US$336.5m. /Global Cement
UAECEMENT.COM - Aug,03 ,2024

University of Trier researching ‘eco-friendly’ cement
Germany: The University of Trier is transforming post-consumer materials into ecological cement through a new research project that aims to find sustainable alternatives for the construction industry. The project involves using low-CO₂ industrial post-consumer materials as alternative cement binders, such as sludge from gravel and sand mining, as well as dust from quartzite extraction. The research will run for two years and is supported by the German Federal Environment Foundation. /Global Cement
UAECEMENT.COM - Jul,31 ,2024

Ghori Cement production set to rise in Baghlan
Afghanistan: The Ghori Cement plant in Baghlan province plans to increase its production from 0.18Mt in 2023 to 0.2Mt in 2024 due to a growing demand for cement. Technical deputy of the factory, Sarbaz Banuzai, also revealed plans for a new cement plant capable of producing 1.3Mt/yr, which would stand adjacent to the current facility. Factory workers voiced support for the expansion as a means to combat unemployment and boost local production. /Global Cement
UAECEMENT.COM - Jul,24 ,2024

Kyrgyzstan cement production falls in first five months of 2024
Kyrgyzstan: Cement production in Kyrgyzstan totalled 1.01Mt from January to May 2024, a decline of 5.7% year-on-year from 1.08Mt, according to data from the country’s National Statistics Committee. May 2024 saw production of 0.36Mt of cement, a rise of 10.5% year-on-year from May 2023. /Global Cement
UAECEMENT.COM - Jul,21 ,2024


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