Chinese cement dropped sharply in 2024, and will continue to fall
The decline in the Chinese cement market deepened in 2024. Demand contracted eight per cent YoY in 2024 to 1858.9Mt, as the country’s property market crisis weighed heavily on ...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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Birla Corporation reports 71% fall in net profit for 3QFY25
Birla Corporation , the MP Birla Group ’s flagship company, has reported a 71.42 per cent YoY decline in its consolidated net profit to INR311.9m for the third quarter of FY2...
Indian cement demand slowed in 2024, but will rebound
Indian cement consumption expanded 6.2 per cent YoY in 2024, amounting to 444.2Mt, up from 418.1Mt in 2023. This is the slowest rate of expansion since the double-digit decline...
VDZ launches CO2 label to drive demand for green cements
The German Cement Works Association (VDZ) has introduced a new CO 2 label called the 'Cement Carbon Class' (CCC) to promote the use of low-carbon cements. The label allows for...
Titan invests in C2CA start-ups Optimitive and Concrete.ai
Titan Group is expanding its venture capital portfolio and further accelerating its innovation strategy. In line with its digitalisation, innovation, and sustainability goals...
Cemex Egypt expands social and environmental impact with VeryNile partnership
Cemex Egypt has reaffirmed its commitment to sustainability and community development through its ongoing collaboration with VeryNile, an initiative endorsed by t...
APCMA reports 30 per cent rise in January cement exports
The All Pakistan Cement Manufacturers Association (APCMA) has reported that total cement dispatches in January 2025 reached 3.89Mt, marking a 14.1 per cent increase from 3.41Mt...
Italian cement rebounded in November
Italian cement output rebounded strongly in November, increasing seven per cent YoY, according to the latest data from Italian concrete association, Federbeton. This follows a ...
Thatta Cement reports improved profits and dividend declaration
Thatta Cement Company has announced its financial results for the half year ending 31 December 2024, showcasing significant improvements in profitability and operational effi...
Lafarge's Ontario plant scales up CO2 capture technology
Lafarge Canada Inc ’s Bath cement plant, located near Kingston, Ontario, is piloting an innovative CO2 capture and mineralisation system developed by Hyperion Global Energy Co...
Titan Cement announces share buyback programme
Titan Cement International SA has repurchased 8090 shares under its ongoing share buyback programme. The shares were acquired between 27 and 31 January 2025 on Euronext Bruss...
Union Budget praised for prioritising infrastructure expansion and affordable housing
The Cement Manufacturers’ Association (CMA) of India welcomes the Union Budget 2025-26, presented by the Honourable Finance Minister Smt Nirmala Sitharaman on 1 February. The C...
Vietnam's cement sector faces supply-demand imbalance
Vietnam's cement industry faces a tough year as supply continues to outstrip demand, according to insiders. Nguyen Thanh Tung, deputy general director of Vietnam National Cemen...
Heidelberg Materials awaits long-term quarry license
Heidelberg Materials has applied for a renewed long-term mining permit to mine limestone in Slite on Gotland. The main hearing in the Land and Environmental Court in Visby ...
Thatta Cement records strong profit in 1HFY24-25
Thatta Cement informed the Pakistan Stock Exchange Limited (PSX) on 3 February about its financial results for the half-year ended 31 December 2024. The company earned a prof...
SCGC signs ethane supply contract for LSP complex
SCG Chemicals (SCGC), a subsidiary of Thailand’s Siam Cement Group (SCG) , has signed a 15-year ethane supply contract to provide feedstock for its Long Son Petrochemicals (LS...
Indonesia announces 3 million housing boom raising cement demand
The Indonesian government’s plan to build three million houses annually is expected to increase the demand for cement and help address the excess supply of cement in the countr...
Premier Cement reports 89% drop in Q2 profit
Premier Cement Mills PLC posted a profit of INR19.6m (US$226,216.56) for the second quarter of FY2024-25, marking an 89 per cent YoY decline. Consolidated earnings per share ...
Lafarge Egypt names new CEO
Khaled El Dokani is the new CEO of Lafarge Egypt . With 21 years of inspiring leadership across Holcim, Mr El Dokani has held key roles as CEO in Nigeria, Iraq, Qatar, Saudi A...
Global cement forecasts at your finger tips
The latest survey of world cement consumption by ICR - publisher of The Global Cement Report - reveals how global cement demand continued it steep downward trajectory in 2024. ...
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