Cement Net Report: Titan Group Plans to Boost Its Cement Production Capacity in Egypt to 5.5 Million Tons

Titan Egypt has two cement plants in Egypt's Beni Suef and Alexandria provinces, with a total current capacity of 4.5 million tons per year. After completing the planned expansion, the annual production capacity will be increased to 5.5 million tons.

2025-11-13 17:03:54

In the next three years, India's cement industry will face a wave of capacity expansion. In fiscal year 2026-2028, it is planned to increase the grinding capacity by 160-170 million tons, and the total production capacity is expected to approach 830 million tons. The investment boom stems from strong demand and high capacity utilization, and new demand is expected to absorb most of the new supply. However, the rapid expansion comes with capital and execution risks, and capital expenditure will amount to about 1.2 trillion rupees. However, the expansion is mainly based on "tapping the potential of the old plant", which can reduce the risk. As long as the macro-economy is stable, the layout of production capacity is expected to be completed within three years and the balance between supply and demand will be reached again.

2025-11-13 11:23:22

In the first nine months of this year, Tajikistan's cement production exceeded 3.7 million tons, an increase of 512,100 tons, or 15.8%, reflecting the development of the construction industry and industrialization. The country's cement industry has gone from import dependence to self-sufficiency, with cement plants such as Tojikcement putting into operation to boost production capacity and create jobs. The official forecast is that production will continue to grow in 2026-2027, thanks to domestic and foreign construction demand. However, rapid growth also has challenges, such as rising cement prices and environmental protection issues. The government and enterprises need to balance economic growth and sustainable development, and introduce advanced technologies to ease the pressure.

2025-11-13 11:16:50

Kalahari Cement recently completed the acquisition of a 29.2% stake in East African Portland Cement (EAPC), and with the completion of this transaction, its parent company Amsons Group's stake in EAPC has increased to 41.7%. Has become the controlling shareholder of the East African Portland Cement Company..

2025-11-13 11:12:26

Shree Cement, India's cement leader, has made important progress in its new integrated base in Jaitaran Township, Beawar District, Rajasthan. Following the ignition of 3.65 million tons/year clinker production line on September 30, the supporting 3 million tons/year cement grinding station was put into operation, marking the full opening of the base and the leap of regional production capacity. As a result, the company's total cement production capacity in India has been increased, logistics costs have been reduced and delivery cycles have been shortened. This expansion is the strategy of "core market penetration + demand highland in front". The new capacity will be transformed into sales elasticity, consolidate price dominance, and is expected to expand market share and lead the Indian cement track.

2025-11-13 10:47:39

Africa's richest man, Aliko Dangote, announced that he would invest up to $1 billion in Zimbabwe in the next few years to lay out infrastructure areas such as cement manufacturing, power production and fuel transportation. This investment is regarded as "transformative cooperation" and is expected to reshape the industrial landscape of Tianjin. Dangote's relationship with Tianjin can be traced back to 2015, when the project was stranded due to policy and other reasons, and now it has been restarted and doubled in scale. This investment is of great symbolic significance, if landed, Tianjin will have an industrial chain, save money, create jobs, and may attract more African capital.

2025-11-13 10:34:32

Kazakhstan is speeding up its efforts to get rid of its dependence on cement imports and build modern cement plants in the west. The annual output of 1.3 million tons of cement project in Baijianing District of Aktobe State has entered the implementation stage, and will be expanded to 2.5 million tons in the future, with a total investment of about 200 million US dollars. The project is of great significance, which can not only fill the gap of cement in the west, stabilize the supply, but also bring employment and industrial chain effects. The Kazakh government has given a "national endorsement", and Sinoma will set up a training center to help localize jobs. The main project will start next spring, put into operation by the end of 2026, and is expected to be exported after expansion, becoming a "the Belt and Road" landmark project.

2025-11-13 09:53:23

Sales of Nigeria Dangote Cement Company in Cameroon market declined significantly, falling to 927300 tons in the first nine months of 2025, down 9.3% from the same period last year.

2025-11-12 15:06:22

In the third quarter of 2025, the sales volume of cement in Madeira Autonomous Region reached 45,100 tons, with a month-on-month increase of 5.2% and a slight year-on-year increase of 1.1%, which was the first rebound after two consecutive quarters of decline; the sales volume exceeded 6.9 million euros, with a month-on-month increase of 5.6% and a double-digit year-on-year increase, and the average price reached 153 euros/ton. However, in the first nine months, the total sales volume still fell by 3.2% compared with the same period last year, and the sales volume increased by 4.6% due to the rise in unit price. "Volume price reduction" reflects the fragile recovery of the construction market. There is a strategic plan to support demand in the medium and long term, and the short-term recovery depends on the speed of the allocation of public works funds and the recovery of private building permits.

2025-11-11 10:11:30

TITAN Group announced that it had entered the exclusive negotiation stage for the acquisition of French Vracs de L 'Estuaire, which is expected to be delivered in the first quarter of 2026. The core asset is Le Havre Port Grinding Station, which has a good strategic location. After the acquisition, TITAN can realize the "double-line layout" of France, provide a springboard for low-carbon products to land in the hinterland of Europe, and reduce the carbon footprint. Vracs has an annual production capacity of about 1.2 million tons and a unique transportation system. TITAN is a multinational building materials giant with a green strategy. If the acquisition is completed, the two sides will achieve a win-win situation of capacity expansion, facilities upgrading and green transformation.

2025-11-11 09:54:36

In October 2025, Brazil's national cement sales volume reached 6.3 million tons, a year-on-year increase of 7%, a new high in the same period. From January to October, the total sales volume was 56.6 million tons, an increase of 3.5% over the same period last year, the average daily shipment on working days increased by 5% over the same period last year, and the pace of construction was accelerated. The increase in sales is due to the "My House, My Life" housing plan and infrastructure investment. SNIC maintains the forecast of 2% -3% annual industry growth, if the fourth quarter conditions match the growth rate or close to the upper limit. At the same time, Brazilian cement enterprises have laid out the decarbonization path ahead of schedule since 2019 in order to achieve net zero emissions in 2050.

2025-11-11 09:45:13

In order to make Africa self-sufficient in cement, Dangote Cement has set a target of increasing annual production capacity from about 52 million tons to 66.4 million tons by 2030. The expansion plan is progressing in an orderly manner, and the rudiment of "clinker corridor" is emerging. The capital market is optimistic, with 15 consecutive years of high dividends, and the total return of investors ranks first in Nigeria's manufacturing industry. The company is also actively fulfilling its social responsibility, with a surge in CSR spending in 2024. With the combination of "African demand + African manufacturing + African capital", if the goal is achieved, Africa can save import expenditure, and the company will be firmly in the top position of African cement.

2025-11-10 16:33:03

In the third quarter of 2025, Siam Cement Group (SCG) "turned the tables against the wind" in the context of the global and Thai economic slowdown. Its cement and building materials sector is resilient, and the profit engine is the "cement + green solutions" business department, which relies on capacity restructuring, cost compression and low-carbon cement distribution from loss to profit. Although revenue declined slightly due to the rainy season, the profit margin was restored. Facing the long cycle, SCG promotes the "carbon reduction" strategy. In the short term, facing headwinds such as strong Thai baht and weak construction activities, the goal is to make the cement business develop steadily by 2026 by improving technology and efficiency.

2025-11-10 14:29:18

In the third quarter of 2025, Nigeria's BUA Cement achieved a new high in profit growth, with a year-on-year growth rate of about 640.8%, which was significantly higher than that of other cement enterprises in the country.

2025-11-10 09:24:48

Ethiopia plans to implement an incentive policy of 15% taxable profit tax rate for five consecutive years for investors who use at least 50% renewable energy in production or operation. Capital-intensive industries such as cement argue that the current 50% renewable energy requirement is not feasible for their operations, calling for the introduction of a phased incentive structure.

2025-11-07 15:53:58

Revenue at Afrimat Group's cement division rose 118.8% to 873.7 million rand ( $50.15 million), but remained unprofitable at the operational level.

2025-11-06 16:37:50

The International Finance Corporation (IFC), a member of the World Bank Group, announced a $24 million financing package for MACCEM Industries to build and operate a new cement grinding plant in Freetown. The project aims to reduce Sierra Leone's dependence on cement imports, improve the supply of local building materials and create a large number of employment opportunities.

2025-11-06 16:30:44

Cimerwa, a Rwandan cement producer, plans to invest about $190 million to build a new clinker plant in Musanze with an annual capacity of 720000 tons.

2025-11-06 16:06:38

In September 2025, Spain's cement consumption increased by 19.5% year-on-year to 1,492,447 tons, and the total consumption in the first three quarters was 11,995,573 tons, an increase of 9.72%, and the rolling annual data also increased. However, its consumption has not reached the level of meeting the demand for public works and housing construction, and there is still room for growth. However, in terms of exports, the cumulative decline in the first three quarters was 8.5%, and the rolling annual data fell into negative growth in September; the import volume increased by 50% in September. In addition, the country's cement industry is promoting the production of low-carbon materials and needs to implement green procurement policies and unify the definition of sustainable products.

2025-11-06 11:01:04

Saudi Cement Company's financial performance in the third quarter of 2025 was not good, and its net profit declined significantly. Preliminary results showed that net profit in the quarter fell 47% year-on-year and 44.3% year-on-year to 53.2 million Saudi riyals. This was mainly due to the decrease in average selling price, the increase in management and other expenses, and the decrease in other income. Sales fell 6% year-on-year to 363.9 million Saudi riyals, although the total sales volume increased, but the price decline led to a decrease in revenue. In the first three quarters as a whole, net profit was 257.2 million Saudi riyals, down 14.64% from the same period last year.

2025-11-06 10:18:31

According to the data of relevant departments in Morocco, by the end of October 2025, cement sales exceeded 12.37 million tons, an increase of 11.29% over the same period in 2024, reflecting the positive impact of the recovery of the real estate industry and the government support plan. The report points out the sales volume in various fields, such as distribution of about 6.76 million tons. Cement sales in October exceeded 1.51 million tons, up 16.41% year-on-year, reflecting increased demand for new real estate projects and government support. These statistics are based on the internal members of the professional association of cement companies, involving many enterprises such as "Temala Cement".

2025-11-06 10:04:24

South Korea's cement industry is in trouble because of the downturn in the construction market. Cement shipments in the first half of 2025 were 18.88 million tons, down 17.4% from the same period last year, the first time in 33 years below 20 million tons, and the performance of enterprises also declined sharply. However, third-quarter results are expected to improve. In order to get rid of the predicament, enterprises have taken positive actions, such as the merger of Korea-Japan Cement, the development of new products of Korea-Japan Cement, and the expansion of exports of enterprises. However, industry stakeholders pointed out that these efforts are limited, only the recovery of the real estate and construction market, the performance of the cement industry can really improve.

2025-11-05 15:00:53

According to the data of Pakistan Cement Manufacturers Association, the cement production and sales situation in Pakistan in October 2025 is mixed. The local cement shipment volume increased by 15.17% year-on-year to 3.926 million tons, compared with 3.409 million tons in the same period last year; however, the cement export volume decreased by 23.44% year-on-year to 827,000 tons from 1.081 million tons in the same period last year. Combined with domestic sales and exports, the total cement shipment volume was 4.754 million tons, a slight increase of only 6% from 4.49 million tons in October 2024.

2025-11-05 13:35:40

Recently, Vinod Bahety, CEO of Ambuja Cements, India, said that the goal is to reduce the cost of cement per ton by more than 13% from the current level by March 2028, from 4200 rupees to 3650 rupees, and to achieve the cost of 4000 rupees per ton by March 2026. At the same time, the production capacity should be increased to 155 million tons, 11% higher than original target of 140 million tons. The goal is to reduce costs by 27% and 28% over five fiscal years, Bahety said on a conference call with analysts after the company released its quarterly earnings.

2025-11-05 11:02:12

In 2025, Russia's cement production and consumption continued to decline for nine consecutive months. Compared with the same period in 2024, the output and consumption in August decreased by 10.3% and 10.9% respectively, and decreased by 9.3% and 9.5% respectively from January to August; the consumption in September decreased by 11.8% year-on-year, and decreased by 9.5% from January to September. However, the price of cement rose by 63 rubles/ton to 9594.1 rubles/ton. In September, the volume of cement railway transportation decreased by 13.4% compared with the same period last year. From January to September, the import volume increased by 1.7% and the export volume increased by 7.9%. The Russian Cement Association believes that the growth rate of the construction industry will slow down in 2025, and the cement industry will also slow down.

2025-11-04 13:18:16

A $100 million, 100-acre cement plant in Afghanistan's Kandahar province is in the final stages of construction, 95 percent. The plant is adjacent to the cement mine, with an initial daily output of 1500 tons, which will be expanded to 5000 tons and eventually to 100000 bags per day. After putting into operation, it will increase the production capacity of building materials, realize self-sufficiency of cement in the south, reduce import dependence, reduce foreign exchange expenditure, and provide 2000 jobs. There are also many production-oriented enterprises in Kandahar, which are facing challenges, but the project may bring Afghanistan's economic reconstruction into a new stage.

2025-11-04 11:11:40

In the third quarter of 2025, Vietnam's domestic cement sales were about 18 million tons, only 79% of the second quarter. Sales fell as adverse weather hampered operations and logistics, such as Typhoons Gaji and Bulalo, which affected transportation and construction activities, and as higher electricity, fuel and raw material costs squeezed profits, with some producers scaling back to maintain production lines. However, cement and clinker exports reached nearly 9.5 million tons in the same period, as strong demand in Africa and Eastern Europe offset some of the market decline. However, the export prospects are challenging, and the US tax and Taiwan's anti-dumping duties affect competitiveness and pricing.

2025-11-04 10:29:34

According to Jose Valle, Secretary-General of the Bolivarian Cement Federation, Venezuela's national cement industry is expected to produce 8 million tons of cement by 2026, and the Socialist Cement Company is expected to produce 8 million tons next year. Thanks to the efforts of workers, three cement plants in Miranda, Monagas and Trujillo were restarted. Through workers' innovative suggestions, the factory can produce 24 hours. The agreement with the State Ministry of Industry and Production, the Workers' Production Council, is significant. It also cooperates with the community to carry out special sales and with community hardware stores to ensure the implementation of national housing tasks and social interest projects.

2025-11-03 15:45:39

Recently, the Association of Building Materials Industry Enterprises of Uzbekistan issued an official statement on the import of cement from Uzbekistan, which has aroused widespread discussion on social media. The statement shows that in recent years, the industry has achieved remarkable results in preventing financial crises, making efficient use of production capacity and creating new employment opportunities. At present, the industry of Uzbekistan Building Materials Industry Enterprise Association is developing well, and has absorbed more than 10,000 employees, showing strong industry vitality and development potential.

2025-11-03 15:21:22

India's largest cement producer, UltraTech Cement Limited, announced an investment of 10.255 billion rupees to expand its annual cement production capacity by 22.8 million tons, which was approved by the board of directors and will be implemented through brownfield and greenfield projects. Over the past decade, the company has added more than 65 million tons of non-organic production capacity, making it the second largest cement producer in the world and the largest cement producer in China. Capacity expansion aims to meet the growth of cement demand in India, and the new capacity will be put into operation in phases in fiscal year 2028, with a total capacity of 240.76 million tons, consolidating its market position and demonstrating confidence in India's economy.

2025-11-03 15:02:49

In the second quarter of 2025, the performance of Votorantin Cement Company increased significantly. Global net income was 7.5 billion reals, up 5% year-on-year, and cement sales reached 9.3 million tons, up 3%. Adjusted EBITDA was 1.8 billion reais, with a profit margin of 24%, and net profit of 1.8 billion reais, a significant increase of 250%. Capital expenditure increased by 20% for modernization and other projects. Regions performed well, such as Brazil's net income increased by 8%, North America, Europe, Asia and Latin America's net income increased, and the company also made a number of investments and asset disposals, with a solid financial position.

2025-10-31 15:41:15

By mid-2025, Ethiopia's annual cement production capacity has reached 20 million tons, making it one of Africa's top producers. However, capacity utilization hovered around 50 to 60%, reflecting a slowdown in construction activity. Cement prices in the country, which peaked at Birr 29000/ton in 2024, have fallen by more than half, with average prices in Addis Ababa ranging from 10000 to Birr 12000/ton..

2025-10-30 16:43:12

In the first three quarters of 2025, the revenue of three leading cement manufacturers in Nigeria, Dangote, BUA and Lafarge, reached 4.79 trillion naira, an increase of 32.3% over the same period in 2024, thanks to increased sales, improved operational efficiency and currency stability. Although the operating cost was high and the total operating cost increased by 21.8%, the pre-tax profit increased by 200.97%. Cement prices are expected to remain high in 2025 due to rising energy costs. The country's cement market is expected to continue to grow, with significant progress in industry expansion and promising prospects despite cost challenges.

2025-10-29 16:09:31

Dangote Cement performed strongly in the first three quarters of 2025, with revenue reaching 3.155 trillion naira, up 23.2% from 2.561 trillion naira in the same period in 2024, and net profit increasing from 27.91 billion naira to 74.33 billion naira, up 166.3% year-on-year.

2025-10-29 15:52:14

Pacific Cement announced on the 28th that it would acquire assets such as California Ready-Mixed Concrete Plant from Vulcan Company of the United States for $712 million (about 100 billion yen), the largest acquisition in its history. It is planned to be completed in December 2025, with sales of about $520 million in fiscal year 2024. After the acquisition, there will be 110 ready-mixed concrete factories in the United States, which can be expanded to northern California. Demand for infrastructure and housing in the United States is booming, while the domestic cement market in Japan is shrinking, so the company takes this opportunity to improve its profitability in the U.S. market, and says the acquisition has nothing to do with Trump's visit to Japan.

2025-10-29 10:55:22

In July 2025, Senegal's cement exports increased by 28.7%, climbing from 167,900 tons in July 2024 to 216,000 tons. The significant increase in exports effectively offset the weakness of the domestic market and highlighted Senegal's strategic position as an important supplier of building materials in West Africa, which may benefit from the promotion of infrastructure projects or favorable trade conditions in neighboring countries..

2025-10-29 09:27:37

Saudi Cement expects pricing pressures to continue due to uneven regional demand. Manufacturers, faced with high overproduction and inventory, compete by cutting prices. Prices fluctuate in different and the same regions, reflecting the imbalance between supply and demand, and low prices promote the transfer of sales. By the end of the third quarter of 2025, the company's market share in Saudi Arabia reached 6%, pushing new high-quality cement. Financially, profit growth in the third quarter was due to price, efficiency and cost control, while revenue growth was due to increased sales of parent and subsidiary companies. Net profit fell 15% in the first three quarters, increased 43% year-on-year in the third quarter, and overall demand increased 12.75% year-on-year.

2025-10-28 10:22:57

Andhra Cement Limited, a subsidiary of Sagar Cement, announced the commissioning of a new six-stage preheater at the Sridurga Cement Plant in Andhra Pradesh. On October 23, the preheater has been put into operation, the clinker production capacity has increased by 39.39% to 2.3 million tons per year, the mill project is still in progress, and the grinding capacity will increase by 64.84% to 3 million tons per year after completion. In the second quarter and the first half of this fiscal year, the company's revenue increased but its loss widened, with revenue of 77.85 billion rupees in the second quarter and loss of 41.92 billion rupees from 34.88 billion rupees. To improve its finances, the company plans to raise 210 million rupees, sell idle land and try to complete the transaction by the end of this fiscal year.

2025-10-27 16:33:12

The Eastern Province Cement Company signed a financing agreement of 300 million Saudi riyals with the Saudi Industrial Development Fund to build a new production line with a daily capacity of 10000 tons, which will replace part of the existing production line. The financing contract has added value and is one of the company's preferred sources of financing. The company has also signed agreements with other commercial banks to use financing tools to reduce costs on demand. Financing guarantees include orders, bills, etc. In addition, in January 2024, the board of directors approved and formally signed a contract worth 1.01 billion Saudi riyals in February for the construction of the production line by China National Materials International Engineering Co., Ltd.

2025-10-27 16:19:31

Shares of Dangote Cement have recently risen to their highest market value in 52 weeks. As of Friday, its market value rose about 11% on a weekly basis to 11.22 trillion naira. The increase in trading activity led to a reassessment of the market value, with 16.873 billion shares in circulation and a free float ratio of 4.79%, which reduced volatility. More than 92% of the shares are held by Dangote Industrial and Standard Bank. Shares rose 10.8333% to N665 last week. The gains came ahead of third-quarter earnings, with analysts saying the growth momentum would continue and investors increasing their holdings. The board meeting was brought forward to October 27 to discuss the third quarter results.

2025-10-27 16:01:29

Kalahari Cement Limited signed an agreement to acquire 28.2% of East African Portland Cement from United International Cement Limited and Cementia Holdings. Acquired 26,324,884 shares at KES 27.30 per share for a total price of about KES 717 million, representing a 42.5% discount to the closing price on NSE. Kalahari is a special purpose entity supported by Pacific Cement and others. The transaction requires multi-agency approval, plans to pay in cash or provide bank guarantees, is seeking a waiver from a full tender offer, does not purchase additional shares after the transaction, and does not intend to delist East African Portland Cement.

2025-10-27 15:29:37

Since the Islamic Revolution in 1979, Iran's cement industry has made remarkable achievements and become one of the major producers in Asia and the Middle East. It has more than 70 factories with a nominal annual capacity of about 90 million tons and exports 12-15 million tons annually. Geographically, Iran is rich in limestone resources, which lays the foundation for the government's early investment. Its production supports a wide range of economic activities, reduces import dependence and creates employment. The continuous improvement of the cement plant's technical and operational capabilities and its ability to respond flexibly to market changes are a strong proof of Iran's industrial potential, with lasting economic significance and strategic value.

2025-10-27 15:08:12

Mangaliso Ndhlovu, Zimbabwe's Minister of Industry and Commerce, said that the domestic cement industry is experiencing a strong recovery and plans to start exporting cement in May next year.

2025-10-27 13:15:39

Samuel Amegebo, Secretary-General of Ghana Real Estate Developers Association, told the media recently that the stubborn attitude of cement producers in the country to refuse to cut prices is putting increasing pressure on real estate developers and potential buyers. Ghana currently has a housing deficit of about 2 million dwellings, which is the highest in West Africa. The high cost of cement is a major factor contributing to homelessness and the spread of slums in urban areas, which are mainly composed of wooden structures.

2025-10-24 14:48:34

Mauritanian cement producer Ciment du Nord has signed a clinker supply agreement with Algeria's state-owned Cement Industry Group (GICA), which will export 360,000 tons of clinker to Mauritania through its commercial subsidiary SO. DIS. MAC.

2025-10-23 15:46:21

In the fiscal year 2024-2025, the profit of Crown Cement PLC, a leading cement producer in Bangladesh, fell sharply, with net profit falling 33% year-on-year to 670 million Taka. Cost pressures, such as new depreciation, interest expenses, rising electricity prices and increased advertising manpower expenditure, are the main reasons. Despite the challenges, the company's cash flow has improved. Revenue increased by 15% in July-March 2025, but gains were offset by high financing and energy costs. The company continued to expand, purchased land to prepare for development, and sponsored the transfer of directors'shares in April or as a succession strategy.

2025-10-23 14:46:35

On October 23, Gulf Cement Company (GCC), the cornerstone of the UAE's industrial sector for nearly 50 years, formally merged into the Italian Buzzi Group (Buzzi) and held a ribbon-cutting ceremony at the Waldorf Astoria Hotel in Las Hippocampus, UAE. Founded in 1977, Gulf Cement is an important driving force for local infrastructure construction and is known for its high-quality products and environmental protection measures. After merging into Buqi Group, it will use its advantages to enhance its operation and expand its international influence. Both CEOs are optimistic about the integration, which highlights Buzi's determination to strengthen its presence in the Middle East, and GCC will continue to contribute to regional development.

2025-10-23 12:00:54

Deeply concerned about the shortage of cement in Farafenni, Gambia, cement dealers have called on the government to reconsider lifting the ban on Senegalese cement. They had been importing cement from Senegal, and the ban disrupted business. Dry season demand rises and problems may worsen. Sheikh, the importer, said that the inability to import made the trucks idle, and the high tariff made it difficult to make a profit; 6,000 bags of cement were trapped in Alhaji for two years; some of the trucks in Djibouti were out of service, causing the drivers and others to lose their jobs. Relevant practitioners have a hard life, and dealers agree that lifting the ban can stabilize the market, reduce costs and restore related business.

2025-10-22 14:29:55

Swiss building materials giant Holcim Ltd. Is accelerating its transformation from a traditional cement business, buying Germany's Xella Group for 1.85 billion Swiss francs, its biggest acquisition since 2021. The acquisition is in line with the strategy of focusing on high profit margin and sustainable products, helping to enter the European wall material market and making the company dominant in the European real estate recovery. The transaction is expected to be completed in the second half of 2026, creating value from the first year. Holcim plans to do 15 to 20 more deals this year, has already allocated funds for mergers and acquisitions and buybacks, and the acquisition will help it transform itself into a diversified construction solutions giant.

2025-10-22 13:46:37

Recently, the Uzbek government lowered the mandatory quota for cement producers to sell through commodity exchanges from 50% to 25%, which experts fear will push up cement prices during the peak demand season. The government's previous reduction in the limestone tax rate has failed to reduce the price of cement, which has risen by 30% since the beginning of this year, and the tax relief has also reduced the national budget revenue. Ukraine has 40 cement production enterprises with a total annual production capacity of 39.7 million tons, many of which have foreign shares, while the country imposes a 30% tariff on imported cement.

2025-10-22 12:00:32