Cement Net Report: Italy's Buzzi Cement Acquires Majority Stake in UAE's Gulf Cement

Infrastructure construction promoted by the Nigerian government is the biggest catalyst for cement consumption in 2026. The federal government has allocated 7.5 trillion naira for infrastructure in its 2025 budget, a significant increase from 4.5 trillion naira in 2024, demonstrating its determination to fill the infrastructure gap..

2025-12-09 15:10:44

India's cement industry is expected to rebound significantly in fiscal year 2026, with industry-wide profits expected to grow by more than 63% year-on-year.

2025-12-09 15:05:37

From January to November 2025, Russia produced 46.3 million tons of cement, down 9.5% from the same period in 2024. In the same period, domestic cement consumption dropped to 53 million 200 thousand tons, a decrease of 9.5% over the same period.

2025-12-09 14:56:32

Italian cement giant Buzzi, through its subsidiary TC Mena Holdings Ltd, has successfully acquired a majority stake in Gulf Cement Company PSC (Gulf Cement), located in Ras Al Khaimah, United Arab Emirates, and listed on the Abu Dhabi Stock Exchange. This marks Buzzi's official entry into the Middle East market.

2025-12-09 14:44:02

According to the Vietnam Cement Association, Vietnam's cement shipments reached 6.417 million tons in October 2025, up 3% year-on-year. Among them, VICEM shipments were 1 million 769 thousand tons, unchanged from the same period last year.

2025-12-05 15:10:25

Cement production in Uzbekistan between January and October 2025 was strong. According to the data of the National Statistical Committee, the country's Portland cement production reached 17.3 million tons, showing a significant momentum of capacity expansion.

2025-12-05 14:54:43

According to the Statistical Bulletin of Building Material Prices issued by the Saudi Contractors Association, the price of cement in Saudi Arabia was slightly adjusted in October 2025. The price of grey cement is 15.44 Saudi riyals per bag.

2025-12-05 14:49:09

Pakistan Fauji Cement Limited has formally notified the Pakistan Stock Exchange of its intention to acquire shares in Attock Cement …

2025-12-05 14:46:49

From January to October 2025, Azerbaijan's cement output reached 3.4135 million tons, a slight decrease of 0.2% compared with the same period in 2024.

2025-12-05 14:31:15

India's JK Lakshmi Cement has announced an investment of Rs 1,816 crore to expand its production operations in Chhattisgarh. The investment plan aims to increase its annual clinker production capacity by 2.31 million tons.

2025-12-05 14:24:27

According to data released by the Pakistan Bureau of Statistics, domestic cement shipments surged 15% year-on-year to 3.926 million tons in October, pushing total cement shipments up 6% to 4.754 million tons..

2025-12-04 15:39:34

During the period from November 2024 to October 2025, the Spanish cement market showed significant changes. In October 2025, the country's cement consumption increased by 18.5% year-on-year, reaching nearly 1.7 million tons.

2025-12-04 15:35:37

From January to September 2025, Kyrgyzstan's cement imports increased significantly, reaching nearly 800000 tons, doubling from the same period last year. This growth reflects the strong demand for cement in the domestic market.

2025-12-04 15:32:45

The Mozambican government has reached a major investment agreement with China totaling US $333 million to build two cement plants in the northern provinces of Nampula and Cabo Delgado.

2025-12-04 15:29:58

Nigeria's Ebonyi state plans to invest $102 million to build a state-owned cement plant, which is seen as the successor to the defunct NIGERCEM plant, using an innovative self-liquidating financing model.

2025-12-04 15:27:47

Kalahari Cement issued a notice of intent on November 26, 2025, seeking to acquire the 27% stake in East African Portland Cement (EAPC) held by Kenya's National Social Security Fund (NSSF)..

2025-12-04 15:24:32

Indian Railways recently announced a new policy aimed at substantially increasing the volume of bulk cement transportation, with a uniform freight rate of 0.90 rupees per ton kilometer for cement transported in special tank containers designed by the Container Corporation of India. This single rate replaces the original multi-level freight structure and solves the problem of uneconomical short-distance railway transportation reflected by the industry for a long time.

2025-12-03 11:25:36

Egyptian cement prices experienced significant fluctuations in 2025 and are now relatively stable. The ex-factory price is maintained between 3500 and 3700 Egyptian pounds per ton (about 74-78 US dollars per ton).

2025-12-03 11:21:15

According to the Peruvian Cement Association (ASOCEM) data, Peru's cement consumption in October 2025 increased by 9.4% year-on-year to 1.232 million tons, and the domestic construction market demand steadily rebounded..

2025-12-03 11:14:15

Senegal's cement industry suffered a correction in August 2025, with production falling by 14% annually, ending the previous months of continuous growth.

2025-12-03 11:11:39

According to the Vietnam Cement Association, most cement companies in the country have announced a unified increase in product prices from November 18, with bagged and bulk cement rising by 100,000 Vietnamese Dong ( $3.8) per ton.

2025-11-28 10:55:34

According to the data of Pakistan Bureau of Statistics, the average retail price of 50 kg bags of cement in major cities in the north reached 1365 Pakistani rupees (about $4.84), a slight increase of 0.2% from the previous month; the price of cement in the south fell slightly by 0.1% in the week, from 1441 rupees per bag to 1440 rupees (about $5.10)..

2025-11-28 10:48:52

The Zimbabwean government has announced the immediate lifting of import restrictions on cement to cope with severe supply shortages and soaring prices. Since August 2025, the price of cement in the country has risen by about 40%.

2025-11-28 10:45:33

Rwanda's construction industry is experiencing an unprecedented boom, with prices for cement, steel, sand, gravel and timber generally rising sharply and often running out of stock for long periods. The trend of producer price index (PPI) in 2025 shows that the cost of building materials has increased by 5-10% on average. Among them, non-metallic mineral products (such as cement and lime) rose by 21% in the first quarter.

2025-11-28 10:41:52

The Armenian government recently passed a resolution to provide tariff exemption for imported equipment of Dragsman Cement and fully support its construction of cement plants in the mainland. The total amount of tariff relief is estimated to be 40.9 million drams (about $107,000).

2025-11-26 11:00:42

In October 2025, Saudi cement sales reached 5.24 million tons, up 7% year-on-year and 8% year-on-year, setting the highest monthly sales record since March 2021.

2025-11-26 10:58:16

The Algerian government is accelerating the restart of a large cement plant in Djelfa province. As of November 2025, the project has completed the asset evaluation and road map formulation stage, and is entering the substantive preparation for resumption of work. It is expected that some production lines will be put into operation in 2026..

2025-11-26 10:09:25

In the first three quarters of 2025, the accounts receivable of Nigeria's three enterprises, Dangote Cement, BUA Cement and Lafarge Africa, increased by 32% year-on-year to 65.2 billion naira. At the same time, total industry revenue reached 4.79 trillion naira, driven by an increase of about 40%.

2025-11-24 13:33:38

According to the data released by the Korea Cement Association on November 11, the domestic demand for cement in Korea is expected to be only 36.5 million tons this year, down 16.5% from the same period last year, a decrease of 7.21 million tons, which has dropped to the lowest level since 1991.

2025-11-24 11:03:47

According to the data of Indonesian Cement Association, as of September 2025, the total demand for cement in China decreased by 3% compared with the same period last year, of which the sales of bulk cement decreased by 10%, while the sales of bagged cement remained stable, with a slight decrease of only 0.1%. In the context of the overall pressure on the market, Indocement has shown strong business resilience. The company's total sales of cement and clinker reached 14.4 million tons, down only 2% from the same period last year, outperforming the industry average.

2025-11-18 17:26:42

Recently, China Pangu Cement Group went to Papua New Guinea to conduct a field assessment on the possibility of building a large-scale cement processing plant in Fenshhafen, Morobe Province.

2025-11-18 17:19:52

From January to September 2025, the total export volume of Uzbekistan's cement was close to 1.1 million tons, with a total export volume of 44.4 million US dollars, an increase of nearly four times over the same period last year. Among them, Kyrgyzstan is the largest export destination country, with an export volume of 488700 tons.

2025-11-17 16:15:57

In October 2025, Vietnam's export volume of cement and clinker reached 3.5 million tons, with an export value of 128 million US dollars, an increase of 30% and 20% respectively. This one-month performance not only continues the good trend of the whole year, but also releases a positive signal of market recovery.

2025-11-17 16:01:41

In October 2025, Argentina's cement consumption reached 968,000 tons, up 7% from 900,000 tons in the same period in 2024. From the perspective of supply structure, of the 968,000 tons of cement consumed in October, 967800 tons were supplied by domestic manufacturers, and the import volume was only 559 tons.

2025-11-17 15:47:21

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