28 October 2025

Mexico: Cemex has released its third quarter financial results, reporting a 5% rise in net sales and double-digit consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) growth, driven by operational efficiencies and higher prices. The company achieved US$90m in EBITDA savings through Project Cutting Edge and expects to reach its full-year target of US$200m.

During this period, Cemex completed the divestment of its operations in Panama and acquired a majority stake in US-based Couch Aggregates. In Europe, the company remains ahead of the European Cement Association’s 2030 CO₂ emissions target. Third-quarter sales in Mexico were down by 2% year-on-year to US$1.12bn, while EBITDA was up by 16% to US$369m. In the US, sales were down by 2% to US$1.31bn, while EBITDA was up by 4% to US$269m. In the Europe, Middle East and Africa region, sales were up by 11% to US$1.38bn, while EBITDA was up by 23% to US$247m. South, Central America and the Caribbean saw sales up by 6% to US$295m and EBITDA up by 55% to US$64m.

CEO Jaime Muguiro said “Our achievements in the quarter confirm that we are setting a strong foundation to position Cemex as a more focused, agile and high-performing company.”

India: JK Cement has commissioned a new 1Mt/yr cement grinding facility at its Prayagraj works, raising the unit’s capacity from 2Mt/yr to 3Mt/yr and the company’s total grey cement capacity from 25.3Mt/yr to 26.3Mt/yr. The project forms part of JK Cement’s 6Mt/yr capacity expansion plan approved in January 2024, which includes brownfield projects in Panna, Hamirpur and Prayagraj, and a greenfield plant in Bihar.

UAE: Gulf Cement has been integrated into Italy-based producer Buzzi. The event was celebrated with a ribbon-cutting ceremony attended by senior executives of both companies.

Buzzi said “This integration is not just a business transaction; it represents a strategic alignment of shared values, innovation and long-term growth. We are delighted to welcome Gulf Cement into our family and look forward to building a stronger, more sustainable future together.”

Austria: Energy utility Verbund has commissioned a 15.4MW solar power plant at Holcim’s Mannersdorf cement plant in Lower Austria. Operational since mid-2025, the 17-hectare solar park features 22,204 modules that produce 19.3GW/yr of electricity, meeting around 15% of the plant’s total energy demand.

Verbund said the project will avoid up to 15,000t/yr of CO₂ emissions. It designed, built and will operate the facility. Holcim said the installation is central to its plan to power the Mannersdorf plant entirely with renewable energy by 2030.

Peru: National cement despatches reached 1.17Mt in September 2025, up by 10% year-on-year and 4% higher over the 12-month period, according to ASOCEM. Cement production totalled 1.05Mt, rising by 6% year-on-year and by 1% over the past 12 months. Clinker production reached 668,000t, up by 1% year-on-year but down by 10% in the 12-month period.

Cement exports fell by 10% year-on-year to 10,400t in September 2025, but rose by 9% across 12 months. Clinker exports increased by 88% to 70,500t, but declined by 2% in the annual period. Cement imports dropped by 41% year-on-year to 12,600t but more than doubled, up 105% over 12 months. Clinker imports surged by 90% to 161,000t, up 49% on the 12-month basis.