22 April 2025

Vietnam: VICEM Ha Tien Cement recorded a net loss of US$374m in the first quarter of 2025, down from US$952m a year earlier, despite an 11% rise in cement consumption and a 6% increase in revenues to US$61.2m, according to the Vietnam National Cement Association.

The company targets 5.83Mt of cement and 530,000t of clinker sales in 2025, aiming for US$276m in revenue and US$7.1m in profit, which it will reportedly achieve through tightening cost control and diversify output.

Saudi Arabia: Al Jouf Cement reported a net loss of US$7.39m in 2024, compared to a net profit of US$10.04m in 2023. Sales fell by 5% year-on-year to US$68.4m from US$71.8m in December 2023. In the nine months to 30 September 2024, net profit declined by 31% to US$8.17m.

Bahrain: New rules have placed strict demands on local producers and importers. A regulation signed by Industry and Commerce Minister Abdulla bin Adel Fakhro requires all cement sold in Bahrain to meet BS EN 197-1 and GSO ASTM C150 standards and be circulated with a conformity certificate from the Bahrain Standards and Metrology Directorate. News of Bahrain has reported that there will be regular laboratory testing, specific storage and transport conditions, and penalties for non-compliance. The move reportedly marks a push to raise the standard of construction materials.

Pakistan: Fauji Cement has launched a 26MW Ashar Navaid Solar Park at its Nizampur plant. The new solar facility will generate an average of 41,600MW/yr of renewable electricity.