
15 September 2025
Steppe Cement narrows losses in first half of 2025 15 September 2025
Kazakhstan: Steppe Cement narrowed its losses in the first half of 2025 as higher sales volumes and stronger margins offset rising energy costs and inflationary pressures, according to Sharecast. The company reported revenue of US$40.9m for the six months ending 30 June 2025, up by 19% from US$34.4m in 2024, driven by an 18% increase in sales volumes to 850,000t. Net loss fell sharply from US$3.5m to US$0.5m in 2024.
The producer said that production costs remained flat in tenge terms despite higher electricity, diesel and consumable prices. Clinker output rose by 4% in the first six months and remains on track for 8% growth in 2025. The producer has reportedly invested in ecological compliance measures, including new filters, and commissioned a dynamic separator for its third raw mill. It is also exploring ways to boost clinker capacity at its Line 6 and optimise its wider asset base.
Kazakhstan’s cement market grew by 19% in the first half of 2025, supported by favourable weather, economic growth, infrastructure spending, population increases and subsidised mortgage lending. However, Steppe expects growth to slow in the second half of 2025. The company aims to maintain its domestic market share at around 14% for the full year, with total volumes between 1.8Mt and 1.85Mt. Exports fell from 0.45Mt to 0.4Mt in the same period of 2024, while imports increased to 7.7% of the market amid higher supply from Uzbekistan. Steppe Cement reported clinker and cement inventories valued at US$7.3m.
PSP Engineering to build cement plant in Uzbekistan 15 September 2025
Uzbekistan: Czech Republic-based PSP Engineering will build the Jizzakh cement plant for local company Jizzakh Avantage Plus, with an investment of US$183m, according to Forbes Czech Republic. The turnkey project is scheduled for completion at the start of 2028.
The plant will have a production capacity of 1Mt/yr, covering about 5% of Uzbekistan’s annual cement output once operational. Turkish company SanDeks is participating as a strategic partner, while selected Czech companies will contribute to the supply chain. The project is reportedly financed by an international investment fund. Jaroslav Koutňák, technical director and board member of PSP Engineering, said the Jizzakh Avantage Plus plant represents the company’s largest project in Central Asia and the Middle East.
Lucky Cement expands renewable power portfolio in Pakistan 15 September 2025
Pakistan: Lucky Cement commissioned 28.8MW of wind power at its south Karachi plant in the second quarter of the 2025 financial year, bringing its total renewable energy portfolio to 160MW. This includes 74MW of solar and 56MW of waste heat recovery (WHR).
The company said renewable sources now cover more than 55% of its cement operations’ electricity demand, with the remaining 45% supplied by the national grid.
Lucky Cement also reported that cement dispatches rose by 8% year-on-year in the 2025 financial year, driven largely by stronger exports. The company said that it has retained its position as Pakistan’s largest cement exporter, with African markets accounting for the bulk of volumes.
Residents protest Ambuja Cement’s proposed grinding unit in Kalyan 15 September 2025
India: Environmental activists and residents of the villages of Ambivli, Atali, and Mohane in Kalyan have raised objections to Ambuja Cement’s proposed 6Mt/yr Ambivli cement grinding unit, citing air pollution and risks to the nearby Kalu and Ulhas rivers, according to local press. A public hearing by the Maharashtra Pollution Control Board is scheduled for 16 September 2025.
The US$159m plant will be located on a 26 hectare site, 9.67 hectares of which have been earmarked for green belt development, while 5.49 hectares will be used for installation of the grinding unit, storage facilities and a packing plant.
Opponents argue that the project violates environmental guidelines requiring a minimum 500m buffer from residential areas.Nitin Nikam of Mi Kalyankar said “The project will affect the health of thousands of commuters travelling from Ambivli station. Hundreds of thousands of residents in Ambivli, Atali and Mohane live just 150–200m away and will be exposed to air pollution from the plant.”
Stalin D, director of Vanashakti, said “The proposed unit will add to the pollution levels of the Ulhas River. As cases related to the river’s pollution are pending at the Supreme Court, the government should not encourage any project that risks worsening the situation.”
Nikam also called for the hearing to be postponed by one month, noting that the notice does not specify the exact venue where the hearing is due to be held.
Ghanaian cement producers raise concerns over rising imports from Togo 15 September 2025
Ghana: The Chamber of Cement Manufacturers (COCMAG) has raised concerns about a surge of imported bagged cement, mainly from Togo, according to local press.
In a statement to the Ministry of Trade, Agribusiness and Industry, COCMAG CEO George Dawson-Ahmoah said that foreign cement brands, particularly from Togo, are increasingly ‘flooding’ the Ghanaian market without undergoing mandatory product certification by the Ghana Standards Authority. He said that this raises safety concerns for buildings and infrastructure.
Beyond safety, Dawson-Ahmoah said that the influx is distorting market dynamics. “Our local manufacturers have made substantial investments to expand production capacity, create jobs, and contribute meaningfully to Ghana's economic development. As such, the influx of imported cement without any value addition to the local economy risks eroding these gains, weakening investor confidence and destabilising the entire industry.