October 2025

Greece: Titan Cement Group’s sales rose by 33% year-on-year to Euro2.28bn in 2022, while its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 20% to Euro331m. The producer sold 17.2Mt of cement, up by 2% year-on-year from 16.8Mt. Its USA sales rose by 34% to Euro1.31bn, its Southeastern Europe sales rose by 33% to Euro386m, its Greece and Western Europe sales rose by 22% to Euro326m, its Eastern Mediterranean sales rose by 48% to Euro256m and its Brazil-based joint venture Apodi’s sales rose by 38% to Euro115.9m. During the year, the group commenced exports of Type IL Portland limestone cement (PLC) from its Samsun, Türkiye, cement terminal to the US.

Group chair Marcel Cobuz said “The great performance results highlight the group's ability to adapt to market conditions and to activate effective growth strategies, driving positive financial performance mainly in US and Europe, where we serve the majority of our customers and have close to 90% of our sales. They also underscore the group’s resilience, adaptability and commitment of all our great teams to transform the group commercially and technologically while digitising our customer journey and decarbonising aggressively, delivering long-term value to all our stakeholders.”

China: China National Building Material (CNBM) subsidiary Xinjiang Tianshan recorded a drop in its net profit during 2022, Reuters has reported. The producer recorded a net profit of US$655m, down by 64% year-on-year from 2021 levels.

US: Holcim US has appointed TotalEnergies to install, maintain and operate a 33MW solar power plant and 38.5MWh battery system at its Florence, Colorado cement plant. By storing energy with the battery system, the plant can relieve demand on the grid at peak times. Holcim will receive roughly 71,000MWh/yr of renewable energy under a minimum 15-year power purchase and storage services agreement (PPSSA). The partners expect the new systems to reduce the plant's CO₂ emissions by 40,000t/yr and its energy consumption by 40%.

Holcim North America’s vice president for procurement Atl Martinez said "As we work to accelerate green growth across the US, it's critical that we come to the table with partners who share similar goals around circularity and renewable energy. This initiative with TotalEnergies demonstrates an ongoing determination to transform our operations and lower our carbon footprint. It's a milestone investment that will decrease our reliance on other sources of energy and shrink our utility costs through a powerful combination of clean energy and efficient operations."

China: Gansu Qilianshan recorded a net profit of US$110m in 2022, Reuters has reported. The figure corresponds to a drop of 20% year-on-year from US$138m in 2021.

China/Germany: CBMI Construction and mill supplier Gebr. Pfeiffer have signed a cooperation agreement to supply integrated calcined clay plants to the global cement industry. The partners say that their plants will offer clay calcination and grinding, giving cement producers a high performance solution, all in one place.

CBMI Construction and Gebr. Pfeiffer have carried out numerous recent cement projects in overlapping geographies, including Western and Southern Africa and Russia.

Saudi Arabia: Eastern Province Cement has invited contractors to bid for work on the construction of its planned 10,000t/day Najibiyah clinker plant.

Trade Arabia News has reported that the producer also plans to upgrade multiple decommissioned lines at its 3.5Mt/yr Al Khursaniyah cement plant.

Belgium: Holcim Belgium has received an environmental permit for the kiln upgrade for its 100% decarbonisation of its Obourg cement plant. Agency Belgium News has reported that the upgraded kiln will employ a 'new incineration concept' to enable it to replace limestone with alternative raw materials. It will reduce the plant's thermal needs by 40% and its CO₂ emissions per tonne of clinker by 30%. Construction will commence in late 2023. The kiln replacement will support a carbon capture installation as part of the GO4ZERO project.

The first phase of the GO4ZERO project is running from 2022 to 2025, and commands total investments of over Euro350m.

Saudi Arabia: Riyadh Cement's full-year 2022 results show an 11% year-on-year drop in sales to US$159m, from US$179m. The producer's operating and administrative costs dropped throughout the year. As such, it recovered a net profit of US$50.5m, up by 13% year-on-year from US$56.9m.

Mexico: Cemex says that it is within its rights to have continued using the Punta Venado terminal in Quintana Roo beyond the expiry of its contract with owner Sac-Tun at the end of 2022. Cemex says that it obtained an injunction to continue using the facilities after it began to have difficulty accessing them in late 2022. It subsequently obtained a contempt of court order against Sac-Tun when it tried to prevent it from accessing the terminal.

The Mexican State Prosecutor's Office supported Cemex's re-entry into the Punta Venado terminal on 14 March 2023.

Egypt: The General Authority for the Economic Zone of the Suez Canal has awarded UAE-based Abu Dhabi Ports Group (ADPG) a contract to operate two cement terminals, at Arish and Port Said. ADPG plans to establish 60,000t-worth of additional cement storage capacity at the Arish cement terminal, and 30,000t-worth of new cement capacity at the Port Said cement terminal. This will give the two Mediterranean ports a combined cement despatch capacity of over 2Mt/yr. The company expects this to double Egypt's cement capacity upon the completion of both projects in late 2023.

Under the contract, ADPG has also gained a 30-year concession over the Safaga Port multi-purpose terminal on the Red Sea coast. It plans to invest US$200m in an expansion to increase the terminal's dry bulk goods capacity to 5Mt/yr. It expects to commission the expanded facility in mid-2025.