Global Cement News

Peru: Cemento Yura, a subsidiary of Grupo Gloria, has launched a 28MW photovoltaic plant, the first in the Peruvian cement sector, according to M-Brain News.

The 45-hectare facility consists of 51,264 photovoltaic modules and will generate 80.65GW/yr of electricity, covering around 30% of the Yura cement plant’s energy needs. The project cost US$23.5m.

India: Shree Cement recorded sales of US$2.38bn in the 2025 financial year, down by 5.5% year-on-year. Operating expenses increased by 2.9% to US$2.17bn, resulting in earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$528m, down by 12% year-on-year. Net profit dropped by 50% to US$141m.

Shree Cement said that the fourth quarter of the 2025 financial year brought cement sales of 9.84Mt, up by 3.3% year-on-year from 9.53Mt in the fourth quarter of the 2024 financial year. Premium products contributed 16% of sales.

Italy: Buzzi recorded sales of €972m in the first quarter of 2025, up by 9% year-on-year, driven by acquisitions and ‘favourable’ exchange rates. Sales remained level year-on-year in Italy, but dipped by 3.3% in the US. During the quarter, Buzzi sold 6.38Mt of cement and 2.18Mm³ of ready-mix concrete, up by 23% and 4% respectively. The producer noted ‘solid’ shipments in Eastern Europe and signs of recovery in Central Europe.

Buzzi confirmed its 2025 guidance for operating results in line with 2024.

Thailand: Siam City Cement recorded sales of US$418m in the first quarter of 2025, up by 36% year-on-year. MarketScreener News has reported that group net profit fell by 12%, to US$30.7m.

Nigeria: A court in Lagos has found that it has jurisdiction to hear a suit filed by Strategic Consultancy against the sale of an 84% stake in Lafarge Africa by Holcim to Huaxin Cement. Lafarge Africa submitted the unsuccessful challenge to the court’s jurisdiction. This Day News has reported that the court also ordered the joinder of Netherlands-based Caricement and UK-based Associated International Cements as defendants.

Strategic Consultancy alleges that the sale bypassed minority shareholders, in violation of Nigerian law. Proceedings will continue on 11 June 2025.