Global Cement News

Greece: Titan sales remained stable at €1.33bn in the first half of 2025 due to strong sales in Greece and Egypt. Earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 2% year-on-year to €287m from €281m in the same period in 2024. Sales and earnings fell in the US due to poor weather and a subdued residential market. In Egypt the group noted a ‘construction boom’ connected to foreign investment in tourism-related developments. During the reporting period the company completed the divestment of its stake in Türkiye-based Adocim.

India: Ambuja Cements consolidated revenue rose by 23% year-on-year to US$1.17bn in the first quarter of its 2026 financial year (FY2026), from US$0.96bn in the same period in the 2025 year. Its operating earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 53% to US$223m in the period to 30 June 2025 from US$146m previously. Sales volumes of cement increased by 20% to 18.4Mt from 15.3Mt.

Vinod Bahety, the CEO of Ambuja Cements, said: “Our first quarter results are more than numbers - they reflect a vibrant mood, a transformation narrative rooted in speed, scale and sustainability.” He added, “As we march towards 140Mt/yr ecosystem by FY2028, we remain focused on reimagining cement as a solutions-driven customer-centric business.” The company says it currently has a cement production capacity of 105Mt/yr. It is working towards increasing this to 118Mt/yr by March 2026.

Spain: Molins sales revenue fell by 5% year-on-year top €659m in the first half of 2025 due to negative currency exchange effects in Mexico and Argentina. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 8% to €175m. However, both sales and earnings rose if adjusted for currency effects due to price rises and good performance otherwise in Europe and South America.

Marcos Cela, the CEO of Molins, said, "The results for the first half of 2025 reflect the strength of our business model, capable of responding firmly in a complex global environment, which has continued to be marked by economic uncertainty and currency volatility.” In June 2025 the group said it had spent €100m on expansion in the precast concrete sector by buying Portugal-based precast concrete producer Concremat and by starting to build a new plant in Spain.

Canada: Ash Grove, part of CRH, and Carbon Upcycling Technologies have broken ground on a carbon capture and utilisation unit at the Mississauga cement plant in Ontario. The project will use Carbon Upcycling's technology to sequester CO₂ from the cement kiln and use it to turn industrial byproducts into supplementary cementitious materials (SCM). Once operational in 2026, the facility will have the capacity to produce up to 30,000t/yr of SCMs.

"Carbon 1 Mississauga is a milestone in our journey to build world-leading, domestic supply chains in North America. It will stand as a testament to the shared commitment of our team, our partners at CRH and Ash Grove, and the local community who share our vision for a resilient, clean tomorrow,” said Apoorv Sinha, CEO of Carbon Upcycling.

The Carbon 1 Mississauga project is being delivered through a multi-stakeholder collaboration. CRH Ventures, the venture capital unit of CRH, has invested in Carbon Upcycling and is playing a role in scaling the company's technology. The project has been awarded around US$7m in federal government funding from the Next Generation Manufacturing's Sustainable Manufacturing Program, the Environment and Climate Change Canada's Low-Carbon Economy Fund and is receiving advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program.

Sri Lanka: KPN Cement Lanka has launched a fly ash cement product in conjunction with Japan-based Taiheiyo Cement. The product, called Taishi Cement, will be available for large-scale infrastructure projects, real estate developments and government initiatives, according to the Daily Financial Times newspaper. KPN Cement Lanka and Taiheiyo Cement are also intending to promote an awareness programme for sustainable construction practices in the country.

Taiheiyo Cement launched an export hub for blended cements in June 2025 called the Saiki Ash Center in Saiki City, Oita Prefecture. The site is intended to export fly ash-based blended cement products to Southeast Asia. It has an export capacity 0.8Mt/yr.