Global Cement News

China: China Resources Building Materials Technology expects its full-year profit to have dropped by 62 – 72% year-on-year in 2024, Reuters has reported. This would correspond to a gross profit of US$579 – 786m, compared to US$2.07bn in 2023. The producer attributed the anticipated decline to ‘lower gross margins’ in its various businesses.

Japan: Sumitomo Osaka Cement's sales declined by 0.8% year-on-year to US$1.09bn in the first nine months of the 2025 financial year. Nonetheless, the producer succeeded in raising its pre-tax profit, by 16%, to US$44.9m. The company forecasts full-year sales of US$1.47bn (up by 0.6%) and profit of US$54.4m (down by 2%), maintaining previous estimates.

US: Eco Material Technologies has secured a US$800m green term loan facility. The facility will mature in 2032. Eco Material Technologies will invest the funds in expansion to its supplementary cementitious materials (SCM) production capacities, to raise them to 20Mt/yr.

The company noted the oversubscription of the raise as demonstrative of high confidence in its proposition for the decarbonisation of cement and concrete.

Taiwan: Asia Cement Corporation (ACC) has published its inaugural Nature-Related Financial Disclosures Report for 2025. The report adopts the Task Force on Nature-Related Financial Disclosures’ framework to evaluate the nature-related impacts of ACC’s operations. It already publishes an annual Climate-Related Financial Disclosures Report.

Since 2020, ACC has invested US$21.5m initiatives aimed at promoting nature, including its successful rehabilitation of golden birdwing butterflies.

India: Shree Cement has signed a memorandum of understanding with the government of Karnataka to invest nearly US$1bn in cement manufacturing facilities over the next five years. The producer will build a cement plant in the city of Kalaburagi, with 3.5Mt/yr of clinker capacity and 3Mt/yr of cement capacity, for US$288m. The plant will create 300 jobs and start production in 2025.

Shree Cement will build a second plant nearby, in the Kalaburagi district. The plant will have a clinker capacity of 3.5Mt/yr and an eventual cement capacity of 6Mt/yr, to be commissioned in two phases. It will create 750 jobs and cost US$575m. Commissioning is scheduled for 2030.

The last project planned is for a clinker grinding plant in the district of Bangalore Rural, with a capacity of 3Mt/yr and a cost of US$98m. The facility will create 250 jobs and begin production in 2028.

Shree Cement has stated that it is ‘committed to sustainable development’ and will ‘incorporate advanced technologies to ensure environmentally friendly operations.’