Pakistan: Cement exports have increased by 23% to US$167m from July to December 2024, compared to US$136m in the same period of 2023, according to the Pakistan Bureau of Statistics. Export volumes rose by 34% from 3.51Mt to 4.69Mt. In December 2024, exports grew by 45% year-on-year to US$31.9m, up from US$22m in December 2023. The data also showed a 3% month-on-month rise in December 2024 compared to November 2024.
Holcim, Enagás, and Saggas to develop CO2 capture and storage project at Sagunto plant
Spain: Holcim, Enagás and gas supplier Saggas have announced the ‘CO2necta’ project, a joint decarbonisation initiative that will capture, transmit and store over 0.56Mt/yr of CO₂. The project will involve the construction of a CO₂ capture plant at Holcim's Sagunto plant in Valencia. Captured CO₂ will be transported through Enagás infrastructure to the Saggas terminal in the Port of Sagunto, where it will be liquefied and then shipped for geological storage.
Polish cement industry forecasts rise in production
Poland: The Polish cement industry predicts a 5% increase in production in 2025, to nearly 18Mt, driven by anticipated economic growth and potential EU fund unblocking under a national recovery plan.
Poland's statistics office reported cement production of 16.5Mt at the end of November 2024, a 5.6% year-on-year increase. The main factor impacting Poland's cement production volume was a weak construction industry and a significant increase in imports from Ukraine. According to a report by EY Poland, cement imports from Ukraine increased from just 300t in 2015 to almost 0.33Mt in 2023. Ukraine's share of cement imports to Poland in 2023 reached 29%, almost equalling the volume of supplies from Germany.
UltraTech Cement reports 2025 third quarter financial results
India: UltraTech Cement’s profit after tax for the third quarter of the 2025 financial year declined by 17% year-on-year to US$166m, compared to US$199m in the third quarter of the 2024 financial year. Net sales rose slightly, by 1.4%, to US$1.87bn from US$1.84bn in the previous corresponding period.
The company projected a future growth in volume of 7-8%, due to its focus on infrastructure and housing projects, as well as increased demand. It said that its capacity expansion program remains on track, with 1.8Mt/yr added during the quarter. Including its acquisition of The India Cements, UltraTech’s total cement capacity has reached 171Mt/yr. It expects to reach 200Mt/yr capacity by the end of the 2027 financial year.


