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Vietnamese cement and clinker exports decline in 2024 05 February 2025
Vietnam: The General Department of Vietnam Customs recorded exports of cement and clinker of 29.7Mt in 2024, down by 5% year-on-year from 2023 levels. Producers and exporters generated US$1.14bn in revenues from the exports, down by 14% year-on-year.
Việt Nam News has reported that the Philippines topped the list of importers of Vietnamese cement, with 8.01Mt (27%), down by under 1%. Bangladesh imported 5.49Mt (19%), up by 11%, and Malaysia imported 1.68Mt (6%), down by 3%.
Indonesia: Indonesian Cement Association (ASI) chair Lilik Unggul Raharjo has called for a more ‘robust’ approach to production overcapacity in the cement sector. In a statement by the ASI he lobbied for the government to strengthen its ban on the construction of new plants, according to the Jakarta Post newspaper and Kontan. At present the moratorium applies to obtaining licences via the country’s integrated electronic licensing system (OSS). Lilik also requested a better legal framework to protect the industry.
The government says it is using the block on investment in new cement plants to support the local sector. Restrictions are in place for regions such as Sumatra, Java, Kalimantan and Sulawesi. However, the government is ‘open’ to new plants being built in areas that have no existing units including Papua and Maluku.
ASI data shows that cement sales reached 77Mt in 2024 with a capacity utilisation rate of 65%. Domestic sales fell by just under 1% year-on-year to 65Mt in 2024. Exports grew by 10% to 12Mt. The ASI expects domestic sales of cement to increase by up to 2% in 2025.
Germany: The German Cement Works Association (VDZ) has launched its new Cement Carbon Class (CCC) labelling system for cement. CCC labels inform customers of the embodied CO2 emissions of cement, with Classes A to D signifying 100 – 500kg CO₂/t. Meanwhile, those below 100kg CO₂/t will class as CCC Near Zero. The labels are currently available for cement producers to adopt on a voluntary basis.
India: Shiva Cement raised its sales to US$23.4m in the nine months of its 2025 financial year, up by 1% year-on-year from US$23.1m in the corresponding period in the 2024 financial year. Nonetheless, the company's net loss grew by 58% year-on-year, to US$10.2m.
Titan Cement Group details latest venture capital investments 05 February 2025
Greece: Titan Cement Group says that it has accelerated its innovation strategy with new investments in cement-aligned start-ups. The producer has invested in AI-based industrial process optimiser developer Optimitive, in concrete design systems developer Concrete.ai, in demolition materials-based concrete developer C2CA Technology and in property technology investor Fifth Wall.