5 days ago · The February 2025 issue of Global Cement Magazine - to be distributed at the Global FutureCem Conference in Istanbul, Türkiye, has a decarbonisation theme, with contributions on calcined clay, waste heat recovery, process optimisation, new collaborations and more. There’s also a look at how the world Cement Association CEO Ian Riley expects cement demand to change over the 25 years to 2050 ...

Dec 16, 2024 · Global: The World Cement Association has released a white paper titled ‘Long-Term Forecast for Cement and Clinker Demand’, authored by CEO Ian Riley.The paper predicts a global decline in cement demand to 3Bnt/yr by 2050, with clinker demand dropping to 1.5Bnt/yr. The report attributes the decline to decarbonisation, technological advancements and market dynamics, with the need for carbon ...

Oct 22, 2024 · India: UltraTech Cement has published its financial results for the second quarter ending 30 September 2024.For the second quarter, the company reported sales of US$1.86bn, down by 2.1% from US$1.90bn in the same period of 2023. Revenue for the second quarter of 2024 was US$1.89bn, marking a year-on-year decrease of 2% from US$1.92bn in 2023.

Jul 24, 2024 · Congratulations to Taiheiyo Cement Philippines (TCPI) this week for inaugurating its new 3Mt/yr production line at its Cebu plant. The US$220m line replaces the old line at the site that was closed in late 2021.

Nov 25, 2024 · India: The cement sector in India is forecast to reach a market size of 509Mt/yr by the 2029 financial year. A report published by Infomerics Ratings made the prediction based on a market size of 382Mt in the 2023 financial year and a compound annual growth rate of 4.9%.

Dec 9, 2024 · Vietnam: Vietnam produced 167Mt of cement in the first 11 months of 2024, up by 3% year-on-year, according to the latest data from the General Statistics Office (GSO).In November 2024, the country’s cement output increased by 12% year-on-year to 17.2Mt, according to the GSO. In 2023, Vietnam produced 120.1Mt of cement, down by 5% year-on-year.

Jan 14, 2025 · Switzerland: Cement deliveries declined by 4.6% year-on-year to 3.6Mt in 2024, impacted by slow economic recovery, uncertainty and high energy prices, according to industry association Cemsuisse. However, the fourth quarter of 2024 showed a 2.1% year-on-year increase in deliveries to 0.89Mt, reportedly driven by declining inflation and low interest rates, with Cemsuisse stating that it is ...

5 days ago · India: Shree Cement has reported that, in the third quarter of the 2025 financial year, its profit after tax fell by 72%, to US$22.4m, down from US$81m in the previous corresponding period.The company’s net consolidated total income declined by 12% year-on-year to US$540m, whilst sales volumes increased by 15% to 8.77Mt compared to …

Dec 11, 2024 · Australia: Cement Australia, a joint venture between Heidelberg Materials Australia and Holcim Australia, will acquire the cementitious division of the Buckeridge Group of Companies (BGC) in Perth for US$800m, according to The Australian.The acquisition includes a cement grinding unit with ‘significant’ capacities, along with operations in cement, concrete, quarry, asphalt, transport and a ...

Nov 15, 2024 · Azerbaijan: The Global Cement and Concrete Association (GCCA) has called on governments at the COP29 climate conference to support the decarbonisation of the cement industry. The association published its Net Zero Progress Report 2024/25 to coincide with the conference. The report details the ‘extensive decarbonisation work’ currently underway in the industry, including accelerating carbon ...