
06 March 2025
Nigeria: Bauchi State Government, in partnership with Resident Cement, has commenced work on a US$1.5bn cement plant in Diji Village, Gwana District, Alkaleri Local Government Area, according to Arise News.
Resident Cement Group Chairman Abbas Junaid stated that limestone deposits in the area are sufficient to sustain a 10Mt/yr capacity plant for 100 years. The company has begun drilling and will deploy four rigs to complete the project within two months, with full construction of the plant to begin in three months.
City Cement’s net profit rises by 76% in 2024 06 March 2025
Saudi Arabia: City Cement recorded a 76% increase in net profit to US$38.4m in 2024, up from US$21.9m in 2023. The company’s revenue grew by 46% year-on-year to US$139m, compared to US$95m in 2023. The increase in sales was attributed to higher sales volumes and an increase in average selling prices. For the first nine months of 2024, City Cement reported a net profit of US$27.4m and revenue of US$96.3m.
Canada: Progressive Planet has secured up to US$3.2m in funding from Sustainable Development Technology Canada (SDTC) to support the construction of a pilot plant for PozGlass, its low-carbon supplementary cementitious material (SCM) made from post-consumer glass. The funding will be distributed over four years, with the first tranche of US$1m received on 31 January 2025.
"PozGlass is our solution to reducing the carbon footprint of cement production. This funding allows us to innovate, reduce emissions and create value from post-consumer glass, a material that has been historically misallocated and considered waste," said Progressive Planet CEO Steve Harpur.
Progressive Planet signed a purchase agreement with Lafarge Canada in June 2023 for all PozGlass produced at the pilot plant, up to a maximum of 3500t/yr. Under the agreement, Lafarge Canada will provide technical guidance and support for the plant’s design, construction and operation.
Cemvision enters partnership for low-carbon cement 06 March 2025
Sweden: Swedish cement manufacturer Cemvision has entered a strategic partnership with Norway-based residential developer JM to develop ‘climate-friendly’ cement and concrete. As part of the agreement, JM has also acquired a minority stake in Cemvision.
Cemvision’s cement reportedly reduces CO₂ emissions by up to 95% compared to traditional cement, through the use of recycled industrial waste from mining and steel industries, combined with renewable energy in its kiln operations.
Peruvian cement despatches down by 2% in January 2025 06 March 2025
Peru: National cement despatches reached 0.99Mt in January 2025, down by 2% compared to January 2024 and by 0.7% in the 12-month cumulative period, according to ASOCEM. Cement production declined by 6% year-on-year to 0.87Mt, while clinker production dropped by 30% to 0.59Mt. Over the 12-month cumulative period, cement production fell by 3% and clinker production declined by 9%.
Cement exports reached 10,200t, down by 2% year-on-year and by 5% in the 12-month cumulative period. Clinker exports increased significantly, by 122% to 73,600t in January 2025, but were down by 18% in the cumulative period.
Cement imports rose by 63% year-on-year to 50,000t in January and by 23% in the 12-month period. Clinker imports fell by 29% to 44,000t in January but increased by 28% in the cumulative period.