16 May 2025

India: Shree Cement recorded sales of US$2.38bn in the 2025 financial year, down by 5.5% year-on-year. Operating expenses increased by 2.9% to US$2.17bn, resulting in earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$528m, down by 12% year-on-year. Net profit dropped by 50% to US$141m.

Shree Cement said that the fourth quarter of the 2025 financial year brought cement sales of 9.84Mt, up by 3.3% year-on-year from 9.53Mt in the fourth quarter of the 2024 financial year. Premium products contributed 16% of sales.

Italy: Buzzi recorded sales of €972m in the first quarter of 2025, up by 9% year-on-year, driven by acquisitions and ‘favourable’ exchange rates. Sales remained level year-on-year in Italy, but dipped by 3.3% in the US. During the quarter, Buzzi sold 6.38Mt of cement and 2.18Mm³ of ready-mix concrete, up by 23% and 4% respectively. The producer noted ‘solid’ shipments in Eastern Europe and signs of recovery in Central Europe.

Buzzi confirmed its 2025 guidance for operating results in line with 2024.

Thailand: Siam City Cement recorded sales of US$418m in the first quarter of 2025, up by 36% year-on-year. MarketScreener News has reported that group net profit fell by 12%, to US$30.7m.

Nigeria: A court in Lagos has found that it has jurisdiction to hear a suit filed by Strategic Consultancy against the sale of an 84% stake in Lafarge Africa by Holcim to Huaxin Cement. Lafarge Africa submitted the unsuccessful challenge to the court’s jurisdiction. This Day News has reported that the court also ordered the joinder of Netherlands-based Caricement and UK-based Associated International Cements as defendants.

Strategic Consultancy alleges that the sale bypassed minority shareholders, in violation of Nigerian law. Proceedings will continue on 11 June 2025.

Denmark: Cementir Holding subsidiary Aalborg Portland Cement has awarded Christian Pfeiffer an engineering, procurement and construction (EPC) contract for the installation of a QDK-T 250-Z high-efficiency separator for Cement Mills 8 and 9 at its Rørdal plant. The equipment will integrate both mills into a shared separator system, in order to increase their total capacity and facilitate the production of new cements. The upgrade also includes the installation of a single replacement bucket elevator, two air slides with integrated flow impact meters and a bag filter system. Commissioning is scheduled for 2026.

Christian Pfeiffer’s Product Line Manager Cement, Juan Camilo Vanegas Aguirre, said “This was the first EPC offer jointly prepared by our team in Chennai, and reaching this agreement after two years of collaboration is a real achievement.”

US: Heidelberg Materials North America is upgrading its Cementon cement distribution terminal in New York. The producer will build a new packaging line with a 200t/hr Haver & Boecker rotary packing machine and a fully-automated Beumer palletising system. It will also expand its cement storage silos in order to support the growth of its bulk cement sales.