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News 07 July 2025

07 July 2025

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Holcim UK welcomes National Wealth Fund investment in Peak Cluster CCS project

07 July 2025

UK: Holcim UK has welcomed a €33.1m investment by the National Wealth Fund into the Peak Cluster carbon capture and storage (CCS) project, which will decarbonise 40% of the UK’s cement and lime production and support over 2000 existing jobs, as well as creating new ones. Led by Progressive Energy, Peak Cluster is a partnership between Holcim UK, Breedon, Tarmac and Sigma Roc involving cement and lime plants in Derbyshire and Staffordshire, including Holcim UK’s 1Mt/yr Cauldon plant. The project aims to reduce annual carbon emissions from its partners by 3Mt/yr from 2032 (25% of annual CO₂ output for the area), by capturing CO₂ from the plants and transporting it by pipeline to Morecambe Net Zero's disused gas fields under the East Irish Sea.

The investment will fund front-end engineering and design (FEED) and other studies to support a final investment decision in 2028. Holcim UK CEO Lee Sleight said that CCS is ‘essential’ to decarbonise cement manufacturing and achieve net zero by 2050.

Peak Cluster CEO John Egan said it will create a ‘backbone of industrial opportunity’ across northern England.

Published in Global Cement News
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Vicem returns to profit in first half of 2025

07 July 2025

Vietnam: Vietnam Cement Industry Corporation (Vicem) recorded a consolidated after-tax profit of US$1.3m in the first half of 2025, following two consecutive years of losses, according to The Investor magazine. Clinker production reached 7.96Mt, up by 6.5% year-on-year, while cement exports totalled 0.71Mt. Looking ahead to the rest of 2025, Vicem expects domestic cement consumption to grow in the second half of 2025 due to increased public investment in infrastructure and recovering real estate supply, despite challenges from rain and storms in the northern and central regions, which could potentially affect demand. In addition, the industry continues to face challenges such as oversupply, price competition and changing customer preferences.

Vicem chair Nguyen Quoc Viet said that the company will focus on maintaining profitability by optimising clinker operations, enhancing efficiency and securing raw material supplies by securing a license and approval for mining exploration. It will also reportedly invest in technology upgrades and accelerate waste heat recovery power projects to reduce energy costs and CO₂ emissions.

Vicem manages 10 plants, housing 16 production lines, with an annual capacity of 20Mt/yr of clinker and 27Mt/yr of cement. It was the only one of six firms under the Ministry of Construction to report a loss in 2024, when it recorded a consolidated loss of US$55.15m.

Published in Global Cement News
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Moroccan cement sales expected to rise by 10% by the end of June 2025

07 July 2025

Morocco: Cement sales are expected to reach 6.8Mt by the end of June 2025, up 10% from 6.2Mt in the same period in 2024, according to the Ministry of National Land Use Planning, Urban Development, Housing and Urban Policy.

Sales by members of the Professional Association of Cement Manufacturers (APC) – Asment Temara, Ciments de l'Atlas, Ciments du Maroc, LafargeHolcim Maroc and Novacim – totalled 0.83Mt in June 2025, up by 12% year-on-year from 0.75Mt.

Published in Global Cement News
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Aboitiz Construction to provide site services at three Republic Cement plants

07 July 2025

Philippines: Aboitiz Construction has signed a three-year contract with Republic Cement and Building Materials (RCBM) to deliver site-specific services at the Norzagaray plant in Bulacan, the Teresa plant in Rizal, and the Danao City plant in Cebu.

The scope includes industrial housekeeping and general upkeep at Teresa, industrial housekeeping at Bulacan and technical manpower support for maintenance at Danao. The project will source around 80% of manpower from local communities.

Published in Global Cement News
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