02 September 2025

China: Huaxin Cement is planning to consolidate all overseas production and operating assets into a new subsidiary, which it intends to list on an overseas stock exchange, according to a company announcement made on 31 August 2025. The proposed spin-off, which is still at a preliminary stage, reportedly aims to broaden financing channels, integrate resources and strengthen the company’s global operations.

Huaxin Cement said the restructuring will not affect its control over the overseas assets, with the new entity remaining a controlled subsidiary in its consolidated financial statements. The company said the move supports its long-term goal of becoming a 'globally leading multinational corporation in the building materials industry.'

The announcement comes just two days after the completed divestment of Holcim’s stake in Lafarge Africa to Huaxin Cement for US$1bn.

India: Nuvoco Vistas will invest US$24m to expand its grinding capacity in eastern India by 4Mt/yr, according to local press. A new mill will be installed at the Arasmeta plant in Chhattisgarh, with upgrades, process improvements and debottlenecking at Jojobera (Jharkhand), Panagarh (West Bengal) and Odisha plants.

Phase one will add 1Mt/yr by the third quarter of the 2026 financial year, 2Mt/yr by the end of 2025, and 1Mt/yr by the 2027 financial year. The company said that the work at Jojobera, Panagarh and Odisha will be achieved with limited capital expenditure.

Following the acquisition of Vadraj Cements, Nuvoco Vista’s total capacity stands at 31Mt/yr, with eastern capacity set to rise by over 20% to 23Mt/yr within 18 months. Capacity utilisation was 78% as of March 2025.

Cameroon: Cement producer Entreprise Générale Industrielle (EGIN) has obtained US$10.3m in financing from the Central African Development Bank (BDEAC) to expand production and storage capacity at its Douala grinding plant, according to News du Camer. Managing director Kaiafas Georges Kyriakos and BDEAC president Dieudonné Evou Mekou signed the agreement in Douala.

In its 2023 annual report, BDEAC already announced that it had provided initial financing for the implementation of this project, estimated at a total of US$33.7m. EGIN entered the cement business in 2017 under the Lion brand.

BDEAC said the new support is part of its wider US$56.4m financing package for projects across the sectors of cement, reinforcing steel, hospitality and logistics.

Bolivia: Cement production was 325,068t in June 2025, down by 4% month-on-month from 338,536t in May 2025 and by 2% year-on-year from 331,854t in June 2024, according to the Institute of National Statistics (INE). La Paz led output with 98,290t, followed by Santa Cruz with 90,385t. In the first half of 2025, cement production reached 1.9Mt.

Cement sales fell to 306,714t in June 2025, a 20% fall from 381,160t in May 2025 and down by 4% from 319,041t in June 2024. In the first half of 2025, sales declined by 1% year-on-year to 1.88Mt from 1.91Mt in the first half of 2024.