August 2025

Germany: Berlin-based AI startup Alcemy, in partnership with German cement producer Spenner, has produced a commercially viable low-carbon cement alternative named ‘CEM X’. This product reportedly reduces carbon emissions by 65% and has less than 30% clinker content, according to the company. The composition incorporates a blend of 33% granulated blast furnace slag and 37% limestone.

Alcemy CEO Leopold Spenner said "With 'CEM X,' we have reached a significant milestone on our journey to decarbonising the cement industry.”

Spain: Domestic cement consumption in Catalonia fell by 8.5% year-on-year in the year to May 2024, reaching 2.1Mt, while production decreased by 6.6% to 3.14Mt. Exports also declined by 18% to 1.6Mt during this period.

According to Ciment Català, the statistics confirm the ‘sluggishness’ of the domestic market and the difficulties Catalan companies face in competing in other regions and countries. It warned that the situation could become worse due to the general economic situation in the region. Salvador Fernández Capo, president of Ciment Català, said that investment in infrastructure was likely to be further delayed.

Pakistan: Cement dispatches in May 2024 reached a nine-month high at 4.3Mt, marking an 8% rise year-on-year and a 45% month-on-month increase from April 2024, driven largely by a surge in exports. Over the first 11 months of the 2024 financial year, total dispatches amounted to 41.7Mt, up 3% from 2023 with exports growing by 66%, according to Pakistan Press International. However, domestic dispatches fell by 4%.

Germany: Heidelberg Materials, in partnership with Linde, is constructing a large-scale carbon capture and utilisation (CCU) facility at its Lengfurt cement plant, set to start operating in 2025. According to the company, it will be the first of its kind. The project is named Capture-to-Use (CAP2U) and will capture 70,000t/yr of CO₂.

Christian Knell, general manager of Heidelberg Materials Germany, said "With the amine scrubbing technology applied here in Lengfurt, we are demonstrating the capture and utilisation of CO₂ on an industrial scale for the first time in the cement industry in Germany.”

Global: The Global Cement and Concrete Association (GCCA) and the United Nations Industrial Development Organization (UNIDO) have entered a partnership to accelerate the decarbonisation of the cement and concrete industry, focusing on the global south. This collaboration, formalised through a memorandum of understanding, commits both organisations to advancing sustainability and decarbonisation. Their joint efforts will include developing low-emission technologies, organising international events and promoting industry solutions globally.

GCCA CEO Thomas Guillot said "Through our net zero roadmap and the accelerator programme we have put in place, we are already working with policymakers, governments and industry to overcome procurement and resourcing challenges across the global south. Having this ground-breaking agreement with UNIDO is a natural progression which we hope will fast-track progress in a meaningful way."

France/Europe: Eurazeo, via its Smart City fund, alongside the EIC Fund and existing investors, is supporting Materrup with a €26m fundraising effort to expand its low-carbon cement technology across France and Europe. This investment will accelerate the deployment of Materrup's circular low-carbon cement plants using its non-calcined clay technology. Already operational with its first scale plant in Landes, Materrup plans to establish an additional 10 plants, in collaboration with European industrial partners.

Peru: The Gloria Group is set to expand its operations with a new lime plant in Lima's industrial zone, according to CE NoticiasFinancieras. This development is promoted by the group’s cement, concrete and lime subsidiary Cemento Yura. The proposed plant, will have a production capacity of over 350,000t/yr and will serve both domestic and export markets. Currently, the group operates Cal y Cementos Sur (Calcesur), which produces quicklime and hydrated lime in Juliaca with a capacity of 1Mt/yr. With lime demand rising, particularly from the mining and construction sectors, Gloria Group is also considering further plant projects.

The company is reportedly confident that the procedures for obtaining operating permits for new projects in the mining sector will be expedited in order to stimulate the demand for lime. It also did not rule out the implementation of new plants.

Vietnam: The Vietnamese cement industry persists in facing difficulties, with several plants operating at only 70 - 75% capacity and accumulating stockpiles of around 5Mt, according to the Vietnam Investment Review. The total production capacity is over 120Mt/yr, yet four new production lines with a combined 11Mt capacity remain inactive. At a recent conference, strategies were proposed to alleviate industry pressures, including fiscal policy adjustments and abolishing the current clinker export tariff, which currently sits at 10%. It was revealed that many cement producers are struggling due to borrowing, soaring production costs and slow consumption.

Chair of the Vietnam Cement Association Nguyen Quang Cung said "Never before has the cement industry been at such a critical stage. If the current predicament drags on, the possibility of domestic ownership transferring to foreign investors might occur, posing the threat of the cement sector falling into the hands of foreign businesses, thereby reducing the country's ability to deal with pricing and market moderation in the long term."

Adani Group’s subsidiary Ambuja Cements signed a deal this week to buy Penna Cement for US$1.25bn. The agreement adds 14Mt/yr of cement production capacity to the group with a focus in the south of India. The acquisition is a big step towards the group’s target of reaching a capacity of 140Mt/yr by 2028. Ajay Kapur, the head of Ambuja Cements, also singled out the advantage the company hopes to gain from taking control of Penna Cement’s terminals saying that they would “prove to be a gamechanger by giving access to the eastern and southern parts of peninsular India.” The move is expected to increase the group’s market share in India by 2%, and by 8% in South India.

Penna Cement operates four integrated plants in Andhra Pradesh and Telangana with a capacity of 7Mt/yr. Two of these units also include waste heat recovery installations and one has a captive power plant. It runs two grinding plants in Andhra Pradesh and Maharashtra with a capacity of 3Mt/yr. Another integrated plant is being built at Jodhpur in Rajasthan and a grinding plant at Krishnapatnam in Andhra Pradesh. Finally, the company owns four bulk cement terminals at Kolkata, Gopalpur, Karaikal and Kochi in India, one at Colombo in Sri Lanka and it also owns a 25,000t cement carrier.

Adani Group’s march towards that target of 140Mt/yr by 2028 started off in mid-2022 when it purchased Ambuja Cements and ACC from Holcim. This gave it a starting capacity of 68Mt/yr in the cement sector. Various smaller additions followed including new plants at Ametha and Dahej and the acquisitions of Asian Cement and Concrete, MyHome Industries and Sanghi Industries. The latter company was the biggest of these purchases. Once the in-progress projects from Penna Cement are built, Adani Group should have a capacity of 93Mt/yr. Another 20Mt/yr is reportedly at various stages of execution. The remaining 27Mt/yr is described as being ‘blueprint ready.’

Generally, the local financial press has been in favour of the transaction agreeing with the geographic advantages of Adani Group increasing its presence in the southern states. The benefits of the high number of railway sidings at Penna Cement’s plants were also commented upon as a means for Ambuja Cements to reduce its costs per tonne of cement. The logistics benefit from the port terminals is also expected by Adani Group’s chief financial officer to reduce the group’s logistics costs with an impact expected within the next year. However, it has been reported that Penna Cement’s operating performance had been weaker in the last financial year due to low sales volumes, poor operational efficiency and high coal costs. A takeover by Adani Group could certainly fix the latter two issues. Yet, it has also been reported that competition in the cement markets in Andhra Pradesh and Telangana is up, due to a mismatch between supply and demand. So, improving Penna Cement’s capacity utilisation in these regions might be harder to solve than simply being absorbed into Adani Group.

India’s two largest cement producers both have plans in motion to mount up production capacity by the end of the decade in what has been dubbed ‘the battle of the billionaires.’ The market leader is UltraTech Cement and it has shown reluctance to cede ground to the cement newcomer Adani Group. The former company’s current target is to make it to just under 190Mt/yr by 2027. It said it had a capacity of 152Mt/yr in May 2024. It is ahead of Adani Group by this measure but there is still plenty of scope for surprises. Given the rivalry between the companies there is a regular stream of speculation about which of the smaller cement producers they might be about to buy at any given time. For example, in October 2023 HeidelbergCement India was rumoured to be courting offers from UltraTech Cement, Adani Group and JSW Cement. Last week, Adani Group was reportedly interested in buying either Saurashtra Cement, the cement business of Jaiprakash Associates, Vadraj Cement or… Penna Cement. Occasionally the rumours are true after all. UltraTech Cement remains in first place for now but the situation may change.

Germany: Heidelberg Materials has appointed Katharina Beumelburg as its Chief Sustainability & New Technologies Officer. She succeeds Nicola Kimm, who will leave the company on 31 August 2024. Beumelburg will take up her position on 1 October 2024.

Beumelburg joins Heidelberg Materials from SLB (formerly Schlumberger), where she has worked as the Chief Strategy and Sustainability Officer since May 2021. Previously, she spent over 15 years at Siemens, Siemens Energy, and Hydrogen Europe, focusing on business strategy and excellence as well as energy systems. She has studied Industrial Engineering and Mechanical Engineering and holds a PhD in Robotics and Automation from the University of Stuttgart.