September 2025

Belgium: Cembureau, the European Cement Association, has called on the European Union’s (EU) Green Deal to incentivise investment in low-carbon technologies, provide long-term legal certainty and foster the industry’s global competitiveness. It said that the new proposal to tackle climate change showed ‘great promise’ and ‘ambitious vision’ but that this needed to be converted into action to support a successful industrial transformation.

The association is concerned about a new carbon border adjustment mechanism. In its view, “the replacement of the existing carbon leakage measures by an untested mechanism would create considerable uncertainty and risks.” Instead it called on the EU to look at a design that complements the existing carbon leakage measures and is fair for third country importers and EU producers.

Aspects of the European Green Deal that the association praised included the recognition that the cement industry is ‘indispensible’ to the European economy. It also liked the European Commission’s (EC) emphasis on the circular economy that fits with work the sector is doing already from alternative fuels usage to recycling concrete.

"The European Green Deal is our new growth strategy – for a growth that gives back more than it takes away. It shows how to transform our way of living and working, of producing and consuming so that we live healthier and make our businesses innovative. We can all be involved in the transition and we can all benefit from the opportunities,” said EC president Ursula von der Leyen in relation to the new policy proposal.

The EC published its recommendations on how to help energy-intensive industries meet the EU’s 2050 climate target in late November 2019. Its key suggestions were to create markets for climate-neutral and circular products, develop large-scale pilot projects on clean technologies and switch to alternative climate-neutral energy and feedstock sources. It added that the pilot projects should be supported by EU funds and given easier access to private financing. These recommendations will be presented to the EU member states, the EU Competitiveness Council and the European Parliament in early 2020.

UAE: India-based JSW Cement has applied to borrow between US$50m and US$55m from two UAE-based banks to continue development on its planned 1Mt/yr integrated Fujairah plant, the capacity of which it plans to double to 2Mt/yr within a year of its scheduled January 2020 opening. Arabian Business has reported that the loan will bring the project’s total investment to US$110m with a 30:70 equity/debt ratio. The government has granted JSW Cement a 35-year quarry lease and a licence for the extraction of up to 6Mt/yr of limestone for use at the plant, which will be served by a Terex MPS 1200t/hr crushing plant.
550 local people directly or indirectly employed in cement production at Fujairah.

Germany: Four of Europe’s leading cement producers have partnered to found and operate a 100% carbon capture and storage (CCS) plant at Schwenk Zement’s 1.0Mt/yr Mergelstetten plant in southern Germany. HeidelbergCement has announced that the catch4climate project will enter operation in 2020.

UAE: A&K International Investment has divested itself of 29% of total shares from its stake in RAK Cement to an undisclosed buyer. RAK Cement’s profit fell by 79% year-on-year to US$0.39m in the first half of 2019 from US$1.88m. Its intended purchase of an integrated cement plant and quarry in the UAE was abandoned in September 2019.

Mexico: Cemex Ventures has partnered with BCG and Tracxn to launch a list of 2019’s global 50 ‘most promising’ construction start-ups. Assessment categories were technical innovation, project management and sustainability. Companies like the UK’s Cloud Cycle, a concrete management platform provider, and the US’s Concrete Sensors, which provides remote concrete strength, temperature and relative humility measurement solutions, typify the promising developments in how the construction industry uses its cement.

In case you’ve missed it there’s been a boom in cement demand in China during the current quarter. Henan province saw a run on cement prices in November 2019 that the local press described as ‘crazy.’ Some companies were issuing price adjustments twice a day, according to the China Cement Association. The article on the CCA’s website also includes a video showing dozens of cement trucks queuing at a mill with the caption ‘all the plants are like this, don’t ask the price any more.’

The CCA’s blamed the situation in Henan on pollution controls on production and a rebound in cement demand. Weather-based pollution controls enacted in late October 2019 shut-down or limited production at 66 of the province’s 72 clinker production lines. Builders were then forced to source cement from neighbouring Shanxi, Hebei and Shaanxi provinces. At the same time demand for cement from real estate and infrastructure sectors picked up in the fourth quarter of 2019. Following advice from the local cement manufacturers’ association, the provincial government relaxed the rules on peak shifting that normally run from November to February in a bid to control the situation. Cement prices in Henan hit a high in mid-to-late November 2019 and have since subsided somewhat.

Nationally, Chinese cement prices hit a high in late November 2019 beating the highest level in 2018 and also setting the highest price since 2011. The key regions driving the increase have been in central and south China, including Guangxi, Guangdong and Henan. One more thing to note here is that peak shifting or seasonal shutdown of production capacity has different dates in different provinces. So, potentially, the situation could repeat itself if unexpected demand continues and provincial governments fail to monitor the situation.

Recently a couple of economic indicators in China have suggested a recovery in infrastructure spending in recent months, supporting increased cement demand. Data from Wind quoted by the Financial Times newspaper suggests that the cement price rose by 15% since September 2019 in large cities. Reinforced steel (rebar) and aggregates prices have increased similarly. At the same time the South China Post newspaper has reported a growth in the Purchasing Managers’ Index (PMI), an indicator of manufacturing activity that could also point to renewed infrastructure spending. Central government is also reported to be taking measures to support provincial infrastructure development.

If true then this may be creating some pretty direct lessons in economic interventionism. The Chinese government appears to be stimulating demand for cement via infrastructure growth while restricting production at the same time. Cement prices have reacted in a ‘crazy’ fashion. The real tension here is between two conflicting desires: protecting the economy and protecting the environment. The state planners may be grappling with this one for a while.

Argentina: Holcim Argentina has appointed Christian Dedeu as its new chief executive officer (CEO) from January 2020. He is the first Argentine national to hold the position, according to the Mercado magazine. Dedeu graduated in economics from the Universidad del Salvador and he holds a MBA from the Universidad Austral (IAE) in Buenos Aires. He worked for ExxonMobil for eight years before joining Holcim in 2007. At LafargeHolcim he has worked in Argentina and Costa Rica in a variety of commercial, marketing and retail roles. He has been the commercial director for Argentina since January 2019.

Germany: Martin Stillger has been appointed as the chairman of the executive board of ThyssenKrupp Materials Services. This follows the appointment of Klaus Keysberg, who has moved to the executive board of ThyssenKrupp where he is now responsible for the businesses of Steel Europe and Materials Services.

Stillger has held various leadership and management positions at ThyssenKrupp Materials Services since 2008, most recently as chief executive officer (CEO) of ThyssenKrupp Schulte and the Western Europe and Technical Services operating units. Prior to joining ThyssenKrupp, the qualified mechanical engineer spent 17 years with Barmag, including five years as Chief Sales Officer and five as CEO. He will be succeeded as CEO of ThyssenKrupp Schulte and the Western Europe operating unit by Detlef Schotten, currently CEO of the Eastern Europe and Asia/Pacific operating unit, in January 2020.

In addition, Ilse Henne has also been appointed as Chief Transformation Officer (CTO) with immediate effect to drive transformation and growth. Previously she became Chief Operating Officer (COO) in January 2019 and this role will no longer be filled. The finance and human resources directorates on the board of ThyssenKrupp Materials Services will remain unchanged. Daniel Wodera will continue as chief financial officer (CFO) and Markus Bistram as chief human resources officer (CHRO).

Saudi Arabia: In a report on 17 Saudi cement companies including itself, Yamama Cement recorded a year-on-year increase of 24% in sales volumes to 4.27Mt in November 2019 from 3.45Mt the previous November. The volume produced was 4.30Mt, up by 22% from 3.54Mt in November 2018. Mubasher has reported that the country has 1.22Mt of cement in inventory, 3.8% more than the 1.18Mt it held at the end of November 2018. Southern Province Cement Company (SPCC) led the month’s sales, with 0.61Mt.

Venezuela: Venezuelan Chamber of Construction (CVC) president Mauricio Brin has estimated a capacity utilisation of 12.5% - corresponding to a production of 1.5Mt of cement from an installed capacity of 12Mt/yr. Noticias Financieras has reported that, according to Brin, production, which was hampered by power shortages, was sufficient to meet the construction sector’s demand. “Public construction has stalled and private investment is restricted to limited office developments in state capitals,” said Brin. He estimated a contraction of 95% year-on-year in construction compared to 2018.