Brazil: Votorantim Cimentos reported sales of US$1.38bn in the second quarter of 2025, up by 5% year-on-year. Global cement sales reached 9.3Mt, up by 3% year-on-year. Consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 5% year-on-year to US$331m. Net profit grew by 250% to US$331m, supported by improved operations, tax gains and the divestment of Moroccan assets.
In Brazil, sales rose by 8% year-on-year to US$643m, while EBITDA fell by 2% to US$102m compared to the previous corresponding period due to higher variable costs. In North America, sales grew by 3% year-on-year to US$441m, with EBITDA up by 10% to US$134m, aided by acquisitions. In Europe and Asia, sales rose by 3% year-on-year to US$220m, while EBITDA increased by 32% to US$73m on reduced variable costs. In Latin America, sales rose by 20% year-on-year to US$52m and EBITDA by 92% to US$11m.
Global CEO Osvaldo Ayres said “We ended the second quarter with solid results, supported by our business diversification and portfolio balance between developed and emerging markets. In line with our strategic mandate, we continued to make investments in competitiveness, decarbonisation and new businesses, despite an environment that was volatile and required a cautious approach.”
Global chief financial officer Antonio Pelicano said “In this second quarter, we announced the completion of the sale of our Moroccan assets, which, combined with our previously announced divestment in Tunisia, reinforced our strategy of geographic diversification and capital allocation. We continue to have a robust cash position to support the execution of our strategy.”
Cemros proposes cap on Belarusian cement imports to Russia
Russia: Cemros has proposed limiting Belarusian cement imports to 1.5Mt/yr, citing rising import volumes from Belarus, Iran and Kazakhstan, despite a stagnant market. The company said current imports are equal to the annual output of 2-3 cement plants, while underutilised Russian producers are reducing working hours and halting production.
The Cemros press service said “In the short term, a fair solution would be to fix cement import volumes at the levels seen before the introduction of preferential mortgages, namely a ceiling of 1.5Mt/yr of cement products.”
This comes after Cemros announcing on 8 August 2025 the implementation of a four-day working week from 1 October 2025, due to falling demand and increasing imports. On the same day, industry association Soyuzcement proposed introducing five-year anti-dumping measures, noting Belarus accounts for 69% of imports, Iran 20% and Kazakhstan 9%.
Cemros forecasts that 2025 cement consumption could fall by 10–15% year-on-year in 2025 to 57–60.3Mt. In January–June 2025, Russia produced 27.2Mt of cement and consumed 28.4Mt, including 1.83Mt of imports. Soyuzcement predicts that imports could reach up to 5Mt/yr in the medium term, up from 3.74Mt in 2024.
OYAK Cement records US$88m profit in first half of 2025
Türkiye: OYAK Cement reported sales of US$574m in the first half of 2025, with earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$140m and a net profit of US$88m.
Vice chair of the board and CIMPOR global chief financial officer Eralp Tunçsoy said “As of the first half of 2025, we have realised an investment expenditure of US$69m. With our investments, we are strengthening our leading position in the cement sector. We plan to reap the rewards of the high-value investments we have recently made in energy efficiency and sustainability in the coming years.”
Tunçsoy said “Despite the ongoing uncertainties in global markets, we are determinedly continuing our efforts to increase our footprint in the global cement market. We are present in all markets outside of our Turkish operations with our CIMPOR brand and are working to open new export channels.”
Fauji Cement posts financial results
Pakistan: Fauji Cement posted a record net profit of US$46.8m for the 2025 financial year, up by 62% from US$28.8m in 2024. Annual revenues reached US$314m, an 11% year-on-year increase, supported by a 6% rise in despatch volumes. For the fourth quarter of the 2025 financial year, the company reported earnings of US$17.3m, reflecting a 232% year-on-year rise and an 83% quarter-on-quarter increase.
Jamaica: Caribbean Cement produced a record 93,450t of clinker and 109,682t of cement in July 2025, one month after completing a US$41m plant expansion and efficiency upgrades, according to the Jamaican Gleaner newspaper. The figures surpassed previous records of 89,600t and 103,869t respectively, a combined rise of over 9600t.
Managing director Jorge Martinez said “This is an encouraging achievement for Caribbean Cement and for Jamaica. This increase in clinker and cement production clearly indicates that our investment strategy is working. We are now in a stronger position to meet local demand by reducing our reliance on imports. At the same time, we are better positioned to explore export opportunities.”
Afghanistan: The Ministry of Mines and Petroleum announced the start of work on five cement plants in Kandahar, Herat, Parwan, Jawzjan and Logar with a total investment of US$750m, according to Ariana News. Some of these facilities are expected to start production later in 2025 or early 2026. Once operational, these plants will enable the country to produce 15,000t/day of cement, raising national output to 5.5Mt/yr and potentially allowing for export to nearby countries. The news outlet reported that currently 90% of the cement available domestically is imported.
Saudi cement sales up by 21% in the second quarter of 2025
Saudi Arabia: Cement sales by the country’s 17 producers rose by 21% year-on-year to 13.1Mt in the second quarter of 2025, according to Al Yamama Cement. Local demand grew by 23% and accounted for 97% of total despatches, while exports fell by 16% to account for 3% of sales.
Al Yamama Cement led the market with 1.93Mt of local sales, followed by Saudi Cement with 1.36Mt, Qassim Cement with 1.14Mt and Yanbu Cement with 1.00Mt. Saudi Cement topped exports with 376,000t sold, ahead of Najran Cement with 50,000t and Eastern Province Cement at 5000t. Cement expert and CEO at consultancy firm A³&Co Amr Nader said “East Africa and Yemen have seen rising local production, such as capacity expansions in Kenya and the reactivation of plants in Ethiopia, alongside aggressive pricing from Turkiye and Iran.”
Clinker production grew by 13% year-on-year to 14.8Mt, with Saudi Cement producing 2.15Mt. Clinker inventories rose by 3% from 2024 to 134Mt by the end of June 2025, led by Southern Province Cement with 20.2Mt. Clinker exports increased by 39% year-on-year to 1.63Mt. Key markets included Bangladesh, Kenya, Benin, Ghana and Yemen.
India: Star Cement reported a standalone net profit of US$2.76m in the first quarter of the 2026 financial year from April - June 2025, compared to a net loss of US$1.50m in the same period in 2024. Sales rose by 13% to US$62.15m from US$54.81m. Operating profit rose by 401% to US$11.44m from US$2.28m previously.
Mexico: Moctezuma inaugurated a US$12m alternative fuels storage system at its Tepetzingo cement plant in Morelos, after two years of engineering, planning and execution. The facility will process over 150,000t/yr of waste, including end-of-life tyres, municipal solid waste and non-recyclable materials, which will replace fossil fuels in cement production, with a goal of 30% substitution by 2030. The company said that the benefits of the project include saving thousands of tonnes of waste from landfill and mitigating methane emissions.
The producer, the Morelos government and the Ministry of Sustainable Development are also developing a circular economy centre in Jiutepec with an additional investment of US$1.6m. The facility will collect, shred and convert up to 3000t/month of tyres into alternative fuels.
First freight train delivers cement to Kashmir
India: The first freight train has arrived in Kashmir carrying 1400t of cement from Rupnagar, Punjab, according to the Times of India newspaper. The 21-wagon train covered 600km in under 18 hours, hauled by an electric WAG-9 locomotive. Northern Railways said the arrival demonstrates the capability of the Chenab and Anji bridges and will enable faster bulk movement of supplies to the region. Officials said the service will improve supply chains, decrease transport costs and boost industrial activity to support infrastructure projects.