Greece: Holcim has broken ground at the Olympus project at its Milaki plant, which will produce 2Mt/yr of ‘near-zero-CO2’ cement from 2029. The producer will invest €400m in the development, and it has secured €125m from the EU Innovation Fund. The plant will combine OxyCalciner and Cryocap FG technologies for carbon capture. Holcim said the project would create over 1000 jobs for the local area.
Holcim CEO Miljan Gutovic said “The Olympus project in Greece is one of our seven large-scale, EU-supported carbon capture, utilisation and storage projects that are setting the Clean Industrial Deal in motion. Together, these will enable Holcim to offer over 8Mt/yr of near-zero cement across Europe by 2030.”
Oyak Cement to establish slag grinding facility
Türkiye: Oyak Cement will convert Mill 3 at its Darıca integrated cement plant to a slag grinding unit, according to local press reports.
The company has submitted the project to the government and the environmental impact assessment process has reportedly begun. The US$252,000 investment will add 14 jobs. The modified facility will grind 1200t/day (360,000t/yr) of slag, along with 18,000t of limestone in its other mills.
India: GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.
Türkiye: Cementir Holding subsidiaries Çimentaş and Alfacem have entered a binding agreement to sell 100% of Kars Çimento to Arkoz Madencilik. Kars owns a 0.6Mt/yr integrated cement plant in northeastern Türkiye. The transaction is valued at €51m and is expected to complete by the end of 2025, subject to regulatory approvals. The company currently employs approximately 90 people.
Cementir Holding chair and CEO Francesco Caltagirone said “This divestment is part of our commitment to enhancing our operational efficiency and strengthening our competitive positioning by focusing on high-growth regions.”
UAE: Emsteel has signed a strategic partnership with Finnish company Magsort to produce decarbonised cement using steel slag. The agreement follows an industrial-scale pilot at its Al Ain plant that used 10,000t of steel slag to produce low-carbon cement. To meet growing local demand, Emsteel will build an integrated line at the Al Ain facility to process steel residue from its Abu Dhabi steel plant.
Brazil: Votorantim Cimentos has received and begun installing a new cement mill at its Salto de Pirapora plant near São Paulo as part of its US$878m national expansion programme.
The 210t mill took six months to arrive from China via ship, and was then transported by a truck convoy from the Port of Santos to the plant. The mill will increase the plant’s capacity by 1Mt/yr. The unit is part of the Salto-Santa Helena complex, which will see its capacity grow by 20% when the expansion completes in the second half of 2025. Construction began in the first half of 2024.
General manager Rafael Frederico said “We are celebrating a new phase in the expansion project of the Salto de Pirapora plant with the arrival of the mill and all the equipment for assembling the new mill. The operation to transport the equipment from China to our unit was complex and executed with great operational excellence by our multidisciplinary teams and partners.”
Monarch Cement completes solar power project
US: Monarch Cement and Evergy Energy Solutions have celebrated the completion of a 39-hectare solar array, with a capacity of 20MW, according to The Chanute Tribune. The facility was inaugurated with a ribbon cutting ceremony attended by representatives from both companies. It will supply up to 33% of Monarch’s Humboldt cement plant’s energy needs. Monarch Cement president Kent Webber said the project took three years to complete.
Evergy also planted native pollinator-friendly grasses and plants to boost underground biomass, improve water infiltration and offer the potential to capture CO₂. The project reduces water demand compared to conventional power generation.
Cement shortages and price increases in Myanmar
Myanmar: Cement prices have more than doubled in Mandalay, Naypyitaw and Sagaing following the earthquake in March 2025, delaying reconstruction efforts, according to The Irrawaddy newspaper. The regime reportedly promised to subsidise cement prices for reconstruction work, but this has only happened in Naypyitaw. In Sagaing city, most building supply shops were damaged by the earthquake and remain closed, leading to long queues at businesses that are still operating.
The Indian government recently donated 4500 bags of cement for reconstruction efforts, but residents say this will mostly be used in Naypyitaw. A building sector source said “The construction industry is also suffering from labour shortages. We are not doing any building work, just demolitions. We have to buy any brand of product, including domestically produced cement. Even the big companies are rationing cement sales.”
Cement prices were reportedly increasing before the earthquake due to a decline in production. Only six of the country’s nine cement plants are now operating, producing around 340,000 bags per day. In April 2025, officials inspected over 300 building suppliers and prosecuted more than 60 for overcharging.
Morocco: Cement sales rose by 10% year-on-year to 4.5Mt from January to April 2025, according to the Finance Ministry's Department of Financial Studies and Forecasts (DEPF).
In April 2025, sales jumped by 32% year-on-year, driven by good performance in all delivery segments.
Kenya: The Institution of Engineers of Kenya (IEK) has called for urgent measures to tackle the rising presence of substandard cement in the market, amid a reported increase in building collapses, according to The Eastleigh Voice newspaper. The institution has called for audits of manufacturers, enforcement of verification and random sampling from hardware stores and distribution centres.
In a statement, IEK said bags labelled as 50kg were often lighter, some weighing as little as 45kg. Its members had recorded compressive strength reductions of up to 25% in concrete made with some cement brands on the market, even those bearing the Kenya Bureau of Standards (KEBS) mark of quality.