Global Cement Newsletter
Issue: GCW749 / 04 March 2026European cement producers in 2025
Holcim published its financial results for 2025 this week. Most of the larger cement producers with operations in Europe have now released either preliminary or full results too. This makes it a good time to recap how these multinational companies all performed in 2025.
Graph 1: Sales revenue from selected cement producers in Europe. Source: Financial releases. HM – Heidelberg Materials.
Graph 2: Cement sales volumes from selected cement producers in Europe. Source: Financial releases.
The first point to note from Graph 1 is the reduction in Holcim’s sales revenue. However, the graph shows the restated figure for 2024 from the reduced business. Its sales were around €25bn before the American business Amrize was spun-off in mid-2025. All of the other companies here continue to have operations in North America to varying degrees. Cemex has its headquarters in Mexico and CRH moved its primary stock market listing to the US in 2023 (but still has its headquarters in Ireland).
Holcim’s sales were down on a like-for-like basis in 2025 mainly due to Europe. Here, even the sales figures for the adjusted sales figures such as in local currencies and organic growth also declined. This may be a problem given that about half of the group’s revenue comes from the region. Happily for Holcim though, its recurring earnings before interest and taxation (EBIT) rose in Europe. All the other regions showed sales revenue growth of some kind. The other point of interest is that the group’s Building Solutions product line delivered lower sales growth than the Building Materials line. The former is the group’s building envelope segment away from heavy building materials. In terms of merger and acquisition activity, the big deal for cement has been the agreement to buy Cementos Pacasmayo in Peru that was announced in December 2025.
CRH is now the biggest cement producer with operations in Europe based on overall group sales revenue. Of course, a hefty chunk of that comes from its businesses in North America. Its International Solutions division, covering operations outside of North America, reported sales revenue of €11.4bn in 2025. Cement divisions in North America and elsewhere both grew revenue and earnings on the back of acquisitions and price increases. The group’s largest acquisition in 2025 was of supplementary cementitious materials (SCMs) supplier Eco Material Technologies in the US.
Heidelberg Material’s (HM) early results indicate a modest rise in sales revenue and a higher increase in operating earnings in 2025. Small rises in revenue were reported in Europe and North America, alongside a decline in Asia - Pacific and sharp growth in Africa-Mediterranean-Western Asia. Earnings were stable in North America but grew modestly in Europe and markedly in Africa-Mediterranean-Western Asia. Naturally, given the investments it has made, the group was keen to highlight that its specific net CO₂ emissions fell by 3% to 512kg/t of cementitious material.
For Cemex, its Europe, Middle East, and Africa segment reported significant increases in sales revenue and earnings due to higher prices, volumes and cost cutting. The group’s other two larger geographic regions, Mexico and North America, didn’t perform as well. Recovery was reported in Mexico in the second half of 2025 though.
Of the other larger Europe-based cement producers, Buzzi improved net sales in Europe, outside of Italy. A fall in sales in the US was blamed on weak demand at the start of the year, particularly in the residential market. Vicat’s overall sales and earnings were up. It did best in Europe outside of France and in its Mediterranean region. Cementir’s revenue was down but its earnings were up. It attributed this to negative currency exchange effects particularly in Türkiye as sales volumes of cement were up. Growth was reported in Türkiye, Egypt, and Asia Pacific in contrast with decline in Northern Europe and Belgium.
In summary, Europe remained a mixed market for most of the companies covered above in 2025. Yet, with a slowdown reported in the US, Europe also delivered growing sales revenue and/or earnings for most of these businesses. Decline in Europe for heavy building materials may be overrated in 2025 based on these results at least.
Finally, some of these multinational companies have operations in the Middle East and all of them run energy-intensive operations. Holcim, for example, divested companies in Iraq and Jordan in 2024 but it retains other businesses in Iraq and the UAE. The war launched by Israel and the US upon Iran in late February 2026 is likely to have an economic impact upon the next set of financial results for many of these cement companies, even if the war ends swiftly.
Changes to Executive Committee at Holcim
Switzerland: Holcim has announced several changes to its Executive Committee.
Simon Kronenberg, currently Region Head Central and East Europe, has been appointed as Region Head of Latin America. Kronenberg joined Holcim in 2007. He previously worked as CEO of Switzerland, Italy, South Germany and Haut-Rhin. He succeeds Oliver Osswald in the post, who is leaving the company.
Xavier Guesnu, currently Country CEO France, has been appointed as Region Head Central and East Europe. He joined Holcim in 2010 and, previously worked as CEO of Holcim in Poland.
Dragan Maksimovic, currently Region Head West Europe, has been appointed as Group Head of Building Systems. Maksimovic joined Holcim in 2021 as CEO of Holcim UK.
Grant Earnshaw, currently Area Manager Middle East and Africa, has been appointed as Region Head West Europe. He joined Holcim in 1999. Earnshaw has held General Management and CEO roles in Europe, the Middle East and Africa.
Yang Min appointed as Chief Financial Officer at China Resources Cement
China: China Resources Cement has appointed Yang Min as its Chief Financial Officer (CFO). She succeeds Huang Hu in the role.
Yang Min previously worked as an executive director and the CFO of China Resources Medical and the CFO of China Resources Healthcare Group. Earlier in her career she held various finance jobs at China Resources Gas Group from 2009 to 2023. She also worked for Ernst & Young Huaming in the 2000s. Yang Min holds an undergraduate degree in management, majoring in accounting, and is a Certified Public Accountant of China.
Gürol Ozer appointed as General Manager of Çimentaş
Türkiye: Çimentaş has appointed Gürol Ozer as its General Manager. He will be responsible for the overall management of cement, ready-mixed concrete, aggregates and waste management operations at the subsidiary of Cementir Holding.
Ozer previously worked as the Technical Operations Director at Çimentaş from 2019. Before this he worked as the General Manager of CSG Mühendislik. Earlier in his career he was the General Manager of Afyon Cement and held various roles at Çimsa. He holds a master’s degree in electrical and electronics engineering from Çukurova University in Adana and an Executive Master’s of Business Administration qualification from IEDC - Bled School of Management.
Dangote Cement reports 2025 financial results
Nigeria: Dangote Cement has announced audited results for the full year ending December 2025. Its profit after tax was US$732m, up by 102% year-on-year and its sales rose by 20% year-on-year to US$3.12bn. The ‘record’ financial performance was reportedly driven by operational efficiency and strategic capacity expansion. Earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 43% to US$1.44bn.
Group production volumes fell by 1% to 27.5Mt, while Nigerian cement and clinker exports rose by 19% to 1.4Mt, including the despatch of 34 ships to Ghana and Cameroon. The company inaugurated a 3Mt/yr grinding plant in Côte d’Ivoire in 2025, increasing total capacity to 55Mt/yr.
Caribbean Cement Company posts 2025 financial results
Jamaica: Caribbean Cement Company has reported profit of US$37.9m for the year ending 31 December 2025, unchanged year-on-year despite the impact of Hurricane Melissa. The company posted record sales of US$202m, up by 13% from 2024, supported by a capacity expansion and stronger export volumes. The expansion commanded an investment of US$42m over three years and increased cement capacity by around 0.3Mt/yr to an estimated 1.3Mt/yr. The company said that it strengthened its ability to meet domestic demand, even in the face of the adverse impact of Hurricane Melissa. Earnings before taxation reached US$52.1m and operating earnings rose to US$50.7m.
“CCC is strategically positioned to support Jamaica’s rebuilding efforts following Hurricane Melissa, while continuing to advance the country’s broader development objectives. This export strategy is intended to optimise capacity utilisation, expand our regional footprint and generate foreign currency earnings for Jamaica.”
The company also cited kiln efficiency, reduced energy use and 1000 consecutive days without a lost-time safety incident as foundations for the year ahead.
CURA to pilot low-carbon cement with Aecon Group
Canada: Climate tech startup CURA is collaborating with Aecon Group to test, validate and pilot its low-carbon cement, which it claims can reduce emissions from production by as much as 85% compared to ordinary Portland cement. The electrochemical process removes CO₂ from limestone before kiln use. The company says that the cement is produced at cost parity or below the price of conventional cement with lower emissions.
CURA expects to produce 1.6t/yr of the product at its University of Calgary laboratory by the end of March 2026 and to scale the pilot to 100t/yr by the end of 2026. Aecon will conduct material validation and concrete failure testing and build a prototype, followed by a flagship project in 2027-2028. CURA is raising US$8m in seed rounds to fund the pilot and a 30,000t/yr demonstration plant targeted for 2028.
Cementos Argos ratings upgraded by Fitch
Colombia: Fitch Ratings upgraded Cementos Argos’ long-term national ratings on its ordinary bond and commercial paper issuance programmes of up to US$170bn and US$113bn to AAA(col) with a stable outlook. The upgrade reportedly reflects a robust capital structure, a strong business position in key markets and ample liquidity following receipt of funds from the sale of its US operations. The company reduced gross debt by US$250bn since December 2023.
“This rating recognises the strengthening of our financial structure and supports our long-term vision. We will remain focused on creating economic value for our shareholders, with disciplined capital allocation and an optimistic outlook for the future of the company,” said Juan Esteban Calle, president of Cementos Argos.
FEED phase launched for Lafarge France’s carbon capture project
France: The front end engineering design (FEED) phase has been launched for Lafarge France’s eCapt-Rhône du Teil project at its Le Teil white cement plant, following the signing of an agreement with Air Liquide, according to a social media post by the producer. During this stage, detailed technical studies, cost estimates and specifications will be completed for the planned CO₂ capture installation at the plant, which is scheduled to come online in 2029.
The facility is designed to capture 200,000t/yr of CO₂. The captured CO₂ will be transported by rail to the Roches-Roussillon platform in Isère, where it will be combined with renewable hydrogen and converted by Elyse Energy into 150,000t/yr of low-carbon e-methanol. This volume reportedly represents around 20% of French market demand.
Kim Jong-un calls for increased cement production during plant visit
North Korea: North Korean leader Kim Jong-un has called for ‘all-out’ efforts to boost cement production during a visit to the Sangwon Cement Complex in North Hwanghae Province on Monday 1 March 2026, according to state media. The visit followed the conclusion of the ninth congress of the Workers’ Party of Korea, which outlined policy goals for the next five years.
Jong-un said "The complex has since exceeded the peak-year level on an annual basis, helping us move forward step by step with greater confidence and opening up possibilities to successfully carry out huge projects. Let us make an all-out effort again for the good of our great country and advance forward vigorously.”
The plant has a production capacity of 2Mt/yr and has supplied cement for large-scale construction schemes in North Korea, including efforts to build 50,000 flats in Pyongyang. The inspection marked Kim’s first visit to an industrial site since the party congress, at which he announced that more construction projects would be carried out nationwide.
Kim Jong Un was reported by local press as giving instructions with a 'relaxed demeanour and expression' and smoking a cigarette.

Cement sales rise 1% in January 2026
Brazil: Cement sales were 5.30Mt in January 2026, up by 1% year-on-year and 8% higher than in December 2025, according to preliminary industry data from SNIC. Average daily sales reached 0.22Mt, representing a 3% increase compared with January 2025. Consumption was affected by heavy rainfall in the South and Southeast regions. The sector was supported by a strong labour market, with unemployment at 5% (the lowest level since 2012) and average income rising from US$651 to US$688. Construction confidence reached its highest level since March 2025, driven by infrastructure investment, record activity under the Minha Casa, Minha Vida housing programme and new financing rules.
However, the industry continues to face challenges, including the Selic interest rate at 15%, high household indebtedness and a labour shortage in construction. Despite these pressures, the outlook for 2026 remains ‘resilient’, supported by expectations of lower interest rates, moderating inflation and continued infrastructure and housing investment.
Paulo Camillo Penna, president of SNIC, said the sector had started the year with improved confidence but noted that high interest rates remain a constraint on mortgage lending and consumption.
“We started 2026 with the construction industry's confidence at its best point in the last 10 months. The resilient job market and rising incomes form a solid base, but we still face the challenge of interest rates at 15%, which penalise medium and high-end mortgage lending and household consumption. Our expectation rests on the start of the Selic interest rate cut cycle scheduled for March 2026 and the continuation of investments in infrastructure and the Minha Casa, Minha Vida program, which remain major drivers of cement consumption in the country. Inflation converging towards the target and a more stable exchange rate could also become important allies for the sector in the coming months," said Paulo Camillo Penna, president of SNIC.
Cement despatches in Pakistan rise by 13% in in February 2026
Pakistan: Cement despatches increased by 13% in February 2026, reaching 4.20Mt compared with 3.73Mt in February 2025, according to data released by the All Pakistan Cement Manufacturers Association. Local cement despatches during February 2026 were 3.47Mt compared to 3.20Mt in February 2025, reflecting an increase of 8% year-on-year. Exports rose by 38%, with volumes increasing from 0.53Mt to 0.73Mt. During the first eight months of the current financial year, total cement despatches reached 34.8Mt, up by 11% year-on-year.
Mexican design studio develops lower-emission bio-based cement alternative
Mexico: Mexico-based design studio MANUFACTURA has developed a bio-based construction material, Corncretl, which it says can reduce emissions by up to 70% compared with conventional Portland cement. The material replaces clinker-based cement with lime-based binders that harden at room temperature and require lower calcination temperatures during production. As a result, the process reduces energy use and greenhouse gas emissions. Corncretl combines limestone aggregates, dried corn residues and recycled nejayote, a calcium-rich byproduct of corn processing. The use of agricultural waste forms part of a circular material strategy aimed at lowering embodied carbon and reducing landfill volumes. The studio said the material maintains mechanical performance suitable for additive manufacturing and reported that it offers humidity regulation and self-healing properties typical of lime-based systems.
MANUFACTURA tested the material using a WASP Concrete HD Continuous Feeding System with a KUKA robotic arm to assess printability and controlled deposition. For its first 3D-printed prototype, MANUFACTURA sourced the waste through collaborations in Europe, collecting residual material in Berlin and then transporting it to Italy for processing. A full-scale 3D-printed prototype was later installed at the Shamballa open-air laboratory in northern Italy to evaluate structural feasibility and assess material behaviour under real-world conditions.
Dangote Cement signs US$1bn deal with Sinoma for 12 projects across Africa
Nigeria: Dangote Cement has signed a US$1bn agreement with China’s Sinoma Engineering to develop 12 projects across seven African countries, targeting a production capacity of 80Mt/yr by 2030.
The projects include a new integrated production line in Nigeria with a satellite grinding unit, new lines in Ethiopia, Zambia, Zimbabwe, Tanzania, Sierra Leone and Cameroon, as well as expansions at existing Nigerian plants in Itori, Apapa, Lekki, Port Harcourt and Onne.
Sinoma will oversee construction, brownfield expansions and modernisation initiatives aimed at improving production efficiency and strengthening regional distribution networks.
Air Liquide and Holcim sign agreement for carbon capture at Obourg plant
Belgium: Air Liquide and Holcim have signed an agreement to develop a carbon capture solution for Holcim’s near-zero Obourg cement plant. Under the agreement, Air Liquide will supply oxygen for Holcim’s oxyfuel-ready clinker production line and provide its Cryocap OXY technology to capture CO₂ emissions. The captured CO₂ will then be transported via pipeline to a CO₂ export hub, such as Antwerp@C, for subsequent shipment to permanent offshore storage in the North Sea.
The project aims to capture 1.1Mt/yr of CO₂ as part of Holcim’s GO4ZERO investment programme which targets carbon neutrality in Belgium by the end of the decade and supports the EU’s 2050 net zero objective.
The companies said the Final Investment Decision remains subject to further partnerships across the value chain and public sector support.
Breedon Cement submits planning application for Hope Works quarry extension
UK: Breedon Cement has applied to the Peak District National Park Authority to extend quarrying at its Hope Works site and extract 13Mt of limestone. The active quarry covers a site area of approximately 162 hectares, with the extraction areas currently covering approximately 70 hectares. If approved, it could reportedly secure more than 230 jobs. The proposal also includes a small solar farm, according to local press.
The company said that the plant supplied 16% of the UK’s cement in 2022 and warned that, without new reserves, operations could cease by the mid 2030s, risking the loss of 223 jobs and £25.5m in gross value added to the local economy. If approved, the extension would prolong quarrying by 7.5 years to February 2042.
While more than 80% of consultation respondents supported the site’s role in providing jobs, some raised concerns about heavy goods vehicle traffic. The company stated that traffic levels would not increase above usual levels as a result of the expansion.
Planning documents also outline a proposed shift to lower-carbon CEM II production by 2035 and a target of net zero by 2050, alongside plans to expand nearby wildlife habitats to offset the impact of the development.
The proposal is out for consultation until 30 March 2026, with a decision expected to be made by 9 April 2026.
24 released following arrests at La Cruz Azul cement plant in Hidalgo
Mexico: A judge has ordered the conditional suspension of proceedings for 24 of the 33 people arrested on 12 February 2026 during an operation carried out by the State of Mexico Attorney General’s Office at the La Cruz Azul cement plant in Hidalgo, according to Noticias Financieras news.
Those released are under strict conditions: they are prohibited from visiting any company premises, including the Cruz Azul plant in Hidalgo, sites in Lagunas, Oaxaca and Puebla, facilities in Aguascalientes and the company’s corporate offices in Mexico City. They must also complete three hours of community service per week for the Municipal Presidency of Tula, remain under supervision by the Precautionary Measures Unit and report to sign in every 15 days, and are prohibited from leaving the state of Hidalgo.
The conditional suspension is an alternative to trial requiring the defendants to meet set conditions and repair damage within two years for the criminal action to be extinguished. Failure to comply would result in the resumption of criminal proceedings. The ruling reportedly does not amount to an acquittal.
The arrests followed an operation to restore control of the company to the group headed by Víctor Velázquez amid an ongoing dispute over the company’s assets with the faction linked to Guillermo Álvarez. A confrontation between cooperative members and security forces during the operation resulted in the detention of 33 people.
CPCB issues notice to Kalaburagi Cement over emissions breaches
India: The Central Pollution Control Board (CPCB) has issued a notice to Kalaburagi Cement in Chatrasala village, after an inspection reportedly identified several deviations from environmental regulations.
The integrated plant has a capacity of 3.6Mt/yr of cement and 2.75Mt/yr of clinker. It also has a 30MW captive power plant and 8.4MW waste heat recovery system. The CPCB said that, although continuous emission monitoring systems (CEMS) had been installed in five stacks, monitoring equipment for particulate matter (PM), sulphur dioxide (SO₂) and nitrogen oxides (NOₓ) had not been installed in the 130t/hr capacity boiler stack.
Manual observations also found PM concentrations exceeding the prescribed limit of 30mg/m³ in three stacks, recording levels of 38.1mg/m³, 63.3mg/m³ and 357mg/m³ in the reverse air bag house, cement mill 1 and clinker cooler stacks, respectively.
The CPCB noted a ‘significant deviation’ between CEMS readings, which showed PM levels below 30mg/m³, and the manual monitoring results. The board has directed the plant to take corrective action.
Holcim reports 2025 results
Switzerland: Holcim has reported what it called ‘excellent’ financial results for 2025, highlighting double-digit growth in earnings before interest and tax (EBIT) and an ‘industry-leading’ margin of 18.3%.
Holcim’s full year sales were €17.2bn, a rise of 3.0% year-on-year compared to €16.7bn in 2024. Its recurring EBIT was €3.15bn, a 10.3% rise compared to €2.85bn in 2024. Its operating profit was €2.79bn, a 0.3% decline compared to €2.80bn in 2024. The group’s Building Materials business segment, which includes cement production, saw net sales of €12.7bn, a decline of 2.5% compared to €13.0bn in 2024. While earnings fell in most markets, lower spending led to improved margins. In Europe, net sales across to external customers fell by 2.8% all business lines, from €9.65bn in 2024 to €9.38bn in 2025. The company reported margin growth, which it said was driven by customer demand for Holcim’s sustainable offering, and an acceleration in decarbonisation and circular construction.
Latin America delivered double-digit sales in local currency terms in 2025, although this was not reflected in Euro terms, with a decline of 1.5% from €3.44bn in 2024 to €3.39bn in 2025. In Asia, the Middle East and Africa, net sales to external customers also fell, by 8.3%, from €4.33bn in 2024 to €3.97bn in 2025.
Miljan Gutovic, CEO, said “I sincerely thank all of Holcim’s over 45,000 employees for their outstanding work. We delivered strong profitable growth in 2025, with a double-digit recurring EBIT increase in local currency and an industry-leading margin of 18.3%. Margin expansion was driven by strong cost discipline, operational excellence and the scaling up of our sustainable offering to meet increased customer demand.”
Lafarge Africa reports ‘very strong’ 2025 results
Nigeria: Lafarge Africa, part of China’s Huaxin Cement, has posted a 35% year-on-year increase in sales for the 2025 financial year in what the company described as a ‘historic performance.’ It reported revenue of US$737m in 2025, an increase from US$568m in 2024.
The company’s profit after tax rose sharply by 30% from US$68.0m in 2024 to US$75.2m in 2025. The company attributed the robust performance to volume-led growth, enhanced plant stability, improved distribution efficiency, retail expansion and prudent financial management across its operations.
Lafarge Africa’s CEO Lolu Alade-Akinyemi, described the outcome as a validation of the company's strategic direction. Commenting on the fact that the company’s revenue had passed 1 trillion Nigeria Naira for the first time, he said “Our full-year 2025 results are a testament to the effectiveness of our strategy, disciplined execution and relentless focus on value creation. Reaching the ₦1Tn revenue threshold marks a historic turning point for our company.”
Looking ahead to 2026, the company projected a positive outlook, reaffirming its commitment to improving capacity utilisation, embedding sustainability across operations, and maintaining industry-leading health and safety standards.
ARM Cement to be wound up
Kenya: ARM Cement is moving to wind up its operations as administrators work to finalise liquidation proceedings, according to Capital Business. The company faces US$91m in outstanding debt and unresolved tax issues in Kenya, Tanzania, and Rwanda. Joint administrators Muniu Thoithi and George Weru said the closure will be managed carefully to settle outstanding liabilities, pay creditors and shut down its subsidiaries.
“In this regard, the liquidators will be engaging with the Kenya Revenue Authority (KRA) with a view to adjudicating upon and ultimately settling the dividends due in respect of these liabilities. We expect to resolve this matter by June 2026,” the administrators said in a report.
Most of ARM Cement’s tax matters in Kenya have been addressed, but the company continues to work with the KRA to confirm full compliance with insolvency laws. Outside of Kenya, remaining obligations involve the Tanzania Revenue Authority and the Rwanda Revenue Authority, linked to asset sales, including Kigali Cement in Rwanda.
Cemex agrees to buy Omega Products International
US: Mexico-based Cemex has announced it has reached an agreement to acquire all the assets of the US stucco manufacturer Omega Products International, with the aim of strengthening its position in its northern neighbour. The transaction amount was not disclosed. However, Cemex stated that Omega generates approximately US$23m in operating cash flow annually.
“This transaction aligns with our growth strategy in the US, as it allows us to expand in the stucco market through a capital-efficient platform, with strong strategic synergies that significantly complement our cement, aggregates, and additives facilities in the Western United States,” said Jaime Muguiro, CEO of Cemex, in a statement. “Omega’s market leadership and specialised portfolio will accelerate value creation and strengthen relationships with key players in the construction ecosystem.”
The company expects to close the transaction in the first quarter of 2026.
Attock Cement acquisition approved
Pakistan: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Attock Cement Pakistan by Fauji Cement Company and Kot Addu Power following a Phase-I review under the Competition Act of 2010.
The buyers filed a pre-merger application on 3 February 2026 to acquire a controlling stake in Attock Cement from Pharaon Investment Group under a scheme of arrangement dated 30 January 2026. Completion of the transaction will give Fauji Cement and Kot Addu Power joint control of the listed cement producer.
The competition watchdog said that, although the deal involves a horizontal overlap between Fauji Cement and Attock Cement, the combined entity's market share would remain below the statutory dominance threshold. The commission concluded that the transaction is unlikely to create or strengthen a dominant position or substantially lessen competition, and authorised the deal under Section 11 of the Competition Act.
Molins reports 2025 results
Spain: Molins recorded sales of €1.37bn in 2025, in line year-on-year, with comparable sales growth across all regions. Net profit was €185m, up by 1% year-on-year. It said that effective pricing management and the integration of new businesses in Portugal and Southeast Europe offset the negative impact of foreign exchange movements, particularly in Argentina and Mexico. Earnings before interest, taxation, depreciation and amortisation (EBITDA) reached €356m, in line with the previous year, while like-for-like sales rose by 8% and EBITDA by 10%. The company invested €170m during 2025, up by 74% year-on-year, with 40% allocated to sustainability, digitalisation and efficiency and 60% to growth initiatives.
CEO Marcos Cela said “2025 has once again been a year of solid results and the culmination of our commitment to growth across all businesses, aligned with the priorities of our strategic plan. These results reflect the dedication and execution capabilities of our teams. During the year, we completed acquisitions such as Concremat and Baupartner, advanced the new industrialised construction plant in central Spain, strengthened our construction solutions facility of Quer in Spain, and expanded our urban landscape presence with a new plant in the United States.”
Molins updated its decarbonisation strategy, targeting a 20% reduction in scope 1 and 2 emissions per tonne of cementitious product by 2030 compared to 2023, and has submitted the targets to the Science Based Targets initiative for validation.
Holcim UK advances construction of Tilbury Cement Works
UK: Holcim UK is advancing construction of its Tilbury Cement Works, targeting completion of steelwork and mechanical equipment installation for a new vertical roller mill in spring 2026. Electrical installation testing and commissioning of the full grinding system are planned for completion later in 2026, with initial operations starting by the end of the year.
The vertical roller mill will grind granulated blast furnace slag and recycled concrete fines to produce low-carbon cementitious products. The facility will operate 24/7 to serve customers across the south of England from six loading heads and five weighbridges. Other investments at the facility include a ship-to-shore conveyor, a 50,000t raw material storage hall and a 30,000t cement dome silo. Five steel silos will provide a further 6500t of additional storage.
Loesche signs exclusive partnership with Metso Corporation
Germany: Loesche signed an exclusive partnership with Metso Corporation to introduce the Metso Loesche vertical roller mill dry grinding technology for mineral processing applications. The collaboration combines Loesche’s vertical roller mill technology with Metso’s mineral processing solutions and global service capabilities.
Global head of mining applications at Loesche Stefan Baaken said “With Metso at our side, we are excellently positioned to offer significant added value to the mining industry and actively shape the transition to more resource-efficient processes. Our VRM technology has a proven track record, with more than 2400 references in the cement and other industries worldwide. We are delighted to now be able to use this proven technology in mineral processing, where it offers considerable advantages.”
Metso said that the new technology provides a steeper, more uniform particle size distribution and reduced oxidation of sulphide mineral particles to improve downstream processing performance.
USGS publishes data on cement in October 2025
US: Total shipments of Portland and blended cement in the US and Puerto Rico in October 2025 were an estimated 10.3Mt, a 3% year-on-year decrease from October 2024. Shipments for the year through October 2025 totalled an estimated 86.7Mt, a 2.1% decrease from those for the same period in 2024. Texas, Missouri, California, Florida and Michigan accounted for 39% of cement produced in October 2025. Texas, California, Florida, Ohio and Illinois received 38% of shipments in October 2025.
Clinker production, excluding Puerto Rico, was an estimated 6.6Mt in October 2025, a 1.5% decrease year-on-year. Production for the year through October was an estimated 56.7Mt, a 4.2% decrease from the previous corresponding period. The leading clinker-producing states matched the leading cement-producing states with the exception of Michigan, which is replaced with Alabama. October 2025 imports of cement and clinker totalled 2.34 Mt, a 38% year-on-year increase. Imports for the year through October were 21.6 Mt, a 1% increase from those for the same period in 2024.
Colombia releases cement statistics for December 2025
Colombia: Colombia’s National Department of Statistics (DANE) reported that production of grey cement in December 2025 was 1.18Mt, representing a 3.1% year-on-year increase from December 2024. 1.05Mt of cement was shipped domestically, representing a 5.1% year-on-year increase.
From January 2025 to December 2025, grey cement production was 13.9Mt, representing a 3% year-on-year increase. Domestic shipments were 12.7Mt, which is a 5% increase compared to the previous corresponding period.


