Global Cement News

Norway: thyssenkrupp Polysius will supply the kiln system for SMA Mineral’s quicklime plant, designed to operate without CO₂ emissions using SaltX’s electric calcination technology. The pilot facility is scheduled for completion in 2027, and will produce 40,000t/yr of quicklime. The project has received €24m in funding from Norwegian state enterprise Enova.

thyssenkrupp Polysius CEO Christian Myland said “We are proud to contribute to this landmark project that sets a new standard for sustainable lime production. Our collaboration with SMA Mineral and SaltX Technology demonstrates how industrial partnerships can accelerate the transition to net-zero emissions. This project is a testament to our commitment to engineering solutions that drive decarbonisation.”

The partnership between SaltX Technology and thyssenkrupp Polysius follows the signing of a Letter of Intent in February 2025.

Brazil: Votorantim Cimentos announced a US$54.5m investment in the state of Mato Grosso, covering expansions and modernisation at its Cuiabá and Nobres plants. Construction will begin in 2025 and finish by late 2026, creating over 150 direct and indirect jobs in the state while retaining more than 700 existing positions.

At Nobres, a new cement mill will boost capacity by 60% from 0.75Mt/yr to 1.2Mt/yr, and the expansion will also add a new storage warehouse and logistics infrastructure. Votorantim Cimentos’ sustainable waste management arm, Verdera, will install a used tyre shredding facility at the Cuiabá site, supplying its kilns with co-processed fuel.

Global CEO Osvaldo Ayres Filho said the investments will “Increase our competitiveness and our production and storage capacity, and improve our efficiency to better serve our customers and the consumer market, while also reducing CO₂ emissions.”

The expansions are part of a comprehensive investment programme by the company, focused on modernisation, capacity growth, competitiveness and decarbonisation. Announced in early 2024, the plan includes US$909m in investments to be deployed by 2028.

India: JSW Cement has priced its US$409m initial public offering (IPO) between US$1.58 - US$1.67/share. The company will allocate US$91m to partly fund a new integrated cement facility in Nagaur, Rajasthan and US$59.2m for repayment or prepayment of existing borrowings, according to Mint news. The remaining funds will be used for general corporate expenditures.

Venezuela: The cement industry increased output by 14% year-on-year in the first half of 2025, attributed to ‘strategic alliances’ between the public and private sectors, plant modernisation and new infrastructure projects, according to Agencia Venezolana de Noticias.

Minister of Industry and National Production Alex Saab said “Each bag of cement produced is an additional step to productive development, the construction of houses, schools, hospitals and works that benefit the people.”

South Korea: Domestic cement sales dropped by 17% year-on-year to 18.9Mt in the first six months of 2025, their lowest level in this period since 1992, according to the Korea Cement Association. After peaking at 26Mt in 2023, sales fell by 7.16Mt (27.5%) in two years, driven by a prolonged recession in the construction industry and reduced social overhead capital spending.

A Korea Cement Association official said “The sense of crisis in the cement industry is reaching its worst. Although we have already entered crisis management, it will be difficult to achieve results unless highly effective measures to stimulate the construction economy are introduced. We expect domestic cement sales this year to fall significantly below 40Mt.”

Domestic cement companies such as Sampyo Cement, Ssangyong C&E, Hanil Cement, Asia Cement and Sungshin Cement are expected to see their businesses deteriorate further when results are released in mid-August 2025. Strengthened environmental regulations are also adding pressure to the sector.