Global Cement News

Kenya: Kalahari Cement will spend US$5.57m to acquire a 29% stake in East African Portland Cement (EAPC) from Associated International Cement and Cementia Holding, making it one of the largest shareholders. Kalahari will purchase a combined total of 26.3 million shares from the two parties. The deal, priced at US$0.21/share, is subject to several regulatory approvals.

Kalahari is a Kenyan-incorporated investment vehicle, backed by Pacific Cement (90%) and Comercio Et Consiel (10%). It currently has no direct stake in EAPC but is affiliated with Bamburi Cement, which owns 12.5%. EAPC operates an integrated cement plant near Nairobi.

Pakistan: Cement despatches rose by 30% year-on-year to 3.99Mt in July 2025 from 3.07Mt in July 2024, according to data from the All Pakistan Cement Manufacturers Association (APCMA). Local sales grew by 18% to 2.98Mt during the period, while exports increased significantly, by 84%, to 1.01Mt from 0.54Mt previously.

An APCMA spokesperson said “The new fiscal year started on a positive note in spite of disturbing weather conditions in most parts of the country.” The APCMA expressed hope for continued momentum for the rest of 2025, supported by improved macroeconomic indicators.

North Macedonia: Titan subsidiary Cementarnica Usje recorded a 22% year-on-year drop in net profit to €12.3m in the first half of 2025, according to financial statements released. The company said that its operating revenue fell by 9% to €47m in the period.

Canada/US: Heidelberg Materials North America has signed a binding purchase agreement to acquire construction materials company Burnco Rock Products’ one rail-served cement terminal and six aggregates sites in Edmonton, Alberta. Chair of the managing board Dominik von Achten said “With our latest acquisition, we are significantly expanding our aggregates business in an attractive market as we continue on our ambitious growth path in North America.”

Chief executive officer of Heidelberg Materials North America Chris Ward said “We look forward to welcoming 200 Burnco employees and their valued customers to Heidelberg Materials.”

The transaction is subject to regulatory approval and is expected to close by the end of 2025.

Spain: FCC recorded net attributable profit of €80.7m in the first half of 2025, 71% lower year-on-year than the €279m for the same period of 2024. The group explained that the reduction was due to the financial spin-off of its cement and real estate divisions (now Inmocemento) and unfavourable exchange rate fluctuations. Between January and June 2025, FCC's consolidated net revenue amounted to €4.56bn, a 7.6% increase compared to the same period in 2024.