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New blending plant for Réunion

28 July 2025

Réunion (France): Teralta Ciments Réunion, the leading cement manufacturer in Réunion and a subsidiary of France’s Audemard Group, has inaugurated the first cement blending plant in the French overseas territory Réunion, with technical support from Swiss-based consulting firm QUADRA Trading. Located in Le Port, the industrial unit has an annual production capacity of over 0.2Mt/yr.

The project is intended to supply the market in Réunion with cements that have a CO2 reduction of more than 65% while promoting the use of local materials. The first product manufactured by the plant is CEM II/B-V 32.5N CE NF cement, which has a 30% reduction in CO2 emissions compared to standard blends. Other cements to be produced at the site will use pozzolan and components from the circular economy including recycled concrete.

Published in Global Cement News
Tagged under
  • Asia
  • France
  • Réunion
  • blending
  • Teralta Ciments Réunion
  • GCW720

InterCement agrees to sell its 52% share of Loma Negra

28 July 2025

Argentina: An investment group presided over by Argentina-based businessman Marcelo Mindlin has moved one step closer to becoming the new owner of the cement company Loma Negra. The local group is negotiating the acquisition of Loma Negra shares that are currently in the hands of InterCement, the cement company of the Brazil-based holding company Camargo Corrêa. If the deal goes through, Mindlin will control 52% of Loma Negra’s shares, while the remaining shares are listed on the Buenos Aires and New York stock exchanges.

 

InterCement said in late July 2025 that it had reached an agreement in principle to negotiate the sale of the shares of Loma Negra, within the framework of a restructuring of its liabilities. The deadline for the completion of negotiations is 15 August 2025. Subsidiary Loma Negra is the leading cement producer in Argentina, with a market share of close to 45%. The company will celebrate its centenary in 2026.

Published in Global Cement News
Tagged under
  • Americas
  • Argentina
  • Brazil
  • Intercement
  • Loma Negra
  • Camargo Correa
  • Sale
  • Acquisition
  • GCW720

LafargeHolcim Bangladesh reports strong results in first half of 2025

28 July 2025

Bangladesh: LafargeHolcim Bangladesh has reported a strong financial performance in the second quarter of 2025 and first half of 2025. The company recorded a 4% year-on-year growth in revenue in the first half, supported by strong market dynamics and ‘sustained trust’ in its brands. Its consolidated profit after tax for the second quarter increased by 20%. However, profitability was impacted by rising energy costs and falling cement prices, prompting cost-efficiency measures and strategic pricing reviews. It also noted that a specialised cement product, Water Protect and Fair Face, recorded 28% growth. The company reported that its diversification drive continued to yield results, including co-processing over 21,000t of waste via Geocycle, which replaced 11% of fossil fuels.

Published in Global Cement News
Tagged under
  • Asia
  • Bangladesh
  • LafargeHolcim Bangladesh
  • Holcim
  • Results
  • GCW720

Government issues update on idle cement plant project in North Vietnam

28 July 2025

Vietnam: Local authorities have stated that a US$196m cement plant project in the northern Ninh Binh province has remained abandoned for 18 years. The 1.1Mt/yr Phu Son Cement Plant was launched in 2007 with plans to begin operations by 2011. Construction was halted in 2012 and never resumed, according to the Việt Nam News newspaper. The investor, Phu Son Cement JSC, chaired by a Czech national of Vietnamese origin, has not responded to government efforts since promising to restart work in 2017.

Authorities say that they have been unable to reclaim the 40-hectare site due to assets built on the land and the absence of a legal representative. Despite multiple attempts by provincial officials and ministries to resolve the matter, the project remains in limbo.

Published in Global Cement News
Tagged under
  • Asia
  • Vietnam
  • Project
  • Ninh Binh
  • GCW720

ACC reports 4% profit rise

25 July 2025

India: ACC, part of Adani Group, has reported a 4% year-on-year rise in consolidated net profit to US$43.3m in the first quarter of the 2026 fiscal year, aided by a 12% in sales volumes. It reported a sales volume of 11.5Mt, its highest ever total for the period. This helped revenue increase by 17% to US$703m. The company added that higher sales of premium products aided the revenue.

It expects 6 - 7% growth in demand for cement over the course of its 2026 financial years. This is anticipated due to a rise in demand for affordable housing, higher spending on infrastructure and commercial sectors. "Cement demand growth in the first quarter of FY2026 remained strong at 4% amid favourable macroeconomic situations and sustained demand from housing and infrastructure segments. The outlook for the second quarter of FY2026 continues to remain strong," said ACC in a statement.

Published in Global Cement News
Tagged under
  • India
  • Asia
  • ACC
  • Adani Group
  • Results
  • GCW720
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