Global Cement News

Philippines: The Department of Trade and Industry (DTI) of the Philippines government has welcomed Thailand-based Shera’s upcoming US$50.4m Mabalacat fibre cement board plant in Pampanga. The DTI expects the plant to help to reduce the Philippines' reliance on imported fibre cement boards from 100%. The Manila Bulletin newspaper has reported that the plant, scheduled for commissioning in early 2025, is also expected to create 300 new jobs.

The Philippines’ trade secretary Cristina Roque said "This investment aligns perfectly with our strategic goals of becoming a global hub for manufacturing. By leveraging state-of-the-art technologies such as AI and Internet of Things, Shera is setting a new standard for innovation in the Philippines.”

Türkiye: Türkiye exported cement worth US$377m in September 2024, 1.4% lower in value than in September 2023, according to Türkiye's Ministry of Trade. The total value of its exports between 1 October 2023 and 30 September 2024 came to US$4.2bn.

The value of cement products exported from Türkiye to Azerbaijan specifically amounted to US$39.6m during the first nine months of 2024, representing a 7.7% increase year-on-year. In September 2024 the value of cement exported was US$5.1m, a year-on-year rise of 8.8%.

Pakistan: Pakistan Railways (PR) is planning the construction of a 105km railway line that will link the Thar Coal mines with a Port at Qasim. The project is being financed by the Sindh state and national governments and will be completed by October 2025.

An official from the Ministry of Railways said that the line would bolster the nation's bulk transportation capabilities, aligning with broader economic growth objectives and facilitating coal transportation across the country, supporting key industries like cement production. After the completion of the project, the rail network is expected to have the capacity to transport 10Mt/yr of coal, shifting Pakistan's reliance from imported to domestic coal sources.

Jamaica: Caribbean Cement Company Limited (CCCL) says it continues to focus on improving its cement inventories and deliveries to the local market, amid disruption in September and early October 2024.

The company stated that further measures have been implemented to enhance inventory deliveries to its island-wide depots. It stated that it was currently operating at full production capacity and had successfully addressed various operational challenges, including those caused by adverse weather conditions relating to Hurricane Milton, which recently affected the region.

“Our valued customers and the public can expect further improvements in cement delivery over the coming week,” said the company. “CCCL remains committed to better serving its customers and enhancing services to ensure a reliable local supply of products.” The company added that it sincerely appreciated the ‘patience and understanding’ of all of its customers.

Oman: Oman Cement has reported a net profit after tax of US$23.1m for the first nine months of 2024. This represented a 20.2% rise compared to the US$19.2m that the company made in the first nine months of 2023. Oman Cement’s revenue for the first nine months of 2024 was US$136.4m, a 2.9% fall compared to the US$140.5m it recorded in the same period of 2023.