India: Adani Group subsidiary Ambuja Cement reported a consolidated net profit of US$17.7m for the second quarter of the 2027 financial year ending 30 September 2026, down by 35% from the previous corresponding period and 90% year-on-year. Total expenses increased by 12% due to higher fuel costs, while revenue from operations rose by 10% to US$644m, according to the company.

The company attributed the decline in profits to increased fuel and logistics costs, driven by higher petcoke and coal prices, as well as increased diesel and packaging costs. It reported quarterly cement sales volumes of 16.5Mt, falling from 16.6Mt in the previous corresponding period.

Philippines: The Cement Manufacturers Association of the Philippines (Cemap) expects cement demand to finish ‘flat’ in 2026, as construction activity across public and private projects remains ‘sluggish,’ according to local press. The president of Cemap, Reiner Dizon, said that cement demand from January to September 2026 was down 2-3% from the same period in 2025. However, the association hopes that there will be an increase in construction activity in the fourth quarter of 2026 to match last year’s figure of 34Mt. Dizon expects cement imports to decline by around 30% to 4Mt, largely due to the imposition of safeguard duties of US$5.48/t on shipments from China and Indonesia. The country currently has a production capacity of 52Mt/yr, compared with demand of 34Mt/yr.

Pakistan: Lucky Cement has announced a brownfield expansion of 3.2Mt/yr at its Karachi plant, with commercial production targeted for December 2027. This will take the company’s total cement production capacity in Pakistan to 18.8Mt/yr. The expansion and related renewable energy projects are expected to involve capital expenditure of at least US$180m. Lucky Cement management said in an analyst briefing on 29 October 2026 that the company would prioritise domestic demand before directing production towards export markets. It also said that no capacity expansion was planned in the northern region of Pakistan for ‘the foreseeable future,’ citing capacity utilisation of around 50% at its Pezu plant. The new production line will reportedly combine Chinese and European technology, with ‘most components’ to be sourced from China and ‘specialised equipment’ based on European technology.

Alongside the capacity expansion, Lucky Cement plans to add 22.5MW of wind power capacity at the Karachi plant. Total wind power capacity will therefore reach 51.3MW. Average coal consumption stands at around 135kg per tonne of cement at both of Lucky Cement’s integrated plants.

France: In its third quarter financial results, Holcim has announced the acquisition of Cem'In'Eu Group. No value for the transaction has been disclosed.

Cem'In'Eu's first plant, Alienor Ciments in Tonneins, was inaugurated in 2018. Its second facility, Rhone Ciments in Portes-les-Valence, began operating in 2021. Both sites have a production capacity of 240,000t/yr of cement.

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