Global Cement News

Pakistan: The Competition Commission of Pakistan (CCP) has approved the acquisition of Denmark-based FLSmidth’s global cement business by Pacific Avenue Capital Partners Management Company subsidiary ApS as it affects the Pakistani market. Local press has reported that the parties concluded a global share purchase agreement earlier in 2025.

FLSmidth subsidiary FLSmidth (Private) holds a non-dominant share across various cement technologies and services market sub-segments in Pakistan, while ApS has no current operational presence. The CCP’s Phase 1 investigation concluded that the transaction does not result in horizontal or vertical overlaps, raise competition concerns, create entry barriers or enhance the market power of FLSmidth (Private).

India: Sagar Cements reported sales of US$146m in the first half of the 2026 financial year, up by 22% year-on-year. Its costs also rose steeply, by 11%, to US$149m. As such, its loss before interest and taxation was US$2.58m. This represents a successful reduction of 82%, from US$14.4m in the first half of the 2025 financial year. Sagar Cements proceeded with expansion projects at its Andhra Cements and Jeerabad cement plants ‘as per plan.’ Subsidiary Andhra Cements has since commissioned a six-stage preheater at its Dachepalli Plant in Andhra Pradesh on 23 October 2025. By the end of the 2026 financial year, Sagar Cements expects to commission a 4.35MW waste heat recovery plant at its Gudipadu plant in Andhra Pradesh and complete a 50% capacity expansion at its Jeerabad plant in Madhya Pradesh, up to 1.5Mt/yr. The group forecast full-year sales volumes of 6Mt.

Capital Markets News has reported that Joint Managing Director Sreekanth Reddy said "Our focus on operational efficiency and cost optimisation helped us sustain healthy margins even in a softer pricing environment. EBITDA/tonne remained resilient, supported by higher plant utilisation levels and disciplined cost management across the value chain. We have maintained our growth momentum in the second quarter of the 2025 financial year, despite the seasonal impact of the monsoon. As expected, realisations softened during the quarter; however, the overall operating environment remained stable, with costs remaining low.” Looking ahead to the current, second half of the financial year, Reddy said "With the monsoon season now behind us, we expect demand momentum to pick up, led by the continued push in infrastructure, housing and other construction activities.”

Sri Lanka: Siam City Cement subsidiary INSEE Cement has secured EcoLabel certification for its products, in recognition of their environmental performance. Key initiatives included energy efficiency upgrades, raw materials optimisation, increased alternative fuels substitution, clinker factor reduction and emissions monitoring and control. Daily FT News has reported that EcoLabel Sri Lanka and the National Cleaner Production Centre awarded the label, the first of its kind for any cement producer in Sri Lanka.

Asia: Three national sustainability certification providers have signed a tripartite mutual recognition agreement for harmonised green label criteria for cement products. Ecolabel Sri Lanka, the Singapore Green Labelling Scheme and Thai Green Label agreed to the mutual recognition of each other’s certification of cement. Through the collaboration, the bodies aim to enhance market access to environmentally preferable products across South and South East Asia, Daily FT News has reported.

Nigeria: Lafarge Africa recorded sales of US$533bn in the first nine months of 2025, up by 63% year-on-year from US$327m. Its operating profit more than doubled to US$204m, from US$88.9m in the first nine months of 2024. The company grew its profit after tax to US$142m, more than triple its nine-month 2024 figure of US$41.1m. The producer attributed the growth to an increase in sales volumes and operational efficiency gains.

CEO Lolu Alade-Akinyemi said "Building on the performance from previous quarters, the third quarter of 2025 showcased our cost discipline, strategic market positioning, unwavering commitment to value creation and strong operational efficiency – demonstrated by a 7% year-on-year improvement in capacity utilisation."