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Lucky Cement exports record 3Mt of cement in 2025 financial year

04 July 2025

Pakistan: Lucky Cement exported over 3Mt of cement and clinker by sea in the 2024–25 financial year, the highest on record for the company and for Pakistan, according to Mettis Link News. The producer accounted for 42% of the country’s total cement and clinker exports during this period. The company said that 60% of the energy used for the export operations came from renewable sources, including wind, solar and waste heat recovery.

Published in Global Cement News
Tagged under
  • Pakistan
  • Lucky Cement
  • Export
  • trade
  • Asia
  • GCW717

P&O Maritime Logistics to acquire controlling stake in NovaAlgoma cement assets

04 July 2025

Global: P&O Maritime Logistics (POML), a subsidiary of Dubai-based terminal operator DP World, will acquire a 51% controlling stake in NovaAlgoma Cement Carriers’ wholly owned cement assets, according to Offshore Energy news. POML has entered a definitive agreement with NovaAlgoma Cement Carriers, the joint venture between Canada’s Algoma Central Corporation and Italian-Swiss Nova Marine Group.

The deal excludes NovaAlgoma’s joint venture interests in Northern Europe, Indonesia and Greece. NovaAlgoma will retain a 49% minority interest to be held in a new entity based in Dubai (NACC). Vessel operations will remain unchanged under current commercial and technical management, the companies said. NovaAlgoma's cement assets serve key infrastructure markets across North America, Europe, the Mediterranean, South Asia and the Caribbean.

Nova CEO Vincenzo Romeo said “We’re excited about the opportunities this partnership with DP World brings. It will allow us to expand the geographic reach of our fleet and better serve global logistics demands.” He added “NACC’s pneumatic cement carriers play a vital role in supporting the construction industry, delivering cement powder for infrastructure projects, now to even more regions around the world.”

Published in Global Cement News
Tagged under
  • UAE
  • Dubai
  • Italy
  • Switzerland
  • Canada
  • Nova Algoma
  • Acquisition
  • Stake
  • Assets
  • agreement
  • Transport
  • Middle East and Africa
  • GCW717

Terra CO2 secures US$124m in funding round

03 July 2025

US: Terra CO2 (Terra) has raised US$124.5m in series B equity funding, with co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero and Just Climate, the round included investment from Barclays Climate Ventures. Additional strategic investors to join the round include Cemex and Siemens subsidiary Siemens Financial Services.

The capital will support the construction of Terra’s first 240,000t/yr advanced-processing facility in Dallas Fort Worth, expansion of its team and sites, and development of further commercial-scale cementitious projects.

CEO Bill Yearsley said “Terra's mandate is to deliver cementitious material solutions that the market would purchase solely based on cost and performance, even if there was no carbon benefit. The fact that Terra's cementitious materials also offer significant carbon mitigation is an additional advantage for the built environment.”

Terra produces supplementary cementitious materials as an alternative to traditional Portland cement, from resources like fly ash. Its second product, Opus Zero, is currently in the testing phase and would serve as a complete replacement for Portland cement.

Published in Global Cement News
Tagged under
  • US
  • Terra CO2
  • funding
  • investor
  • supplementary cementitious materials
  • Americas
  • GCW717

Hoffmann Green Cement increases production over the first half of 2025

03 July 2025

France: Hoffmann Green Cement Technologies has reported a 250% rise in production volumes to 19,640t in the first half of 2025, compared to 7833t in the first half of 2024. The result also exceeded the company’s total 2024 output of 16,269t. The company supplied its products to more than 130 construction sites across France during the period. It said that the result was primarily driven by a ‘strengthened partnership’ network and the successful diversification of targeted markets.

Published in Global Cement News
Tagged under
  • France
  • Hoffmann Green Cement Technologies
  • Production
  • volumes
  • Output
  • Europe
  • GCW717

CNRG urges halt to US$1bn cement project in Magunje over human rights and environmental concerns

03 July 2025

Zimbabwe: The Centre for Natural Resource Governance (CNRG) has called on the Ministry of Mines and Mining Development to suspend operations on a US$1bn cement project in Magunje, Mashonaland West, citing ‘a spiralling crisis’ of human rights abuses, forced displacements and environmental harm, according to Pindula News. The project is led by Labenmon Investments, in partnership with China-based West International Holding. It is expected to produce 0.9Mt/yr of cement and 1.8Mt/yr of clinker. The project will reportedly create 5000 jobs and spur local development, but CNRG has raised concerns on behalf of local communities.

There have been reports that communities have been forcefully removed from their ancestral lands and graves of relatives ‘desecrated’ in the wake of mining developments. The group also raised concerns about alleged ‘fraudulent consultations,’ with legally required village meetings bypassed and affected communities excluded from decision-making processes. The newspaper also reported that eight villagers from Kapere were arrested for standing up to the mining project and continue to be summoned to the court despite the complainants failing to appear. CNRG staff members also reportedly faced threats from the Zimbabwe National Army while conducting an inspection in Kemapondo village.

There are also reports of the local Magunje Dam being polluted by the cement plant and of fires sparked during land clearing exercises, which have razed farmlands. There are also concerns of labour violations, with employees allegedly working in dangerous conditions, below the minimum wage and without formal contracts. The Zimbabwe Diamond and Allied Minerals Workers Union has escalated the matter to the Labour Court.

Published in Global Cement News
Tagged under
  • Zimbabwe
  • Project
  • Ministry of Mines and Mining Development
  • Suspension
  • Halt
  • violation
  • Environment
  • Labenmon Investments
  • West International Holding
  • Plant
  • Mining
  • crime
  • Middle East and Africa
  • GCW717
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