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Greece: Titan Group recorded sales of €684m in the third quarter of 2025, up by 3% year-on-year, supported by growth across all regions. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 20% to €187m, driven by firm pricing, cost management and operational improvements.

In Greece, sales and EBITDA grew strongly, supported by double-digit volume increases across product lines amid continued construction market expansion. In the US, improved market conditions and favourable weather helped raise cement, ready-mix, aggregates and fly ash volumes, while sustained pricing strength delivered higher sales and EBITDA in dollar terms. Southeast Europe also recorded strong growth, with higher cement volumes and firm pricing reversing the softer performance seen earlier in the year. In the Eastern Mediterranean, Egypt accounted for most of the region’s revenue and profitability following the sale of Adocim in Türkiye in May 2025, posting strong domestic and export sales.

For the first nine months of 2025, Titan’s sales rose by 1% year-on-year to €2.01bn, while EBITDA grew by 8% to €473.6m (+13% when adjusted for the Adocim sale and currency effects). Domestic cement volumes totalled 13.2Mt, up by 2%.

India: Ramco Industries will build a new fibre cement board plant in Maksi, Madhya Pradesh, with an installed capacity of 58,000t/yr. The project, estimated to cost US$23.8m, will be financed through US$15.2m in term loans and internal accruals, and is expected to be completed within 12 months. The company said the investment aligns with its growth strategy and responds to rising demand for fibre cement boards in the construction industry.

Morocco: Cement deliveries reached 12.3Mt at the end of October 2025, up by 11% from 11.2Mt in the same period of 2024, according to the Ministry of National Territorial Planning, Urban Planning, Housing and Urban Policy. The growth was driven by the performance of members of the Professional Association of Cement Manufacturers (APC), including Asment Temara, Ciments de l’Atlas, Ciments du Maroc, LafargeHolcim Maroc and Novacim. In October 2025, APC members recorded deliveries of 1.5Mt, up 16% year-on-year from 1.3Mt in October 2024.

Romania: Holcim has won a European Union Innovation Fund grant for its Carbon Hub CPT 01 carbon capture and storage (CCS) project at its Campulung cement plant. The initiative will produce an estimated 2Mt/yr of near-zero cement from 2032, marking Eastern Europe’s first full-scale onshore CCS project, according to the company.

The project, developed with Carmeuse as a key partner, will capture CO₂ from kiln flue gases, compress it and transport it for permanent underground storage. Holcim said the project supports the EU’s Clean Industrial Deal and advances its NextGen Growth 2030 strategy.

With this grant, Holcim now has eight large-scale EU-supported carbon capture, utilisation and storage (CCUS) projects, located in Belgium, Croatia, France, Germany, Greece, Poland and Romania.

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