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Ukrcement warns of impact from 67% rise in electricity costs

15 August 2025

Ukraine: Cement producers have warned of consequences for the industry due to a 67% rise in the marginal price of electricity, according to Lyudmila Krypka, executive director of Ukrcement. Due to high tariffs, the industry is reportedly only operating at 60-70% of capacity.

Krypka said “Export for us is a matter of survival.”

She said that the increase was unjustified and wartime conditions with limited energy market competition created additional risks. Ukrainian industry receives no compensation for energy costs, unlike in the EU. Ukrcement has proposed preferential electricity transmission tariffs for energy-intensive industries and technical and economic criteria for priority enterprises.

Published in Global Cement News
Tagged under
  • Ukraine
  • Ukrcement
  • Electricity
  • costs
  • Price
  • Capacity utilisation
  • Energy
  • Europe
  • GCW723

JSW Cement to triple capacity to 60Mt/yr

15 August 2025

India: JSW Cement plans to triple its production capacity. Managing director Parth Jindal said that the company has a current production capacity of 20Mt/yr and sufficient resources to scale up organically. Internal accruals will fund expansion to 42Mt/yr, with a qualified institutional placement or follow-on offerings considered for further expansion or acquisitions.

Jindal said that the company’s primary route will be organic growth, but that it remains open to acquisitions if strategic opportunities arise. He added that India’s cement industry is expected to grow by 6–7% in the 2026 financial year, driven by increased government infrastructure spending.

Published in Global Cement News
Tagged under
  • India
  • JSW Cement
  • Capacity
  • Expansion
  • Asia
  • GCW723

Hollingshead Cement opens cement terminal in Chattanooga

14 August 2025

US: Hollingshead Cement, a division of SRM Concrete, has opened a cement terminal in Chattanooga, Tennessee, on the same site as an SRM Concrete ready-mix plant and block production facility. The terminal will receive cement by rail and can store over 50,000t.

SRM Concrete CEO Jeff Hollingshead said “We are excited to begin distributing cement from our new facility in Chattanooga. With this investment, we are better positioned to ensure a consistent and reliable supply of cement across our entire network of ready-mix and block locations, while also serving our cement customers with greater efficiency.”

The facility is the eleventh in Hollingshead Cement’s US terminal network, which supplies bulk cement for multiple construction applications.

Published in Global Cement News
Tagged under
  • US
  • Hollingshead Cement
  • Terminal
  • bulk storage
  • Tennessee
  • SRM Concrete
  • Distribution
  • Americas
  • GCW723

SBI to build export pier and cement facility at Tuban plant

14 August 2025

Indonesia: PT Solusi Bangun Indonesia (SBI) is developing a pier and cement production facility at its Tuban plant, East Java, to export up to 1Mt/yr to the US in collaboration with Taiheiyo Cement, according to national news agency Antara.

Corporate communications manager Novi Maryanti said that the project was a priority amidst the contraction of the domestic cement market. Maryanti said “With our large export capacity, we are optimistic that we can maintain the company's profitability and expand our contribution to the national economy.”

SBI, 83.5% owned by SIG, operates four plants in Narogong, Cilacap, Tuban and Lhoknga with a combined capacity of 14.8Mt/yr and more than 2000 staff.

Published in Global Cement News
Tagged under
  • Indonesia
  • Solusi Bangun Indonesia
  • facility
  • Expansion
  • East Java
  • Taiheiyo Cement
  • Asia
  • GCW723

Vietnamese cement companies report profit in second quarter of 2025

14 August 2025

Vietnam: Vietnam’s cement sector is in the midst of a turnaround, as local newspaper The Star reports that several companies published profits despite pressures from oversupply. Vicem Ha Tien Cement reported consolidated sales of over US$73.6m in the second quarter of 2025, with a net profit of US$4.41m, compared to a loss of US$0.36m in the first quarter of 2025. This marks the company’s highest profit and ends an 11-quarter run of poor results.

Revenue rose by 1% year-on-year, while net profit increased by 146%, supported by an 8.5% rise in cement consumption and lower costs from improved production cost control.

Published in Global Cement News
Tagged under
  • Vietnam
  • Results
  • Profit
  • VICEM
  • Asia
  • GCW723
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