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Saudi cement sales rise 12% in fourth quarter of 2024 21 January 2025
Saudi Arabia: Cement sales increased by 12% year-on-year in the fourth quarter of 2024, reaching 14.87Mt, Arab News reports. Sales were primarily driven by domestic demand, which accounted for 96% of total sales. Exports contributed the remaining 4%, according to data from Al-Yamama Cement. For the full year, cement sales grew by 3.7% to 51.2Mt.
Al-Yamama Cement led the domestic market in the fourth quarter of 2024, with a 13% share and sales of 1.83Mt, up by 22% year-on-year. Qassim Cement, after acquiring Hail Cement, held an 11% share with 1.63Mt of sales. Yanbu Cement, Southern Cement, and Al Jouf Cement followed.
During the same period, Saudi Cement dominated in exports with 0.49Mt, representing 80% of total shipments and a 71% year-on-year increase. Clinker production grew by 7% year-on-year in the fourth quarter of 2024 to 14.9Mt, while clinker exports fell by 28% to 1.15Mt.
Amr Nader, CEO of cement consultancy A3&Co, said “These figures may not fully align with the anticipated surge in demand from ambitious infrastructure projects. Megaprojects such as NEOM, the Red Sea project, and FIFA World Cup-related developments require vast quantities of construction materials. The maximum anticipated demand in the next five years is 78Mt/yr.”
Attock Cement commissions 4.8MW wind turbine 21 January 2025
Pakistan: Attock Cement has commissioned a 4.8MW wind turbine project at its Hub site, it stated in a notice to the Pakistan Stock Exchange. The company says that the project aligns with its commitment to sustainable cement production and aims to reduce power costs.
Cambodia waives tax on cement industry until December 2026 20 January 2025
Cambodia: The government has waived the 5% tax on domestic cement products from January 2025 to December 2026 to support the local cement industry, as announced by the Ministry of Economy and Finance.
The exemption reportedly aims to alleviate financial burden on the industry and promote growth. Local cement companies must comply with obligations including tax filings, maintaining comprehensive records and submitting annual reports detailing production, costs and social initiatives.
To date, Cambodia’s cement industry has attracted over US$1.2bn in investments, creating more than 2700 jobs and ‘significantly’ contributing to the economy, according to Construction & Property news.
Kaushalya Logistics opens depots for Ambuja Cement in Haryana 20 January 2025
India: Kaushalya Logistics has opened new depots for Ambuja Cement, part of the Adani Cement Group, in Kurukshetra and Bhiwani, Haryana.
This marks the first phase of a strategic expansion approved by ACC & Ambuja Cement to establish operations at key locations in Haryana, including Kaithal and Fatehabad. The new depots reportedly aim to improve inventory management, reduce transit times and enhance connectivity across key industrial hubs in the region.
Azerbaijan’s cement production rose in 2024 20 January 2025
Azerbaijan: Cement production reached 4.03Mt in 2024, up by 1.6% year-on-year, according to the State Statistics Committee. The total value of the construction materials sector rose by 17% to US$823m. Production of bricks and similar products from cement and concrete increased by 41%, while cement clinker output grew by 16%.