Latest news with #cement
Zawya
4 days ago
- Business
- Zawya
Oman: Raysut Cement narrows H1 2025 loss on higher revenue
MUSCAT - Raysut Cement Company SAOG, Oman's largest cement producer, reported a consolidated net loss of RO 2.99 million for the first half of 2025, down from RO 1.51 million in the same period last year, as revenues surged and a new leadership team implemented a turnaround strategy. Group revenue rose 30.8 per cent year-on-year to RO 41.81 million in the six months to June 30, 2025, compared with RO 31.87 million a year earlier, driven by improved sales in domestic and export markets, particularly Yemen, the Maldives, and East Africa. Total group expenses increased sharply to RO 36.44 million from RO 23.44 million in H1 2024—an annual rise of 55.5 per cent—reflecting higher input costs and logistics challenges. Loss before tax narrowed to RO 2.90 million, down from RO 1.37 million in the same period last year. After accounting for tax provisions of RO 90,042, the group posted a net loss of RO 2.99 million for the period. On a standalone basis, the parent company reported revenue of RO 21.58 million, up 25.5 per cent from RO 17.16 million in H1 2024. However, standalone losses widened to RO 3.33 million from RO 2.48 million, primarily due to increased operating costs. The results follow the release of the company's 2024 Board of Directors Report, which confirmed a full-year consolidated net loss of RO 10.63 million and cumulative group losses of RO 24.06 million across 2023 and 2024. Net cash flow for the group was positive at RO 1.07 million in 2024, and total assets stood at RO 9.49 million at year-end. A new board, appointed in March 2025, did not oversee 2024 operations but has since launched a five-point restructuring plan aimed at restoring profitability by 2026. The strategy includes addressing legacy debt, streamlining operations, improving efficiency, enforcing corporate governance, and strengthening liquidity management. Group-wide cement sales reached 2.47 million metric tonnes in 2024, up from 2.14 million tonnes the previous year. Parent company exports rose to 1.29 million tonnes, with domestic sales also increasing to 0.65 million tonnes. Despite improvements in top-line performance, the company continues to face industry-wide pressures, including regional cement overcapacity, currency risks in key markets, and competition from Asian producers. The Board stated it remains committed to executing its recovery plan and enhancing shareholder transparency.
National Post
6 days ago
- Business
- National Post
Market to Grow by 5.4% Annually to Reach $832.2 Million in 2025 - Size & Forecast by Value and Volume Across 80+ Market Segments 2020-2029
Article content Article content DUBLIN — The 'Canada Cement Industry Market Size & Forecast by Value and Volume Across 80+ Market Segments by Cement Products, Distribution Channel, Market Share, Import – Export, End Markets – Databook Q2 2025 Update' report has been added to offering. Article content The cement market in Canada is expected to grow by 5.4% annually to reach US$832.2 million in 2025. The cement market in the country recorded strong growth during 2020-2024, achieving a CAGR of 6.7%. Growth momentum is expected to remain positive, with the market projected to expand at a CAGR of 5.0% during 2025-2029. By the end of 2029, the cement market is projected to expand from its 2024 value of US$789.9 million to approximately US$1.01 billion. Article content This report provides a data-rich, forward-looking analysis of cement industry, covering market size, pricing trends, production, consumption, and segment-level performance from 2020 to 2029. It examines cement demand across key residential, non-residential, and infrastructure sectors alongside granular segmentation by cement type, distribution channel, end-user profile, and city tier. Article content Canada's cement industry is at a strategic inflection point marked by decarbonization mandates, shifting demand sources, and a renewed federal infrastructure focus. While traditional residential demand is softening in urban cores, public transit, utilities, and institutional projects are sustaining baseline cement volumes. Firms are aligning operations with net-zero policy targets by adopting carbon capture technologies, increasing the use of supplementary cementitious materials, and enhancing digital efficiency. At the same time, challenges related to energy costs, import reliance, and regulatory compliance are reshaping the competitive landscape. Article content The industry's medium-term outlook depends on balancing supply chain resilience, innovation-led decarbonization, and regional market adaptability. Firms that respond to policy shifts with scalable sustainability models and targeted product strategies will shape the next phase of sectoral evolution. Canada's cement industry is entering a strategic realignment driven by climate policy, digital transformation, and shifting demand patterns. As the sector moves away from high-volume urban residential builds toward sustainability-focused public and industrial projects, companies must adapt their portfolios and processes accordingly. Article content The future will reward firms that invest early in carbon capture, SCM integration, and regional logistics optimization. Strong policy engagement, technological agility, and ESG-linked branding will be critical to securing procurement access and financing in the coming years. With careful balancing of operational cost controls, environmental responsibility, and infrastructure-linked opportunity, Canada's cement sector can redefine its role in a low-carbon economy while maintaining its foundational role in national development. Public Infrastructure and Climate-Linked Construction Are Supporting Demand Stability Article content Federal and Provincial Infrastructure Plans Are Driving Institutional Cement Use: Canada's Investing in Canada Infrastructure Program (ICIP) continues to channel funding into transit, water systems, and public buildings, providing a consistent demand base. Cement volumes have increased in projects like Ontario Line (Toronto), the REM expansion (Montreal), and flood resilience works in British Columbia. CRH Canada and Lafarge have responded by prioritizing bulk cement supply to these zones through upgraded terminal logistics and dedicated batching services. Sustainable Housing and Retrofit Programs Are Creating Niche Demand Growth: Green building programs under CMHC and regional net-zero building codes have accelerated demand for blended and specialty cement in retrofitting. Demand is growing for high-performance cement products in provinces like Quebec and British Columbia, where provincial energy codes are stricter. Holcim Canada has positioned its low-carbon cement portfolio to meet retrofit demand in urban multi-residential buildings. Private Sector Construction Faces Mixed Momentum: Commercial construction in urban downtowns is stagnating due to office space oversupply, but warehousing and healthcare facilities are expanding. The rise of fulfillment centers and cold storage projects in Alberta and Ontario has driven demand for industrial-grade cement mixes. Article content Strategic Collaborations and Green Technologies Are Transforming Operations Article content Carbon Capture and Utilization (CCU) is Gaining Traction: In 2024, Heidelberg Materials North America advanced its Edmonton-based CCU project, aiming for the first full-scale carbon-neutral cement plant on the continent. The initiative integrates flue gas capture and mineralization, setting a precedent for sector-wide emissions reduction. Cross-Sector Partnerships Are Facilitating Circular Economy Models: Lafarge Canada has expanded partnerships with local governments and energy providers for co-processing construction waste and biomass as kiln fuel. The company collaborated with the City of Richmond in 2023 to pilot biosolids co-processing, demonstrating municipal-industrial synergy. Digital Process Control Systems Are Optimizing Energy and Yield: CRH and Holcim have implemented AI-based kiln monitoring systems and automated raw mix adjustments across major plants in Ontario and Alberta. These tools are enabling real-time emissions tracking and optimizing thermal energy use, directly supporting ESG compliance and operational savings. Article content Production is Being Impacted by Import Dependency, Energy Costs, and Regulatory Compliance Article content Clinker Import Reliance is Affecting Supply Chain Flexibility: Canada imports a significant portion of clinker from the U.S. and Europe, particularly in Atlantic provinces and Ontario, creating vulnerability to shipping disruptions. In 2024, port congestion and vessel shortages delayed multiple shipments to Halifax and Windsor terminals, affecting cement availability. Electricity and Fuel Price Fluctuations Are Pressuring Margins: High industrial power costs in Quebec and British Columbia, especially during winter peaks, have increased kiln operating expenses. Several plants have shifted energy usage to off-peak hours and increased on-site renewable integration to reduce volatility exposure. Environmental Regulation Compliance Requires Capital Allocation: New federal protocols on carbon reporting, air emissions, and quarry rehabilitation have added layers of operational complexity. In Ontario, delayed permit renewals for raw material quarries have slowed production expansion plans, particularly for smaller players. Industry Outlook is Anchored in Green Public Procurement and Digitized Operations Article content Government Procurement Standards Will Shape Product Portfolio Strategy: The federal Buy Clean Canada initiative and provincial equivalents are prioritizing low-embodied carbon materials in public construction. Producers are tailoring low-carbon cement offerings to meet procurement specifications for schools, hospitals, and transit-related structures. Modernization and Efficiency Will Drive Competitive Differentiation: Digitization of batching, transport tracking, and predictive maintenance is reducing waste and increasing turnaround reliability across distribution networks. Companies like Ash Grove Cement are upgrading plant automation in Manitoba to remain competitive with larger multinational players. Blended Cement and SCM Adoption Will Accelerate: Increased use of fly ash, slag, and limestone filler is supporting decarbonization, especially in Western Canada where coal-fired power residues remain accessible. Holcim has announced new R&D investment into calcined clay blends, aiming to reduce clinker ratio by 30-40% in next-gen product lines. Article content Risks Are Emerging Across Logistics, Policy Uncertainty, and Input Material Availability Article content Global Logistics Disruptions Continue to Impact Import-Heavy Markets: The Port of Vancouver and St. Lawrence Seaway bottlenecks have periodically delayed raw material imports and outbound product deliveries. Weather-related delays, union actions, and fuel surcharges have added risk premiums to just-in-time supply models. Policy Volatility and Permitting Complexity Create Planning Challenges: Delays in emissions credit frameworks and prolonged approval processes for environmental assessments have caused hesitancy in capital investment planning. Provincial variation in carbon policies adds complexity for firms operating across jurisdictions, requiring adaptive compliance strategies. Material Quality and Quarry Access Pose Strategic Risks: Variability in local limestone quality and regulatory restrictions on new quarry development are creating long-term planning constraints. Some firms are exploring synthetic alternatives and waste-derived aggregates to hedge against future access and cost issues. Article content Scope Article content Canada Cement Industry Overview Article content Cement Production KPIs: Volume and Value Cement Consumption KPIs: Volume and Value Average Cement Price Trends: Tracked at overall and cement-type level Article content Canada Cement Market by Type of Cement Article content Portland Cement Blended Cement Specialty Cement Green Cement Article content Blended Cement Market by Subtypes of Cement Article content Type IS(X) – Portland-Slag Cement Type IP(X) – Portland-Pozzolan Cement IL(X) – Portland-Limestone Cement Type IT – Ternary Blended Cement Article content Specialty Cement Market by Subtypes of Cement Article content Rapid Hardening Cement High Alumina Cement White Cement Sulfate-Resistant Cement Other Niche Specialty Cements Article content Canada Cement Market by Key Sector Article content Residential Construction Article content Multi-Family Housing Single-Family Housing Article content Non-Residential Construction Article content Commercial Buildings Article content Office Buildings Retail Spaces Hospitality Facilities Restaurants Sports Complexes Other Commercial Properties Article content Industrial Buildings Article content Manufacturing Units Chemical & Pharmaceutical Facilities Metal and Material Processing Plants Article content Institutional Buildings Article content Healthcare Facilities Educational Institutions Other Institutional Structures Article content Infrastructure & Other Construction Article content Canada Cement Market by Distribution Channel Article content Direct Distribution (B2B Sales) Indirect Distribution (Retailers, Dealers) Article content Canada Cement Market by End-User Article content Ready-Mix Concrete Producers Concrete Product Manufacturers Individual Consumers (Self-use) Other Industrial/Commercial Users Article content Canada Cement Market by Location Tier Article content Tier-I Cities Tier-II Cities Tier-III Cities Article content Canada Cement Trade Dynamics Article content Key Export Destinations Key Import Sources Article content Competitive Landscape: Canada Cement Market Article content Market Share Analysis of Key Players Article content For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Article content Article content Article content Article content Article content Contacts Article content Article content Article content
Associated Press
6 days ago
- Business
- Associated Press
Market Size & Forecast by Value and Volume Across 80+ Market Segments 2020-2029
DUBLIN--(BUSINESS WIRE)--Jul 14, 2025-- The 'United Arab Emirates Cement Industry Market Size & Forecast by Value and Volume Across 80+ Market Segments by Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q2 2025 Update' report has been added to offering. The cement market in United Arab Emirates is expected to grow by 5.3% annually to reach US$1.21 billion in 2025. The cement market in the country recorded strong growth during 2020-2024, achieving a CAGR of 6.1%. Growth momentum is expected to remain positive, with the market projected to expand at a CAGR of 5.0% during 2025-2029. By the end of 2029, the cement market is projected to expand from its 2024 value of US$1.15 billion to approximately US$1.48 billion. This report provides a data-rich, forward-looking analysis of cement industry, covering market size, pricing trends, production, consumption, and segment-level performance from 2020 to 2029. It examines cement demand across key residential, non-residential, and infrastructure sectors alongside granular segmentation by cement type, distribution channel, end-user profile, and city tier. This report provides a detailed data-centric analysis of the cement industry in United Arab Emirates, covering market opportunities and analysis across a range of the cement domains. With over 80+ KPIs at the country level, this report provides a comprehensive understanding of the cement market dynamics, market size and forecast, and market share statistics. Reasons to Buy Scope United Arab Emirates Cement Industry Overview United Arab Emirates Cement Market by Type of Cement Blended Cement Market by Subtypes of Cement Specialty Cement Market by Subtypes of Cement United Arab Emirates Cement Market by Key Sector Residential Construction Non-Residential Construction Commercial Buildings Industrial Buildings Institutional Buildings Infrastructure & Other Construction United Arab Emirates Cement Market by Distribution Channel United Arab Emirates Cement Market by End-User United Arab Emirates Cement Market by Location Tier United Arab Emirates Cement Trade Dynamics Competitive Landscape: United Arab Emirates Cement Market For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: MIDDLE EAST UNITED ARAB EMIRATES INDUSTRY KEYWORD: OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY OTHER MANUFACTURING SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 07/14/2025 12:19 PM/DISC: 07/14/2025 12:19 PM
Associated Press
6 days ago
- Business
- Associated Press
Green Technology and Partnerships Pivotal in Shaping UK Cement Sector
DUBLIN--(BUSINESS WIRE)--Jul 14, 2025-- The 'United Kingdom Cement Industry Market Size & Forecast by Value and Volume Across 80+ Market Segments by Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q2 2025 Update' has been added to offering. The cement market in the United Kingdom is projected to grow by 6.2% annually, reaching approximately US$757.7 million by 2025. Despite the challenging economic climate of energy cost volatility, stringent environmental regulations, and logistic complexities post-Brexit, the industry's growth is bolstered by infrastructure developments and public retrofit projects. Cement producers are investing heavily in carbon capture technologies and sustainable construction models to align with the UK's net-zero targets. These investments, alongside the adoption of digital efficiency platforms, position the industry to benefit from government procurement reforms and sustained infrastructure expenditure under the National Infrastructure Strategy. Key sectors such as public works continue to support demand, with projects like HS2 and infrastructure upgrades playing pivotal roles. Public works and retrofit programs, characterized by urban demand shifts for low-carbon solutions, are crucial drivers. Refurbishment initiatives under government safety and decarbonization funds are promoting specialty cement blends tailored for sustainable urban projects. However, the private residential and commercial sectors face pressure from high material costs and interest rates, influencing construction dynamics. Strategic alliances in the field of Carbon Capture and Storage (CCS) are reinforcing sectoral shifts. Projects like Hanson's CCS pilot contribute significantly to emission reduction goals. Meanwhile, expanding portfolios of blended and low-carbon cements meet compliance standards, targeting embedded carbon goals in construction projects. Although energy prices stabilize, production pressures persist due to electricity and fuel costs alongside regulatory demands. Import dependencies add further risk, impacting the availability of key materials such as GGBS and fly ash. Looking forward, sector outlook is optimistic, tied to continued infrastructure spending and evolving policies focused on sustainability. The government's infrastructure and construction pipeline, outlining significant investment over the next decade, underscores this trajectory. Producers with EPD-certified products are positioned advantageously amid evolving green public procurement standards. Innovation in funding channels is crucial, with bodies like the Industrial Energy Transformation Fund supporting process advancements to reduce the industry's carbon footprint. Nonetheless, sector growth is not without risks. Inflationary pressures and interest rate sensitivities might temper private demand, while compliance costs risk marginalizing smaller producers. Overall, the UK cement market is expected to maintain growth momentum from its 2024 value, with a robust CAGR of 5.8% projected through 2029, reaching approximately US$949.2 million by the decade's end. The market's expansion is driven by strategic investments in sustainability and the integration of digital technologies to navigate regulatory complexities and consumer demand. This report offers a comprehensive analysis, with over 80 KPIs covering cement domains within the UK, using proprietary analytics for a nuanced understanding of market dynamics, size, and forecasts. Key Topics Covered: About this Report 1. United Kingdom Cement Industry Dynamics and Growth Prospects 2. United Kingdom Cement Market Value Dynamics by Type of Cement 3. United Kingdom Blended Cement Type Demand Analysis and Outlook by Value 4. United Kingdom Specialty Cement Type Demand Analysis and Outlook by Value 5. United Kingdom Cement Market Dynamics by Market Value 6. United Kingdom Residential Buildings Cement Market Demand Analysis and Outlook by Value 7. United Kingdom Non-Residential Buildings Cement Market Demand Analysis and Outlook by Value 8. United Kingdom Infrastructure & Other Cement Market Demand Analysis and Outlook by Value 9. United Kingdom Non-Residential Commercial Construction Cement Market Demand Analysis and Outlook by Value 10. United Kingdom Non-Residential Industrial Construction Cement Market Demand Analysis and Outlook by Value 11. United Kingdom Non-Residential Institutional Construction Cement Market Demand Analysis and Outlook by Value 12. United Kingdom Cement Dynamics and Outlook by Distribution Channel by Value 13. United Kingdom Cement Dynamics and Outlook by End-User by Value 14. United Kingdom Cement Dynamics and Outlook by Location by Value 15. United Kingdom Total Cement Industry Average Price and Forecast, 2020 - 2029 16. United Kingdom Cement Average Price by Type of Cement 17. United Kingdom Total Cement Industry Market Volume and Forecast, 2020 - 2029 18. United Kingdom Cement Market Volume Dynamics by Type of Cement by Volume 19. United Kingdom Blended Cement Type Demand Analysis and Outlook by Volume 20. United Kingdom Specialty Cement Type Demand Analysis and Outlook by Volume 21. United Kingdom Cement Market Dynamics by Market Volume 22. United Kingdom Residential Buildings Cement Market Demand Analysis and Outlook by Volume 23. United Kingdom Non-Residential Buildings Cement Market Demand Analysis and Outlook by Volume 24. United Kingdom Infrastructure & Other Cement Market Demand Analysis and Outlook by Volume 25. United Kingdom Non-Residential Commercial Construction Cement Market Demand Analysis and Outlook by Volume 26. United Kingdom Non-Residential Industrial Construction Cement Market Demand Analysis and Outlook by Volume 27. United Kingdom Non-Residential Institutional Construction Cement Market Demand Analysis and Outlook by Volume 28. United Kingdom Cement Dynamics and Outlook by Distribution Channel by Volume 29. United Kingdom Cement Dynamics and Outlook by End-User by Volume 30. United Kingdom Cement Dynamics and Outlook by Location by Volume 31. United Kingdom Cement Industry Production Dynamics and Growth Prospects by Value 32. United Kingdom Cement Market Production Dynamics by Type of Cement by Value 33. United Kingdom Blended Cement Type Production Analysis and Outlook by Value 34. United Kingdom Specialty Cement Type Production Analysis and Outlook by Value 35. United Kingdom Cement Production Dynamics and Outlook by End-User by Value 36. United Kingdom Cement Industry Production Dynamics and Growth Prospects by Volume 37. United Kingdom Cement Market Production Dynamics by Type of Cement by Volume 38. United Kingdom Blended Cement Type Production Analysis and Outlook by Volume 39. United Kingdom Specialty Cement Type Production Analysis and Outlook by Volume 40. United Kingdom Cement Production Dynamics and Outlook by End-User by Volume 41. United Kingdom Market Players Cement Industry Market Share 42. United Kingdom Cement Dynamics and Outlook by Trade For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: UNITED KINGDOM EUROPE INDUSTRY KEYWORD: OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY OTHER MANUFACTURING SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 07/14/2025 12:14 PM/DISC: 07/14/2025 12:14 PM
Associated Press
11-07-2025
- Business
- Associated Press
Qatar Cement Industry Market Report 2025: 80+ Market Segments by Cement Products, Distribution Channel, Market Share, Import - Export, and End Markets
DUBLIN--(BUSINESS WIRE)--Jul 11, 2025-- The 'Qatar Cement Industry Market Size & Forecast by Value and Volume Across 80+ Market Segments by Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q2 2025 Update' report has been added to offering. The cement market in Qatar is expected to grow by 4% annually to reach US$398.8 million in 2025. The cement market in Qatar recorded strong growth during 2020-2024, achieving a CAGR of 5.2%. Growth momentum is expected to remain positive, with the market projected to expand at a CAGR of 3.8% during 2025-2029. By the end of 2029, the cement market is projected to expand from its 2024 value of US$383.4 million to approximately US$462.3 million. This report provides a detailed data-centric analysis of the cement industry in Qatar, covering market opportunities and analysis across a range of the cement domains. With over 80+ KPIs at the country level, this report provides a comprehensive understanding of the cement market dynamics, market size and forecast, and market share statistics. Reasons to buy Report Scope This report provides a data-rich, forward-looking analysis of cement industry, covering market size, pricing trends, production, consumption, and segment-level performance from 2020 to 2029. It examines cement demand across key residential, non-residential, and infrastructure sectors alongside granular segmentation by cement type, distribution channel, end-user profile, and city tier. Qatar Cement Industry Overview Qatar Cement Market by Type of Cement Blended Cement Market by Subtypes of Cement Specialty Cement Market by Subtypes of Cement Qatar Cement Market by Key Sector Residential Construction Non-Residential Construction Commercial Buildings: Industrial Buildings: Institutional Buildings: Infrastructure & Other Construction Qatar Cement Market by Distribution Channel Qatar Cement Market by End-User Qatar Cement Market by Location Tier Qatar Cement Trade Dynamics Competitive Landscape: Qatar Cement Market For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: MIDDLE EAST QATAR INDUSTRY KEYWORD: OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY OTHER MANUFACTURING SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 07/11/2025 09:44 AM/DISC: 07/11/2025 09:44 AM
