Cement News tagged under: consumption
Bolivian first-half sales rise 10.62 per cent09 August 2012, Published under Cement NewsIn the first half of this year, Bolivian sales increased by 10.62 per cent compared to the same period of 2011 and manufacturers expect demand will continue to rise. According to the Bolivian Institute of Cement and Concrete (IBCH), in the first six months of 2012 1,271,069t of domestic cement were sold and 52,382t imported, totaling 1.3Mt. In the same period in 2011, 1,196,312t of domestic and imported were sold, which means an increase of 10.62%. Cement consumptionin the department... |
USA May shipments rise 15.9 per cent09 August 2012, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for May 2012 were 7.5Mt – 15.9 per cent higher than shipments in May 2011. Shipments for the year through May were 29.4Mt, up by about 18 per cent. The leading producing States in May were Texas, Missouri, California, Michigan, and Florida, in descending order, and accounted for 42 per cent of total output. The leading consuming states (Texas, California, Florida, Ohio, and Illinois, in descending order) r... |
Raysut books first half net profit, Oman07 August 2012, Published under Cement NewsRaysut Cement, Oman's largest cement company by market value, said in a bourse filing yesterday it booked a profit of OMR10.5m (US$27.3m) in the first half of 2012, up 38 per cent YoY. The strong performance was a result of a 13 per cent rise in sales, to OMR33.9m. |
Pakistan July dispatches decline07 August 2012, Published under Cement NewsPakistan dispatches in the first month of the current fiscal saw a decline of 1.64 per cent compared to July 2011, according to data from the All Pakistan Cement Manufacturers Association (APCMA). Domestic dispatches were down by 1.47 per cent in July 2011 to 2.05Mt compared to 2.02Mt in 2011. However, the decline in exports was steeper at 9.23 per cent to 755,010t from 831,785t in July 2011. Exports to Afghanistan dropped by 10.37 per cent to 455,897t while exports to India were down ... |
Saudi Cement increases output07 August 2012, Published under Cement NewsSaudi Cement Company announced that it has restarted Kiln No 6 on Monday which has a capacity of 35000tpd and an actual capacity that could reach a maximum of 4000tpd of clinker. Production from this kiln will be used to increase the company’s clinker inventory to meet demand, the company said in a statement on its website. |
Bangladesh industry consolidation gathers pace07 August 2012, Published under Cement NewsCement sector consolidation in the Bangladesh industry is set to gather pace as more than 70 smaller cement factories have folded operations in the past 12 years having lost ground to larger players. According to a report in the Financial Express (Bangladesh) more are on the verge of shutdown as tight bank loans for smaller factories and massive investments by local and global players have accelerated the closure of units with capacity below 6000t. "It's like a story of big fish gobbli... |
Buzzi Unicem improves profit at lower volumes06 August 2012, Published under Cement NewsBuzzi Unicem’s first half turnover edged ahead by 0.9 per cent to €1,350.9m, but the EBITDA recovered by 7.7 per cent to €197.2m. For the full year Buzzi Unicem is maintaining its overall forecast of broadly unchanged numbers overall, but the expected geographical mix has changed. The first half trading profit increased by 34.4 per cent to €84.0m and the interest charge jumped by 35.3 per cent to €62.2m, giving a pre-tax profit still 36.3 per cent higher at €22m. After a tax charge 8.3 pe... |
Ethiopia: future cement strategy23 May 2012, Published under Cement NewsEthiopia has become one of the fastest-growing African economies in recent years. The cement sector has also made significant strides in terms putting an end to its reliance on imports and satisfying local demand. The industry is also set to be a key beneficiary of the government’s Growth and Transfomation Plan which aims to take demand to a higher level. Shimelis Wolde Biru, Ministry of Industry, Ethiopia, reports on the progress in the North African country. One of the most recent a... |
Canada, Ontario infrastructure plan boosts cement outlook06 April 2012, Published under Cement NewsConfirmation that the Ontario, Canada government will maintain its commitment to a $35bn 3-year infrastructure spend has been welcomed by the Cement Association of Canada. "We recognize that Ontario faces significant economic challenges and we applaud the government for acknowledging the critical importance of maintaining a high level of infrastructure investment during this difficult economic time," said Michael McSweeney, President and CEO of the Cement Association of Canada. Infrast... |
Malaysian market acceleration05 April 2012, Published under Cement NewsAs Malaysia prepares to host to the 23rd AFCM Technical Symposium in April, ICR presents an overview of recent activity and prospects for the Southeast Asian nation. This year, the construction market will be underpinned by higher activity in the residential sector and the acceleration of public engineering projects, translating into increased orders for the cement industry once large-scale projects go into full swing. ICR looks forward to meeting delegates at the 23rd AFCM Technical ... |