Cement News tagged: International
Malaysian consumption to remain subdued in 2H19
Malaysian cement consumption is expected to remain subdued in the second half of 2019, as the construction and property development markets remain weak, according to Khairul Azizi Kairudin, an analyst for Hong Leong Investment Bank Research (HLIB Research). "Beyond 2019, we expect cement prices to recover gradually, as construction activities pick up (expected by 1H20). However, […] the expe...
CMA hold meeting with Singareni Collieries Co Ltd
India's Cement Manufacturers Association (CMA) has held a constructive interaction with Singareni Collieries Co Ltd (SCCL). The meeting organised by the CMA with the senior officials of SCCL in Hyderabad saw a commitment on both sides to work towards improving offtake of coal by the cement industry. CMA felt extremely reassured by the positive response received from Dr J Allwyn, executive di...
Angolan government to sell stakes in state cement companies
A report by Díario da Republica confirms that the Angolan government is to sell stakes in several state companies including cement plants to finance projects for the economic and social development of Angola. The government is selling 175 companies by public tender, 11 by auction and nine by initial public offering with 80 sales in 2019 and 90 in 2020. The cement company shares that would co...
Czech cement production increased 10% in 2018
The Czech Republic’s cement output increased 9.8 per cent YoY to 4.43Mt in 2018, the largest amount since 2008, according to data from the country’s cement producers’ association. The production rise has been attributed to demand from the domestic construction industry and an increase in exports. Consumption advanced 7.7 per cent to 4.25Mt, compared with 3.95Mt in 2017. Cement exports surge...
Nepal's cement producers call on government to find export markets
Nepal's cement producers are demanding that the government supports them in attempts to find export markets for cement and clinker as overcapacity in Nepal is expected to rise steeply in the next few years. The country's cement industry has a total of some 40 production facilities with a cumulative cement capacity of 15Mta, while domestic demand is currently below 10Mta. A further 21 plants a...
Nepal’s PAC directs cancellation Huaxin Cement Narayani land lease pact
The Public Accounts Committee (PAC) of the Nepali parliament has directed Rorang Village Municipality of Dhading to cancel the land lease pact with Huaxin Cement Narayani Pvt Ltd. The PAC cited that the Nepal-China joint venture had not yet conducted the initial environmental examination (IEE) of the plant and had not followed the terms and conditions of the agreement, according to a report in...
Brazil cement market expands 8% in July
Brazilian cement sales increased 8.1 per cent YoY to 4.953Mt in July 2019, according to the country’s cement association, SNIC. The market expanded most in the south, advancing by 11.2 per cent to 827,000t, followed by the central-west by 10.9 per cent to 579,000t. The southeast, Brazil’s largest market, expanded by 9.1 per cent to 2.406Mt YoY, while the country’s smallest market, the north...
Greek construction starts recovery in May
The Greek construction sector saw building permits rise by 7.4 per cent in May, according to the statistics agency ELSTAT. There were 1453 building permits issued in the month covering an area of 268,900m 2 . May's figures are still 5.7 per cent down on May 2018 and are down 13.3 per cent lower than in the first five months of 2018. However, 2018 was a rebound year from very low levels and th...
Argentine cement demand up 5% in July
Total cement consumption in Argentina in July 2019 increased 5.1 per cent YoY to 1,000,711t, according to the country’s cement association, AFCP. The market requirement was entirely supplied by domestic plants, unlike in July 2018 when 2540t of cement was imported. Production from Argentine plants during July 2019 reached 1,003,869t, up 5.4 per cent when compared with July 2018. This include...
Colombian market expands 4% in June
Domestic dispatches in Colombia advanced by 3.8 per cent from 0.943Mt in June 2018 to 0.979Mt in June 2019, according to DANE, the country’s statistics office. Bolívar and Meta saw deliveries rise by 31-32 per cent YoY, while Valle del Cauca’s market expanded by 25.1 per cent. Casanare noted 12.6 per cent higher sales and both Antioquia and Santander saw dispatches up by 8.2 per cent when co...
Vietnamese market stable, exports slip in June
Vietnamese cement companies sold 7.497Mt of cement in June 2019, down four per cent YoY and 12 per cent MoM, according to the Vietnam National Cement Association (VNCA). Of this total, 5.645Mt were supplied to the domestic market, reflecting a stable market when compared with June in the previous year and a five per cent fall MoM. In addition, 1.851Mt were exported, down 16 per cent YoY and 27...
Sabah considers new plant to ensure clinker supply
Sabah Economic Development Corp (SEDCO) and Cement Industries (Sabah) Sdn Bhd (CIS) are reportedly considering plans to build a clinker plant to ensure supply into the Malaysian state, according to Bernama. Sabah Trade and Industries Minister, Datuk Wilfred Madius Tangau, confirmed that clinker is currently being imported from Peninsular Malaysia and abroad. "The cost structure for CIS i...
Kinshasa cement prices sees 11% hike
The price of a bag of grey cement in Kinshasa, Democratic Republic of Congo, has increased to CDF15,000 (US$9.08) from CDF13,500, according the national press agency ACP. The price rise, which applies to domestically-produced and imported cement, is the result of an increase in demand as Kinshasa province is currently subject to a housing boom and the implementation of President Félix Antoin...
Alaskan cement terminal approved
The Anchorage Assembly has approved funding to rebuild the city of Anchorage's docks at a cost of US$42.1m for the first phase of a US$200m programme that will see a petroleum and cement terminal at the city-owned port in Alaska, USA. The first phase of development is being implemented by Seattle-based Pacific Pile and Marine. The port's cement business is mainly carried out by Alaska Basic I...
Cement shipments in USA slip to 9.3Mt
Total shipments of Portland and blended cement in the USA and Puerto Rico fell to 9.3Mt in May 2019, according to the US Geological Survey (USGS). The leading consuming states were Texas, California, Florida, Ohio and Georgia , which combined account for 39 per cent of shipments in May. Leading producing states were Texas, California, Missouri, Florida and Alabama. Masonry cement deliverie...
FY20 to remain challenging for cement sector in Pakistan
Pakistani cement companies are scheduled to announce their 4Q annual results ended 30 June 2019. Mixed financial results are expected, despite two companies (Lucky Cement and Attock Cement) having reported a fall in profit earlier this week. However, various research house reports suggest that the stagnant cement demand in a fragile domestic economy continues to damage company profitability...