Cement News tagged: International
Cement demand in Vietnam slips 1% YoY
Total cement demand in Vietnam fell to 5.828Mt in December 2018, down by one per cent YoY, but up three per cent when compared with November 2018, according to the latest data by the Vietnam National Cement Association (VNCA). Of this total, VICEM Group companies accounted for 1.96Mt with an additional 1.618Mt sold by VICEM’s joint ventures, representing YoY changes in sales volumes of -4 an...
Tender process begins for new Papa New Guinea project
A successful definitive feasibility study has been carried by Mayur Resources Ltd for a cement plant near Port Moresby, Papua New Guinea. The project is expected to include the quarrying of extensive limestone deposits and the downstream production of clinker, cement and quicklime for both domestic and export markets. The estimated capital cost of the project is US$331m, with the initial capa...
Spain's cement demand up 9% in November
Spain’s cement consumption index (IDC) noted a 9.2 per cent YoY increase in November 2018, according to the Spanish cement association, Oficemen. MoM a 2.4 per cent decrease was reported. Between December 2017 and 2018, 13.4Mt of cement was sold – 1.1Mt more than in the equivalent period of the previous year. While consumption levels remain low – similar to the level noted in 1967 – they cont...
Cement price rise concerns Philippine housing developers
Housing developers in the Philippines have become alarmed at the sudden rise in cement prices in the last few weeks. The Organization of Socialized and Economic Housing Developers of the Philippines (OSHDP) and the Socialized Housing Alliance Roundtable Endeavour (SHARE), an association of non-government organisations (NGOs) engaged in housing development, reported that teh hikes in price of t...
Chinese manufacturer to enter Sri Lankan market
A Chinese cement manufacturer will set up a plant in the Hambantota Export Processing Zone, Sri Lanka, according to Nalin Bandara, deputy minister of Development Strategies and International Trade. Although the name of the manufacturer has not been released, it is the first time that a Chinese manufacturer has entered the country's market. "Since most of the regional markets have large cemen...
Cement production in Pakistan dips during 5MFY19
Pakistan Bureau of Statistics (PBS) has reportged numbers of quantum index of the Large Scale Manufacturing (LSM) which posted a cumulative decline of 0.90 per cent YoY during 5MFY19, against the growth of 7.66 per cent YoY in 5MFY18. The cement production has also been affected during this period. Pakistan's cement industry recorded a contraction of 0.62 per cent during first five months o...
FDI declines in cement and construction industry in 6MFY19
Pakistan received a total foreign direct investment (FDI) of US$1.31bn during the first six months of FY18-19 (July -Dec), compared to US$1.63bn received in corresponding months of last fiscal year. This translates a YoY fall of 19.17 per cent, says the State Bank of Pakistan (SBP). Out of which, Pakistan's cement and construction industry received foreign direct investment (FDI) of US$312....
Bangladesh cement industry to expand despite rise in raw material costs
The Bangladeshi cement industry is expanding its capacity despite increases in raw material costs. In 2017 the effective capacity of active plants stood at about 50.20Mta, which is estimated to reach about 65Mta by 2019, according to the annual report of MI Cement Factory Ltd. Cement consumption stood at about 27.1Mt in Bangladesh last year. But despite the huge growth of the industry, Bang...
Saudi producers to benefit from Neom Bay construction start-up
Saudi Arabia will start developing the first major area of Neom, the kingdom's multi-billion dollar mega-city, from 1Q19. The founding board of Neom, chaired by Crown Prince Mohammed bin Salman, approved the concept of the masterplan for ‘Neom Bay’ which will be the first residential area to be developed in the city. The construction work will be completed in 2020. The full implementation p...
Work on West Pokot facility set to begin
Cemtech Ltd, a subsidiary of India’s Sanghi Group, has moved construction machinery to begin work on its proposed facility in West Pokot, Kenya, by the end of this month. "We start construction in January now that we have been granted all the required 65 licences and consents," said Rajesh Rawal, Cemtech CEO. "We are deploying a plant that will make cement at the least possible cost and allo...
Former Himal Cement Factory provides land for dry port
The former Himal Cement Factory, which has been shutdown, is providing land for the developing the dry port in Chovar Kirtipur municipality, Nepal, under guidance of the Nepal Intermodal Transport Development Board under the Ministry of Industry, Commerce and Supplies with the loan assistance from the World Bank. The dry port is being constructed in a piece of 11.77ha land allocated by Hima...
Puerto Rican cement sales surge 39% in 2018
Cement sales in Puerto Rico advanced by 38.9 per cent to 14.3m bags of 42.5kg, or 607,750t in 2018. The figure is the highest reported since 2014 and has been attributed mainly to the island’s reconstruction drive following Hurricane Maria. Cement output reached 13.2m bags, or 561,000t, representing a 44.6 per cent rise YoY when compared with 2017, when production volumes fell by 14.2 per ce...
Cement shortage impacts infrastructure projects
The cement supply shortage in Pangasinan, Philippines, has begun to cause delays in the completion of several infrastructure projects, according to the Manila Bulletin. Gerardo de Guzman, district engineer (Pangasinan 3) at the Department of Public Works and Highways (DPWH) noted his concern regarding that only 80 per cent of the road and school building projects were completed by the end of ...
Dispute over land allocation for Moroto cement plant
The Moroto District local government in Uganda has offered more than 228.1ha of land for a cement factory to be built. However, local residents dispute the amount of land that the council owns. The decision to allocate the land to Uganda Development Cooperation-UDC and its partners, TSAVO Engineers and Savanna Mines, was reached during the district council meeting held in November 2018. The U...
Peru's cement market expands 4% in 2018
Cement consumption in Peru increased 5.8 per cent YoY to 1.02Mt in December 2018, according to the latest data from Peru’s cement association, Asocem. Cement production remained largely stable in December 2018 at 906,000t, up 0.9 per cent YoY and 0.6 per cent MoM. Clinker output rose 2.1 per cent YoY to 913,000t and 6.9 per cent MoM from 855,000t. Domestic production was supplemented by ...
Kenya's cement consumption drops by 15% in 9M18
Kenya is stuck in a spiral decline of cement demand with sales continuing to plumit in the first 9M18. According to official data the country's cement consumption fell by 113,096t to 4.13Mt in the first 9M18, compared to 4.24Mt in the first 9M17. Narendra Raval, chairman of Devki Cement group, said: "Cement sales are down 15 per cent." There are various reasons for the decline including a wav...