Cement News tagged: International
New levy to increase input costs for Australian manufacturers
Australian manufacturers and industry groups have warned that a new "biosecurity levy" would increase costs by 3000-5000 per cent on the key inputs for cement production, aluminium and steel. The levy, included in the May budget, is estimated to raise AUD108m (US$78.45m) a year, according to The Australian. Due to start on 1 July 2019, it will see manufacturers pay a AUD1/t levy on non-contai...
Kazakh producer increases cement exports to Uzbekistan
Kazakhstan-based cement producer, SAS-Tobe Technologies, has increased its exports to Uzbekistan. As the first Kazakh manufacturer accredited by the Uzbek Commodity and Raw Materials Exchange, it has sold 1500t of cement through the exchange in two months. The company plans to export more than 50 per cent of its products, about 0.25Mta, to Uzbekistan, according to Business World.
New plant considered for Montenegro
A meeting of Montenegro’s Chamber of Commerce considered the construction of a new cement plant in Pljevlja, which would use the municipality's natural resources. Vlastimir Golubovic, president, noted that the country imported cement to the value of EUR39m in the 9M18, with product worth EUR41.14m imported in 2017. Mr Golubovic also stated that the country's Strategy for the Development of C...
Pakistani cement firms downgraded from MSCI EM Index
Pakistan stock markets may see a repercussion of the MSCI Semi Annual Index Review in the short term. According to market sources, in its November 2018 Semi Annual Review, MSCI has downgraded United Bank (UBL) and Lucky Cement (LUCK) from Standard classification to Small Cap classification. Similarly, Maple Leaf (MCF) and Honda Atlas (HCAR) have been deleted from the Small Cap indexes. Thes...
Argentina's cement demand falls 10% in Oct 2018
Argentina's cement market contracted by 9.6 per cent YoY to 1,040,317t in October 2018, according to the latest data by the country’s cement association, AFCP. Deliveries by the country’s cement producers fell by 8.8 per cent to 1,040,197t while at 120t, imports were a shadow of those in October 2017 (9720t). In addition, domestic cement producers exported 8280t of cement, down 10.5 per ce...
US and Puerto Rican markets expand 6% in August
Total shipments of Portland and blended cements in the USA and Puerto Rico increased by 5.8 per cent in August 2018 when compared with August 2017, according to the latest figures by the US Geological Survey (USGS). In the first eight months of 2018 deliveries rose 4.2 per cent YoY to 65.5Mt. The leading producing states were Texas, California, Missouri, Florida and Michigan, and accounted f...
Domestic demand in Spain up 8%
Cement demand in Spain noted an eight per cent YoY growth in June, according to the Spanish cement association, Oficemen. In addition, cement exports have seen an accelerated decline, falling by 10 per cent YoY. For 2018 the association expects consumption to advance by seven per cent YoY, closing the year with a demand of 13.3Mt.
Kyrgyz Republic produces 1.6Mt of cement in 9M18
Cement producers in the Kyrgyz Republic manufactured 1.6Mt of cement in the first three quarters of 2018, according to GS-Expert. This represents a YoY growth of 36 per cent. Domestic consumption rose seven per cent while exports saw a 420 per cent hike.
APCMA shares mixed figures for 4MFY19
All Pakistan Cement Manufacturers Association (APCMA) while reviewing dispatches, profit and progress of cement industry between July and October 2018 shared mixed figures. APCMA's spokesman said that cement industry's profitability has declined considerably due to an increase in input costs, while the construction sector is not posting the anticipated demand. According to APCMA, loca...
Trinidad Cement helps promote safe building practices
The Tobago House of Assembly and Trinidad Cement Ltd (TCL) collaborated to host a one-day concrete and cement symposium last week to promote best building practices. TCL’s Group Commercial Strategy Advisor, Avalene Mooloo, noted the importance of strong infrastructure in the region. "With the onslaught of the amount of natural disasters that has been occurring in the Caribbean for the last...
Oil-well cement plant launched in Kazakhstan
An oil-well cement plant is set to be launched in Kyzylorda region in December as part of the Industrial and Innovative Development Program. This isa joint Kazakh-Chinese enterprise that will export to Uzbekistan, Kyrgyzstan and Turkmenistan. The cement plant will cost approximately TZT66bn (US$1177.4m) and have a capacity of 1Mta. TOil well cement is in high demand during construction works ...
Vietnam surpasses annual sales targets
The Vietnamese cement industry has surpassed its annual sales target of 83-85Mt in the first 10-months of 2018, on the back of high demand in global markets. The country's industry recorded a 51 per cent YoY increase in sales to 85.23Mt in the 10M18, according to the Ministry of Construction. Exports reached 26.05Mt, rising 65 per cent compared to the year-ago period. Mainland China has becom...
End of Yemeni conflict could provide lifeline for Saudi exporters
CNBC reported that US Secretary of State Mike Pompeo and Defense Secretary Jim Mattis have called for a cessation of hostilities in Yemen and the start of a conflict resolution – if it is indeed one – could open up an opportunity for regional cement players. According to World Bank estimates, Yemen would need over many years and some US$85-90bn for its reconstruction process. According to in...
Myanmar Government invites expressions of interest for new cement plant
The Ministry of Natural Resources and Environmental Conservation (MNREC) is inviting expressions of interest (EOI) from foreign and local investors to conduct detailed feasibility studies and measurement of limestone deposits in Chin State. The government is exploring the possibility of a cement plant being established in Hakha Township on 4300ha of land. "Preliminary studies suggest that the...
Ghana building code is launched
The Cement Manufacturers Association of Ghana (CMAG) has made a comprehensive 'Ghana Building Code' to ensure cement sold in the country is within the standards specified in the code. CMAG's Executive Secretary, Rev Dr George Dawson-Ahmoah believes the code will serve as a check to flush out sib-standard cement on the market. The code was launched by by Vice President, Dr Mahamudu Bawumia. ...
Nepal to be self-sufficient in cement production in 2019
The Cement Manufacturers' Association of Nepal claims that, while the import of clinker has increased due to high production demands, it expects the country to be self-reliant on clinker production from next year. According to Dhurba Thapa, president of Cement Manufacturers' Association Nepal, cement factories in Nepal are now producing 8.5Mta of cement. Currently, there are 53 cement factori...