Cement News tagged: International
Southern Province faces further delays to mill project
Southern Province Cement Co said that further to its announcement on April 29 2009, regarding the delay of the operation of the third mill in Jazan plant, there will be a delay of the project for further four months for reasons beyond its control.
Spain: eight month consumption down 34.3% YoY
Spanish cement consumption for the first eight months of 2012 has declined by 34.3 per cent YoY to 9.56Mt, according to the latest data from Spanish cement association Oficemen. In August alone, demand was down 33.6 per cent YoY to 1.13Mt. Exports, on the other hand, increased by 48.9 per cent compared to the same month of 2011. In the last 12 months, exports have totalled 5.22Mt (of which ...
Cemex to increase Philippine capacity
Cemex announced today that it is planning to expand the cement production capacity of its APO plant in the Philippines by 1.5Mta. Through an investment of approximately US$65m, the company will increase production and strengthen its distribution network to better serve high-demand areas throughout the country. The increase is expected to be operational by the first quarter of 2014. With this...
Vietnam production declines 2% YoY
Vietnam produced 31.59Mt of cement in the first eight months of this year, down two per cent from a year earlier, the Vietnam National Cement Association (VNCA) said. In August, the country’s cement output decreased 12 per cent from July to 3.77Mt. By the end of August, the country had an inventory of 630,000t of cement and 2.12Mt of clinker due to the stagnant real estate market. Cement sa...
Reliance Cement launches into the Indian cement market
Reliance Infrastructure Limited (RInfra), part of the Anil Ambani led Reliance Group, through its subsidiary Reliance Cement Company Private Limited (RCC), launched of its "Reliance Cement" brand on Monday. This marks the commercial entry of Reliance Group into the Indian cement market. "We are happy to announce the launch of Reliance Cement. It is a landmark event in the Indian cement indust...
Peru dispatches rise 16.8%
Shipments of cement in the Peruvian market totaled 6,098,738t from January to August 2012, 16.84 per cent more than the same period of 2011 (5,219,828t), the Association of Cement Producers (Asocem) has reported. During the period cement production was 6,235,813t, representing an increase of 14.62 per cent compared with the same period of 2011, when it was 5,356,112t. As of August expor...
Indian producers signal possible price hike
Indian cement producers have indicated that prices may have to be hiked to absorb increased freight charges as diesel prices are hiked. Speaking to the Hindu, JK Lakshmi Cement Whole-time Director Shailendra Chouksey said: “The increased freight is not only going to impact the distribution of finished goods but also on a total of 3Mt freight. I don’t think the industry is now in a position ...
Morgan Stanley sees China recovery from 4Q12
Morgan Stanley (MS) believes that the China cement industry showed some early signs for recovery, noting that prices have stopped declining on rising property construction following accelerating land sales. In addition, land sale revenue can help governments on construction capital. Therefore, MS believes that cement demand has turned steady, and a recovery can be expected in 4Q12 - 2013. ...
UK construction activity contracts 10.1% in 2Q12
UK construction sector activity was down 10.1 per cent in the year to July, official figures from the Office for National Statistics (ONS) said. The three months between May-July also saw a drop in output of 10 per cent YoY, the ONS data showed. But the ONS said that it was important to bear in mind that May's activity was higher than usual because a bank holiday was moved to June. In ...
Global market outlook
Analysts at Jefferies International have recently provided an update on their expectations for global cement markets. While prospects for the US are improving, emerging markets are beginning to face uncertainties and the outlook for Europe is weaker than it previously anticipated. US markets have performed stronger than expected in 2012, having risen 15 per cent in the first half to 37Mt. W...
Katavsky Cement sets new production record, Russia
Katavsky Cement, part of Russian market leader Eurocement Group, produced 146,008t of cement in August 2012, surpassing last year’s record of 138,005t. According to these figures, the company’s plan was exceeded by 12.3 per cent. For the eight months to August 2012, the plant manufactured 782,595t, 3.9 per cent above the company’s projected target. This is also a 19.2 per cent increase over ...
Siam Cement sees 10% rise in domestic demand, Thailand
Siam Cement Group (SCG) expects domestic cement consumption to be double than its earlier forecasts for 2012 as demand is on the path of recovery. Kan Trakulhoon, the president and chief executive, said capacity utilisation at SCG, the country's largest cement maker, this year will be on a par with last year at 18Mt or 78 per cent of its overall production level. He said the company aims...
Ship faces detention in Ireland over claims of unpaid wages
A ship carrying cement was facing detention in Drogheda on the east coast of Ireland last night due to an almost €80,000 in alleged unpaid crew wages, according to reports in the Irish Times. The MV Julia’s nine -man crew from Ukraine, Russia and Lithuania had not been paid since May, International Transport Workers Federation co-ordinator for Ireland and Britain Ken Fleming said. The men w...
Brazilian monthly sales up 7.3 per cent YoY
Cement consumption in the Brazilian market totaled 6.3Mt in August, representing a rise of 7.3 per cent YoY, data from Sindicato Nacional da Indústria de Cimento (SNIC) shows. August 2012 sales were up 4.2 per cent on a month-on-month basis from July 2012. Total domestic shipments for the first eight months of 2012 reached 45.17Mt, representing a YoY increase of 8.5 per cent, the associatio...
Qassim Cement to add new line, Saudi Arabia
The management board of Saudi cement producer Qassim Cement Co (QCC) approved at a meeting on Monday the installation of a new production line with a daily production capacity of 5500t. The company said the move is in line with its efforts to meet growing demand. (Source: SeeNews Middle East & Africa).
Argentina sees August declines
In August 2012, Argentina cement producers shipped 860,601t, including exports, a decrease of 5.6 per cent from July and down 16.5 per cent on August 2011. The latest data from Asociacion de Fabricantes de Cemento (AFCP) shows domestic shipments in August reached 841,124t, representing a decline of seven per cent from the previous month and a fall of 16.6 per cent compared to August 2011. ...