Cement News tagged: International
PCA welcomes bipartisan infrastructure deal
The Portland Cement Association's (PCA) Senior Vice President of Government Affairs, Sean O’Neill, has released the following statement regarding the USA's bipartisan infrastructure package. "PCA, representing America’s cement manufacturers, applauds the White House and the bipartisan group of 21 senators for reaching a deal on a US$953bn infrastructure package. America's economic vitality de...
Cement sales in Dominican Republic decline 5% in 2020
Cement sales in the Dominican Republic fell by five per cent to 4,446,706t in 2020 from 4,703,347t in 2019, according to the country’s cement association, Adocem, in its newly-published 2020 annual report. Cement production declined 8.4 per cent to 5,168,969t in 2020 from 5,644,176t in the previous year. This represents a capacity utilisation rate of 74.6 per cent, down from 81.5 per cent in...
Cement sales in Puerto Rico up 12% in May
In May 2021 cement sales in Puerto Rico increased 12 per cent YoY to 59,266t, according to the country’s Economic Development Bank. In the first 11 months of the FY21 639,566t of cement were sold. This represents an advance of 39.2 per cent when compared to 460,487t sold in the 11MFY20, as well as the highest volume since 2014. In 2020 sales in the Puerto Rican market rose 2.8 per cent YoY ...
Peru’s cement demand sees 228% hike in May
Peruvian cement producers dispatched 1.062Mt of cement in May 2021, representing a 228 per cent increase YoY from a low base due to the COVID-19 pandemic. When compared with May 2019 there was a 14 per cent advance. Asocem members dispatched 0.98Mt of cement in May 2021, up 283 per cent YoY and up by 15 per cent when compared with May 2019. Cement production surged 228 per cent YoY to 1.062M...
Fiscal budget to offer incentives in Bangladesh cement industry
Bangladesh’s National Budget for 2021-22 (July 2021-June 2022) was presented by Minister of Finance, A H M Mustafa Kamal, in Parliament on 3 June. During his speech, the minister acknowledged that cement, iron and iron products are the critical components of infrastructural development. Therefore, if tax incentive is provided to these industries engaged in producing these items, developmen...
Iranian cement market expands 28% MoM in May
Iranian cement consumption in May 2021 reached 5.78Mt. This represents a 28.4 per cent MoM increase from 4.5Mt in April 2021. In addition to domestic deliveries, producers exported 0.34Mt of cement, down 26.1 per cent MoM, and 0.79Mt of clinker, up 3.9 per cent MoM. The country’s cement plants produced 6.1Mt of cement in May 2021, a 21 per cent increase when compared with April 2021, when c...
Pakistan's Federal budget 2021/22 has benefits for cement industry
Pakistan’s Finance Minister, Shaukat Tarin, presented the PKR8.48trn (US$54bn) federal budget for 2021-22 in the National Assembly last week. The government had set the GDP growth target at 4.8 per cent against the expected 3.9 per cent for the outgoing financial year. In addition, Islamabad allocated a considerable fund for Public Sector Development Programme (PSDP). These indirect incentive...
Cement prices rise in Tamil Nadu
Cement prices in India’s state of Tamil Nadu have reportedly climbed over the past few months. Builders in the state have claimed a 13 per cent price hike from INR460 (US$6.27)/bag in May to INR520/50kg bag in June, according to The Hindu. Research firm Emkay has also stated there has been a 20-22 per cent rise in prices in the state from FY20 to FY21. Real estate developers are noting that...
Vietnam market expands 16% in April
Cement dispatches in Vietnam reached 6.551Mt in April 2021, up 16 per cent YoY, according to the Vietnam Cement Association (VNCA). VICEM reported a 17 per cent YoY rise in sales to 2.26Mt while its affiliated companies saw a six per cent YoY uptick to 1.661Mt. Other Vietnamese producers supplied 2.63Mt, up 22 per cent when compared with April 2020. Exports advanced 79 per cent YoY to 4.323M...
Rock Hard Cement to increase cement price
Caribbean cement importer Rock Hard Cement announced it will be increasing its price for cement from 1 July 2021. The company cited rising global prices along with the volatility of shipping in the second half of the year, according to the Daily Express. Meanwhile, Trinidad Cement Ltd confirmed that it has not supplied any cement to local distributors and retailers since 8 May, except for di...
Brazilian market expands 14% in May
Cement sales in Brazil advanced 13.6 per cent YoY to 5.465Mt in May 2021 from a low base of 4.809Mt in May 2020, reported the country’s cement association, SNIC. Real estate work continues to drive the market as well as residential and commercial renovations. The drop in interest rates, simplification and reduction of bureaucracy and new credit lines have supported the purchase of real estat...
Moroccan deliveries up 69% in May
Cement deliveries by members of Morocco’s cement association, APC, were up 68.5 per cent to 882,785t in May 2021 from 523,848t in May 2020, according to data published by the Ministry for Housing and Urbanisation. In the first five months of 2021 total deliveries reached 4,446,117t, representing a 25.4 per cent increase from 4,342,862t in the January-May 2020 period.
Chile’s cement market expands 32% in April
Cement dispatches in Chile saw a 31.5 per cent hike to 352,817t in April 2021 when compared with 268,319t in April 2020, according to the Chilean Chamber of Construction, CChC. When compared with March 2021 they declined by 8.4 per cent. In the January-April 2021 period total dispatches increased 12.6 per cent to 1,436,291t from the 4M20, when deliveries were at 1,276,105t.
UK builders merchant announces cement shortages
Travis Perkins is warning that around 40 per cent of its branch network does not have enough cement to supply UK customers. Travis Perkins Chief Operating Officer, Frank Elkins, predicted that cement shortages were unlikely to ease before the end of the year. Lead times on bagged cement have extended from around two days to two weeks, and Travis Perkins was now looking at supply chain...
Argentina's cement market expands 35% YoY in May
Cement consumption in Argentina declined 7.8 per cent MoM to 874,187t in May 2021 but surged 34.8 per cent YoY from 648,543t in May 2020, according to AFCP, the national cement association. Market demand was entirely supplied by domestic cement plants, which produced 884,204t of cement in May 2021. This represents a 35.4 per cent advance YoY from 653,116t but a 7.5 per cent drop MoM from 955,...
Cement sales stabilise in South Africa in the 3Q20
Sales of cementitious products in South Africa edged up 0.3 per cent in the third quarter of 2020 to 3,457,438t when compared with 3,447,822t in the 3Q19, according to Levitt Kirson Business Services Pty Ltd. This followed a 42.5 per cent YoY drop in the 2Q20, when dispatches declined to 1,877,298t from 3,264,718t in the 2Q19. Sales in the 9M20 reached 7.719Mt, down 19.7 per cent when compar...