Cement News tagged: International
Peru’s cement demand up 2% in November
The Peruvian cement market expanded 2.1 per cent YoY in November 2019 with total sales of 1.048Mt (November 2019: 1.026Mt), according to Peru’s cement association, Asocem. Cement production increased three per cent YoY but fell 5.1 per cent MoM to 928,000t in November 2019 while at 845,000t clinker output decreased by 1.1 and 4.1 per cent when compared with November 2018 and October 2018, re...
Increased FDI inflows in Pakistan yet to positively impact cement
According to data of the State Bank of Pakistan, Pakistan has received a net total foreign direct investment (FDI) of US$850.01m during first five months of current financial year (July and November 2019), compared to US$477.3m received in same months of the previous year. This represents an increase of 78 per cent YoY, mainly due to a high inflow from Norway and China between July and Novembe...
PPC joins the WCA as a Corporate Member
The World Cement Association (WCA) has welcomed PPC as a corporate member. Speaking about PPC's desire to join the WCA, Roland van Wijnen, CEO of PPC said: "We expect that WCA will help us to leverage and expand our existing expertise to achieve best practice in cement operations for the benefit of our customers and to further improve our environmental performance. "Through WCA, we are ...
Indonesian cement sales up 9% YoY in November
Cement sales in Indonesia increased 9.5 per cent in November to 7.088Mt in November 2019 when compared with November 2018, according to data supplied by Semen Indonesia. Sales in Java advanced 6.6 per cent to 3.873Mt from 3.633Mt in the previous year, buoyed by improved deliveries in West Java, which rose to 1.152Mt (+17.9 per cent). Gains were also note in Jakarta (+5 per cent), Central Java...
Pakistan's government allocates more funds for development
The cement industry in Pakistan has welcomed the federal government decision to release PKR298bn (42.5 per cent), including PKR61.75bn (US$1.29bn) of foreign aid (48.13 per cent) for various ongoing and new development projects under the Public Sector Development Programme (PSDP) 2019-20 against the total budgeted allocation of PKR701bn. This positive news has pushed up the prices of cement ...
US-Puerto Rico Portland and blended cement shipments up 13% in September
Total shipments of Portland and blended cement in the USA and Puerto Rico advanced 13 per cent in September 2019 to 9.4Mt, when compared with September 2018, according to the latest data from the US Geological Survey (USGS). The leading consuming states were Texas, California, Florida, Ohio and Georgia, which made up 37 per cent of total market demand. The leading producing states were Texas, ...
Punjab to ease issuance of NoC for cement plant in province
Pakistan's cement industry welcomes the provincial government of Punjab's move to ease the processes of approval in setting up a cement plant in province. According to media reports, Provincial Minister for Industries and Trade, Mian Aslam Iqbal, has said that the Punjab government has lifted the 12-year ban on the cement industry, which is expected to see an improved performance and contribit...
Sri Lankan cement price falls
The price of cement produced in Sri Lanka declined due to the reduction of value-added and other taxes, reports the Colombo Gazette. State Minister of Internal Trade and Consumer Welfare, Anura Priyadarshana Yapa, said that the price of cement has decreased by LKR100 (US$0.55)/50kg bag. A 50-kg bag of cement is currently being sold for a price between LKR1050 and LKR1095 to. This includes ...
Ban on new cement plants lifted for Punjab
The Provincial Minister for Industries & Trade, Mian Aslam Iqbal, has announced that the government for Punjab, India, has lifted a ban on the cement industry after 12 years. The minister revealed this while presiding over a meeting that was held to review investment in the cement industry and installation of new plants in the province, according to the Business Recorder. Mr Iqbal noted tha...
China sees strong cement demand at the end of 2019
A financial data provider has reported that average prices of cement in big Chinese cities have picked up 15 per cent since September, ending eight months of decline. The central government also lowered capital requirements for infrastructure projects such as railways, ports and toll roads. Cement consumption in the fourth quarter in China exceeded expectations . "There is a pronounced reboun...
Saudi sales increase 24% YoY in November
The sales of 17 cement companies in Saudi Arabia amounted to 4.27Mt in November 2019, a 23.8 per cent YoY increase compared with 3.45Mt in the year-ago period, according to a report by Yamama Cement. Cement production rose by 22 per cent YoY to 4.3Mt during the period, against 3.54Mt in November 2018. Inventories showed modest growth to 1.22Mt from 1.18Mt. Southern Province Cement Co re...
Puerto Rican sales slip 3% in November
Cement sales in Puerto Rico slipped 2.9 per cent to 46,236.3t (1.084m bags of 42.6kg) in November 2019 when compared with November 2018, when 47,630.6t (1.117m bags) were sold, according to data released by the Economic Development Bank of Puerto Rico. Output from Puerto Rican cement plants increased by 27 per cent in November 2019 to 46,760.7t (1.097m bags) from 36,821.9t (0.864m bags) in th...
Venezuela's construction industry stalls in 2019
The president of the Venezuelan Chamber of Construction (CVC), Mauricio Brin, has said that the sector will close 2019 with a fairly negative balance sheet, due to a continuing decline in construction works. "Public construction is stalled and in the private area only some office buildings, specifically those that are in Caracas, Valencia and other capitals nationwide," said Mr Brin. The...
Bangladesh cement industry to grow 10%
Bangladesh's cement industry continues to show double-digit growth in 2019 as indicated by the available data to date, according to the annual report of MI Cement Factory Ltd. The company estimates that the year will close with the domestic cement market growing by 10 per cent. According to recently released report, demand for cement in Bangladesh during 2018 was around 31Mt and therefore, f...
Brazilian cement market expands 4% in November
Cement sales in Brazil increased 3.9 per cent YoY in November to 4.7Mt, according to SNIC, the country’s cement association. Apparent cement consumption, which includes imports, totalled 4.7Mt, up 3.5 per cent YoY, in November 2019. SNIC attributed the rise in sales to the recovery of the real estate sector. "The number of new residential launches accumulated an increase of 17 per cent until ...
10Mta of new cement capacity to come on-stream in Pakistan
A big number of capacities will be added in Pakistan's cement industry, later this month and in early next year, according to market analysts. Current capacity projects are forecast to add around 10Mta of extra capacity to the present 59.42Mta. This is expected to lead to higher levels of competition and price wars in the coming year. According to IMS Research, from December 2019 onwards, ...