Cement News tagged: International
September is a blessing for Pakistan cement producers
All Pakistan Cement Manufacturers Association (APCMA) has released September 2019 data, which indicates industry posted real growth as the total dispatches increased by 11.5 per cent compared with the corresponding period of last year, with both local consumption and exports increasing in double-digits. Dispatches advanced to 4.27Mt when compared with 3.829Mt dispatched in September 2018. Ou...
Costa Rica to introduce 5% cement tax
All Costa Rican cement, whether produced within the country or imported, will produce a communal tax of five per cent, according to a bill that seeks to eliminate a distortion in the market. The tax is currently only applied to companies that produce cement in Guanacaste, Cartago and San José. This puts the product of two of the country’s three cement companies at a disadvantage when compare...
Cement companies' scripts attracting investors in Pakistan
A number of Pakistan cement sector companies listed on the Pakistan Stock Exchange (PSX) are performing well on heels of good news for the last two days. According to local research house market reports, the PSX 100 Index gained another +109.03pts or +0.34 per cent in 2 October session, thanks to a late session rally in Financials (+1.16 per cent) and Materials (in particular cements). Cem...
Vietnam cement sales edge down 4% in August
Total cement sales by Vietnamese producers slipped four per cent to 8.091Mt in August 2019 when compared with the year-ago period, according to data by the Vietnam National Cement Association (VNCA). Compared with the previous month’s sales of 8.087Mt, they remained largely stable. Of this total, domestic sales totalled 5.175Mt, down five per cent YoY. VICEM saw sales decline by seven per ...
Attock Cement's perceptions for Pakistan's cement industry
Top officials of Attock Cement Pakistan Ltd (ACPL) presented a pictorial review of Pakistan cement industry in local bourse house on 30 September. Muhammad Rehan, chief financial officer and Muhammad Irfan Amanulah, senior general manager and company secretary, highlighted the company performance, issues negating to industry's profitability and future outlook. Cement sales The sale of cem...
Vietnam HCMC proposes addressing illegal cement capacity expansion
The People’s Committee of Ho Chi Minh City has asked the Ministry of Construction to handle some cement producers in the city due to their illegal capacity expansion, which was detected by the ministry’s inspection team earlier, according to Viêt Nam News. A branch of Thang Long Cement JSC was allowed to produce 1.25Mta, but the unit has increased its total capacity to 1.4Mta since 2011. ...
Cemtech Europe highlights cement sustainability targets
Cemtech Europe 2019 opened today at the InterContinental Hotel in Berlin, Germany. Taking place as global sustainability targets tighten, the conference agenda will closely examine the current market trends and environmental targets of the European cement industry. Cemtech Europe 2019 opened today at the InterContinental Hotel in Berlin, Germany, highlighting the sustainability achie...
Pakistan cement production remains flat in July 2019
The data of large-scale manufacturing industries (LSMI) shows a negative trend in Pakistan's manufacturing sector in July 2019, including cement industry, says Pakistan Federal Bureau of Statistics. The LSMI output decreased by 3.3 per cent for July 2019 compared to July 2018 and increased by just under one per cent per cent when compared to June 2019. The production in July 2109 as compared...
Macau sees slowdown in industrial sector for 2018
The revenue of Macau’s industrial sector fell 4.1 per cent to MOP11.07bn (US$1.37bn) in 2018, according to the SAR’s statistics service. Furthermore, the expenditure of the sector decreased four per cent to MOP7.96bn. The revenue of cement and concrete manufacture dropped 16.5 per cent to MOP1.21bn for the year. This marks the fourth-consecutive year of decline on the back of a continued slow...
Pakistan’s Peshawar High Court dismisses opposition to new cement plants
The Peshawar High Court of Pakistan dismissed writ petitions filed against the establishment of 16 cement factories. The petitioners sought a court order to declare that the provincial government had decided unlawfully to allow the construction of new cement plants in the province. However, counsel for the plant owners, submitted that all the legal requirement had been fulfilled and inter...
WCA appoints two joint chairmen
The World Cement Association (WCA) has appointed two new Joint Chairmen, Cui Xingtai of China United Cement Co (CUCC) and Vincent Lefebvre of Cem'In'EU. Mr Cui has been Chairmen of CUCC since 2005 and Vice President of CNBM since 2009. Mr Lefebvre has dual experience as an international group executive with Holcim and start-up founder of Cem'In'EU.
Puerto Rican cement sales fall 11% in August
Cement demand in Puerto Rico decreased 11.4 per cent in August, continuing a seven-month period of decline. In August 1.12m bags of 94lb (42.5kg), or 47,600t were sold. Cement output slipped 2.4 per cent YoY to 1.06m bags – the sixth fall in seven months, according to Sin Comillas. In 2018 domestic cement sales were up 38.9 per cent YoY to reach 14.3m bags (607,750t) – the first rise since...
Spain's cement demand slips, exports drop 25% in August
Cement demand in Spain declined 1.4 per cent YoY to 1,089,617t in August, according to Oficemen, the country’s cement association. In addition to lower domestic sales, exports have dropped by a quarter, registering a fall for 27 consecutive months. In the first eight months of 2019 cement consumption increased 9.3 per cent YoY to 9,749,344t with exports decreasing 23.4 per cent. “An even mor...
US and Puerto Rican market contracts 2% in June
Total Portland and blended cement shipments (including imports) in the USA and Puerto Rico in June 2019 fell by 2.4 per cent to 9.1Mt when compared with June 2018, according to the US Geological Survey (USGS). A combined share of 38 per cent of shipments was received by Texas, California, Florida, Ohio and New York. Masonry cement shipments in June 2019 totalled 202,000t, down 6.1 per cent Y...
CMM plant starts operations
Ciment et Matériaux du Mali (CMM) has officially launched its cement business, announcing the first bags for sale by 15 October from its cement plant in Diago, Mali. CMM started the construction of the 0.5Mta unit in 2017. The XOF20bn (US$33.4m) new plant will create 150 direct jobs and 1500 indirect jobs.
Indonesian market contracts, exports rising in August
Cement deliveries in Indonesia slipped by 3.2 per cent YoY in August 2019 to 6,323,297t from 6,532,840t in August 2018, according to data by the Indonesian cement association, ASI, cited by Semen Indonesia Group. Demand in the key market of Java declined 4.4 per cent YoY to 3,531,413t while in Sumatra, the country’s second-largest market consumption the fall was of the same order, to 1,357,8...