Cement News tagged: International
Vietnamese production estimated to have risen 9% in August
Vietnam is estimated to have produced 7.9Mt of cement in August, an increase of 8.7 per cent YoY, according to the latest data from the country’s General Statistics Office. Therefore, the country’s total output in the first eight months of this year is likely to have advanced 7.6 per cent YoY to 63.1Mt.
Pakistan's FDI slips in July 2019
Pakistan received foreign direct investment (FDI) of US$168.4m in July 2019, compared to US$264.6m received in July 2018. This represents a fall of 36.4 per cent YoY. The drop in FDI also affected investment in the construction and cement sectors in the country, according to a report of the State Bank of Pakistan. The breakdown shows cement attracted investment of US$4.1m and construction ...
CNBM expects demand to increase in the 2H19
China’s CNBM is expecting domestic cement demand in the 2H19 to increase from the first half, alongside pricing improvements compared to the previous year, due to the traditional peak construction season being in the second half, according to Cao Jianglin, chairman. When asked about the potential impact of trade wars on the company business, Mr Jianglin noted that he foresaw a limited impact...
Cemex Poland to supply deep diving pool project
Cemex is participating in the construction of the deepest and largest diving pool project called 'Deepsot', near Warsaw, Poland. Cemex's Rudniki cement plant near Czestochowa will supply CEMIII/A 42.5 to enable the contractor, Budokrusz SA to produce two classes of structural concrete for the 45m deep pool that can accommodate 8000m 3 of water. The pool is for professional and novice divers,...
Kenya's cement exports decline 65% in 1H19
Kenya’s domestic cement exports have recorded a 65.3 per cent decline in value to KES362.28m (US$3.5m) in the first six months of the year, against KES1.04bn in the 1H18, according to preliminary cement exports statistics from the Central Bank of Kenya (CBK). The country’s cement exports have been declining since 2015, with the decline attributed to new grinding plants and brownfield grindi...
Iraq approves investment to reconstruct Kufa cement plant
Iraq’s Finance Ministry has approved a US$60m investment to reconstruct a government-owned cement plant in the south-central Najaf governorate, according to Zawya. Work on the rehabilitation and rebuilding of the Kufa cement plant is expected to begin once the funds are released within the next few days. Fadhil Al-Fatlawi, a member of the Parliament's Labour and Social Affairs Committee, has ...
Senegal’s 1H19 cement output largely stable 3.543Mt
The production of cement in Senegal remained largely stable YoY at 3,543,100t in the first half of 2019, according to Sahel Intelligence. In the 1H18 output from the country’s cement plants reached 3,546,000t. However, output in June increased by six per cent to 588,100t when compared with 555,000t reported for June 2018.
Vietnamese cement deliveries advance by 30% in July
Cement dispatches by Vietnamese producers surged by 30 per cent YoY to 8.08Mt in July, according to data by the Vietnam National Cement Association (VNCA). When compared with the previous month, deliveries were up eight per cent. Domestic sales improved by 21 per cent to 5.794Mt when compared with July 2018. VICEM saw its sales increase by 15 per cent YoY to 1.878Mt while its joint-ventures ...
Pakistan's local dispatches hit by tax measures
Pakistan's cement industry is still facing number of challenges in terms of local dispatches and profitability due to stringent tax measures taken in the federal budget 2019-20 to overcome the country's current account deficit and meet the pre-conditionality of the IMF package. Other factors also hurting cement industry, including the high cost of doing business, interest rate hike, increas...
Dominican Republic cement market expands 5% in 1H19
Cement sales in the Dominican Republic increased 5.2 per cent YoY in the January-June 2019 period, according to the country’s cement association, Adocem. Output from domestic cement plants rose by 2.7 per cent YoY to 2.812Mt in the same period. For the full-year, forecasts indicate that cement production will increase by eight per cent YoY to 4.8Mt in 2019. "The Dominican Republic has gone ...
Peruvian cement market expands 9% in July
Peru’s cement consumption increased 9.1 per cent YoY to 983,000t in July 2019 when compared with the previous-year’s equivalent month, which saw demand at 901,000t, according to the country’s cement association, Asocem. Output from Asocem members edged up by 4.9 per cent to 858,000t in July 2019 when compared with an output of 818,000t in July 2018. Domestic supply was supplemented by 52,10...
Afghanistan to complete two cement plants
Afghanistan is preparing to invest in its cement industry by completing two cement plants. The Afghan Ministry of Mines and Petroleum has reported that progress has been made in discussions on major investment projects worth US$350m. The projects include investment in second phase of Jabal Siraj cement factory (US$170m) and Samangan cement factory (US$136m).
Flexicon (Europe) Ltd opens French office
Bulk handling equipment supplier Flexicon (Europe) Ltd has opened a new office in France to provide factory-direct sales and application engineering service to customers in Dijon and surrounding regions. The new office will be headed by Emmanuel Decoeur, regional sales manager. Headquartered in the USA, Flexicon are a leading producer of bulk handling equipment offered throughout Europe sin...
PCA Summer forecasts suggests 2.3% growth in US cement consumption
The Portland Cement Association (PCA) has released its summer forecast for the US cement sector with its near-term projections largely unchanged since PCA's Spring outlook. Cement consumption is expected to grow 2.3 per cent in 2019 and 1.7 per cent in 2020. Overall, slightly softer economic growth, suggests a gentler interest rate pattern as well as slightly less robust conditions in the l...
Indonesian cement industry down 2% in 1H19
The Indonesian Cement Association has reported that domestic cement sales volumes in the 1H19 dropped 2.2 per cent YoY to 29.4Mt due to weaker demand from Java (-2.8 per cent YoY) and Sumatra (-6.3 per cent YoY). This is likely to have been the result of a weak property sector, which accounted for around 70 per cent of the country's cement demand, coupled with delays in construction due to the...
Tajikistan's cement output up in 7M19
Tajikistan has announced that around 2.328Mt of cement was produced in the country over the first seven months of 2019. According to the Ministry of Industry and New Technologies, this is around 209,000t higher than in January-July 2018. In 2018, the Tajik cement industry produced over 3.844Mt of cement, a 23.3 per cent YoY increase.