Cement News tagged: International
Pakistan's cement and construction FDI continue to slide
The State Bank of Pakistan (SBP) has reported a contraction of investment for local industries including cement during 9MFY19. According to central bank, total foreign direct investment (FDI) into country during first nine months of ongoing financial year, July 2018-March 2019, fell by 51.4 per cent. The SBP data shows that the country received investment worth US$1.27m during the first ni...
Indonesian cement sales edge up 3% in 2M19
Total cement deliveries by Indonesian cement producers advanced 2.6 per cent in the first two months of 2019 to 11.216Mt when compared with 10.93Mt in the 2M18, according to the latest data from the Indonesian Cement Association, ASI. While domestic sales were only 0.3 per cent higher YoY at 10.547Mt in January-February 2019, export sales during the period. surged by 62 per cent YoY to 668,8...
Ebonyi plant receives government approval
The establishment of Ebonyi Cement factory (EBOCEM) at Okpoto, Ishielu, Nigeria, has been approved by Ebonyi State Governor, David Umahi. Meanwhile, a committee that will be led by the Commissioner for Solid Materials, Eng Francis Orji, has been set up to implement the plan. The government will hold a 10 per cent stake in the venture.
US Portland and blended cement market expands 11% in January
Total shipments of Portland and blended cement in the USA and Puerto Rico advanced 11 per cent YoY to 6.4Mt, according to the US Geological Survey (USGS). A combined 49 per cent of these were accounted for by the five leading cement-consuming states – Texas, California, Florida, Georgia and Arizona. The leading producing states were Texas, California, Florida, Missouri and Alabama. Masonry c...
CCJ rules in favour of reducing tax on imported hydraulic cement
The Caribbean Court of Justice (CCJ) has ruled that the regional tax, known as the Common External Tariff (CET), payable on cement categorised as ‘other hydraulic cement’ should be set at five per cent. The ruling endorses a rate that is a fraction of the 60 per cent tariff that Barbados-based Rock Hard Cement had once paid on imports from Portugal and Turkey, according to the Jamaica Gleaner....
Peruvian cement market expands 5% in March
Peru’s cement consumption advanced 4.8 per cent to 0.931Mt in March 2019 when compared with March 2018, according to the country’s cement association, Asocem. The figure includes 105,500t of cement imports, up 116 per cent from 48,900t in March 2018. Peru also imported 32,500t of clinker, representing a 63 per cent fall YoY when compared 87,400t in the equivalent period of the previous year....
Brazilian cement demand edges up 1% in 1Q19
Brazil’s cement sales increased 1.3 per cent YoY to 12.7Mt in the 1Q19, according to preliminary data from the country’s cement association, SNIC. The modest rise in demand has been driven by the real estate sector as federal and state governments have seen a low level of investments. "The indicators of real estate financing continue to advance, which leaves us optimistic to project growth ...
Tajikistan increases output by 9% in 1Q19
Tajikistan has produced around 843,000t of cement in the first three months of 2019, an increase of nine per cent from 747,000t last year, according to Asia-Plus. Almost 85 per cent of local production was split between Chzhungtsai Mohir Cement, Huaxin Gayur Cement and Huaxin Gayur Sughd Cement in the 1Q19, while Tojik Cement accounted for just 6.4 per cent. Nearly 36 per cent of domestica...
Infrastructure projects lead to shift in Indian cement demand
The Indian government’s infrastructure drive is leading to a shift in demand for cement. The last few years have seen cement demand for the infrastructure sector advance by five per cent with the share of the housing sector in total cement consumption falling, according to the Business Standard. Infrastructure now accounts for 20 per cent of cement demand, according to HM Bangur, managing di...
A rejuvenated Kazakhstan cement market?
This week Steppe Cement reported its 1Q19 business results with an exceptionally-strong performance when compared with the 1Q18. The market leader increased its market share to 17.4 per cent on the back of strong cement demand and price rises. Steppe Cement reported ex-works prices rising to KZT13,614/t (US$35.93/t) of cement. Ambitious construction projects drive cement demand Underlyi...
Zimbabwe's construction contracts in 4Q18
Zimbabwe's construction industry contracted by 6.3 percentage points last year. A Treasury report cited cement shortages and high prices of construction materials for the slowdown. The construction sector registered 7.7 per cent growth in 4Q18 having been revised down from a Treasury forecast of 14 per cent growth. "The construction industry boom that was being experienced in the economy d...
GCCA teams up with Concrete Sustainability Council
The Global Cement and Concrete Association (GCCA) has announced that it is formally joining the Concrete Sustainability Council (CSC) – adding its support to the certification system for the sustainability performance of concrete plants and their supply chain across the globe. The CSC is the industry-recognised authentication system, with more than 160 plants certified to its standards acros...
Cameroon cement industry reaches sales of XAF191.9bn in 2018
Cameroon’s four cement producers achieved a total turnover of XAF191.9bn (US$330.4m) in 2018, according to sources in the country’s tax administration. Market leader Dangote Cement Cameroon sold 1.2Mta of cement, resulting in a sales figure of XAF86.4bn. LafargeHolcim-owned Cimencam increased its revenues to XAF70.7bn following the inauguration of its new 0.5Mta Nomayos plant in Yaoundé su...
Spain’s cement demand up 6% in February
Cement demand in Spain, as measured by Oficemen’s Cement Demand Index, has increased 6.1 per cent YoY in February. In the March 2018-February 2019 period total cement consumption in Spain reached 13.4Mt. Cement and clinker exports fell 12.7 per cent to 7.9 per cent YoY in the February 2018-January 2019 period.The rise in CO 2 emission rights prices and the increasing power costs continue ...
Philippine cement shortage expected to delay construction
The current shortage of cement in the Philippines is likely to delay construction projects, according to Pronove Tai International Consultants. The property consultants estimated that the lack of cement could be expected to result in a 30 per cent delay in building completions in Metro Manila. "Our thinking is that the cement shortage will cause impact for the entire year unless government...
Powtech 2019 draws in the crowds
Powtech 2019, the leading exhibition for experts in the powder and bulk solids technology, began at the Nuremberg Exhibition Centre, Germany, on Tuesday. The conference features booths from the leading suppliers of bagging and packaging, bulk materials handling, dust control, grinding and laboratory equipment to the cement industry. Delegates make their way to Powtech 2019, the leading ...