Cement News tagged: International
Peru cement demand slips 3.5% in 2015
Peru’s cement dispatches remained stable in December 2015 as they reached 881,000t while total dispatches edged up one per cent to 928,000t, according to Asocem, the country’s cement producers’ association. Output fell by 0.2 per cent YoY to 931,000t. Full-year figures show domestic cement deliveries down by 3.5 per cent to 9.978Mt while total sales were down by three per cent to 10.332Mt....
Canada cement production down 12.2% MoM
Cement manufacturers in Canada produced 1.11Mt of cement products in November, down 12.2 per cent from October, according to the country's national statistical agency. Data from Statistics Canada show domestic cement shipments fell 15 per cent from October to 1.08Mt in November. Including imports, shipments were down 19.9 per cent to 1.10Mt.
Uzbekistan: Akhangarancement sees rise in full-year rise in output and shipments
Uzbekistan-based A khangarancement JSC produced 1.771Mt of cement in 2015, representing a 4.1 per cent YoY rise, parent company Eurocement Group said. Clinker production through the year was up by 3.4 per cent to 1.282Mt. Shipments in 2015 totalled around 1.772Mt of cement, an increase of three per cent compared to a year earlier. Akhangarancement JSC operates one integrated plant loc...
Vietnam sales up three per cent in 2015
Companies in Vietnam sold 72.71Mt of cement and clinker in 2015, rising three per cent from a year earlier and exceeding the whole-year target by one per cent, the country's Ministry of Construction said. Of the total, 56.5Mt of cement were sold at the domestic market, up 11.1 per cent YoY, while 16.25Mt were exported, falling 17.3 per cent YoY and failing to realise the full-year export tar...
China: BBMG Corp expects lower profit on weaker cement demand and pricing
China-based BBMG Corp said it expects to record a 10-22 per cent decrease in net profit attributable to shareholders for the year ended 31 December 2015 compared to a year earlier. The fall in net profit is mainly attributed to the slowdown in macroeconomic growth and cement production overcapacity in the areas where the group operates, leading to sluggish demand and reduced selling prices ve...
Cemex contributes to main trade route between Mexico and the USA
Cemex announced that Cemex Mexico contributed to the restoration of the Monterrey-Nuevo Laredo highway, the main export-import route between Mexico and the US. Located in northeast Mexico, the Monterrey-Nuevo Laredo highway connects Mexico with the state of Texas in the United States. With 52 per cent of Mexico’s imports and exports moving along this highway, it is one of the main trade rout...
First vessel arrives at Zuari terminal, India
The first vessel carrying a consignment of 7,612t of cement arrived at Zuari Cement’s new bagging terminal at Cochin Port, Kerala, on Tuesday. Cochin Port Trust Chairman Paul Antony, Deputy Chairman G Senthivel and Secretary Gowri S Nair were among those present when the ship anchored at the port, according to an article by The Hindu (India). Two other Indian cement producers, Ambuja Cemen...
Brazil sees full-year fall in sales
Brazilian cement sales in 2015 declined by 9.2 per cent YoY to 64.4Mt, preliminary data and market estimates published by Sindicato Nacional da Indústria do Cimento (SNIC) reveal. Dispatches were down in all five regions, with the steepest annual declines registered in Central-West (-12.5 per cent) and Southeast (-10.9 per cent), followed by the North (-7.8 per cent), South (-6.9 per cent...
Indonesia cement sales rise 1.8 per cent in 2015
Cement sales in Indonesia rose by 1.8 per cent to 61Mt in 2015 thanks to the latest surge of government infrastructure projects in the latter half of the year, thet Indonesia Cement Association (ASI) said on Tuesday. "We closed [2015] in a positive way," ASI chairman, Widodo Santoso, told the Jakarta Globe. Cement producers are now targeting between 4-6 per cent growth this year counting on...
India: government to relax mining lease transfer rules
The government of India plans to enact a law that will allow companies that received mining licences without having gone through the auction process to transfer these leases, local media have reported. The move that will make M&A deals easier in the steel, cement and metals sectors. For instance, this law would help close Birla Corp's purchase of two cement units in eastern India from Laf...
HeidelbergCement starts new CI programme
HeidelbergCement has started its Aggregates-CI programme (Continuous Improvement) to continuously optimise the operational and commercial working processes in the area of aggregates (sand, gravel and crushed rock). The new programme follows the margin improvement programme CLIMB Commercial that successfully concluded at the end of 2015. Aggregates-CI will be implemented at all of the more than...
Fitch Affirms Cementos Pacasmayo at 'BBB-'; Outlook Stable
Fitch Ratings has affirmed the ratings of Peruvian producer Cementos Pacasmayo at 'BBB-'. The Rating Outlook remains Stable. The ratings reflect the company's solid business position as the only cement producer in Peru's northern region. This position has resulted in high margins, low leverage and solid liquidity. The small size of the cement market in the north, as well as the logistical c...
Vicem sets 2016 export target
Vietnam's largest cement producer, Vicem, has set an export target of 3Mt in 2016, comprising 1Mt of cement and 2Mt of clinker. In 2015 Vicem exported 2.1Mt, including 860,000t of cement and 1.245Mt of clinker. In the first 11 months of last year the state-owned corporation sold 20.06Mt of cement and clinker, up 2.9 per cent from a year earlier.
Argentina’s demand rises 3.6% YoY in December
In December 2015 Argentina’s cement producers dispatched 937,907t of cement, including exports, which represents a fall of 5.9 per cent MoM but a 3.6 per cent increase YoY, according to provisional figures published by AFCP, the country’s cement association. The Argentinian cement market contracted 6.3 per cent MoM but expanded 4.6 per cent YoY in the last month of 2015 as 933,160t were sol...
Pakistan records increased domestic dispatches in first six months
Pakistan cement industry saw noticeable growth during the first six months of the current fiscal on the back of higher domestic demand. The data released by the All Pakistan Cement Manufacturers Association (APCMA) revealed that dispatches during July-December 2015 (ie, 6MFY15-16) increased by 6.38 per cent to 18.21Mt compared with dispatches of 17.12Mt during the corresponding period of FY14...
Paraguay: demand up 8%, prices to fall 15%
In 2015 Paraguayan cement producer Industria Nacional del Cemento (INC) sold 12.4m bags of cement, an increase of eight per cent YoY, according to Jorge Méndez, CEO of INC. Mr Méndez also said that the previously-loss-making company had racked up 28 consecutive months of profits and saw its profit reach around PYG42bn during this time. Since March the company has been able to reduce the cost...