Cement News tagged: International
Morocco reports 8% drop in 1Q deliveries
Cement deliveries by APC members in Morocco fell 28.7 per cent YoY to 910,995t in March 2020 when compared with 1,278,486t in March 2019, according to market research company, IPSOS. The building sector was particularly hit with a 44.7 per cent YoY drop to 42,912t, but the retail and prefabricated segments also noted declines of 30 per cent to 582,738t and 78,214t, respectively. In the ready...
Indian cement demand could fall 20-25% in FY21
Indian cement demand is expected to fall by 20-25 per cent in the current fiscal year (FY20-21) if the COVID-19 pandemic is not contained by May and construction activities only begin in the second quarter, said analytics agency Crisil. However, assuming the lockdown and other social distancing measures continue until the end of April and construction activity resumes in mid-May, the agency ...
Likely post-coronavirus cement scenario in Pakistan
A local research house has estimated cement demands/sales in Pakistan after the coronavirus period, provided it is fully controlled well before it could bring any catastrophe on the economic front. IMS Research forecasts that the present lockdown will keep cement demand below full potential until the end of 1HFY21 (July-December). Thereafter, a strong rebound in demand growth and profit marg...
Steps to avoid project standstill in Mexico
Following the announcement of CANACEM, Mexico's cement chamber, that it will slow down operations in the COVID-19 contingency, Claudia Sheinbaum Pardo, Mexico City's head of government, has said she is working with some cement companies to prevent the stoppage of priority work. This includes agreements with cement producers that see the transfer of high-density waste from Mexico City. "We are...
Trading of cement scripts still suspended in Bangladesh
The trading of seven leading cement firms' scripts in two stock exchanges of Bangladesh are suspended due to measures taken by the Dhaka government to stop the spread of coronavirus across the country. No trading was held from 26 March in shares of Aramit Cement Ltd, Confidence Cement Ltd, HeidelbergCement Bangladesh Ltd, LafargeHolcim Bangladesh Ltd, Meghna Cement Mills Ltd, MI Cement Facto...
March cement data reflects coronavirus impact in Pakistan
All Pakistan Cement Manufacturers Association (APCMA) has officially released cement dispatches data for March 2020 and cumulative dispatches for nine months. The demand for cement in March has reportedly contracted due to the mitigation efforts of the federal and provincial governments to stop the spread of the coronavirus in Pakistan. The whole country is partially or fully locked down for ...
Tajikistan eyes 20% increase in cement output in 2020
Tajikistan has significantly increased production of cement this year despite the impact of the COVID-19 pandemic and the associated economic recession in the country, according to the Tajik Ministry of Economic Development and Trade and local media reports. In the first two months of 2020, domestic cement output amounted to 564,300t, an increase of 20.3 per cent YoY. Local analysts expect...
Cement sales on Fiji impacted by coronavirus
Fijian cement producer Pacific Cement Ltd reported cement sales declined by 27 per cent YoY in March. The company has lost an estimated US$750,000 in sales, according to General Manager, Sowani Tiudrola. Reduced market demand has resulted in Fiji Cement selling 3000t less. Standard Concrete Industries also said market demand was 50 per cent down in March. The company has closed its Lautoka ...
CMIC state president calls for construction industry to be classed as essential
As previously announced, the cement mills that make up Mexico’s National Cement Chamber will suspend operations due to the ongoing COVID-19 pandemic . The president of the Mexican Chamber of the Construction Industry (CMIC) for Querétaro state, Alvaro Ugalde Ríos, has noted that the shutdown would lead to the construction sector stopping with a week or two. Therefore, the state president ha...
Colombian deliveries up 5% in February
Cement dispatches in Colombia increased 5.3 per cent YoY to 1.025Mt in February 2020, according to the Colombian statistics office, DANE. In February 2019 dispatches reached 0.973Mt. Growth was particularly strong in the builders and contractors segment, which saw a 10.8 YoY expansion. Dispatches to the retail sector were up 3.6 per cent YoY while demand from ready-mix concrete companies was s...
Devki Group's Narendra Raval donates KES100m for oxygen
Kenyan cement and steel businessman, Narendra Raval, CEO of the Devki Group, has donated KES100m to supply oxygen to government hospitals in the fight against COVID-19. The COVID-19 outbreak has already killed 110 people in Kenya. "I hereby confirm the pledge to donate oxygen worth KES100m to all government hospitals throughout the country. Oxygen will be collected from our Mombasa, Ruiru,...
Government relief package expected for construction sector
Pakistan's Prime Minister, Imran Khan, is likely to announce a relief package for the construction industry and issue a directive for the resumption of all China Pakistan Economic Corridor (CPEC)-related infrastructure and energy projects on Friday and this anticipation has renewed interest in investors to buy leading cement scripts of the Pakistan Stock Exchange (PSX) for the last two days. ...
Mexican cement plants to close due to coronavirus
Mexico’s National Cement Chamber (CANACEM) has announce that cement plants are ceasing operation. However, cement companies will carry out dispatches until 3 April and halt supplying public works and 62,000 hardware stores from 4 April onwards. The measure has been taken due to the spread of COVID-19. "It is necessary to carry out technical, operational and administrative actions in each of ...
Bangladesh construction and cement sectors meet COVID-19 challenges
The Bangladeshi cement and construction industries have been directly and indirectly affected by the ongoing measures taken by the country's government to control the spread of the coronavirus pandemic. The country, which has been on holiday since 26 March, is likely to see its time off extended by five additional days to 9 April as a result. This is expected to impact the cement supply chain ...
Pakistan's producers see daily offtake fall
Cement factories located in Sindh province, Pakistan, have seen their total dispatches decline to 3500tpd from 20,000-22,000tpd before the coronavirus outbreak. Likewise, cement manufacturing plants in the north of the country registered an almost 75 per cent decrease in dispatches. Daily average cement offtake fell to 30,000-35,000tpd from 135,000-140,000tpd. Elsewhere, exports slipped ...
Indian cement dealers expect volumes to decline 35-40%
Following the impacts of COVID-19, Indian cement dealers are expecting volumes for March to decline by 35-40 per cent YoY and April to be a wash-out, according to The Financial Express. Volumes had been reportedly growing at 10-12 per cent YoY in the east, and 4-5 per cent YoY in the west and central regions. However, cement dispatches have stopped since 21 March and all major cement plants a...