Cement News tagged under: Consumption
Argentina: cement demand down 4.1% YoY10 September 2014, Published under Cement NewsIn August, the Argentinian cement market was supplied by 993,397t of domestic production and 254t of imports as it saw consumption fall 7.2 per cent YoY to 993,651t. In addition, the country’s cement producers exported 10,598t, representing a YoY increase of 3.7 per cent. In the January-August period, cement consumption decreased 4.1 per cent to 7,238,484t when compared with the first eight months of 2013. This figure includes 1500t of imports, which decreased around 62 per cent from the ... |
LatAm: growth and challenges08 September 2014, Published under Cement NewsWith the XXXI FICEM Technical Congress on the horizon in the Dominican Republic, Scotiabank GBM provides an overview of recent activity in the Latin American cement market. It finds favourable market dynamics in most areas of the region but also key challenges ranging from stretched capacity to supply glut. By Francisco Suarez & Ramón Obeso, Scotiabank Inverlat SA, Mexico. While the Latin American market can look forward to a period of growth, both local overcapacity and supply sho... |
Semen Indonesia looks to serve growing Papua market05 September 2014, Published under Cement NewsSemen Indonesia is looking to further cater the Papua area of Indonesia, one of the fastest-growing markets in the country. Company President Director, Dwi Soetjipto, told the Jakarta Post that Papua and Maluku have been recording strong levels of growth, rising from 1.22Mt in 2012 from 760,000t in 2011. Dwi said that most cement demand in Papua was for the construction of various buildings, including housing and offices, and was in line with the area's surging economic growth. To cater t... |
PT Semen Indonesia03 September 2014, Published under Cement NewsPT Semen Indonesia has posted a disappointing 12.8 per cent rise in revenue to IDR12.88trn (US$1.13bn) in 1H14, compared to growth of 31.9 per cent in the same period last year. Sales volumes during the period came in 4.6 per cent higher at 12.8Mt, but this was still far lower than the 18.5 per cent growth seen in the first half of 2013. Net profit reached IDR2.82trn, 9.3 per cent up YoY. Semen Gresik accounted the 54 per cent of sales, followed by Semen Padang with 26 per cent and Semen Ton... |
Colombian monthly demand jumps 8.1%29 August 2014, Published under Cement NewsColombian cement consumption increased 8.1 per cent to 1.059Mt in July 2014 when compared with the same month a year ago, according to the country's statistics office, Dane. The rise has been attributed to a stronger demand from retail outlets and concrete companies. Increases were strongest in Huila (+25.6 per cent), Bolívar (+17.3 per cent), Cundinamarca (+16.2 per cent) and Antioquia (+9.8 per cent) while Córdoba saw demand fall by 25.4 per cent. Grey cement production in Colombia t... |
Ceskomoravsky full-year profit hit by low domestic consumption levels28 August 2014, Published under Cement NewsCeskomoravsky Cement, the leading cement producer in the Czech Republic, posted a profit of CZK586m (EUR21.122m) last year, continuing a decline that began in 2009. The wholly-owned HeidelbergCement group company saw sales revenue down by CZK100m to CZK2.68bn, Ceskomoravsky Cement said in its annual report. The decline is attributed to falling domestic consumption which last year was down by six per cent to a record low of 3.2Mt. "The continuing impacts of the economic crisis and abs... |
Harnessing potential28 August 2014, Published under Cement NewsAhead of next month’s XXXI FICEM Technical Congress in the Dominican Republic, ICR speaks with the country’s cement association, Adocem, to learn more about its hopes for continued recovery in domestic demand, the importance of exports given the current overcapacity situation and the strides being made by local producers in sustainable cement production. Dominican Republic cement producers enjoyed the benefits of an expanding cement market last year. Pictured: Domicem’s Sabana Gran... |
Brazil: still on the expansion trail26 August 2014, Published under Cement NewsBrazil’s cement producers continue to expand their capacity as they prepare for anticipated market growth. The first five months of 2014 have seen demand slowly climb 2.8 per cent to 28.8Mt, a trend that is hopefully set to continue. Infrastructure projects, fuelled by mega sporting events, and investments to alleviate the country’s considerable housing shortage, bode well for future cement demand. In the short-term, however, pressure to meet construction deadlines on major projects and the ... |
Peru cement sales fall 3.9% in July19 August 2014, Published under Cement NewsCement dispatches in Peru reached 845,907t in July, representing a 3.9 per cent decline YoY, according to Asocem, the country's cement producers' association. In the year to date, the latest figures reflect a 0.11 per cent increase YoY while output in domestic cement plants edged up 0.66 per cent to nearly 6Mt. Exports in the first seven months were up 0.64 per cent, surpassing the 5.8Mt mark. |
Indonesian demand poised for recovery13 August 2014, Published under Cement NewsIndonesian cement demand is poised to pick up following a 25 per cent YoY decline last month, analysts at CIMB have said. The bank says July's unusually weak figures were due to a combination of the presidential election and Eid celebrations. Despite the weak figures, CIMB says July 2014 demand was actually higher than August 2013, the time of Eid last year, suggesting that the sector is stronger than originally thought. The Indonesia Cement Association (ASI) is also confident of a rev... |