Cement News tagged under: Utilisation rates
Indian cement demand could fall 20-25% in FY2108 April 2020, Published under Cement NewsIndian 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 stated that the fall in demand could be 10-15 per cent. Capacity utilisation rates are also expected... |
Indian cement sector receives new investment04 June 2018, Published under Cement NewsThe Indian cement sector is receiving fresh investment as capacity utilisation rates increase, with at least six companies at various stages of announcing or implementing expansion plans, according to the Business Standard. Dalmia Bharat has recently announced plans for 8Mta of new capacity in Odisha, eastern India, at an investment cost of INR37.2bn (US$554.7m). "Looking at the demand for our premium products, we decided to add capacity and strengthen our leadership in east India. For... |
Pakistan's State Bank acknowledges cement growth09 April 2018, Published under Cement NewsPakistan's State Bank has confirmed that cement industry is performing well and a considerable amount of capacity is due to come ons-stream in a couple of years. Manufacturers have been investing aggressively in capacity expansions (by adding about 60 per cent additional operational capacity) over the past few years, in anticipation of strong domestic demand. The cement industry is driven by steel and domestic infrastructure investments, by both public and private backers, said the ... |
Pakistan: 98% capacity utilisation rate achieved06 December 2016, Published under Cement NewsThe Pakistan cement industry has achieved its highest-ever capacity utilisation rate at 98.61 per cent, dispatching 3.749Mt of cement in November 2016. This is up on the 3.377Mt registered in November 2015. Domestic consumption for the month in question reached 3.27Mt compared with 2.843Mt a year prior. However, exports have experienced a decline, falling 10.39 per cent YoY to 0.478Mt in November from 0.533Mt last year. According to data released by the All Pakistan Cement Manufacturers A... |
Pakistan: Cement exports rise to 0.53Mt in March03 May 2016, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) has welcomed the news that cement exports rose to 0.53Mt in March 2016, up 20.6 per cent YoY. Exports have risen for two months in a row, bringing to an end a long run of disappointing figures, including a YoY fall of 34 per cent in September 2015. Despite the present turnaround, exports for the year to March are down 19 per cent on the preceding 12 months. The Nation reports APCMA Chairman, Muhammad Ali Tabba, as stating that t... |
Pakistan exports decline in 10MFY13-1428 May 2014, Published under Cement NewsPakistan export volumes and revenues have continued to decline in the first 10 months of the current fiscal, mainly due to a decline in shipments to Afghanistan. On a more positive note, despite the disappointing performance on the export front, utilisation rates have climbed to a five-year high. During the July 2013-April 2014 period, Pakistan exported 6.92Mt of cement on revenues of US$415.03m compared to 7.298Mt at US$468.74m. This translates to YoY falls of 5.18 and 11.46 per cent in t... |
Pakistan: utilisation rates reach 5-year high09 May 2014, Published under Cement NewsCement despatches in Pakistan reached an all time high of 3.21Mt during April 2014 raising the industry hopes of a long awaited turnaround. The sector has achieved capacity utilisation of 75.21 per cent during first 10 months of the current fiscal year – the highest level achieved during last five years – and industry experts expecting that this will be increased to 80 per cent by the end of June 2014. Although the overall increase in the cement despatches is only 1.17 per cent, domestic sa... |
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