Cement News tagged under: Volumes
South Africa 9M12 sales rise 2.9%04 January 2013, Published under Cement NewsSouth Africa cement sales for the first nine months of 2012 rose 2.9 per cent to 8.529Mt from 8.290Mt in the same period of 2011, latest data from the Cement & Concrete Institute (C&CI) shows. The moving annual total also rose 3.9 per cent to 11.473Mt from 11.038Mt in the corresponding period a year a go. However, 3Q12 sales were down 3.8 per cent to 2.976Mt compared to 3.092Mt in the 3Q11. |
Further double-digit gains forecast for Indonesian demand03 January 2013, Published under Cement NewsIndonesian cement consumption is expected to rise between 10-12 per cent in 2013, driven by developments in the property and infrastructure sector, according to estimates by the Indonesian Cement Association (ASI). Cement demand last year is expected to have increased by 14.5 per cent to 55Mt. The ASI is optimistic that this high growth trajectory can be sustained this year thanks in part to the economic development master plan (MP3EI). “The domestic cement consumption is still high, ... |
Iran cement production rises 5.85% in first nine months of the year03 January 2013, Published under Cement NewsIran produced 53.16Mt in the first nine months of the current Iranian year (beginning 20 March 2012), representing a 5.85 per cent increase on the 51.65Mt produced in the same period of last year. The country produced 53.39Mt of clinker over the same period, 5.8 per cent higher than the 50.46Mt manufactured in the first nine months of the previous year. Exports of cement and clinker over the nine month period amounted to 10.45Mt (comprising 9.28Mt of cement and 1,17Mt of clinker) achi... |
Algerian Jan-Nov12 imports increase 92%03 January 2013, Published under Cement NewsThe first 11 months of 2012 saw Algeria increase its cement imports by 91.95 per cent, according to Algerian customs figures. In terms of value, imports rose from US$117.4m to US$225.4m while in terms of volumes, the advance reached 96.61 per cent from 1.267Mt to 2.492Mt. The high demand for the product, particularly in the dry season from March to August, has been the main cause of this import hike. The country currently has a cement deficit of over 2.5Mta. |
Al-Abbas Cement proposes name change, Pakistan21 December 2012, Published under Cement NewsPakistan cement manufacturer Al-Abbas Cement Industries Ltd (AACIL) is to change its name to Power Cement Limited, the company said in a filing to the Karachi Stock Exchange. The company’s board of directors agreed the name change at a board meeting on 18 December 2012 which is subject to approval by regulatory authorities and shareholders of the company. During the first quarter of the current fiscal year, the company earned a profit of PKR109.88m compared to a loss of PKR173.38m in t... |
Bolivian government and cement companies agree to increase output21 December 2012, Published under Cement NewsBolivia’s government and local cement producers have agreed to raise cement production by 17 per cent next year, taking the current figure of 3Mta to 3.5Mta. Deputy Minister for Medium- and Large-Scale Industrial Production, Camilo Morales, said yesterday that the agreement was the result of his meeting on Monday with representatives of Soboce, Coboce and Fancesa as well as executives of the Bolivian Chamber of Construction (Caboco).??"This year we are closing with about 3Mt of cement and... |
French cement consumption rises 5% in October19 December 2012, Published under Cement NewsFrench cement demand increased by five per cent YoY to 1.904Mt in October, data from association Syndicat Français de l'Industrie Cimentière (SFIC) shows. Domestic producers advanced sales by 4.5 per cent to 1.762Mt when compared with October 2011 while importers increased their deliveries by nearly 11 per cent from 0.128Mt to 0.142Mt. In terms of exports, the French industry made modest gains of 3.7 per cent from 0.108Mt to 0.112Mt, mostly in the form of cement (0.099Mt) although some ... |
Sociedad de Cementos y Materiales looks to cut 35 jobs19 December 2012, Published under Cement NewsSpanish cement and building materials producer Sociedad de Cementos y Materiales de Construccion de Andalucia, is reportedly planning to lay-off 35 members of staff. The company, which is controlled by Portuguese cement major Cimpor, is currently negotiating with its employees and trade unions, according to reports by Expansión. The downsizing measure will affect 25 employees at its Cordoba works and 10 employees at the factory in Niebla. The firm currently employees a total 142 people.... |
Spain to see fifth consecutive annual double-digit fall in demand18 December 2012, Published under Cement NewsSpanish cement association Oficemen expects consumption to reduce by 33 per cent in 2012 per cent in 2013 , the fifth double-digit decline in a row. This will take annual demand to a little more than 13Mt, light years away from the 56Mt consumed in 2007, the association highlighted. For the first 11 months of 2012, consumption reached 12.74Mt, down 33.8 per cent YoY, compared to the 19.23Mt achieved in the same period of last year, data from Oficemen shows. Producti... |
India cement sector to see recovery in FY13-1418 December 2012, Published under Cement NewsIndia's cement industry is expected to see a sharp recovery in cement prices in FY13-14 with an improving supply and demand scenario, as well as government measures to fast-track infrastructure projects. Reuters reports that Deutsche Bank believes cement companies such as UltraTech Cement and Shree Cement that have potential to increase capacity and have a bigger presence in western and northern India will witness "disproportionate benefits". Meanwhile, Morgan Stanley maintains an 'attra... |