Cement News tagged under: Volumes
Siam Cement sees strong demand into 201318 December 2012, Published under Cement NewsIncreased demand witnessed over 2012 in Thailand will continue rising well into next year, according to the head of the Siam Cement Group (SCG). "The momentum of demand growth stimulated by infrastructure projects will likely continue well into mid-2013," Kan , president and CEO of SCG, told the Bangkok Post. Recovering from the floods last year, YoY cement demand grew by only six per cent in this year's first quarter before of 2012 picking up with 10 per cent and 16 per cent increases... |
Indonesia Jan-November 2012 sales rise 15%17 December 2012, Published under Cement NewsIndonesia's cement sales have continued their upward trend, with domestic consumption having risen 15 per cent in the first 11 months of 2012, thanks to the country's infrastructure and property sectors. Cement sales rose to 49.9Mt between January-November 2011, state-owned cement producer Semen Gresik reported on its website on Friday citing data from the Indonesian Cement Association (ASI). "Increases in cement consumption were driven by the property and infrastructure sectors, as we... |
Argentina’s cement sales drop in November14 December 2012, Published under Cement NewsArgentine Portland cement shipments, including exports, slipped by 0.9 per cent MoM to 982,116t in November after registering two consecutive months of improvement. Domestic sales advance 0.5 per cent to 959,567t when compared with last month, but fell 8.6 per cent YoY, according to the Association of Portland Cement Manufacturers (AFCP). For 11M2012, total shipments declined 7.4 per cent to 9.878Mt with a similar cut noted in the domestic market, where demand stood at 9.663Mt. As... |
BoA-Merrill upgrades India's cement stocks to 'buy'14 December 2012, Published under Cement NewsBank of America-Merrill Lynch upgrades its rating across cement stocks to 'buy' from 'neutral' or 'underperform', saying capacity will lag demand, while valuations are below previous up cycles. The investment adds general elections in the next 18 months bode well for the Indian cement sector given the demand-GDP multiplier expanded in four out of the five previous election years. Among the major cement manufacturers, Bank of America upgraded UltraTech Cement and Ambuja Cements to 'buy'... |
Brazil Jan-November cement demand rises 7.6%13 December 2012, Published under Cement NewsCement consumption in Brazil for the January-November 2012 period reached 63.2Mt, 7.6 per cent ahead of the same period of last year,latest data from Sindicato Nacional da Indústria do Cimento (SNIC) showed. In November alone, sales totaled 5.8Mta, an increase of 3.8 per cent over the same month of 2011, according to the latest statistics In terms of sales by day, November deliveries rose by 2.3 per cent compared to October 2012 figures. According to data obtained by SNIC from the S... |
Iranian cement production reaches 49Mt mark12 December 2012, Published under Cement NewsIn the first eight months of the Iranian calendar year (beginning 20 March) the country’s cement production rose six per cent YoY to 49.14Mt against 46.34Mt in the same period of last year. However, cement production in the period fell short of the 5.09Mt anticipated as output in the month of Aban (the eighth month) missed expectations. Production during the month reached 5.87Mt – less than the 6.42Mt that had been forecast but ahead of the 5.2Mt produced in the period of the previous yea... |
Senegal’s cement output impacted by Mali12 December 2012, Published under Cement NewsThe prevailing socio-political situation in Mali has had a negative impact on cement production in Senegal. In 3Q12, cement output in Senegal fell by 19 per cent QoQ, according to the Dakar-based Directorate of Forecasting and Economic Studies (DPEE). The situation in Mali resulted in an 11 per cent drop of local sales and a 5.7 per cent cut in exports during the period. YoY figures also show a six per cent contraction. ''However, accumulated over the first nine months of 2012, the pro... |
Coboce: Bolivia’s demand growth requires further investment11 December 2012, Published under Cement NewsWithout new investment in the cement industry, Cochabamba and Bolivia as a whole could face new supply shortages by 2016. In the past two years, the country has seen demand growth double from seven to 14 per cent and in some cases, growth peaks of up to 26 per cent were recorded. In 2013, a new plant will be launched but the growing demand, fuelled by the growth of public and private works will require further investment. This year the government announced a US$2bn injection in infrastruc... |
Ecuador November sales advance 11.1 per cent YoY10 December 2012, Published under Cement NewsDomestic cement sales in Ecuador reached 561,534t in November 2012, an increase of 11.1 per cent compared to the same month of 2011, according to the latest data from the Instituto Ecuatoriano del Cemento (INECYC). For the first 11 months of the year, accumulated sales totalled 5.5Mt, representing a 5.8 per cent YoY rise compared to the same period of 2011, INECYC figures shows. |
Angola expansion points to fast growing market10 December 2012, Published under Cement NewsPortugal’s Secil leapt on to the African cement news pages this week with its announced intention to increase production at its Lobito plant in Angola from 0.28Mta to 1.8Mta. This will be a significant boost to the Angolan cement capacity, which currently stands at around 5Mta. The US$150m Secil Lobito expansion project will take three years to complete. The plant is 51 per cent owned by Secil and the Angolan state cement company holds the remaining 49 per cent of shares. After years of ci... |