Cement News tagged under: Volumes
Ecuador October sales advance28 November 2012, Published under Cement NewsDomestic cement sales in Ecuador reached 586,426t in October 2012, 13 per cent ahed of the same month of 2011, according to the latest data from local cement association Instituto Ecuatoriano del Cemento (INECYC). For the first 10 months of the year, accumulated sales have totalled 4.9Mt, representing a 5.2 per cent YoY rise compared to the same period of 2011, INECYC figures shows. |
Cemex sees improved US results going forward28 November 2012, Published under Cement NewsCemex expects improved results at its US operations between 2013 and 2016 as the local market has shown stronger than expected trends, allowing for improved profitability. Karl Watson, president of Cemex USA, told analysts during a presentation on Tuesday the company expects US housing starts to increase 16 per cent next year, reaching 873,000. The company forecast US residential sector cement demand will increase by 14 per cent in 2013. Watson said US annual cement sales are now about... |
Brazil October sales rise 9.8 per cent YoY27 November 2012, Published under Cement NewsBrazilian cement sales in October 2012 reached 6.2Mt, representing a 9.8 per cent rise compared to the same month of the previous year, data from the Sindicato Nacional da Indústria do Cimento, shows. In terms of the number of days worked, October sales fell 2.1 per cent compared to September 2012. Over the first 10 months of 2012, sales reached 57.4Mt, up eight per cent over the same period of 2011. According to data obtained by SECEX/MXIC, cement imports in the first three quarters o... |
Peru sees cement shipments grow 16.6 per cent in Jan-Oct 201227 November 2012, Published under Cement NewsIn October, demand for cement in Peru reached 903,750t with exports adding a further 28,634t to the total delivery figure for the month. Local cement makers produced around 926,623t, according to Peru’s cement manufacturers’ association Asocem. Between January-October 2012, deliveries of cement in the Peruvian market increased 16.6 per cent, reaching a total of 7.865Mt, reported Asocem. Output increased 16.5 per cent YoY from 6.909Mt to 8.050Mt over the same period. During the fir... |
China Resources Cement sales seen hitting 70Mt in 201327 November 2012, Published under Cement NewsChina Resources Cement (CR Cement) expects cement sales in 2013 to increase to 70Mt, representing a YoY rise of 5Mt. Production capacity, meanwhile, is likely to rise to 72.7Mt in 2013. The company is set to launch a 5000tpd line in Guangdong Luoding in 4Q12. As such, total clinker capacity will reach 50Mta by end 2012. Citigroup has recently lifted its target price for CRC to HK$3.3 from HK$3, and maintained its "sell" rating. CR Cement had raised cement average selling price (ASP) ... |
Lafarge 9M12 sales increase, reduces Western Europe outlook09 November 2012, Published under Cement NewsLafarge reported a sales rise for the third quarter and year-to-date, driven by successful price increases across product lines and by growth in many emerging markets. The company has maintained its outlook for full-year market growth but lowered its outlook for Western Europe. In the third quarter alone, consolidated sales were up four per cent to €4393m while EBITDA rose six per cent to €1071m. Current operating income up 9 per cent to € 815m. Over the first nine months of 2012, consolid... |
Cemex: US far from fully recovering09 November 2012, Published under Cement NewsCemex has said that it is pleased with the way its US business is progressing but that it is still far from fully recovering. Speaking to Reuters, Maher Al-Haffar, Cemex's vice president of corporate communications and investor relations, said in an interview, said: "We are cautious and we are far from a full recovery in the US business but the trend is certainly in the right direction." In the first nine months of this year Cemex’s US turnover recovered and rose by 19.2 per cent to US$2... |
Buzzi Unicem's turnover edges ahead and profit advances09 November 2012, Published under Cement NewsBuzzi Unicem's turnover for the first nine months was up by 1.7 per cent to €2,146.3m and the EBITDA increased by 11.7 per cent to €368.7m. The trading profit rose by 29.6 per cent to €198.9m and net financial charges increased by 25.1 per cent to €85.3m. After an 89.3 per cent higher contribution from associates, the pre-tax profit rose by 33.5 per cent to €116.8m. With charges for tax and for minorities increasing more slowly than the pre-tax profit, the net attributable profit jumped by ... |
Italcementi 9M12 sales hit by Western Europe, competition in Africa08 November 2012, Published under Cement NewsLeading Italian cement producer Italcementi posted a significant drop in nine month net profit as sales were hit by its Western European markets and higher competition in Africa. Nine month net profit totalled EUR17.1m compared to EUR105m for the nine months to September 2011. After minorities, the company posted a loss of EUR39.7m. Revenues fell 4.4 per cent to EUR3.396bn. Recurring EBITDA in the first nine months was EUR500.5m (-11.4% from the year earlier period, but down 8.3% if the... |
Cementir's ready-mixed concrete volumes weaken08 November 2012, Published under Cement NewsCementir's turnover for the first nine months of the year was up by 4.9 per cent to €730.9m. EBITDA, which weakened by 11.9 per cent in the third quarter, was ahead by a modest 3.5 per cent to €94.9m. This reflected higher energy costs, particularly in the case of electricity, and increased staffing levels was a result of the expansion into waste management. The trading profit advanced by 4.7 per cent to €30.6m. The net financial charge declined by 37.4 per cent to €13.9m to give a more ... |