Cement News tagged under: Volumes
Argentine shipments see MoM gains19 October 2012, Published under Cement NewsIn September 2012, Argentina shipments (including exports) reached 907,186t, representing 5.4 per cent increase compared to August. However, compared to September last year, shipments fell 17.8 per cent. Domestic consumption reached 889,649t, representing a rise of 5.8 per cent from the previous month. However, compared to September 2011 volumes were down 18.7 per cent. Source: Asociación de Fabricantes de Cemento Portland. |
BofAML says China cement industry trends turned positive18 October 2012, Published under Cement NewsChinese cement stocks have rebounded 20 per cent since early September, and Bank of AmericaMerrill Lynch believes the industry outlook tends to turn positive as new production capacity is expected to plunge starting from 2013. The demand for and production capacity of cement are set to be more balanced after excessive production capacity in the third quarter. Moreover, cement demand will recover moderately along with the improvement in property sales. (Source: AA Stocks Financial News). |
Sibirsky Cement nine month output rises, Russia18 October 2012, Published under Cement NewsSibirsky Cement increased cement output 5.3 per cent YoY to 3.148Mt in the nine months to September 2012, the company said in a statement. Sibirsky Cement, which comprises three plants, sold 3.172Mt of cement in this period, a 6.2 per cent increase on the year. Output of the Topkinsky Cement plant in the Kemerovo region was 2.139Mt, a seven per cent increase. Krasnoyarsky Cement, located in the Krasnoyarsk Region, produced 662,800t of cement, a one per cent increase. Meanwhile, the Ti... |
Anhui Conch Cement sees strong September sales and output growth, China17 October 2012, Published under Cement NewsThe start of peak seasonal demand in China has boosted Anhui Conch's September sales and output as average prices register weekly gains. A China Securities Journal report said on Wednesday, which cited a number of brokers, said that subsidiaries of the cement giant have been running at full capacity, and some of their output in September has hit new high. In addition, some subsidiaries have exceeded the target output and sales tasks for September and the third quarter of this year. Its Hu... |
Brazilian cement sales rise 3.2% in September17 October 2012, Published under Cement NewsPreliminary estimates show that Brazilian cement consumption reached 5.7Mt in September 2012, a 3.2 per cent increase on the same month of last year. Data from Sindicato Nacional da Indústria do Cimento shows third quarter sales increased 3.5 per cent YoY following first and second quarter YoY rises of 13.7 and 5.9 per cent, respectively. For the nine months to September 2012, consumption reached 51Mt, representing a rise of 7.4 per cent compared to the same period of 2011. |
Fitch affirms Societe des Ciments d'Enfidha's long-term rating, Tunisia17 October 2012, Published under Cement NewsFitch Ratings has affirmed Tunisia-based cement manufacturer Societe des Ciments d'Enfidha's (SCE) National Long-term rating at 'BBB(tun)' and National Short-term rating at 'F3 (tun)'. The Outlook is Stable. The affirmation reflects SCE's recovery of an adequate trading performance in the first eight months of 2012 after production recovered to pre-revolution levels at its Enfidha plant. Despite expected lower operating margins in 2012 compared to historical levels due to rising energ... |
Cemex's nine-month EBITDA rises 9%16 October 2012, Published under Cement NewsIn the first nine months of the year, Cemex’ turnover decreased 2.1 per cent to US$11,273.8m but the EBITDA did improve nine per cent to US$2003.2m. The company's gearing is coming down but is still at very high levels. For the nine months to September 2012, the trading profit rose by 37.8 per cent to US$1921.8m and the net interest charge increased by 3.7 per cent to US$1044.8m. After taking losses on financial instruments and other non-trading items into account, the pre-tax loss, whic... |
Vicem cement and clinker sales up 4.5%, Vietnam16 October 2012, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) sold 14.44Mt of cement and clinker in the first nine months of this year, up 4.5 per cent from a year earlier. Of this total, 13.73Mt were sold in the domestic market, representing a rise of six per cent YoY, while 717,000t were exported, which was a fall of 18 per cent on year, the corporation said on its website. Vicem produced 10.97Mt of clinker in the first nine months of this year, up two per cent YoY. The corporation’s cement production,... |
Steppe 3Q12 revenue increases, revises Kazakhstan demand outlook upwards16 October 2012, Published under Cement NewsKazakhstan-based producer Steppe Cement Ltd said 3Q12 revenue of KZT7.23bn (US$48m) was 28 per cent higher than the corresponding quarter in 2011 and has revised the demand outlook for the Kazakhstan market upwards for full year 2012. For the nine months ended 30 Setptember, Steppe Cement recorded revenue of KZT14.96bn compared with KZT11.93bn in the corresponding nine month period in 2011, representing a 25 per cent improvement. Sales of 518,433t were achieved during the third quarter... |
Saudi Cement 3Q12 net profit rises, Saudi Arabia15 October 2012, Published under Cement NewsSaudi Cement Co reported a 7.3 percent increase in quarterly profits on higher domestic sales, Reuters reported. The company said it made US$56m net profit during the third quarter, up from US$51.9m a year ago. The company said local demand for cement and clinker grew in the July-September period. Saudi Arabia is witnessing big developments driven by the government's strategy diversify its economy away from oil. Saudi Cement also said that is operational profit for the period increased by... |