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Peru dispatches rise 16.8%

17 September 2012, Published under Cement News

Shipments of cement in the Peruvian market totaled 6,098,738t from January to August 2012, 16.84 per cent more than the same period of 2011 (5,219,828t), the Association of Cement Producers (Asocem) has reported. During the period  cement production was 6,235,813t, representing an increase of 14.62 per cent compared with the same period of 2011, when it was 5,356,112t. As of August exports totaled 91,834t of cement, reporting an increase of 177.73 per cent over the same period of 2011,...

Morgan Stanley sees China recovery from 4Q12

17 September 2012, Published under Cement News

Morgan Stanley (MS) believes that the China cement industry showed some early signs for recovery, noting that prices have stopped declining on rising property construction following accelerating land sales. In addition,  land sale revenue can help governments on construction capital. Therefore, MS believes that cement demand has turned steady, and a recovery can be expected in 4Q12 - 2013. The Bank added that with the slump in earnings, the cement manufacturers reduced capital expenditu...

Katavsky Cement sets new production record, Russia

14 September 2012, Published under Cement News

Katavsky Cement, part of Russian market leader Eurocement Group, produced 146,008t of cement in August 2012, surpassing last year’s record of 138,005t. According to these figures, the company’s plan was exceeded by 12.3 per cent. For the eight months to August 2012, the plant manufactured 782,595t, 3.9 per cent above the company’s projected target. This is also a 19.2 per cent increase over last year’s output when it produced 125,970t in 2011. During the Jan-August 2012 period, Kavatsky C...

Brazilian monthly sales up 7.3 per cent YoY

13 September 2012, Published under Cement News

Cement consumption in the Brazilian market totaled 6.3Mt in August, representing a rise of 7.3 per cent YoY, data from Sindicato Nacional da Indústria de Cimento (SNIC) shows. August 2012 sales were up 4.2 per cent on a month-on-month basis from July 2012. Total domestic shipments for the first eight months of 2012 reached 45.17Mt, representing a YoY increase of 8.5 per cent, the association data showed.

Argentina sees August declines

13 September 2012, Published under Cement News

In August 2012, Argentina cement producers shipped 860,601t, including exports, a decrease of 5.6 per cent from July and down 16.5 per cent on August 2011. The latest data from Asociacion de Fabricantes de Cemento (AFCP) shows domestic shipments in August reached 841,124t, representing a decline of seven per cent from the previous month and a fall of 16.6 per cent compared to August 2011.    

Indonesian August sales dip

12 September 2012, Published under Cement News

Indonesia's domestic cement sales fell 0.1 per cent in August from a year ago, data from PT Semen Gresik Tbk showed on Wednesday. August sales were 3.6Mt, the lowest since September last year, down 25.2 per cent on a monthly basis, the data said. The decline was because there were fewer working days during the Muslim Eid al-Fitr festival, Teguh Hartanto, a Jakarta-based analyst at Bahana Securities, said in a report. "We believe that outlook for the cement industry remains solid with expe...

Greek 1H12 construction contracts 12%

12 September 2012, Published under Cement News

Greek construction activity shrank by an annual 12 per cent in the first half of 2012, leaving the industry on course for a seventh consecutive year of contraction as the cement industry heads towards a quarter of 2006 peak levels. Building activity in volume terms contracted to 9Mm3 in the six months to June from 10.2Mm3 a year earlier, statistics service ELSTAT said on Tuesday. It had stood at 36Mm3 in the first half of 2005, the sector's last year of expansion.     Construction ha...

Steppe Cement posts first half loss, Kazakhstan

11 September 2012, Published under Cement News

Kazakhstan-based cement producer Steppe Cement Ltd posted a consolidated loss after tax of US$0.1m for the six months ended 30 June 2012. Revenue six months ended June 30 were US$52.16m (2011: $43.06m) while pretax profit was US$391,000 (2011 loss: US$2.84m). The company’s sales volumes increased by two per cent to 615,838t and the average sales price increased from USD72/t to USD86/t during the period.   Production costs per tonne increased by 11 per cent in US dollar terms. The hike was...

Colombian production drops, shipments ahead

11 September 2012, Published under Cement News

Colombian production fell 1.4 per cent in July 2012 compared to the same month in 2011, while shipments for the period were ahead by 3.3 per cent. The country’s statistical office, Dane, shows that shipments for July 2012 were 879,000t. By departments, Cundinamarca continues to lead the rankings with 52.7 percent of demand, followed by Santander, with 30.7 per cent, and Bolívar, with 20.6 per cent. In contrast, the main decrease occurred in Bogotá, down 14.4 per cent, which is attributed b...

Competition mounts for East Africa market share

07 September 2012, Published under Cement News

Public sector infrastructure projects and the rapidly growing middle class in the East Africa region will be the main drivers of cement consumption as competition is set to intensify with the arrival of new market entrants. S peaking to AllAfrica press, Kephar Tande, chairman of the East African Cement Producers Association, said Friday that the ongoing regional trade integration and an expected surge in housing demand will be the new battlefront for market share as new players enter the ma...