Cement News tagged under: Volumes
Lafarge Zimbabwe to reduce foreign shareholding18 March 2013, Published under Cement NewsLafarge and the Zimbabwe government have agreed on Lafarge reducing its shareholding in the Zimbabwean cement manufacturer to 49 per cent. “We have agreed with the relevant authorities on the indigenisation modalities to bring down foreign shareholding to 49 per cent, in line with the indigenisation and economic empowerment [policy]. To this effect, our indigenisation plan was approved,” according to Muchadeyi Masunda, the chairman of Lafarge Cement Zimbabwe told local press. Last year... |
Vicem cement sales rise 30% in Jan-Feb15 March 2013, Published under Cement NewsVietnam Cement Industry Corp (Vicem) has reported a rise in overall cement and clinker sales for the first two months of the year but export volumes declined. The country’s largest cement group sold 2.88Mt of cement and clinker in the first two months of the year, up by 30 per cent from a year earlier. Some 2.85Mt of cement and clinker was sold on the domestic market, a 44.5 per cent YoY rise, while 24,000t of cement was exported which was a decline of 36.8 per cent on the previous yea... |
Argentine February shipments decline14 March 2013, Published under Cement NewsArgentine cement plants shipped 839,223t, including exports, representing a decline of 7.1 per cent on February last year, according to the latest data published by association AFCP. On a month-on-month (MoM) basis, the February figure was 8.1 per cent less than the amount shipped in January. However, domestic sales, including imports reached 809,280t, an increase of six per cent YoY but a decline of 8.9 per cent MoM. |
Taiwan Cement operating at full rate, China14 March 2013, Published under Cement NewsTaiwan Cement Corp (TCC) is operating at full utilisation rates in China due to increased demand, the company has said. TCC said that workers have returned to construction sites across the country following the Lunar Year holiday and projects are expected to gather speed, stated reports in the Liberty Times. A recent product price recovery also shows a tighter supply of cement in China, TCC said, adding that the price rebound is expected to continue. Currently, the company operates in... |
Brazil February cement sales edge ahead13 March 2013, Published under Cement NewsCement sales in the Brazilian cement market in February 2013 reached 5.1Mt, up 2.2 per cent on the same month of last year, according to data released by Sindicato Nacional da Indústria do Cimento. For the first two months of 2013, sales were 10.6Mt an increase of 1.8 per cent YoY. In 2012, domestic sales reached 68.3Mta, an increase of 6.9 per cent over 2011 (63.9Mt). |
Thatta Cement majority shareholder shares stake to consortium11 March 2013, Published under Cement NewsThe majority shareholder of Thatta Cement, Pakistan, has sold its stake to a consortium of four private companies. In an announcement sent to the Karachi Stock Exchange last week, Arib Habib Corp (AHC), along with its subsidiaries, said it has sold its 61 per cent holding in Thatta Cement to the consortium PKR24.16/share. The total value of the transaction is approximately PKR1.46n (US$14.75m). Two private buyers companies, Sky Pak Holding and Al-Miftah Holdings each bought 22.7 per cen... |
UltraTech sales decline 6% in February07 March 2013, Published under Cement NewsUltraTech Cement, India’s largest cement producer, has reported a six per cent decline in February 2013 sales, amid wider concerns of subdued demand across the domestic market. The Aditya Birla group company sold 3.31Mt of cement last month compared to 3.51Mt in the same period of last year. Production during February 2013 also dropped to 3.32Mt compared to 3.46Mt in February 2012. The company did not elaborate as to why sales were slower, but industry experts said the winter seasons a... |
Pakistan eight-month sales ahead05 March 2013, Published under Cement NewsPakistan sales increased 3.2 per cent over the first eight months over the current fiscal, according to initial data released by the All Pakistan Cement Manufacturers Association (APCMA). A breakdown of figures over the eight month period from July 2012 to February 2013 shows that domestic sales grew by six per cent to 15.7Mt but export fell by 4.3 per cent to 5.4Mt The local sales showed growth due to accelerated Public Sector Development Programme (PSDP) spending by the government ... |
US shipments ahead by 9% in 201204 March 2013, Published under Cement NewsTotal shipments of Portland and blended cements in the US and Puerto Rico in 2012 reached 79Mta, up by about nine per cent YoY, according to the latest data from the US Geological Survey. Imports for the year to December 2012, meanwhile, were up by about eight per cent YoY. In December 2012 shipments were about 4.8Mt, slightly less than the same month of the year before. The leading producing states in December were Texas, California, Missouri, Florida and Pennsylvania in descending orde... |
Vietnam Jan-Feb production rises 16%01 March 2013, Published under Cement NewsVietnam is estimated to have produced 8.2Mt of cement in the first two months of this year, up 16 per cent from a year earlier, according to the government’s General Statistics Office (GSO) said. In February, the country’s cement output is likely to have fallen by 23.91 per cent from January and nine per cent from the same month of last year to 3.5Mt, the GSO said in a monthly report released late Tuesday. The office revised the country’s cement output in January to 4.6Mt from the earlier ... |