Cement News tagged under: Weekly Newsletter
Senegalese cement output up 9% in December 202017 March 2021, Published under Cement NewsThe production of cement in Senegal has advanced 8.9 per cent MoM in December 2020. However, domestic cement sales have slipped by 0.1 per cent while exports were down 9.2 per cent MoM, according to the national statistics and demographic agency, ANSD. When compared with the year-ago period, production edged up 0.9 per cent, while local sales remained stable and exports contracted by 17 per cent. |
Oman Cement receives bids for new project16 March 2021, Published under Cement NewsOman Cement Co has reportedly received commercial bids from EPC contractors for its integrated cement plant in Duqm, according to Muscat Daily. The 5000tpd project is expected to represent an investment of US$250m. "Offers from the EPC bidders have been received and after initial valuation the deviations in the commercial offers are yet to be updated and submitted by the EPC bidders," said the company. The company is also planning to set up a power plant to achieve a higher energy effici... |
Lehigh Hanson partners with Fortera to reduce carbon emissions15 March 2021, Published under Cement NewsNorth America's Lehigh Hanson (HeidelbergCement) and Fortera Inc have announced a collaboration project to reduce emissions from Portland cement production. The two companies will work together to construct and operate a small commercial plant at Lehigh's cement facility in northern California. The plant will capture CO 2 from the kiln exhaust and convert it into a cementitious material. This can then be blended with Portland cement and used by ready-mix concrete producers as an SCM or us... |
Loma Negra reports 21% rise in revenue for 4Q2011 March 2021, Published under Cement NewsArgentina's Loma Negra has announced a 20.6 per cent YoY rise in net revenue to ARS13.26bn (US$160m) for the 4Q20, compared to ARS11bn in the year-ago period. Consolidated adjusted EBITDA surged 40.8 per cent to ARS4.73bn from ARS3.36bn in the 4Q19, while net profit was up 93 per cent to ARS2.96bn. "We finished the year in a very good way, when considering the unprecedented scenario that was presented since the beginning of the year. At that point in time, the fragile macroeconomic environ... |
February sees 14% pick-up in Brazilian cement sales10 March 2021, Published under Cement NewsCement sales in Brazil increased 14 per cent YoY to 4.7Mt in February 2021, according to the country’s cement association, SNIC. Key drivers of the market expansion were the maintenance of real estate works and self-construction as well as favourable weather. Cement sales per working day increased 5.4 per cent MoM and 16.4 per cent YoY to 234,100t. Exports were up from 11,000t in February 2020 to 29,000t in February 2021. As a result, the domestic cement market expanded by 11.8 per cent Yo... |
Cementir records consolidated cement and clinker sales of 10.7Mt in 202010 March 2021, Published under Cement NewsCementir Holding's consolidated results for 2020 saw cement and clinker sales volumes total 10.7Mt, up by 12.9 per cent compared to 2019. This increase was mainly due to the upturn in sales in Turkey where cement volumes rose by 39 per cent over the year. Sales of ready-mix concrete equalled 4.4Mm 3 in 2020, up by 7.8 per cent while aggregates sales volumes totalled 9.5Mt, down by 1.8 per cent as a result of market contraction in Belgium and France due to the COVID-19 pandemic. Group ... |
Argentine demand advances 18% in February09 March 2021, Published under Cement NewsArgentina’s cement market expanded by 18.2 per cent YoY but contracted 9.3 per cent MoM to 686,602t in February 2021, according to the country's cement association, AFCP. The market was supplied by domestic producers with no imports reported. In addition, Argentina’s cement producers exported 8557t of cement, up 2.2 per cent YoY. January-February 2021 In the first two months of 2021 Argentine cement consumption increased 19.2 per cent to 1.707Mt from 1.432Mt in January-February 2020, wi... |
Cemex Dominicana plans to recommission kiln line09 March 2021, Published under Cement NewsCemex announced that it expected to recommission one of its product lines at the San Pedro de Macoris plant in the Dominican Republic. This would imply an increase of 33 per cent in the company’s cement supply in the country and would help serve the growth in the Caribbean construction sector. By reactivating the Line No 1 at the San Pedro de Macoris plant, Cemex will add more than 500,000tpa of cement. The restart is scheduled for 1Q21 and is part of the Cemex Dominicana growth plant to ... |
UNACEM reports improved 4Q but decline in 202008 March 2021, Published under Cement NewsPeruvian cement producer Unión Andina de Cementos (UNACEM) saw its revenues advance by 16.2 per cent YoY in the 4Q20, driven by a 14.5 per cent increase in dispatches in Peru with improved average prices as well higher cement and ready-mix deliveries in Ecuador. Consolidated operating profit reached PEN202m in the 4Q20, up 10.5 per cent YoY, while consolidated EBITDA increased 6.3 per cent YoY to PEN331.4m, said the company during an earnings call. Full-year 2020 Full-year consolidated re... |
CNBM begins restructuring cement business05 March 2021, Published under Cement NewsChina National Building Materials (CNBM) has begun restructuring its cement business and has subsequently sold China United Cement, Sinoma Cement, as well as a 99.9 per cent stake in South Cement and a 95.7 per cent stake in Southwest Cement, to its Xinjiang Tianshan Cement subsidiary for a total consideration of CNY88.25bn (US$13.64bn). Tianshan Cement will issue 442,343,026 consideration shares for the amount, alongside a cash consideration of CNY3.97bn. CNBM will have an 87.5 per cent... |