Cement News tagged under: Weekly Newsletter
Cbb makes 2025 growth plan20 January 2021, Published under Cement NewsChile-based Cbb looks forward to 2025 with optimism, said the company’s Corporate General Manager, Enrique Elsaca Hirmas, after a year that saw the impact of the coronavirus pandemic. In the first nine months of 2020, Cbb’s revenues fell 14 per cent YoY to CLP168.986bn (US$229.2m) but while full-year figures are expected to show a decline, this will be below the 9M20 drop. In addition, the company is completing the implementation of the current US$150m Transforma 2021 plan. A total of US... |
The TCMB changes its identity to TURKCIMENTO20 January 2021, Published under Cement NewsThe Turkish Cement Manufacturers' Association (TÇMB) has a new identity and logo. In future, the organisation will be known under the name of T ÜRKÇİMENTO , representing a total of 66 plants and also being an international representative of the Turkish cement industry. Promoting the change of its identity and logo at the launch meeting held on 18 December 2020, the association shared its vision of the future as T ÜRKÇİMENTO with the public . As T ÜRKÇİMENTO we say that: "We a... |
Cherat Cement Co plans Line No 1 modernisation19 January 2021, Published under Cement NewsCherat Cement Co Ltd has informed Pakistan Stock Exchange (PSX) that the Board of Directors in its meeting held on 18 January 2021, decided to undertake balacing, modernisation and replacement (BMR) for Cement Line 1 and install the main crusher at Lakrai village, Nowshera district, Khyber Pakhtunkhwa (KPK) province, Pakistan. According to Executive Director and Company Secretary, Abid Vazir, these measures will help improve the operational efficiencies of the plant. The total cost of BMR... |
Peru cement market expands 12% YoY in December18 January 2021, Published under Cement NewsDomestic dispatches in Peru increased 12 per cent YoY from 0.979Mt in December 2019 to 1.098Mt in December 2020, according to the country’s cement association, Asocem. Cement production advanced 18 per cent YoY in December 2020 as Asocem members produced 1.077Mt of cement. Output in December 2019 was 0.916Mt. Cement exports in December 2020 fell 36 per cent YoY to 12,000t from 19,000t in December 2019, but clinker exports surged from 33,000t in December 2019 to 105,000t in December 2020.... |
Cement sales in Brazil advance 17% in December14 January 2021, Published under Cement NewsCement sales in Brazil totalled 4.7Mt, up 16.6 per cent YoY, according to the National Union of the Cement Industry (SNIC). However, per working day, sales declined 13.2 per cent to 208,400t when compared with the previous month. SNIC attributes the fall to uncertainties in the economy and civil construction in 2021. The domestic market saw a 16.6 per cent rise to 4.689Mt while exports advanced 55.6 per cent to 28,000t in December 2020 when compared with December 2019. Full-year 2020 dem... |
Bolivian cement market expands 1% in October13 January 2021, Published under Cement NewsCement consumption in Bolivia edged up 0.8 per cent YoY to 382,944t in October 2020 from 379,781t in October 2019, according to Bolivia’s national statistics agency, INE. In the country’s largest market, La Paz, demand rose 12.1 per cent YoY to 101,185t while in Cochabamba, offtake was 2.9 per cent up YoY to 97,911t. Santa Cruz, the third-largest market, saw a 16.8 per cent YoY increase to 89,955t. Cement demand in Potosi advanced 1.7 per cent to 15,888t when compared with October 2019, but ... |
New cement association formed for south India13 January 2021, Published under Cement NewsCement manufacturers in India have formed an association exclusively for southern India. The newly-formed South India Cement Manufacturers' Association (SICMA) is headed by N Srinivasan, vice-chairman and MD of India Cements, while Ravinder Reddy, director of Bharathi Cements, will be vice-president of the association. According to Mr Srinivasan, the formation of a south Indian body is required due to the size of the country and the efforts of various state governments to boost infrastruc... |
Steppe Cement sees revenue up 1% in 202012 January 2021, Published under Cement NewsKazakhstan’s Steppe Cement has reported a one per cent increase in revenue to KZT30.96bn (US$73.59m) in its preliminary update for 2020. However, cement sales volumes declined 4.1 per cent YoY to 1.645Mt from 1.715Mt in 2019. The average ex-factory price in 2020 reached KZT15,760/t, compared with KZT14,885/t in the previous year. "In 2020, cement market consumption in Kazakhstan increased by six per cent to 9.4Mt from 8.9Mt in 2019," said the board. Steppe Cement's local market share wa... |
Hama Cement sees cement production reach 1.06Mt in 202011 January 2021, Published under Cement NewsThe Syrian Co for the Manufacture of Cement and Building Materials (Hama Cement) has reported 1.06Mt of cement production for 2020. Clinker production also reached 714,000t during the year, according to the Syrian Arab News Agency (SANA) . Ali Ja’abo, general manager, noted that the technical and production teams at the company have created new working methods, equipment and devices that have proven their efficiency, which contributed to reducing costs and increasing the production. As a ... |
Record production at Caribbean Cement in 202011 January 2021, Published under Cement NewsCaribbean Cement Company (TCL/Cemex group) says it reached a new record in 2020 by manufacturing more than 940,000t of cement in response to market demand in Jamaica. "The market responded opposite to what might have been expected given the pandemic. Instead of slowing down, construction grew, and we kept in step with our customers by meeting their demand consistently. We will continue to ramp up production as the market grows," said Yago Castro, general manager of Caribbean Cement Ltd ... |