Cement News tagged under: Weekly Newsletter
Cement consumption in Spain hits record low in April21 May 2020, Published under Cement NewsSpain saw cement consumption down 50 per cent YoY in April 2020 to less than 0.6Mt, according to the country’s cement association, Oficemen. The decline in demand has been attributed to the suspension of non-essential works between 30 March and 9 April. "If the economy is not reactivated immediately, we can find ourselves facing a situation in the consumption of cement in our country worse than the worst year of the previous crisis," concludes Oficement President, Victor García Brosa. In ... |
Lafarge Africa sees net profit rise 157% in 1Q2020 May 2020, Published under Cement NewsLafarge Africa has reported a 9.8 per cent increase in net sales to NGN63.97bn (US$178.93m) in its unaudited results for the first quarter of 2020, compared to NGN58.02bn in the year-ago period. Net profit surged 156.5 per cent YoY to NGN8.07bn from NGN3.15bn in the 1Q19. "I am proud of the plan Lafarge Africa has implemented to protect the health of our people while supporting our partners and communities. The first quarter results confirm that our turn around initiatives are effective a... |
Huaxin Cement acquires ARM Cement's Tanzanian unit20 May 2020, Published under Cement NewsThe Tanzanian unit of Kenya's ARM Cement has been sold to China's Huaxin Cement, according to its administrator PricewaterhouseCoopers. Huaxin is expected to invest US$116m into Maweni Limestone Ltd to settle liabilities and another US$30m to complete a plant construction and upgrade. "Securing a suitable investor with the ability to make the requisite investments and inject much-needed capital to boost Maweni's operations [...] was a top priority [...] given Maweni's dire financial si... |
Swiss cement deliveries stable in 1Q2020 May 2020, Published under Cement NewsCement deliveries in Switzerland including Liechtenstein remained largely stable in the 1Q20 at 872,104t, just slightly down from 874,275t reported in 1Q19, according to Cemsuisse, the Swiss cement association. In the 1Q20, 40.1 per cent of deliveries were made by rail, while the rest was transport by road. Ready-mix concrete plants accounted for 73.5 per cent of take-off while 17.8 per cent of deliveries were supplied to in-situ concrete systems at large construction sites and 5.2 per cen... |
Peruvian cement consumption plummets in April19 May 2020, Published under Cement NewsPeru’s cement market sharply contracted to 5700t in April 2020, down from 883,000t in April 2019 and from 488,000t in March 2020, according to Asocem, the country’s cement association. Cement production fell 98.7 per cent YoY to 10,000t in April 2020 from 811,000t in April 2019 and 97.5 per cent MoM from 419,000t in March 2020. There was no clinker output from Peru’s cement producer in April 2020. In April 2019 clinker production stood at 796,000t while in the previous month 352,000t of ... |
Brazil cement consumption declines 7% in April14 May 2020, Published under Cement NewsWhile Brazilian cement sales in April fell 6.9 per cent YoY to 4.1Mt, sales per business day saw a drop of only 2.5 per cent to 185,500t, according to Brazil’s cement association, SNIC. “After a slightly negative quarter of sales (-0.3 per cent 1Q20 x1Q19), caused mainly by the damming of cement purchases in January and February due to heavy rains, which hit several parts of the country, and the beginning of social isolation and demobilisation of sectors of the economy, which started in Ma... |
Semen Indonesia Group sales edge up in April14 May 2020, Published under Cement NewsSemen Indonesia Group (SIG) reported total sales in April 2020 of 3,060,256t, up 0.5 per cent when compared with April 2019, when the group achieved sales of 3,046,007t. Semen Indonesia (including SBI) saw sales advance in April 2020 by 0.7 per cent YoY to 2,860,091t from 2,841,406t. While domestic offtake slipped by 3.9 per cent from 2,516,121t in April 2019 to 2,419,221t one year later, export sales surged by 35.5 per cent YoY to 440,869t (April 2019: 325,285t). Thang Long Cement Co ... |
US and Puerto Rico February Portland and blended cement shipments up 13%13 May 2020, Published under Cement NewsTotal shipments of Portland and blended cement, including imports, in the USA and Puerto Rico advanced 13 per cent YoY in February 2020 to 6.4Mt, reports the US Geological Survey (USGS). The top five state markets were Texas, California, Florida, Arizona and Georgia, which accounted for a total share of 49 per cent of the month’s shipments. The leading producing states for Portland and blended cement were Texas, California, Missouri, Florida, and Alabama. Masonry cement shipments were up sl... |
Argentina’s market contracts 55% in April13 May 2020, Published under Cement NewsCement consumption in Argentina dropped 55.2 per cent YoY and 19.7 per cent MoM in April 2020 to 403,652t from 900,938t in April 2019, according to the latest data by the country’s cement association, AFCP. Production in domestic cement plants fell by 55.1 per cent to 407,645t in February 2020 from 908,737t in the equivalent period of the previous year. When compared with March 2020, the decline was 19.8 per cent. There were no imports in April. Exports saw a 48.8 per cent YoY decrease t... |
CEMBUREAU's Carbon Neutrality Roadmap to reduce CO2 to net zero by 205013 May 2020, Published under Cement NewsCEMBUREAU's Carbon Neutrality Roadmap (CNR) looks at how the European cement industry can reduce its carbon emissions by 2050, and align with the objectives of the European Green Deal. It demonstrates that reaching net zero emissions along the cement and concrete value chain is achievable by 2050. Experts from the European cement industry have looked in detail at the role of key technologies in reducing emissions at each stage of the cement and concrete value chain. CO 2 emissions can inde... |