Cement News tagged under: Weekly Newsletter
HeidelbergCement reports good 2019 results growth18 February 2020, Published under Cement NewsHeidelbergCement reports good 2019 results growth in addition to the preliminary unaudited figures already published on 12 February 2020, HeidelbergCement has today presented – as scheduled – preliminary unaudited figures for the group areas and the fourth quarter 2019. "We have concluded the 2019 business year successfully," said Dr Dominik von Achten, chairman of the Managing Board of HeidelbergCement. “All group areas contributed to the good results – however with varied development in t... |
Vietnam demand expected to rise by 4-5 per cent in 202018 February 2020, Published under Cement NewsCement and clinker demand in Vietnam is expected to edge up by 4-5 per cent in 2020, according to the country's Ministry of Construction (MoC). Volumes are expected to reach 101-103Mt, according to a report by Vietnam Plus. The expected range comprises 69-70Mt of domestic sales and 32-34Mt of exports. Chairman of the Vietnam Cement Association, Nguyen Quang Cung, said that cement demand has expanded at a higher pace compared to GDP in previous years. However, the trend has been in reverse i... |
Argos celebrates launch of green cement at Rioclaro17 February 2020, Published under Cement NewsCementos Argos' Rioclaro plant has started its new 0.45Mta calcined clay production line involving an investement of US$78m investment for the manufacture and distribution of green cement. In this process, the use of clinker is reduced thanks to the incorporation of calcined clays (artificial pozzolan). During the production process, CO 2 emissions are reduced by up to 38 per cent and energy consumption lowered by 30 per cent. "With this project, we are leading the industry and sowi... |
Mitsubishi Materials and Ube Industries Ltd consider cement merger14 February 2020, Published under Cement NewsJapan’s Mitsubishi Materials Corp has signed letter of intent regarding the merger of its cement business with Ube Industries Ltd. The company’s will now begin discussions regarding the integration and plan to sign a definitive agreement around September 2020. The two companies already have a joint venture, Ube-Mitsubishi Cement Corp, established in 1998. "While the business situations surrounding the cement business in Japan are currently undergoing significant changes, including slowing ... |
HeidelbergCement sees revenue rise 4% in 2019 preliminary results13 February 2020, Published under Cement NewsHeidelbergCement has announced a 4.3 per cent YoY increase in group revenue to EUR18.851bn in its preliminary results for 2019. On a like-for-like (LfL) basis, the rise moderated to 2.1 per cent YoY. The result from current operations advanced 8.8 per cent YoY to EUR2.186bn, or 4.5 per cent growth LfL. However, the company’s cement and clinker sales volumes fell 3.1 per cent in 2019 to 125.9Mt. Excluding consolidation effects, sales volumes were 1.6 per cent below the previous year. Aggre... |
Cemex records flat net sales of US$3.3bn in 4Q1913 February 2020, Published under Cement NewsCemex announced that its 4Q19 net sales remained flat at US$3.3bn and fell for the full year by one per cent to US$13.1bn. Operating EBITDA, on a like-for-like basis, fell by 15 per cent in 4Q19 to US$554m and fell by 10 per cent for the full year to US$2.4bn. Cemex attributed the fall in net sales lower volumes in all regions, which higher prices in local currency were unable to offset. Net operating earnings before other expenses in 4Q19 decreased by 31 per cent to US$282m and were down b... |
Vietnam cement sales expand 13% in December12 February 2020, Published under Cement NewsTotal cement sales by Vietnamese cement producers increased 13 per cent YoY and five per cent MoM to 9,573,455t in December 2019, according to the Vietnam National Cement Association (VNCA). Domestic consumption saw a two per cent rise YoY and a nine per cent increase MoM to 5,921,910t in December 2019. Of this total, VICEM sales edged up by two per cent YoY and 10 per cent MoM to 2,002,655t while its joint-venture companies saw sales drop by five per cent to 1,539,255t when compared with ... |
US cement sales show modest gain in 201911 February 2020, Published under Cement NewsCement sales edged up to US$12.5bn in 2019, according to the US Geological Survey (USGS). Of this total 70-75 per cent of sales were to ready-mixed concrete producers, 10 per cent to concrete product manufacturers, 8-10 per cent to contractors and 5-12 to other customers. Around 100Mt were shipped to final customers, including around 1Mt of exports. In 2018 shipments reached 98.48Mt. The average cement increased from US$121/t in 2018 to US$123.50/t in 2019. The USGS reported that construc... |
Buzzi Unicem cement sales reach 29.1Mt in 201910 February 2020, Published under Cement NewsBuzzi Unicem's sales volumes during 2019 exceeded the level reached in the previous year in all the areas where it operates, thanks to the robust growth recorded in the USA. Group cement sales stood at 29.1Mt, up 4.3 per cent compared to 2018. Ready-mix concrete output, amounting to 12.1Mm 3 , was in line with the volumes of the previous year (+0.2 per cent). Consolidated net sales increased by 12.1 per cent, from EUR2873m to EUR3221m. Variances in the exchange rates, mainly consisting of ... |
Moroccan cement dispatches increase to 13.6Mt in 201906 February 2020, Published under Cement NewsMoroccan cement deliveries by members of the country’s cement association, APC, slipped to 1,038,250t in November 2019, down 2.5 per cent from 1,064,498t in November 2018, according to data published by the country’s Ministry of Housing and Urbanisation. In December 2019 a similar trend was seen as YoY sales fell 2.5 per cent to 1,189,135t from 1,219,219t. APC members include Asment Temara, Ciments de l’Atlas, Ciments du Maroc and LafargeHolcim Maroc. January-December 2019 However, full-... |