Cement News tagged under: Weekly Newsletter
Lipetskcement output increases 27.9%, Russia30 October 2013, Published under Cement NewsRussia-based Lipetskcement, part of the Eurocement Group Holding, produced a total of 1.33Mt of cement, an increase of 27.9 per cent (247,350t) compared to the the first three quarters of 2012. In September 2013 alone, the company produced 122,410t of cement, a rise of 46 per cent compared to the same period of last year. During the nine-month reporting period, Lipetskcement shipments reached 1.145Mt, a rise of 27.4 per cent YoY. A total of 753,281t of cement was by delivered by rail, up 4... |
Vietnam October output rises YoY29 October 2013, Published under Cement NewsVietnam produced 5.2Mt of cement in October, up 11 per cent from the month before and 13 per cent YoY, the General Statistics Office (GSO) said. The GSO also revised down the cement output in September to 4.7Mt from an earlier estimate of 5.2Mt. In the first 10 months of this year, companies in Vietnam are estimated to produce 46.4Mt of cement, up five per cent from a year earlier. The country’s cement sales are expected to rise by 4-5 YoY to 56Mt and 57Mt in 2013, including 48-49M... |
Pakistan September export volumes ahead28 October 2013, Published under Cement NewsPakistan achieved double-digit rises in both export volumes and revenue in September compared to the month before, data from the Bureau of Statistics shows. Exports during September 2013 totalled 919,150t on revenues of US$52.41m compared to 765,917t at US$45.30 in August. This translates into a 20.1 per cent rise in terms of volumes and 15.71 per cent increment in foreign exchange revenue. On a YoY basis, volumes rose by 9.87 per cent compared to 836,585t in September 2012, but the va... |
Euro area construction output rises in August28 October 2013, Published under Cement NewsEU construction output increased in August 2013, latest data from Eurostat shows. Seasonally-adjusted production in the construction sector was 0.4 per cent higher in August than in July. Output has been steadily rising since March but remains at historically low levels. Production in August 2013 was 2.5 per cent lower than that in the same month a year earlier. Portugal led the recovery with a 10.8 per cent hike in output from July, followed by Sweden (+4.8 per cent), Hungary (+4.0 per cen... |
Cemex: 9M13 turnover edges ahead25 October 2013, Published under Cement NewsFor the first nine months of the year, Cemex' turnover edged ahead by 0.7 per cent to US$11,352.7m but but EBITDA eased by 0.3 per cent to US$2001.2m as Mexico continues to drag on the company's performance although substantial improvements are seen in the US. The trading profit improved by 12.3 per cent to US$926.3m while the net interest charge increased by 8.3 per cent to US$1,139.4m. The pre-tax loss was reduced by 27 per cent to US$174.3m, but a 53 per cent increase in the tax cha... |
NORM LLC eyes further expansion plans24 October 2013, Published under Cement NewsNORM LLC may consider expanding its new 2Mta Qizildas Cement plant in Azerbaijan as early as next year, plant manager, Osman Nemli, has indicated. Speaking to International Cement Review (ICR) during a tour of the new works as part of the 24th Eurasian Cement Forum hosted by BusinessCem, Mr Nemli said the company may consider increasing capacity and adding new lines as early as mid-2014. Cement production at the US$400m plant started on Tuesday, 22 October 2013. Delegates attending the Eu... |
ACC and Ambuja see slow return to growth24 October 2013, Published under Cement NewsACC and Ambuja Cements, both part of Holcim, have reported a decline in quarterly sales due to subdued demand and lower cement prices, and expect a slow return to growth as near term challenges persist. Net profit at ACC, India's second-largest cement maker, halved to INR1.21bn in the July-September quarter. Net sales rose three percent to INR25.1bn. The company expects "gradual but slow improvement in demand.” Ambuja posted a 45 per cent fall in net profit to INR1.66bn for the quarter ... |
Bangladesh sets next export revenue target24 October 2013, Published under Cement NewsThe government of Bangladesh has set an export revenue target of US$6.46m for cement, stone and salt over FY13-14 its export Promotion Bureau (EPB) has said. However, the country is facing a number of challenges as deliveries to its main export market of India have recently been in decline. Over FY12-13 Bangladesh exported US$6.15m, with earnings including minor amounts of stone and salt. In July 2013 alone, Bangladesh earned export revenues of US$0.71m compared to US$0.56m in the same mont... |
CPA lifts construction growth outlook, UK23 October 2013, Published under Cement NewsThe Construction Products Association is anticipating growth of 19 per cent for the UK construction industry by 2017 – an upward revision from its summer forecast, reflecting an increase in activity, which will boost UK GDP by an additional GBP20bn. Noble Francis, Economics Director of the Construction Products Association, commented: “Construction is set to enjoy growth over the next four years as it recovers from its worst recession in over 35 years. This is mainly due to private housing,... |
Spanish demand falls 22% in first nine months22 October 2013, Published under Cement NewsCement consumption in the first nine months of this year fell by 22 per cent YoY to 8.3Mt, latest data from domestic association Oficemen shows. In September, demand fell to 947,170t, a decline of nine per cent YoY. "The continuing cuts in public works investments are a blow to the activity and jobs in the construction sector, an industry that has been generating wealth and jobs in our country and a benchmark for global efficiency," CEO of Oficemen, Aniceto Zaragoza, said. Citing da... |