Cement News tagged under: Weekly Newsletter
Vietnamese market contracts 7% in November23 December 2021, Published under Cement NewsCement dispatches in Vietnam declined by seven per cent YoY to 5,570,069Mt in November 2021 but advanced by six per cent when compared with October 2021, according to the Vietnamese cement association, VNCA. Of this total VICEM saw a six per cent drop YoY to 1,836,559t while associated companies reported an 11 per cent fall to 1,223,510t YoY in November 2021. Other cement producers reported a seven per cent decrease to 2,510,000t when compared with November 2020. When compared with October... |
Argos set to commission new terminal23 December 2021, Published under Cement NewsArgos has invested close to US$42m for the construction of a new terminal in the free trade zone of Cartagena, Colombia. As such, it is expanding its port infrastructure and the movement of cement, clinker and other raw materials to 3.5Mta, which will triple its capacity to receive and export products. The new terminal is expected to begin operations in the first quarter of 2022. "We are extremely proud to materialise this ambitious project to expand our export capacity from Colombia and t... |
Pakistan sees exports surge in November22 December 2021, Published under Cement NewsPakistan's cement and clinker exports has reported mixed results between July 2021 and November 2021. According to a research house, exports observed a negative trend on a cumulative basis driven mainly by the political crisis in Afghanistan, as exports from the north reportedly remained disturbed. Elsewhere, exports from southern plants posted nominal growth. The industry earned US$115.99m in export revenue by dispatching 3.20Mt of cement and clinker overseas in the 5MFY21-22 (1 July-31 No... |
Shree Cement plans new plant in Guntur21 December 2021, Published under Cement NewsIndia’s Shree Cement is planning to set up an INR15bn (US$198.52m) greenfield cement plant in Guntur, Andhra Pradesh. The project will be the company’s first plant in the state and is expected to complete in 24 months. The location was chosen as the growth rate in Andhra Pradesh is reportedly higher than the national average and is expected to improve further. |
Peruvian cement market expands 3% in November20 December 2021, Published under Cement NewsCement dispatches in Peru increased three per cent YoY and 21 per cent when compared with November 2019 to 1.208Mt, according to Asocem, the country’s cement association. Asocem’s member cement producers manufactured 1.157Mt of cement, up two per cent YoY and up 25 per cent when compared with November 2019. In addition, they also produced 0.915Mt of clinker, representing an increase of 38 and eight per cent when compared with November 2020 and November 2019, respectively. Domestic product... |
Kalambaina Cement sees successful start-up of Line 3 project20 December 2021, Published under Cement NewsSinoma CBMI has announced the successful start-up of its EPC project for Kalambaina Cement (BUA) in Sokoto, Nigeria. Work on the 3Mta Line 3 began in the 2Q19 and carried on throughout 2020 and 2021. Sinoma has now begun works on Line 4 for the same site. Kalambaina Cement Line 3 |
Morocco's listed cement producers to end 2021 on positive note16 December 2021, Published under Cement NewsCement producers listed on the Casablanca Stock Exchange are expected to end 2021 with net results up 30.1 per cent YoY, according to Ecofin Agency. The positive performance is driven by active real estate and construction sectors. Holcim Group and Ciments du Maroc posted favourable operating conditions despite the COVID-19 health crisis with combined consolidated sales of MAD8.7bn (US$939m) in the January-September 2021, compared to MAD7.4bn in the 9M20. Their combined domestic cement sale... |
Foundation stone for Shree Cement's Punjab plant16 December 2021, Published under Cement NewsThe Punjab Chief Minister, Charanjit Singh Channi, has laid the foundation stones of Shree Cement’s Punjab plant at Deh Kalan village, and a medical college at Ghabdan village with a total cost of INR1050m (US$13.7m). The chief minister said that the 5Mta project have an estimated cost of INR700m, and includes a captive railway siding. The plant site and rail siding have a total land area of 42ha and will require 32MW of power, he added. |
TCL increases cement prices by 15%14 December 2021, Published under Cement NewsTrinidad Cement Ltd (Cemex group) has announced an ex-factory cement price increase of approximately 15 per cent. The price increase becomes effective on 20 December 2021. TCL said: “We have been absorbing rising input costs for a long time and are now unable to continue to maintain our prices. The main attributing cost factors are natural gas, imported spares ad other raw materials that go into the manufacturing the highest quality cement brands, which you represent. "We assure you th... |
Brazilian sales advance 2% in November13 December 2021, Published under Cement NewsCement sales in Brazil edged up 2.3 per cent to 5.359Mt in November, according to the country’s cement association, SNIC. The latest data follow a continued growth trend but with decelerating magnitude as the market stabilises and the effect of the low base due to COVID-19 wanes. In April growth reached 20.8 per cent. In addition, exports declined 46.8 per cent to 5384t in November 2021 from 5288t in November 2020. In the January-November period, domestic sales were up 6.8 per cent YoY to... |