Cement News tagged under: Weekly Newsletter
Taiwan's producers see largely positive results in May10 June 2021, Published under Cement NewsTaiwan’s Hsing Ta Cement has posted an 11.3 per cent YoY decline in revenue to TWD627.35m (US$22.65m) in May, compared to TWD706.92m in the year-ago period. However, in January-May 2021 revenue advanced 21.2 per cent to TWD3.21bn from TWD2.64bn in the 5M20. Elsewhere, Universal Cement posted a 32.4 per cent rise in revenue to TWD533.8m from TWD403m in May 2020. Revenue in the first five months of the year also climbed 16.8 per cent to TWD2.5bn from TWD2.14bn. Chia Hsin Cement also saw rev... |
Argentina's cement market expands 35% YoY in May08 June 2021, Published under Cement NewsCement consumption in Argentina declined 7.8 per cent MoM to 874,187t in May 2021 but surged 34.8 per cent YoY from 648,543t in May 2020, according to AFCP, the national cement association. Market demand was entirely supplied by domestic cement plants, which produced 884,204t of cement in May 2021. This represents a 35.4 per cent advance YoY from 653,116t but a 7.5 per cent drop MoM from 955,508t. In addition to supplying the Argentine market, 10,027t of cement was exported in May 2021, u... |
Cement sales stabilise in South Africa in the 3Q2008 June 2021, Published under Cement NewsSales of cementitious products in South Africa edged up 0.3 per cent in the third quarter of 2020 to 3,457,438t when compared with 3,447,822t in the 3Q19, according to Levitt Kirson Business Services Pty Ltd. This followed a 42.5 per cent YoY drop in the 2Q20, when dispatches declined to 1,877,298t from 3,264,718t in the 2Q19. Sales in the 9M20 reached 7.719Mt, down 19.7 per cent when compared with the 9M19, when sales reached 9.619Mt. Full-year sales in 2019 fell seven per cent to 12.726... |
JSW Group links steel and cement for large project businesses08 June 2021, Published under Cement NewsFollowing the successful integration of its retail trade across steel and cement into JSW One in the east, the US$12bn JSW Group and India's largest steel producer will now have a single group interface for all its large project divisions in the steel and cement businesses. The Indian conglomerate has created Aikyam, a technology platform where details can be accessed by the managers of large project divisions from both these businesses to capitalise on the potential opportunities. Aikya... |
Steppe Cement records 14% rise in profit07 June 2021, Published under Cement NewsKazakhstan’s Steppe Cement has posted a net profit of US$11.1m for 2020, up 14.4 per cent YoY from US$9.7m in the previous year. EBITDA also saw a modest increase to US$24.2m from US$23.9m in 2019. However, the company’s cement sales volume decreased 4.1 per cent YoY to 1.65Mt from 1.72Mt. Local sales declined by six per cent, due to milling limitations during two months of the high season, while exports advanced 20 per cent. According to a statement, Steppe Cement operated both lines ... |
Colombian demand more than triples in April04 June 2021, Published under Cement NewsColombia’s grey cement market expanded by 333.5 per cent in April 2021 as demand reached 1.051Mt, according to the country’s statistics agency, DANE. In April 2020 consumption fell to 242,400t as demand contracted sharply due to the COVID-19 pandemic. Domestic cement production quadrupled to 1.236Mt in April 2021 from a low base of 198,900t in April 2020 when the industry was affected by the pandemic. January-April 2021 Cement consumption in the first four months of 2021 rebounded to 4.... |
HeidelbergCement aims to have the first carbon-neutral cement plant02 June 2021, Published under Cement NewsHeidelbergCement has announced its intention to upgrade its plant on the Swedish island of Gotland to become the world’s first carbon-neutral cement plant. The installation at the Slite plant of HeidelbergCement’s subsidiary Cementa will be scaled to capture up to 1.8Mt of CO 2 annually, which corresponds to the plant’s total emissions. Additionally, the use of bio-based fuels in the cement production at Slite will be increased in line with the group’s commitment to significantly r... |
US shipments see 16% uptick in March02 June 2021, Published under Cement NewsTotal shipments for Portland and blended cement, including imports in the USA and Puerto Rico advanced 16 per cent YoY to 9Mt in March 2021, reports the US Geological Survey (USGS). A total of 45 per cent of deliveries was supplied to the leading cement-consuming states – Texas, California, Floria, Georgia and Arizona. Texas was also the leading producing state, followed by California, Missouri, Florida and Alabama. Masonry cements increased 9.6 per cent YoY to 222,000t in March 2021. The ... |
Iran's largest cement line inaugurated02 June 2021, Published under Cement NewsIran’s largest cement line at Abyek Cement Complex was put into operation on Tuesday, according to the Tehran Times. Speaking at the inauguration ceremony, Alireza Razm Hosseini, the country’s industry, mining and trade minister, noted that Iran’s cement capacity has now reached 80Mta with a demand of 70Mta. However, the exact production capacity of the new line has not been reported. Currently there are 96 cement production lines active in 74 factories across the country, with almost hal... |
New CEO for LafargeHolcim's US cement business02 June 2021, Published under Cement NewsLafargeHolcim has announced the appointment of Toufic Tabbara as CEO of its US cement operations. "Toufic is a proven leader in this industry. With a professional background that crosses diverse business divisions and spans both US and global geographies, he is well positioned to drive continued growth across the US cement business," said Group Executive Committee Member and Region Head of North America, René Thibault. Mr Tabbara joined LafargeHolcim in 1998, beginning his career in th... |