Cement News tagged under: cement production
Russian cement demand forecast to drop 15% in 202501 November 2024, Published under Cement NewsRussia's current decline in housing construction threatens to result in a significant drop in domestic cement consumption. The volume of cement consumption in the country in 2025 is expected to decrease by 10-15 per cent compared to this year's figures, predicts Denis Usoltsev,who leads the Marketing and Strategic Analysis Department at Cemros JSC, one of Russia's leading cement producers. As the mass housing construction sector is showing no growth, the hopes of the country's cement produce... |
Ignites to supply green electricity to Akmenes Cementas23 September 2024, Published under Cement NewsSmart energy solutions company Ignites will supply electricity generated by its wind farm in Mažeikiai to Akmenes Cementas , Lithuania. Ignites and Akmenes Cementas, which is owned by German building materials producer, Schwenk Cement Beteiligungen, signed a four-year power purchase agreement (PPA) for Ignites to start supplying electricity in 2026. This is the largest PPA Ignites has ever signed in Lithuania. Haroldas Nauseda, head of B2B customers and expansion at Ignitis, said,... |
Kenya surveils substandard cement10 September 2024, Published under Cement NewsThree out of five cement samples that the Kenya Bureau of Standards (KEBS) collected in a market surveillance operation failed the standards test. The report indicates that only 38.1 per cent of the cement tested in February 2022 met the required standards, including the capacity to withstand the slightest pressure without crumbling. Subsequent tests found that the quality of cement improved, with 63.4 per cent meeting the compressive strength test in December 2023, which the standards... |
Cement production sees negligible growth in 7MFY23-2410 April 2024, Published under Cement NewsAccording to the Pakistan Bureau of Statistics, Pakistan’s cement industry production during the first seven months of FY23-24 (July 2023-January 2024) stood at 24.24Mt, almost flat (0.05 per cent growth) compared to the previous year’s corresponding data. The obvious reason was the slowdown in the country’s construction industry due to the high cost of business. However, Johar Qandhari, president of the Korangi Association of Trade and Industry (KATI), expressed satisfaction over the re... |
Cambodia's cement production unchanged in 202314 February 2024, Published under Cement NewsCambodia’s domestic cement production remained unchanged in volume in 2023 compared to a year before, reports the Cambodian Cement Manufacturing Association. Last year, the local cement production was about 8Mt, while the full production capacity of the existing five cement factories is 9Mta. The Cambodian Cement Manufacturing Association stated, “In 2023, cement production and sales in Cambodia decreased slightly compared to 2022,” the association’s secretary-general Puth Chandarith ... |
Low cement production in 1HFY22-23 attributed to construction downtrend26 May 2023, Published under Cement NewsLast week, the State Bank of Pakistan (SBP) released its half year report for the FY22-23 on the state of Pakistan’s economy. The analysis in the report covered all sectors, including cement, was prepared on data for the July-December 2022 period. Cement industry output The output in the cement sector contracted by 15.1 per cent during the 1HFY22-23, compared to a 0.9 per cent decline in the same period last year. According to the All Pakistan Cement Manufacturing Association (APCM... |
Pakistan cement production output fall in 9MFY2317 May 2023, Published under Cement NewsThe political unrest, fragile economy, high-interest rates and inflation are now reflected in the production data of large Pakistan-industry industries. On top of this, restrictions on raw materials import also dent industrial progress. The overall output of Pakistan's Large-Scale Manufacturing Industries Index (LSMI) has shown a decline of 8.11 per cent during July- March 2022-23 compared with last year. The LSMI output decreased by 24.99 per cent for March 2023 compared with March 2022 ... |
Brazil bets on housing to revive the market05 May 2023, Published under Cement NewsThe outlook for Brazil's cement market remains uncertain following weak first quarter volumes, with demand falling 1.1 per cent to 14.6Mt over the firhst three months. This follows a lacklustre performance in 2022, when annual demand fell 2.8 per cent to 62.6Mt. The Brazilian cement association, Syndicato Nacional Da Industria Do Cimento (SNIC), has revised down its expectations for 2023 demand, which it had previously indicated would enjoy growth by one per cent to 64Mt. A weakening o... |
Steppe Cement records 11% revenue growth in 202212 January 2023, Published under Cement NewsSteppe Cement Ltd recorded 11 per cent revenue growth in 2022 to KZT40m (US$86,560) from KZT36m a year earlier, citing positive market conditions as it focussed on the Kazakh domestic market. The average price for delivered cement in 2022, excluding value added tax, was KZT23,963/t, up 12 per cent from KZT21,332 a year earlier. Steppe Cement reported positive market conditions in the Kazakh domestic market where cement market consumption remained at around 11.6Mt last year. Steppe Ce... |
Pakistan records a 21% decline in cement dispatches in 1HFY22-2306 January 2023, Published under Cement NewsThe negative trend in cement dispatches in Pakistan has continued in the last few months. The latest data for 1HFY22-23 and December 2022 show the sector has been affected by a slowdown in the local construction industry and unviable exports. Pakistan’s total cement deliveries (domestic and exports) were 21.764Mt during 1HFY22-23, which is 20.7 per cent lower than 27.456Mt dispatched during 1HFY21-22. Out of this total, domestic volumes were 20.03Mt against 24.065Mt during the same period la... |