Cement News tagged under: cement sales
Dangote Cameroon sells 1Mt of cement in the 9M2020 November 2020, Published under Cement NewsDangote Cameroon has announced that it sold around 1Mt of cement from its 1.5Mta grinding plant in the first nine months of 2020, up 18 per cent YoY from the 9M19. The company has estimated that it had a 39 per cent market share during the period. The rise in demand has been attributed to increased investments in construction projects. “The market is primarily driven by individual construction projects and government housing estates,” said the company. |
PPC sees rise in sales volumes in the 3Q2016 November 2020, Published under Cement NewsSouth Africa’s PPC has announced that its cement sales volumes increased 20-25 per cent YoY in the third quarter of 2020. "This trend has continued in October with strong cement sales volumes experienced for the month, up 15-20 per cent compared with the same period last year," said the group in an operational update. The rise in sales has been attributed to individual consumers instead of construction companies. In July-September 2020, sales volumes in PPC Zimbabwe and PPC Barnet i... |
Ramco Cements posts 40% increase in net profit04 November 2020, Published under Cement NewsIndia’s Ramco Cements has reported a 40 per cent YoY increase in net profit to INR2.36bn (US$31.69m) for the second quarter of the FY20-21. However, revenue was down 4.6 per cent to INR12.65bn from INR13.26bn in the corresponding period of the previous fiscal. EBITDA surged 48 per cent YoY to INR4.5bn from INR3.04bn, on the back of improved margins. During the quarter, the stability in cement prices, improved sale of its flagship products and premium products in the trade segment played ou... |
Uruguay sees exports rise in the 2Q2020 August 2020, Published under Cement NewsCement sales in Uruguay reached 166,074t in the second quarter of 2020, a 3.9 per cent drop YoY, according to data from the Chamber of Industries. Of the total, 97 per cent were domestic sales and three per cent were exports, mostly to Paraguay. Domestic sales were down 4.1 per cent YoY, but exports climbed 3.9 per cent. |
Puerto Rican cement sales rise in July19 August 2020, Published under Cement NewsPuerto Rican cement sales increased 23.8 per cent YoY in July 2020, rising to 1.42m (42.5kg) bags from 1.15m bags in the corresponding period of 2019, according to Sin Comillas. Cement sales reportedly began to recover in May 2020 and surged 42 per cent YoY in June 2020. Cement production also advanced 31.3 per cent YoY to 1.32m bags in July 2020. |
Loma Negra sees 30% decline in revenue for 2Q2012 August 2020, Published under Cement NewsArgentina’s Loma Negra has announced a 30.1 per cent YoY decline in net revenue to ARS7453m (US$104m) in the second quarter of 2020. Consolidated adjusted EBITDA was also down 24.6 per cent to ARS2077m, while the margin climbed from 25.8 to 27.9 per cent. "Cement demand in Argentina in the second quarter contracted around 32 per cent YoY and around four per cent when compared sequentially with the previous quarter. Taking a closer look on the behaviour of our demand, we observed that the in... |
Bangladesh's raw material imports decline 13%11 August 2020, Published under Cement NewsThe value of raw material imports for Bangladesh’s cement industry fell almost 13 per cent YoY to BDT64.81bn (US$764.1m) in the FY19-20, on the back of a stagnation in construction activities due to the COVID-19 pandemic. Businesses imported 18.6Mt of cement clinker, granulated slag, limestone flux and gypsum in the last fiscal year, down from 20.99Mt a year ago, according to the Chattogram Custom House. Most of the materials came through the Chattogram port from Thailand, Vietnam and Chin... |
Cement production falls 29% in Fiji01 July 2020, Published under Cement NewsIn the Reserve Bank of Fiji’s economic review for June 2020, it has found domestic cement production to have fallen 28.7 per cent YoY in the 5M20. The results have been largely attributed to weak demand. Cumulative domestic cement sales also declined 18.8 per cent YoY in the year up to May 2020. |
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... |
GCC sees 8% rise in consolidated net sales23 October 2019, Published under Cement NewsMexico's Grupo Cementos de Chihuahua (GCC) has recorded an 8.3 per cent YoY rise in consolidated net sales to US$301.7m for the third quarter of 2019, on the back of improved cement volumes and prices in Mexico and the USA. EBITDA advanced 15.2 per cent to US$96.4m from US$83.7m in the 3Q18, while the EBITDA margin remained largely unchanged at 31.9 per cent from 30 per cent. Regionally, net sales rose 5.5 per cent and 9.1 per cent in Mexico and the US, respectively. "GCC delivered stro... |