Cement News tagged under: cement sales
Saudi Arabian cement sales down 16% in January15 February 2017, Published under Cement NewsDomestic cement deliveries in Saudi Arabia in January 2017 were 15.9 per cent lower than in the same month the previous year, according to statistics released by Yamama Cement. At 4.78Mt, cement sales in the country were significantly below the January 2016 figure of 5.68Mt. Meanwhile, Saudi producers continue to amass clinker stocks, adding another 0.4Mt to their reserves in January. Clinker stocks now amount to 28.5Mt – enough to supply more than six months of Saudi cement demand at ... |
Pakistan: capacity utilisation tops 90% in December 201602 February 2017, Published under Cement NewsAccording to figures released by the All Pakistan Cement Manufacturers Association (APCMA), cement sales in December 2016 reached 3.56Mt, with capacity utilisation running at 90.9 per cent, the Nation newspaper reports. The first six months of Pakistan’s 2017 fiscal year, which began in June 2016, has seen local cement consumption rise by 11.1 per cent on the same period in 2015. Declining export sales have been more than matched by rising local demand, with the result that total shipm... |
Lucky Cement sees half-year profits rise 12.5% to US$67m27 January 2017, Published under Cement NewsLucky Cement has announced that its profits rose by 12.5 per cent YoY in the last six months of 2016 to PKR7bn (US$67m). In a statement to the Pakistan Stock Exchange, Lucky revealed that it had sold 3.5Mt of cement and 235,000t of clinker during the first six months of FY17. Cement sales improved over the previous year by 5.4 per cent, while no clinker sales at all took place in the corresponding period in FY16. Cement production also rose to 3.5Mt, up six per cent on FY16, while clin... |
PT Indocement25 January 2017, Published under Cement NewsTotal cement sales in Indonesia, including PT Indocement, fell by 5.4 per cent MoM to 5.7Mt in November 2016. This represents an annual decline of 5.3 per cent. Sales for the first 11 months of the year, however, were up 2.8 per cent compared to the same period in 2015, driven by government-led infrastructure development. The housing market, meanwhile, remained flat and high rainfall has delayed a number of projects. Cement consumption by region showed an 18.2 per cent decline in sales in... |
India: Sagar Cements sees sales dip in December06 January 2017, Published under Cement NewsIn a trading statement released this week, Sagar Cement has reported a slight decline in cement sales for December compared with a year earlier. Consolidated results – which include the firm’s BMM subsidiary – show cement sales dropping by 0.4 per cent to 154,196t. Sales at Sagar’s core business dropped more appreciably, being down 4.6 per cent at 100,054t. For the nine months from April to December, consolidated sales rose by 17.9 per cent to 1.56Mt, while standalone sales fell by 10.... |
Pakistan: cement dispatches up but exports decline06 January 2017, Published under Cement NewsDuring the first six months of current FY16-17, Pakistan's cement industry recorded a growth of 11.07 per cent in local dispatches, while exports declined 3.53 per cent compared during the same period of last year, respectively. The overall situation during July to December 2016 saw 8.65 per cent growth compared to the same period of last fiscal year, according to data released by All Pakistan Cement Manufacturers Association (APCMA). Sayeed Tariq Saigol, APCMA chairman, said that domest... |
Costa Rica: Cemex supplying road link upgrade project06 January 2017, Published under Cement NewsCemex Latam Holdings, subsidiary of Cemex, has supplied cement to a 50km road upgrade project of the Inter-American Highway in Costa Rica. The highway was widened to four lanes, with two in either direction. Some 200,000t of high-strength cement was supplied by Cemex to produce the concrete. The road surface now features a 250mm-thick layer of concrete, which was considered more suitable for the conditions than asphalt. The new dual carriageway connects the towns of Canas and Liberia and ... |
Nigeria: BUA Group to offer incentives to cement distributors03 January 2017, Published under Cement NewsBUA Group, the conglomerate which owns the Cement Company of Northern Nigeria, is to offer incentives of NGN100m (US$0.3m) to cement distributors who exceed their sales targets, the Nation reports. “We have embarked on an expansion drive and this will be completed in 2018. Cement business is a very challenging one, because it is a capital intensive business; but I want to assure you that our expansion project will be completed by the end of next year or at the beginning of 2018”, said Alh... |
Indonesian cement sales fall 9% in November14 December 2016, Published under Cement NewsThe Indonesian cement market is seeing a steep fall in cement sales as the year draw to a close. Cement sales volume during January-November 2016 was almost stagnant with November sales down nine per cent when compared with the same period last year to 5.74Mt, according to the Indonesian Cement Association (ASI). Cement sales volumes during the 11M16 period increased only 0.3 per cent YoY to 56.5Mt. In 2015 sales expanded by 1.8 per cent driven by government spending at the end of the yea... |
CRH revenues rise to US$22bn on stronger US construction activity17 November 2016, Published under Cement NewsIn a trading update covering the first nine months of 2016, CRH announced that its sales revenues had reached EUR20.4bn (US$21.9bn) with improved performances in its European, Asian and American operations. On a pro forma basis, accounting for new revenues generated by acquisitions from LafargeHolcim, sales were six per cent higher in the year to September 2016 than they had been in the same period in 2015. The firm’s EBITDA improved by a greater margin – 14 per cent – reaching EUR2.4bn f... |