Cement News tagged under: consumption
Germany's housing benefits26 October 2015, Published under Cement NewsFollowing last year’s recovery in German cement demand, a subdued start to 2015 means growth is likely to peter out. Housebuilding continues to recover from a low base, but the outlook for industrial construction appears downbeat. On the corporate front, M&A activity and asset swaps by European majors have led to some German plants now being under new management. German housing continues its recovery and increases its share of German construction activity The German economy grew... |
Spain: monthly demand up but slowdown noted23 October 2015, Published under Cement NewsSpain’s cement consumption in the first nine months of 2015 increased by 4.8 per cent, but the growth rate decelerated in the past three months, according to Oficemen, the country’s cement association. At the end of June 2015, the market expanded by 8.6 per cent. The slowdown in growth has been attributed to a drop in public works. While September demand posted an increase of 3.1 per cent to 982,379t, the CEO of Oficemen, Aniceto Zaragoza expressed his concern: "We are witnessing with gre... |
Peru’s demand falls 1.9% in September16 October 2015, Published under Cement NewsCement dispatches in Peru slipped 1.9 per cent in September to 0.887Mt from 0.905Mt in September 2014, according to Asocem, the country’s cement association. Exports declined by 13.9 per cent to 26,000t in September. Cement production increased 4.6 per cent YoY to 0.958Mt as the new plant of Cementos Pacasmayo, located in Piura, came on-stream. However, Asocem said: “The September production [figure] includes several tests at the new plant and therefore the strong rise in output is an anom... |
Thai 3Q consumption likely to be flat - report07 October 2015, Published under Cement NewsCement consumption in Thailand is likely to be rather flat in 3Q15 and 9M15, according to a report by Bualuang Securities focussed on domestic cement major Siam Cement Co (SCC). Last week, the research house accompanied SCC's management and IR team to meet investors in Germany, Switzerland and France. The information gathered during the non-deal roadshow (NDR) gave Bualuang a clearer picture of SCC's long-term growth profile. Regarding SCC's Cement-Building Materials (CBM) business, Bual... |
Argentina's total cement sales increase 7% YoY September05 October 2015, Published under Cement NewsTotal cement sales increased 14.9 per cent MoM and seven per cent YoY to 1.128Mt in September, according to AFCP, the Argentine cement producers’ association. In the domestic market, around 1.131Mt was dispatched – up 15.7 per cent MoM and 8.2 per cent YoY. While exports fell 46 per cent from 8863t in September 2014 to 4780t in September 2015, MoM they registered a 15 per cent rise. Imports rocketed from 421t in September 2014 to 7732t one year later. There were no imports in Augus... |
Turkey: playing the long game05 October 2015, Published under Cement NewsDespite a weak start to 2015, the blip in Turkish cement demand is likely to be relatively short-lived. Although continued political and hence, economic uncertainty are expected to impact near-term cement consumption, the longer-term forecast is much more positive. Large-scale infrastructure developments and a revival in housing projects are the main factors behind these attractive future growth prospects. By Cem Emre Bilgin, Garanti Securities, Turkey. International Cement Review loo... |
Colombian cement consumption rises 8.6% YoY in August02 October 2015, Published under Cement NewsColombia’s cement market expanded by 8.6 per cent YoY in August to 1.108Mt on the back of increased demand from construction companies and contractors (+21.4 per cent) and ready-mix firms (+9.7 per cent) which accounted for 6.3 percentage points of the increase, according to national statistics office DANE. Key growth areas during the month were Cesar (+35.2 per cent), Nariño (+26.2 per cent) and Valle del Cauca (+13.2 pe cent). Greater Bogotá, Atlántico and Bolívar noted a rise in demand... |
PT Semen Indonesia29 September 2015, Published under Cement NewsPT Semen Indonesia’s total cement sales volumes grew by 11.5 per cent to 2.33Mt in August, compared to 2.01Mt in the same month last year. Of this, Semen Indonesia accounted for 1.27Mt, an increase of 13 per cent compared to August 2014, while Semen Padang sold 578,067t, representing a 10.5 per cent expansion, and Semen Tonasa saw a 9.2 per cent increase to 477,039t. Another notable improvement was Semen Padang’s exports which jumped by 51.3 per cent in August this year to 21,308t, compared ... |
Colombian market expands 8.8% in July23 September 2015, Published under Cement NewsGrowth in Colombian cement demand continues as dispatches increased 8.8 per cent YoY to 1.152Mt, according to DANE, the country's statistics office. Key markets were Antioquia (15 per cent of total demand), Bogota (13.4 per cent) and Cundinamarca (9.2 per cent). Output edged up 3.1 per cent to 1.111Mt. Some 65 per cent of dispatches is bagged cement with bulk deliveries taking up just over a third. In the January-July period domestic cement consumption expanded seven per cent YoY to tot... |
Peru: demand slips 3.8 per cent YoY in August18 September 2015, Published under Cement NewsPeru’s cement market continues to contract as domestic dispatches fell 3.8 per cent YoY in August, according to Asocem, the country’s cement association. Output fell by 6.6 per cent when compared with August 2014. For the year to date, domestic demand decreased 4.4 per cent YoY while total dispatches (including exports) saw a 3.7 decline. "The cement market continues to decline on an annualised basis from September 2014 to August 2015, however, growth is observed every month, from April t... |