Cement News tagged under: consumption
VNCA expects 4% rise in 2015 sales15 June 2015, Published under Cement NewsVietnam's Ministry of Construction expects a four per cent YoY rise in cement and clinker sales in 2015 to 74Mt, comprising 53Mt of domestic sales and exports of 20Mt. Latest figures released by the Vietnam National Cement Association (VNCA) show that in the four months leading up to May domestic cement sales jumped three per cent YoY to 15.89Mt. For the month of April alone the VNCA statistics indicate that sales of cement surged 113 per cent YoY to 5.45Mt, but were down 28 per cent Y... |
Morocco sees 8.5% market contraction in May12 June 2015, Published under Cement NewsMoroccan cement sales fell 6.3 per cent MoM and 8.5 per cent YoY in May 2015 to 1,266,114t, according to Ministry of Housing. The latest figure effectively neutralises any growth noted in the first four months of the year. For the year to date cement sales reached 6,172,299t, down slightly by 0.3 per cent when compared with 5M14. Cement sales decreased considerably in Chaouia-Ourdigha (-29 per cent), Guelmim-Es-Smara (-27 per cent) and Laâyoun-Boujdour-S-Elhamra (-26 per cent). |
Cement sales in Cyprus fall over first five months12 June 2015, Published under Cement NewsCement sales in Cyprus fell 10 per cent from January to May compared to the same period a year ago to 170,684t, Cystat, the country’s statistical service, said. In May alone, there was a two per cent drop to 38,053t compared to the same month last year, Cystat said in a statement on its website. Cyprus’ prolonged economic recession has led to continuous declines in domestic cement demand since 2008 when consumption had reached 1.92Mt. In 2014 demand is expected to have fallen to 0.44Mt – s... |
Tunisian cement demand falls 6.5% in 4M1511 June 2015, Published under Cement NewsIn the first four months of 2015, the Tunisian cement marked contracted by 6.5 per cent YoY to 2.4Mt, according to the latest data revealed by Taoufik Khardani, deputy director of building materials industries at the country’s Ministry of Industry. However, exports were up by 28 per cent from 461,000t to 590,000t. Tunisia’s cement producers manufactured 2.98Mt of cement, down 5.6 per cent on 4M14, when 3.16Mt of cement was produced. |
PCA: 'global cement consumption on the rise'04 June 2015, Published under Cement NewsGlobal cement consumption is expected to grow through 2015 and 2016, with North America leading recent gains in the developed world, according to a report released by the Portland Cement Association (PCA). According to forecasts by the association, cement consumption among developed economies increased by roughly 9.2Mt in 2014, followed by another 9Mt increase in 2015. "Most of the gains in developed world cement consumption is attributed to North America," said Edward J Sullivan, chief ec... |
Argentinian cement deliveries up 8.3% YoY in May03 June 2015, Published under Cement NewsIn May 2015 Argentina’s cement plants shipped 1,001,540t of cement (including exports), representing a five per cent drop compared to last April, but up 7.8 per cent YoY, according to the Argentinian cement producers' association, AFCP. The domestic market expanded by 8.3 per cent YoY as 996,149t were delivered within the country’s borders. When compared with the previous month, a 4.7 per cent fall was noted. |
Spain: April cement demand up 13% YoY20 May 2015, Published under Cement NewsCement consumption in Spain has expanded by 13.3 per cent to 961,712t in April 2015 when compared with April 2014, according to cement association, Oficemen. For the first four months, domestic demand increased by 9.7 per cent YoY to 3,514,175t “Although the data are starting to look much better, we know a lot of work remains to be done, because we do not expect to achieve a full recovery before the end of the next decade,” said Aniceto Zaragoza, Oficemen CEO. |
Morocco sees monthly demand uptick20 May 2015, Published under Cement NewsMoroccan cement orders increased 3.35 per cent in April to 1.38Mt from 1.33Mt in April 2014. The regional markets in particular supported this growth with Oued Eddahab reporting sales up by 49.05 per cent in April, followed by Doukkala-Abda (+41.23 per cent) and Gharb-Cherarda-Bhssen (+20.26 per cent). However, major consuming areas such as Greater Casablanca and Rabat-Salé-Zemmour-Zaer noted falls of 5.16 and 3.43 per cent, respectively. For the year to date, the domestic market expande... |
India: hopes of Budget boost19 May 2015, Published under Cement NewsAfter registering a robust advance of 10 per cent during the April-September 2014 quarter, Indian cement demand is expected to have slowed to just five per cent over the final six months of FY15. With full-year demand likely to have fallen short of expectations, a sustained high growth trajectory is now forecast in FY16. On the corporate front, M&A activity is hitting the headlines as Lafarge and Holcim receive country clearance for their proposed merger, while UltraTech Cement increases cap... |
Steppe Cement swings to full year loss, Kazakhstan15 May 2015, Published under Cement NewsSteppe Cement has swung to a FY pretax loss of US$8.1m in 2014 from a US$13m profit in the previous year. Revenue totalled US$116.63m in 2014 versus US$127.98m in the year before. The net loss amounted to US$7.9m from a profit of US$10.5m in 2013. The 2014 results were affected by the depreciation of the Kazakshtan Tenge in February, the subsequent devaluation of the Rouble and the lower oil price. During the year the company ceased operating the clinker production in the old wet lines and... |