Cement News tagged under: Consumption
Argentina's July cement demand up 7.2% MoM08 August 2014, Published under Cement NewsIn July 2014, Argentina's cement market required 949,904t of cement (including imports), 7.2 per cent more than in June, but registering a 5.4 per cent YoY fall. The country's cement producers delivered 967,752t to domestic and overseas markets, which represents a MoM increase of 7.6 per cent. When compared with July 2013, however, a 4.7 per cent drop was noted. |
Nordic warm-up06 August 2014, Published under Cement NewsIn 2013, the Nordic region registered gains of varying levels in its cement demand with all countries, except Finland and Sweden, enjoying an upturn. With GDP growth rates generally set to improve this year, cement producers can perhaps expect a wider recovery of cement consumption throughout the area although market expansion appears somewhat elusive. Can Nordic cement producers expect cement markets to follow the predicted economic upturn? (Pictured: Aalborg Portland’s Rørdal pla... |
Suez Cement 1H earnings rise on cost control efforts23 July 2014, Published under Cement NewsSuez Cement Group of Companies (SCGC) posted an increase in revenues and earnings for the first half of 2014 which it attributed in part to cost control measures. While the outlook for cement demand is more encouraging, energy shortages remain a key concern for the Italcementi group company. SCGC, which operates a network of five production facilities across Egypt, reported a 23 per cent increase in consolidated revenues in the six months to the end of June 2014. Recurring EBITDA was six p... |
Qatar demand slows during Ramadan22 July 2014, Published under Cement NewsCement demand in Qatar has dropped by 40 per cent during Ramadan, prompting the country’s largest cement producer to undertake maintenance work during the slowdown. Speaking to The Peninsula, Mohamed Al Sulaiti, general manager of Qatar National Cement Company (QNCC), said the company is taking the opportunity to conduct equipment maintenance to enable it to better serve the market during the busy season starting from mid-August. QNCC in June contracted Fives FCB (France) to construct a... |
Improving demand outlook for SCC, Thailand15 July 2014, Published under Cement NewsDespite demand for cement and building materials yet to show signs of recovery in Thailand, consumption is expected to improve, particularly from next year, according to a recent report. Analysts at TISCO Securities believe the economic policy of the new government will help boost domestic consumption and raise public investments, which will turn to demand for basic materials, e.g. cement, building materials, paper & packaging and plastics, all of which are SCC's products. However, the de... |
Indonesia sales growth slows in first six months14 July 2014, Published under Cement NewsIndonesian cement sales growth has slowed in the first six months of the year, leading to concerns that the country may miss its full year target. For the six months to the end of June 2014, domestic sales reached 28.9Mt, up 3.9 per cent YoY but well below the full-year growth target of six per cent. According to data from the Indonesian Cement Association (ASI), cement demand on the island of Sulawesi rose at the highest YoY rate of 5.7 per cent YoY to 2.1Mt. Consumption on Java, Ind... |
Argentina: May cement deliveries increase 2.6 per cent MoM02 July 2014, Published under Cement NewsIn May 2014, Argentina’s cement producers delivered 929,202t of cement (including exports), up 2.6 per cent when compared with April, but down 8.5 per cent YoY. Domestic demand, including imports, increased 2.7 per cent MoM to 920,093t. Compared with May 2013, however, it fell by 7.8 per cent. |
A bumpy recovery02 July 2014, Published under Cement NewsWhile Central America offers a healthy potential for infrastructure development and housing construction, limited economic growth and investment are expected to hinder a corresponding rise in cement demand going forward. In addition, the rapid build-up of capacity has resulted in lower utilisation rates across the region. By Rob Roy, ROI Economic Consulting, USA. Panama (pictured) is the fastest-growing cement market in Central America, followed by Guatemala Central America has ... |
Bolivia's cement market expected to expand 6-10% in 201401 July 2014, Published under Cement NewsCement producers in Bolivia expect domestic cement demand to grow by 6-10 per cent in 2014. Last year, consumption reached 3.3Mt and sources at Fancesa said cement demand is forecast to be higher this year. The departments of La Paz, Cochabamba and Santa Cruz comprise around 75 per cent of domestic demand. In 2013, Soboce sold 1.55Mt of cement but the company said that sales during the first quarter of this year were affected by heavy rains. Between January and May 2014, it produced 5... |
PCA commends Corker-Murphy plan – estimates US$210bn additional for infrastructure investment25 June 2014, Published under Cement NewsLast week, Senator Bob Corker (R-TN) and Senator Chris Murphy (D-CT) announced a plan calling for an increase in federal petrol and diesel taxes to shore up the Highway Trust Fund (HTF) and prevent a potential nationwide road construction work stoppage. According to initial reports, the taxes will generate US$164bn increase in HTF revenues. Analysis by the Portland Cement Association (PCA), however, reports that the Corker-Murphy proposal would result in nearly US$210bn additional dollar... |