Cement News tagged under: export
Saudi Arabia set for recovery?27 November 2019, Published under Cement NewsWhile the latest data of the Saudi cement market has provided some reassurance in terms of the sector’s recovery, the reality on the ground urges more caution going forward as spending on megaprojects is only gradually picking up. However, there are positive signs such as emerging export opportunities and improving cement prices. By Pritish K Devassy, Al-Rajhi Capital Research, Saudi Arabia. Yanbu Cement, awarded Cement Plant of the Year in the recent ICR Cement Industry Awards 2019, ... |
Turkey: rebalancing for growth09 October 2019, Published under Cement NewsFollowing the recent decline in Turkey’s economic growth the domestic cement industry set about to improve its production efficiency and foster sustainable development in a sector that continues to expand as it looks forward to sustained cement demand at home and in its export markets. By Dr Tamer Saka, Turkish Cement Manufacturers’ Association, Turkey. Exports are key in supporting capacity utilisation rates in the Turkish cement industry with shipments as far afield as the USA an... |
Nepal: the road to exports22 July 2019, Published under Cement NewsWhile cement demand in Nepal is forecast to show significant expansion in the future, the rapid build-up of production capacity is outstripping future domestic consumption growth. Therefore, Nepali cement producers are expected to increasingly address the challenge of exporting their products further afield. By Dhruba Thapa, Cement Manufacturers’ Association, Nepal. The Nepali government is embarking on a major urbanisation programme as well as road construction and large-scale irr... |
Iran: supporting growth01 July 2019, Published under Cement NewsFollowing rapid growth Iran’s cement capacity is forecast to reach 100Mta by 2021 and 120Mta by the end of the country’s 20-Year Vision Plan in 2025. Key infrastructure and housing projects as well as new export markets are expected to provide the demand required to support the continued expansion of the domestic cement industry. By Hamid Reza Tajik, ICEM Co, Iran. Iran’s cement industry has rapidly expanded in recent decades and is on course to support the country’s 20-Year Vision... |
Pakistan's export revenue rises during 11MFY1928 June 2019, Published under Cement NewsPakistan's cement export revenue for the first 11 months of the current July 2018-May 2019 fiscal recorded a YoY growth of 26 per cent and 46.2 per cent in terms of dollar value and quantity, respectively, according to Pakistan's Bureau of Statistics (PBS). The country's cement industry earned foreign exchange revenues of US$260.16m by exporting 6.12Mt of cement and clinker during the 11MFY18-19, compared to US$206.52m at 4.19Mt in the same period last year. In terms of export value in Pa... |
Dangote Cement27 June 2019, Published under Cement NewsDangote Cement has announced plans to open new export facilities in Lagos and Port Harcourt in Nigeria. The company currently exports around 1Mta of cement but hopes to increase this to 8Mta, generating up to US$700m in foreign exchange revenue. The new terminals, which are due to be operational later this year, will enable the company to not only export clinker to its grinding facility in Cameroon, but also supply the new plants being built by Dangote elsewhere in west Africa, as well as ra... |
Belarus BUCE to facilitate exports to Hungary10 June 2019, Published under Cement NewsThe Belarusian Universal Commodity Exchange (BUCE) is looking to facilitate exports of Belarusian construction materials to Hungary. A Belarusian delegation visited Budapest on 3-6 June to explore the possibility of exporting Belarusian construction materials to Hungary via the commodity exchange. Deputy Architecture and Construction Minister, Oleg Shvets, who headed up the delegation, the digital trade platform can ensure maximum transparency of the trading process and simplify the work... |
Kazakhstan: staking a claim23 April 2019, Published under Cement NewsWhile Kazakstan’s cement demand fell in 2018, the future holds the promise of an expanding domestic market and increasing export sales. Therefore, domestic cement producers are expanding capacity while new entrants stake a claim to future cement market growth. By Joseph F Govreau, Industrial Info Resources, USA. With ambitious infrastructure development programmes and a robust residential construction market, Kazakh cement producers are expected to enjoy rising cement demand in the... |
Dangote Cement to become largest cement exporter in sub-Saharan Africa06 March 2019, Published under Cement NewsAliko Dangote, president of Dangote Industries Ltd, has revealed the target set for Dangote Cement’s export plans by next year. "By next year we will be the largest exporter of cement in sub-Saharan Africa with about US$600m worth of cement export to other African countries with limited access to limestone," he said. Speaking at the 2018 Dangote Cement Distributors' Award Night, Mr Dangote also noted the role cement terminals will play in these plans. "In addition, we also have new termina... |
FyM to invest EUR2.5m in Malaga export hub15 February 2019, Published under Cement NewsFinanciera y Minera (FyM) will invest EUR2.5m in a 4900m 2 site in the Port of Malaga to be used as a clinker and cement export hub. It intends to use pier 7 to ship clinker. Conditions for a public tender were also approved to award the occupation and exploitation of two vertical silos on piers six and seven, destined for the reception, storage and distribution of liquid bulks. |