Cement News tagged under: exports
Pakistan: new trade policy carries incentive for cement export21 March 2016, Published under Cement NewsPakistan’s government plans to increase country cement exports and other commodities, in particular though the Strategic Trade Policy Framework (STPF) 2015-18. The government will provide PKR20bn (US$190m) for the implementation of the policy for the next three years. For this fiscal year, PKR6bn has already been earmarked. The government is likely to provide freight subsidies on cement exports to Africa. Measures will be taken to increase the share in other potential markets such as ... |
German cement demand reaches 26.6Mt in 201518 March 2016, Published under Cement NewsGerman cement consumption reached approximately 26.6Mt in 2015, some 2.2 per cent less than the previous year, according to German Cement Works Association (VDZ). The outlook for 2016 is more optimistic with the VDZ expecting positive market developments. "The persistent low level of investment in trade and industry has had a noticeable effect on the cement market", said Gerhard Hirth, President of VDZ. Despite the generally positive economic climate, no additional demand impetus came from ... |
Pakistan seven-month cement exports volumes and revenues decline14 March 2016, Published under Cement NewsPakistan cement export volumes reached 393,391t on revenues of US$21.1m in January 2016, down 9.52 and 7.8 per cent, respectively compared to the previous month. On an annual comparative basis, the there was a 15.28 per cent decline in volume terms and a 19.14 per cent fall in revenue. During the first seven months of the current fiscal, cumulative exports reached 3.496Mt (US$191.55m) versus 5.045Mt at US$294.71m. This also translates to a YoY fall of 30.69 and 35 per cent in terms of qua... |
Vietnam monthly sales climb 15% YoY11 March 2016, Published under Cement NewsVietnam’s clinker and cement sales climbed 15 per cent from a year earlier to 6.62Mt in January, the Ministry of Construction said. Of the total 5.12Mt were sold in the domestic market, up 17 per cent YoY while 1.5Mt of cement and clinker were exported, the Xay Dung online newspaper cited the ministry as saying Thursday. The ministry forecast that Vietnam's sales of cement and clinker will rise 4-7 per cent YoY to between 75-77Mt. The sum will include between 59-60Mt of domestic sales and ... |
Philippines: redefining the future?07 March 2016, Published under Cement NewsWith preparations in full swing for Cemtech Asia 2016, to be held in Manila, Philippines, in June, ICR provides an update on recent activity in this thriving market. Cement sales demonstrated another strong performance in 2015 and expectations are for the positive trend to continue. Meanwhile, the creation of LafargeHolcim has redefined the production base, giving rise to the entry of another multinational onto the local cement scene. By ICR Research, UK. Robust economic growth in th... |
Pakistan 8MFY16 dispatches rise on higher domestic demand07 March 2016, Published under Cement NewsPakistan cement dispatches rose 17.49 per cent to 20.89Mt during the first eight months (July-February) of 2015-16 from 17.78Mt in the same period last year. However, exports declined by 24 per cent to 3.8Mt from 5Mt in July-February 2014-15. Total dispatches during the period increased to 24.76Mt from 22.78Mt a year ago, an increase of 8.69 per cent. In February 2016 local sales rose 30 per cent while exports, for the first time since December 2014, showed a slight increase of 1.47 ... |
ThaiGroup JSC signs South Africa export supply agreement04 March 2016, Published under Cement NewsThaiGroup JSC, formerly known as Xuan Thanh Group JSC, has signed deal with the UK-based Ores & Minerals UK Ltd to export cement to South Africa, local media said. Under the contract worth US$1.2bn signed on 2 March 2016, the Vietnamese company will export a total volume of 20Mt of cement to South Africa within 10 years, said Nguyen Xuan Thuy, general director of ThaiGroup JSC. The Vietnamese company will also handle the transportation and buy insurance for the whole contract, the countr... |
Dominican Republic: market expands, prices fall02 March 2016, Published under Cement NewsNational cement production in the Dominican Republic reached 5.18Mt, an increase of 3.2 per cent YoY, according to official statistics. This represents 75 per cent of the country’s installed production capacity of 6.91Mt. Meanwhile, the domestic market expanded by 6.2 per cent when compared with 2014. A total of 3.97Mt of cement was sold on the back of a construction sector that showed 18.2 per cent YoY growth. Cement association Adocem reported a 5.6 per cent fall in total sales to RDD15... |
Semen Indonesia full-year net profit falls24 February 2016, Published under Cement NewsPT Semen Indonesia Tbk reported an 18.7 per cent drop in 2015 net profit to IDR4.52trn (US$336.56m) versus IDR5.56trn a year earlier. In its financial report published Tuesday, the company's 2015 revenues totalled IDR26.95trn, virtually flat from the IDR26.99trn in 2014 amid sluggish demand. The company's president director Suparni attributed the fall in net profits to the increase in electricity and distribution costs, as well as the depreciation of the rupiah against the US dollar, lo... |
Senegal: cement output increases 13% in 201524 February 2016, Published under Cement NewsCement production in Senegal rose 12.9 per cent in 2015 when compared with the previous year, according to the country’s Directorate of Economic Forecasting and Studies (DPEE). Cement producers Sococim and Cements du Sahel expanded their output from 4,939,200t in 2014 to 5,576,000t in 2015. The rise has been mainly attributed to a 22.3 per cent increase in export sales, which jumped from 1,842,300t to 2,253,800t over the same period. Domestic sales rose by 6.4 per cent at 3,317,200t, ... |