Cement News tagged under: exports
Semen Padang: 2016 Indonesia sales forecast up 6%21 December 2015, Published under Cement NewsCement demand in Indonesia is expected to rise by 5.5-6 per cent in 2016, according to Semen Padang's marketing director, Pudjo Suseno. Sales on the island of Sumatra, where Semen Padang is headquartered, are forecast to advance 16.6 per cent in 2016. In the first 10 months of 2015, dispatches reached 10.4Mt, up 2.3 per cent YoY. Semen Padang also expects to maintain exports at 4-5 per cent of total output in 2016. |
Pakistan exports fall 25% in 5MFY15-1621 December 2015, Published under Cement NewsCement exports from Pakistan have fallen by more than 25 per cent in the first five months of the current fiscal year. Between July and November 2015 cement exports reached 2.56Mt, compared with 3.45Mt in the corresponding period of the previous financial year. Cement plants in the north sold 1.63Mt of exports, down by 25.2 per cent YoY, but dispatched 10.17Mt to domestic market, an increase of 14.6 per cent YoY. In the south, domestic growth was more robust at 21.1 per cent with sales i... |
Vietnam output up 10.3%, exports to miss target16 December 2015, Published under Cement NewsVietnam produced 61.2Mt of cement in the first 11 months of this year, up 10.3 per cent from the same period of last year, the government-run General Statistics Office said. The country's cement sales increased 10.2 per cent YoY to 6.5Mt in November. The Ministry of Construction predicted that Vietnam’s sales of cement and clinker to rise to between 72-74Mt this year. Domestic sales are expected to have risen 4.5-6.5 per cent to reach 53-54Mt, while exports will be betweem 19-20Mt. ... |
Indonesia October sales support full-year forecast02 December 2015, Published under Cement NewsIndonesian consumption figures in October 2015 showed a huge sales volume gain over the same month of the previous year, but year-to-date figures are just slightly higher due to poor sales during the earlier months of this year. Domestic demand rose by 10.2 per cent YoY in October 2015 to 6.348Mt. Meanwhile, cement exports were 57,000t (+694.1 per cent) and clinker exports doubled to 56,000t. Total sales (domestic plus exports) during the month were 6.421Mt – translating to a rise of 1... |
Vietnam: MoC forecasts 2016 sales rise of 4-7%26 November 2015, Published under Cement NewsVietnam's sales of cement and clinker are predicted to rise 4-7 per cent YoY in 2016 to between 75-77Mt, according to forecasts by the country's Ministry of Construction (MoC). Of the total sales, domestic shipments are expected to account for 59-60Mt and exports 16-17Mt, the Xay Dung online newspaper cited the ministry as saying Wednesday. In the first 10 months of this year, dispatches totalled 58.6Mt, meeting 80 per cent of the full-year target. Domestic shipments amounted to 45.51M... |
Cyprus: Vassiliko sees increase in exports24 November 2015, Published under Cement NewsVassiliko Cement Works Public Co (VCWP), a subsidiary of Cyprus Cement Public Company (CCPC), has seen a recent increase in its exports to neighbouring countries and a reduction in its cost of production. However, the group realised a slight reduction in its profits compared to last year’s respective period. CCPC presented its interim management statement for the 1 July-20 November period. In its statement the company reaffirms that, as with any other company operating in Cyprus, the future... |
SCC Asean expansion on track18 November 2015, Published under Cement NewsThailand's largest cement producer Siam Cement Co (SCC) said it is on course to bring 6.3Mta of new cement capacity online in its key target markets of Cambodia, Indonesia, Myanmar and Laos between 2015-17. In an update on its strategy for its cement & building materials unit, reported on by SCB Securities in The Nation (Thailand), SCC said the investment programme is expected to not only provide SCC with high demand growth and a good margins but also offer a borderless network, lower logis... |
Pakistan: cement industry demands export incentives13 November 2015, Published under Cement NewsAs Pakistan reports a decline in cement export sales over the first quarter of FY16, the local industry body is calling on the government to provide relief measures and incentives to facilitate exports going forward. During first three months of the current fiscal Pakistan exported 1.52Mt of cement and earned export revenue of at US$87.74m compared to 2.42Mt at US$142.78m. This translated to a fall of 36.91 and 38.55 per cent in terms of quantity and value in dollar respectively over 1QFY... |
Egypt's new-found energy09 November 2015, Published under Cement NewsFollowing its successful navigation of turbulent social and political waters, the Egyptian cement industry has more recently had to face the challenge of overcoming gas shortages and a phase-out of power subsidies. Diversifying energy and power sources has now become a key priority as producers look to secure supplies, stabilise production and serve growing demand. By Shady Sharaf, Aboubakr Emam, CFA & Kamal El-Sheikh, Cairo Financial Holding, Egypt. Arabian Cement Co converted its pl... |
TCL quarterly revenue boosted by higher volumes, clinker exports06 November 2015, Published under Cement NewsTrinidad Cement Ltd's (TCL) revenue rose by seven per cent in 3Q15 to TTD550.1m (US$86.3m) compared to TTD513.7m a year earlier, mainly to increased cement sales volume of 13 per cent in its domestic markets and higher clinker exports. During the second quarter the group was able to successfully refinance the restructured debt with a bridge loan and in so doing, benefitted from prepayment discounts which has been reflected in our Q2 results. In the third quarter, the group successfully... |