Cement News tagged under: exports

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Pakistan: the road ahead

24 October 2012, Published under Cement News

With a low per capita domestic demand, plenty of potential for infrastructure development, post-flood reconstruction and export opportunities, Pakistan’s cement sector appears on track towards a better future. By Galadari Cement, Pakistan. The thriving city of Lahore, Pakistan Bordering Afghanistan, India and China, Pakistan holds a very strategic geographical location. Home to more than 180m people, the country also has close linkages with the Arab world. Its economy rank...

Iran forecast to produce 75Mt cement by year-end

22 October 2012, Published under Cement News

Iran is projected to produce 75Mt of cement by the end of the current Iranian year (March 20, 2013), according to local news reports. ISNA quoted Iranian deputy industry minister, Vajihollah Jafari, as saying that production capacity will be 86Mt by the end of the year. Iran exported over 6.8Mt of cement during the first six months of the current (Iranian) year.

Fitch affirms Societe des Ciments d'Enfidha's long-term rating, Tunisia

17 October 2012, Published under Cement News

Fitch Ratings has affirmed Tunisia-based cement manufacturer Societe des Ciments d'Enfidha's (SCE) National Long-term rating at 'BBB(tun)' and National Short-term rating at 'F3 (tun)'. The Outlook is Stable.  The affirmation reflects SCE's recovery of an adequate trading performance in the first eight months of 2012 after production recovered to pre-revolution levels at its Enfidha plant. Despite expected lower operating margins in 2012 compared to historical levels due to rising energ...

Exports to Libya increase value of Egyptian exports

16 October 2012, Published under Cement News

A rise in exports to Libya have driven an increase in the value of Egyptian exports in September 2012 on annual basis for the first time in six months. According to the latest release from the Industry and Commerce on Monday said the increase in the value of construction materials from EGP2.8bn in September 2011 to EGP4.8bn in September 2012 drove the spike. The total value of all Egyptian exports reached EGP11.7bn (US$1.9bn) in September 2012 versus EGP10.17bn in the same month last ...

Vicem cement and clinker sales up 4.5%, Vietnam

16 October 2012, Published under Cement News

Vietnam Cement Industry Corporation (Vicem) sold 14.44Mt of cement and clinker in the first nine months of this year, up 4.5 per cent from a year earlier. Of this total, 13.73Mt were sold in the domestic market, representing a rise of six per cent YoY, while 717,000t were exported, which was a fall of 18 per cent on year, the corporation said on its website. Vicem produced 10.97Mt of clinker in the first nine months of this year, up two per cent YoY. The corporation’s cement production,...

Iran exports hit 6.8Mt in six months

15 October 2012, Published under Cement News

Iran exported over 6.8Mt of cement and clinker during the first six months of the current Iranian calendar year, which began on March 20. Exports grew by 26.4 per cent compared to the same period last year. Exports of cement and clinker amounted to 1.21Mt in the sixth calendar month of Shahrivar, which ended on 21 September. Iran plans to produce 75Mt of cement by the end of the current year, the deputy industry minister, Vajihollah Jafari told the ISNA News Agency on September 14. ...

Pakistan cement market progress

15 October 2012, Published under Cement News

Latest statistics on the Pakistan cement sector show that the country will have ended the first quarter of FY12-13 (July-September 2012) ahead of the same period as last year as September sales gather pace on the back of increased real estate activity and higher government infrastructure spending. Improving prices and government incentives are likely to further spur industry profitability but declining exports remain a concern.   Preliminary estimates for September 2012 dispatches show tota...

Caribbean Cement looks to Venezuela contract to revive sales

05 October 2012, Published under Cement News

Caribbean Cement Company Ltd (CCCL) is hoping a new supply agreement with Venezuela will revive sales but fears elections will impede the deal, according to reports in the Jamaican Gleaner. The cement supply deal is being negotiated under the crude for commodities component of the PetroCaribe agreement between Jamaica and Venezuela, which allows for part-payment of oil with goods. In June, Caribbean Cement's chairman Brian Young disclosed to shareholders that the Kingston plant hoped to beg...

New Uruguay joint venture plant investment

04 October 2012, Published under Cement News

Three cement companies are planning to invest in a new joint venture cement plant in eastern Uruguay’s Treinta y Tres department to tap export potential in neighbouring Brazil, according to local press reports. State oil and cement company ANCAP, along with Spanish cement producer Cementos Molins and Brazil’s Votorantim have filed an Environmental Impact Assessment (EIA) for a new 750,000tpa. Total costs are estimated at US$160m, with Cementos Molins contributing 60 per cent and ANCAP and...

Nigeria eliminates need for imports in first nine months

03 October 2012, Published under Cement News

The Cement Manufacturers Association of Nigeria (CMAN) has stated that Nigeria has not imported cement since the beginning of the year, thus helping the Federal Government’s aim of making the country self-sufficient in cement. Speaking at a forum in Calabar, Cross River State, at the weekend, president of CMAN, Joseph Makoju, lauded the Federal Government for policies that have prevented the need for cement imports, thereby, protecting local industries. “For the first time in Nigeria’s h...