Cement News tagged under: imports
China succumbs to normality04 March 2015, Published under Cement NewsWith the gradual drop in China’s GDP growth to lower-single figures it has been argued that normality has returned to the world’s second-biggest economy. The cement sector has certainly responded by reeling in excess capacity as well as prioritising operational efficiency and higher environmental standards as the government pushes forward industrial reform. ICR looks forward to meeting delegates attending CEMENTTECH 2015 in Beijing, China on 27-29 April 2015 While the Chin... |
Adelaide Brighton reports record net profit27 February 2015, Published under Cement NewsAdelaide Brighton reported record sales and net profit after tax of AUD1337.8m and AUD172.7m, respectively, for the year ended 31 December 2014. Revenue increased 8.9 per cent and net profit by 14.3 per cent YoY. Adjusting for a number of one-off items, underlying net profit after tax of AUD166.5m was 8.5 per cent higher than 2013. EBIT increased 11.1 per cent to a record AUD247.5m on an EBIT margin of 18.5 per cent. Earnings were aided by net significant items of AUD2.3m. Excluding the... |
PIBTL board approves terminal capacity expansion, Pakistan27 February 2015, Published under Cement NewsThe board of directors of Pakistan International Bulk Terminal Ltd (PIBTL) on Wednesday approved the expansion of overall handling capacity at the terminal from 12Mta to 16Mta. PIBT is being set up as the country’s first terminal for handling coal, clinker and cement on a build, operate and transfer (BOT) basis. The terminal will be situated at Port Qasim, 50km from Karachi on the coast of the Arabian Sea. PIBT will be able to handle and deliver coal to cement and power companies by ra... |
US December shipments – preliminary data19 February 2015, Published under Cement NewsPortland and blended cement shipments in December 2014 reached 6.24Mt, preliminary data from the US Geological Survey (USGS) shows. This takes full-year shipments to 88.53Mt, according to the initial indicators. Imports during December amounted to 545,259t, while for the full year they reached 7.31Mt. Clinker production for the final month of the year was 6.46Mt. For the full year clinker output totalled 74.93Mt. The full monthly report will be published in approximately two weeks. |
Ghana: calls for end to bagged imports19 February 2015, Published under Cement NewsThe Strategy and Corporate Affairs Director of GHACEM, Dr George Dawson-Ahmoah, has called on the country’s government to ban imports of bagged cement into the country, stressing that domestic supplies are sufficient to meet local requirements. Speaking to newsmen in Takoradi after a meeting with the Minister of Trade and Industry, Dr Ekwow Spio-Garbrah, who was on a working visit to the company, Dr Dawson-Ahmoah declared: “We have sufficient quantity of locally produced cement to drive t... |
Saudi full-year output update13 February 2015, Published under Cement NewsSaudi Arabia, the largest cement producer in the GCC, produced over 57Mt of cement in 2014, according to a report in Arab News. Demand in the kingdom continues to grow fuelled by huge mega projects including include railways, airports, stadiums, medical cities, utilities, and petrochemical facilities. Saudi Arabia is the largest cement producer in the GCC with 63Mta, accounting for 50 per cent of the region’s capacity. In 2014 it imported 2.5Mt of compared to 4.9Mt in 2013, according to d... |
Argentina: January domestic sales up 2% YoY10 February 2015, Published under Cement NewsThe Argentine cement market expanded by four per cent MoM and 1.9 per cent YoY as domestic sales reached 927,510t in January 2015, according to the latest figures released by AFCP, the country’s cement association. Imports increased from 163t to 227t. However, exports in January fell by 21.9 per cent when compared with January 2014 to 16,705t and by 27 per cent in comparison with December 2014. |
US Jan-Nov shipments03 February 2015, Published under Cement NewsPortland and blended cement shipments in the US and Puerto Rico in November were 6.5Mt, essentially unchanged from the level in November 2013, USGS data shows. The leading consuming states (Texas, California, Florida, Illinois and Ohio, in descending order) received about 39 per cent of the November shipments. The leading Portland cement producing states in November were Texas, California, Missouri, Florida and Alabama, in descending order. Clinker production totaled 6.8Mt during the mont... |
Paraguayan cement consumption update03 February 2015, Published under Cement NewsParaguayan cement demand currently stands at around 115,000 bags of 50kg, according to local press sources. Industria Nacional del Cemento (INC) produces around 50,000 bags/day while Yguazú’s output reaches around 45,000 bags/day. In addition, the market also absorbs between 18,000-22,000 bags per day of imports, according to the Customs Office. Total imports in 2014 reached 273,710t, reflecting a value of US$35.34m. This represented a 28 per cent fall when compared with imports of 381... |
Algeria’s expansion drive19 January 2015, Published under Cement NewsAs cement demand rapidly increases across north Africa, Algeria leads the region’s drive to increase its cement production capacity. Supported by an active housing and infrastructure construction sector, domestic cement demand is expected to remain high, offering plenty of opportunity for existing and new cement plants. Algeria’s housing shortage and a need for infrastructural development is expected to ensure a continued buoyant domestic cement market Algeria’s economy is on... |