Cement News tagged under: international
Colombian cement market stable in January03 March 2021, Published under Cement NewsCement consumption in Colombia slipped 0.3 per cent from 994,700t in January 2020 to 992,200t in January 2021, according to the country’s statistics office, DANE. Output from the domestic cement industry decreased by one per cent to 1.034Mt in January 2021 from 1.045Mt in January 2020. Sales to ready-mix concrete companies declined 10 per cent in January 2021, but off-take by construction companies and contractors rose by 5.3 per cent while the retail sector saw 1.7 per cent more sales than... |
Puerto Rican cement sales up 41% in January03 March 2021, Published under Cement NewsPuerto Rican cement sales surged 41 per cent YoY to 51,164t in January 2021, according to Sin Comillas. Cement sales in the country have been rising sharply for nine months. In 2020 deliveries advanced 2.8 per cent to 588,400t when compared with 2019. However, cement output from domestic cement plants dropped 33.2 per cent to 23,493t in January – the sixth-consecutive fall. In 2020 production fell 14.6 per cent YoY. |
Vietnam sees cement and clinker exports rise 16%03 March 2021, Published under Cement NewsVietnam exported 2.7Mt of cement and clinker worth US$98m in February, up 16.8 per cent and 4.8 per cent YoY, respectively, according to the country’s General Statistics Office (GSO). In the first two months of this year, the country exported 5.84Mt of cement and clinker (up 15.9 per cent) representing a value of US$214m (up 6.6 per cent). |
Pakistan cement companies show significant profits during 2QFY2002 March 2021, Published under Cement NewsPakistan’s top cement manufacturers recorded significant profitability with improved margins during the last quarter of 2020. The experts believe this trend is likely to continue in reaming quarters of the ongoing financial year. According to an analyst of Spectrum Securities Ltd, the cement sector’s profitability continued in 2QFY21 as the bottom line of the 13 companies on the Pakistan Stock Exchange (PSX) posted profits to the tune of PKR11bn (US$69.7m) as compared to PAT of PKR5bn in... |
Vietnam sees production up 14% in first two months01 March 2021, Published under Cement NewsVietnam produced 15.5Mt of cement in the first two months of 2020, up 14 per cent YoY, according to the country’s General Statistics Office (GSO). In February the country’s cement output is expected to be down six per cent YoY to 6.8Mt. In 2020 production reached 100.1Mt of cement, rising 3.6 per cent YoY, according to the revised figures. |
Police shut down counterfeit cement outlet in Odisha25 February 2021, Published under Cement NewsThe Commissionerate Police have closed down a counterfeit cement manufacturing unit in Jagatpur, Odisha, India. The unit was operating from a warehouse near Khaira bridge for the last 5-6 years. A police team patrolling the area became suspicious when a cement laden truck exited the unit and the owner of the factory failed to produce documents for the cement. Police raided the factory this week and found counterfeit cement of reputed brands like UltraTech, Ambuja, Raasi Gold and Dal... |
Spanish demand down 19% in January24 February 2021, Published under Cement NewsCement consumption in Spain decreased by 19.2 per cent YoY to 842,861t in January 2021, according to the country’s cement association, Oficemen. Demand was impacted by the stoppage of works due to snowstorm Filomena as well as subsequent clearing operations that lasted for a fortnight. In addition, January had two fewer working days than last year. “The storm, although temporary, has been the last straw to a situation that, as we have been saying, is already critical for a sector, that o... |
Uruguayan market expands by 8% in 202023 February 2021, Published under Cement NewsCement sales in Uruguay increased 34.6 per cent YoY to 251,000t in the fourth quarter of 2020, according to the country’s chamber of industry, CIU. Of this total, 89 per cent or 223,290t were delivered to the domestic market, which expanded by 44.1 per cent YoY to around 257,000t in the 4Q20 from 179,000t in the 4Q19. Around 13 per cent, or 33,710t of Uruguayan demand was covered by imports. In addition, cement producers exported 11 per cent or 27,610t of sales, mainly to Paraguay. In 4Q19... |
Indian demand picks up as industry awaits improved prices22 February 2021, Published under Cement NewsCement demand in India is improving, but prices have not recovered as yet, according to Motilal Oswal Financial Services (MOFS). Demand has been robust in February, led by the continued healthy demand in the north, east and central India as well as the recovery seen in the west of the country. However, the southern region has seen weak demand, although there has been a strong QoQ uptick in Andhra Pradesh and Telangana. "Our channel checks indicate the seasonal uptick in demand is playing... |
Kazakhstan sees 10.8Mt of production in 202018 February 2021, Published under Cement NewsKazakhstan produced 10.8Mt of cement in 2020, rising above the 10Mt mark for the first time since its independency, according to the Kazakhstan Newsline. Caspi Cement exceeded its design capacity by 10 per cent during the year, while Standard Cement and Shymkentcement are both operating at almost full capacity. However, Zhambyl ACIG and Karaganda’s Kazakhcement have reportedly stopped production. Meanwhile, Erbol Akymbaev, executive director of the Kazakhstan Association of Cement and Co... |