Cement News tagged under: international
Cement prices cool in Mali26 January 2021, Published under Cement NewsFollowing cement prices of XOF130,000/t (US$240.48/t) reported 10 days ago, the price of cement in Mali has been falling to XOF95,000-110,000/t, depending on the location. The price drop is due to a resumption of normal supply as Diamond Cement and the routing of around a 100 loads from Dakar, Senegal. |
Suez Cement sells 51% stake in Hilal Cement25 January 2021, Published under Cement NewsSuez Cement (HeidelbergCement group) has offered its 51 per cent stake in Hilal Cement Co of Kuwait for sale through the Kuwait Bourse on 24 January 2021. The Board of Directors of Suez Cement gave advanced notice of its intention to sell the company’s stake in Hilal Cement on 5 March 2020. Suez Cement’s Board of Directors approved the decision on 9 December 2020 when it delisted from the Egyptian stock exchange. The total amount fo shares for sale amount to 25,736,191. |
Azerbaijan sees cement production down 8% in 202025 January 2021, Published under Cement NewsThe value of construction materials produced in Azerbaijan has been estimated at AZN718.9m (US$422m) for 2020, largely consistent with the previous year, according to the State Statistics Committee (SSC). The preliminary report shows a 7.5 per cent YoY decline in cement production to 3.226Mt. However, ready-mix production was up 6.5 per cent to 2.024Mt. |
Indonesia's cement sales fall 10% in 202021 January 2021, Published under Cement NewsIndonesia's 2020 domestic cement sales were recorded at 62.7Mt. The Indonesian Cement Association (ASI) reports the sales represent a fall by 10.4 per cent from 2019 sales of 70Mt, the lowest growth in 10 years. The highest number of domestic cement sales in 2020 occurred in October at 6.2Mt, while the lowest sales occurred in May of 3.2Mt. By December 2020, both monthly and yearly, sales on all islands contracted. Bank Mandiri's research team recorded the deepest contraction in... |
Vietnam sees exports rise 14% in 202020 January 2021, Published under Cement NewsVietnam exported over 3.6Mt of cement and clinker worth US$135m in December 2020, up 15.3 per cent MoM in volume and 10.8 per cent YoY in value, according to the General Department of Customs. During the full year, the country earned US$1.43bn from exporting 38.4Mt of such products, up 3.2 per cent and 13.7 per cent YoY, respectively. China was the biggest importer of Vietnamese cement and clinker in 2020, importing 22.2Mt worth US$759.4m, accounting for 57 per cent of the total export... |
World Cement Association Committees set their 2021 agenda19 January 2021, Published under Cement NewsThe World Cement Association’s Professional Committees (Safety & Health, Environment & Climate Change and Technology & Innovation) announced their goals for the global cement industry in the new year at the WCA’s 4th General Assembly Meeting in December, taking the opportunity to review progress made so far and set priorities for the year ahead. Climate change, decarbonisation and sustainability challenges facing the cement industry led the agenda for the Environment & Climate Change C... |
Peru cement market expands 12% YoY in December18 January 2021, Published under Cement NewsDomestic dispatches in Peru increased 12 per cent YoY from 0.979Mt in December 2019 to 1.098Mt in December 2020, according to the country’s cement association, Asocem. Cement production advanced 18 per cent YoY in December 2020 as Asocem members produced 1.077Mt of cement. Output in December 2019 was 0.916Mt. Cement exports in December 2020 fell 36 per cent YoY to 12,000t from 19,000t in December 2019, but clinker exports surged from 33,000t in December 2019 to 105,000t in December 2020.... |
Cement price in Mali surges due to shortage15 January 2021, Published under Cement NewsCement is becoming an increasingly scarce product in Mali. As a result, prices have risen from XOF90,000/t to XOF125,000-130,000/t, according to MaliActu. In 2019 Mali had a cement demand of around 2.8Mt, with future consumption underpinned by a need for infrastructure and high population growth. However, output from the country’s cement industry is only approximately 1Mta and wide-spread shortages have been reported. |
Cement sales in Brazil advance 17% in December14 January 2021, Published under Cement NewsCement sales in Brazil totalled 4.7Mt, up 16.6 per cent YoY, according to the National Union of the Cement Industry (SNIC). However, per working day, sales declined 13.2 per cent to 208,400t when compared with the previous month. SNIC attributes the fall to uncertainties in the economy and civil construction in 2021. The domestic market saw a 16.6 per cent rise to 4.689Mt while exports advanced 55.6 per cent to 28,000t in December 2020 when compared with December 2019. Full-year 2020 dem... |
Puerto Rican cement sales up 41% in December14 January 2021, Published under Cement NewsCement sales in Puerto Rico increased 41 per cent YoY to 60,076t in December when compared with December 2019 when market offtake reached 42,594t, according to Puerto Rican Development Bank. Output from Cemex Puerto Rico and Argos San Juan Corp slipped 4.3 per cent YoY to 41,686t in December 2020 from 43,581t in the year-ago period. In 2020 cement sales edged up 2.8 per cent YoY to 590,357t from 574,194t in 2019. The market was supplied with 449,530t of cement, a 14.6 per cent decrease w... |