Cement News tagged under: international
Prices escalate by 35% in Nigeria29 December 2020, Published under Cement NewsA rise in cement demand coupled with insufficient supply from the major cement producers has driven up prices by 35 per cent in Nigeria. An investigation carried out by The Punch publication indicated that a 50kg bag of cement, which cost between NGN2400 (US$6.32) and NGN2600 as of September this year, now sells for NGN3500. Stakeholders attributed the recent hike in price, which started in October this year, to a supply shortage resulting in “artificial” scarcity. According to the ... |
Dominican Republic market contracts 8% in 202028 December 2020, Published under Cement NewsThe Dominican Republic’s cement market is expected to contract by eight per cent in 2020, according to Julissa Báez, president of the Dominican cement association, ADOCEM. The drop comes on the back of a forecast 16 per cent fall in construction activity, caused by the impact of the coronavirus pandemic. Up to March 2020 the cement sector had shown very dynamic activity levels until the COVID-19 pandemic affected demand. However, the industry could have been affected significantly worse, ... |
Engineers rebuild Ghori cement plant28 December 2020, Published under Cement NewsWith government support, local engineers and staff are rebuilding Ghori cement plant in northern Afghanistan. The factory had been badly damaged during the protracted war in the country. "The production capacity of the plant has been gradually increased and nowadays it produces some 700t in 24 hours," said Mohammad Zahir Ebadi, the plant’s managing director, predicting that the production capacity will further improve if peace and stability prevails. In addition, in the neighbouring Parwa... |
Uzbekistan and South Korea to build Karakalpakstan plant28 December 2020, Published under Cement NewsUzbekistan and South Korea have been in talks to accelerate the implementation of an investment plan for the construction of a cement works in the Beruni region of Karakalpakstan, northwestern Uzbekistan. The issue was discussed by Vitaly Fen, the ambassador of Uzbekistan to South Korea, and Yu Cheol, chairmain of South Korea-based CARIS Co Ltd. The new plant would meet high-quality cement requirement in an expanding Karakalpakstan market as well as provide cement for exports. A feasibili... |
BCMA expects market pick-up in 1Q2124 December 2020, Published under Cement NewsThe Bangladesh Cement Manufacturers Association (BCMA) expects cement demand to resume growth by the 1Q21. Between January-August 2020 the cement sector contracted by 7.7 per cent as the impact of the coronavirus was felt throughout the economy. “Our business suffered terribly in the first six months of 2020 and many fell into trouble,” said Md Alamgir Kabir, president of the Bangladesh Cement Manufacturers Association (BCMA). In the first five months of 2020, cement sales fell by 13 per... |
Vietnamese market sees 11% drop in October24 December 2020, Published under Cement NewsCement demand in Vietnam fell by 11 per cent YoY to 4,899,301t in October 2020. However, when compared with September 2020, a two per cent uptick was reported by the VNCA, the country’s cement association. VICEM sales slipped by three per cent YoY but were up seven per cent MoM to 1,702,134t in October 2020, while joint ventures saw sales drop by 24 per cent YoY and 10 per cent MoM to 1,157,167t. Other companies reported an eight percent YoY decrease but a MoM five per cent increase to 2,0... |
Spanish cement demand up 4% in November23 December 2020, Published under Cement NewsCement consumption in Spain has increased by 3.8 per cent YoY to 1,204,590t in November, according to the country’s cement association, Oficemen. Exports edged up 1.6 per cent YoY in November. In the January-November period, Spain’s cement market contracted by 1.5Mt, or 10.9 per cent to 12.265Mt. Exports declined by 5.5 per cent to 5.852Mt from 6.193Mt in 11M19. "We value positively the approval of the Statute of the electrointensive industry, a resource that we have been demanding for ... |
Swiss cement sector requires quarry expansions to sustain production beyond 202422 December 2020, Published under Cement NewsWithout the expansion of quarries, Swiss cement production could fall as early as 2024, according to the National Geological Survey Swisstopo, Switzerland’s federal office of topography. To carry out the implementation and maintenance of construction and infrastructure projects, the country needs approximately 5Mta, according to the organisation. Swiss cement plants covered 86 per cent of supply requirements in 2019 – the remaining 14 per cent were covered by imports. Without new permits, ... |
Tajikistan produces 3.95Mt of cement in 11M2022 December 2020, Published under Cement NewsCement plants in Tajikistan have produced 3.951Mt of cement in the January-November 2020 period. This represents an increase of 0.9 per cent YoY, according to Tajikistan Newsline. The Tajik cement production base currently has a cement production capacity of approximately 4.7Mta. |
WCA appoints two new directors22 December 2020, Published under Cement NewsThe World Cement Association announced that it has appointed two new directors, Roland van Wijnen, CEO of Africa’s PPC Ltd, and Mahendra Singhi, managing director & CEO of India’s Dalmia Cement. The appointments were agreed on 10 December 2020 in a vote at the WCA General Assembly Meeting. "It’s a great pleasure and honour for me to elected to this esteemed Board as a Director of the WCA," said Mahendra Singhi. "Cement is considered as a hard to abate sector; the agenda before all of us i... |