Cement News tagged under: international
Taiheiyo Cement plans PHP15bn expansion project13 November 2020, Published under Cement NewsTaiheiyo Cement is planning to invest PHP15bn (US$309.3m) to expand production at its plant in Cebu, Philippines. The company’s local subsidiary will construct a new line and expand shipping bases to Luzon, Iloilo, and Davao, according to a Department of Trade and Industry (DTI) press release. The company is also expected to install a 2km-long marine belt conveyor and expand its port in Cebu. The project, already underway, is anticipated to expand cement production capacity by 50 per cent... |
Peru’s domestic and export cement deliveries pick up in October13 November 2020, Published under Cement NewsPeruvian cement producers dispatched 1.255Mt of cement in October 2020, up 16.4 per cent YoY, according to the country’s cement association, Asocem. In October 2019 dispatches reached 1.078Mt. Deliveries were also up when compared with September 2020, when they were 1.096Mt. Cement production by Asocem members advanced 17.3 per cent YoY and 14.1 per cent MoM to 1.147Mt in October 2020 while clinker output fell 26.2 per cent YoY but increased eight per cent MoM to 0.65Mt. This output was s... |
Brazilian cement demand sees 15% hike in October12 November 2020, Published under Cement NewsBrazil’s cement market expanded 14.5 per cent YoY in October 2020 with demand at 6Mt, according to the country’s cement association, SNIC. The southeast, the country’s largest market, saw sales increased by 9.4 per cent YoY to 2.702Mt in October, while in the northeast deliveries advanced 16.3 per cent to 1.275Mt. In the south 0.987Mt of cement was delivered, up 21.6 per cent. The central-west market expanded 18 per cent to 0.702Mt. In the north, the country’s smallest market, sales increa... |
Saudi Arabian cement companies see combined profits rise 39%12 November 2020, Published under Cement NewsThe combined profits of 14 Tadawul-listed Saudi cement companies grew by 39.3 per cent YoY to SAR840.87m during the 3Q20, compared with SAR603.54m in the same period of 2019, according to Mubasher. A total of 13 cement firms achieved growth in quarterly profits, while Northern Region Cement saw profits fall. The net profit of Southern Province Cement Co was the highest in the third quarter, rising 66.7 per cent YoY to SAR150m. Qassim Cement saw a 22.1 per cent advance in profit to SAR1... |
DTI and Phinma agreement on labelling guidelines12 November 2020, Published under Cement NewsIn light of the new renewed labelling conventions for cement products in the Philippines, the Department of Trade and Industry (DTI) and the Phinma group affirm their commitment in providing quality products for Filipino customers at a fair and competitive price. The DTI and Phinma are in full agreement that this clarity of labelling convention will help customers select the cement products they prefer. Phinma group’s subsidiary Philcement will adjust from the old guidelines to the new ru... |
Long Son Cement to commission third line in December11 November 2020, Published under Cement NewsThe third production line of Vietnam’s Long Son Cement, based in the central province of Thanh Hoa, is expected to be put into operation in December 2020, with a design capacity of 2.5Mta, according to Vietnam News. The construction of the line began in October 2019 and represents an investment of VND4trn (US$172.41m). Upon completion, the capacity of Long Son will reach 7Mta. |
Tanzanian cement producers highlight price hikes11 November 2020, Published under Cement NewsDangote Cement in Tanzania apologised to the government for the failure to communicate to the public on the temporary shutdown of its plant for maintenance, which caused price hikes across the country. "I would like to apologise for not communicating the shutdown to the government and the public on time," said the plant’s senior officer, Glagu Shuma, noting that the management of the plant has already made adequate arrangements to supply the cement to the general public including major co... |
Moroccan demand sees 8% decline in October10 November 2020, Published under Cement NewsCement deliveries in Morocco fell 7.8 per cent YoY to 1,249,416t in October 2020 from 1,354,775t in October 2019, according to the Ministry of National Land Use, Urbanisation and Housing. The ready-mix concrete and infrastructure segments in particular faced challenges. Deliveries to the ready-mix concrete segment fell by 15 per cent to 204,828t while infrastructure offtake was down 14.5 per cent YoY to 47,798t. The building segment noted a 12.9 per cent YoY drop to 53,070t. Deliveries in ... |
Bolivian market contracts 33% YoY in August09 November 2020, Published under Cement NewsCement consumption in Bolivia edged up 7.4 per cent MoM from 231,662t in July 2020 to 248,852t in August 2020, according to the country’s statistics agency, INE. When compared with August 2019, demand fell 32.7 per cent from 369,520t. Cement production in domestic cement plants slipped 2.6 per cent MoM from 256,231t in July 2020 to 249,579t in August. When compared with August 2019, the drop was 30.4 per cent from 358,461t. |
Chad’s Baoré plant to start up in November09 November 2020, Published under Cement NewsThe Baoré cement plant will commence production this month, according to the country’s President, Idriss Déby. The government will also subsidise the price of a bag of cement. The plant was inaugurated in 2012 by the president. At the time, the ex-works price was set at XAF4200/bag (US$7.60/bag) and the retail price were not to exceed XAF6000. On 28 July, the country’s Minister of Petroleum and Mines, Oumar Torbo Djarma, had said that “Everything will be back to normal”, following a meet... |