Cement News tagged under: international
Kyrgyzstan sees acute cement shortage19 August 2024, Published under Cement NewsThe expansion of the construction market on an unprecedented scale has led to a critical cement shortage in Kyrgyzstan, according to Syrian Omorov, head of the regulated sectors department of the Antimonopoly Regulation Service. He said that output at the Kant Cement Plant , part of United Cement Group , already exceeded 1Mt, whereas in the past it barely reached 0.6Mta. "We are working at the limit of our capabilities," representatives of the plant noted. "Currently, the plant can pro... |
Royalty issue on cement raw materials in Punjab landed in court19 August 2024, Published under Cement NewsAccording to Topline Research, Punjab-based cement manufacturers have obtained a stay order from the court against the imposition of six per cent of ex-factory cement/clinker price as royalty on limestone and argillaceous clay in a major development. However, the analyst remarked that this stay is subject to bank guarantees to be furnished by manufacturers. To avoid any unfavourable decision in the future, the Punjab manufacturers are increasing cement prices by up to INR75/bag (US$0.89/bag... |
Peruvian cement dispatches see minor slip in July16 August 2024, Published under Cement NewsCement dispatches in Peru slipped by 0.4 per cent YoY to 1.022Mt in July 2024 from 1.026Mt in July 2023, according to the Peruvian cement association, ASOCEM. Of this total, its members delivered 0.932Mt. Domestic cement production by ASOCEM members decreased by seven per cent YoY to 0.913Mt in July 2024 from 0.985Mt, but clinker production increased by 42 per cent YoY to 0.884Mt from 0.624Mt over the same time period. In terms of external trade, cement exports declined by six per cent Y... |
Lafarge Canada partners for CCU project in Western Canada16 August 2024, Published under Cement NewsLafarge Canada is partnering with Svante Technologies Inc and Dimensional Energy Inc to further the sustainability of western Canada’s cement industry by capturing and utilising CO 2 from its operations in Richmond, British Columbia, and blending it with locally-generated green hydrogen. This process will produce synthetic crude and possibly even food-grade wax. This initiative could have significant implications for emission reduction and carbon capture and utilisation (CCU) tec... |
Brazil's cement market expands 7% in July15 August 2024, Published under Cement NewsDomestic cement sales in Brazil saw a 6.9 per cent YoY advance to 5.848Mt in July 2024 from 5.472Mt in July 2023, reports the country's cement association, SNIC. Sales volumes benefitted from a larger number of working days when compared with 2023. A drop in unemployment and rising incomes increased consumer confidence for the second month while optimism in the construction sector further supported sales of cement. However, the sector remains affected by high interest rates (10.5 per cent)... |
PCC approves Consunjis’ acquisition of Cemex Philippines15 August 2024, Published under Cement NewsThe Philippine Competitions Commission (PCC) has approved the Consunji Group’s planned acquisition of a majority stake in Cemex Holdings Philippines Inc (CHP). In a statement issued to the Philippine Stock Exchange, the group said that DMCI Holdings Inc, Dacon Corp, Seminar Mining and Power Corp have received a copy of the certificate issued by the PCC. The certificate outlined the PCC’s approval of the joint acquisition of 100 per cent of Cemex Asian South East Corp (CASEC) from ... |
Dry season drives DRC price drop15 August 2024, Published under Cement NewsThe price of grey cement in Mbuji-Mayi, Kasai-Oriental province, Democratic Republic of Congo, dropped from US$30/bag to US$22-23/bag. The drop has been attributed to an abundant supply during the dry season. Several depots in Meiji-Mayi are flooded with bags of grey cement from Kinshasa, Likasi (Haut-Katanga) and Kolwezi (Lualaba). Trucks have been taking advantage of the dry season while transportation by ship from Kinshasa to Ndomba, Kabeya-Kamwanga, via Lusambo in Sankuru province. ... |
Cement sales continue to contract in Pakistan14 August 2024, Published under Cement NewsTotal cement dispatches in Pakistan dropped 6.8 per cent YoY to 3.01Mt in July from 3.23Mt a year earlier, according to the All Pakistan Cement Manufacturers Association (APCMA). Local dispatches contracted 11.4 per cent YoY to 2.46Mt from 2.776Mt in July 2023. Meanwhile, exports expanded 21.6 per cent YoY fell in July, coming in at 449,792t down from 547,162t in the equivalent period of the previous year. North-south dispatches Domestic dispatches from cement plants in the north of Paki... |
Senegalese cement demand contracts 13% in June13 August 2024, Published under Cement NewsCement demand in Senegal declined by 12.6 per cent to 522,400t YoY in June 2024 when compared with June 2023 when the market required 598,000t of cement, according to Senegal's Planning and Economic Study Directorate. Domestic production fell by 10.4 per cent YoY to 699,500t in June 2024 from 781,000t in the year-ago period. Of this total, the country exported 142,400t, down 5.6 per cent YoY from 150,900t in June 2023. January-June 2024 In the first half of 2024, domestic dispatches in S... |
West International Holdings Ltd begins construction of Buikwe cement plant13 August 2024, Published under Cement NewsThe construction of a new UGX730m (US$196,180.8m) cement factory has begun on a 50-acre (20.2ha) plot in the Buikwe district of Uganda. Chinese-owned West International Holdings Ltd will invest UGX730m in Kavule Cell, Buzika ‘B’ Ward, Njeru Municipality, after a similar investment in the Karamoja sub-region, according to Group Director, Ambrose Byona, on 10 August. Mr Byona explained that the reason for establishing the unit in the Moroto District, which is expected to be commissioned ... |