Cement News tagged under: international
Ukraine’s cement industry pins hopes on new road construction programme15 September 2020, Published under Cement NewsUkraine’s Big Construction programme and plans to increase the share of concrete roads in the country provide hope for the domestic cement industry to expand, says Roman Skilsky, executive director of UkrCement, the country’s cement association. “The main reason for optimism is the Big Construction program… This will mean a noticeable increase in demand for cement, which will allow domestic companies to increase the number of idle reserve capacities,” he said. In early August, the Shulgin St... |
Puerto Rican cement sales up 24% in August15 September 2020, Published under Cement NewsCement sales in Puerto Rico increased 24.4 per cent to 59,295t in August 2020 when compared with August 2019, according to data provided by Cemex Puerto Rico and Argos San Juan Corp to the Instituto de Estadisticas of Puerto Rico. Output fell 14.9 per cent to 38,551t in August when compared with the year-ago period, as compiled by the country’s Banco de Desarrollo Económico. In the year to date, 364,839t of cement was dispatched, down 6.1 per cent YoY. Cement production declined 11.6 per... |
Cement dispatches in Peru largely stable14 September 2020, Published under Cement NewsCement dispatches in Peru slipped 0.1 per cent YoY but increased 12.9 per cent MoM to 0.933Mt in August 2020, according to the country’s cement association, Asocem. Domestic producers dispatched 0.944Mt including exports. This represents a 0.3 per cent decrease in volume when compared with August 2019 but a 13.3 per cent rise when compared with July 2020. Cement production in Peru increased 4.5 per cent YoY and 18.9 per cent MoM to 0.977Mt while clinker output fell 31.5 per cent YoY but... |
China’s cement production up 4% in July14 September 2020, Published under Cement NewsChinese cement output increased 3.6 per cent in July as a pick-up in the economy drove cement consumption, according to data from the Ministry of Industry and Information technology. China produced 220Mt of cement in July 2020 when compared with July 2019. In the first seven months of 2020, production declined by 3.5 per cent YoY to 1.22bnt. The sector’s total revenues fell 5.5 per cent YoY to CNY510.9bn (US$74.7bn). Its total profits reached CNY92.6bn. |
Indonesia's cement production forecast to fall 17% YoY11 September 2020, Published under Cement NewsIndonesia's cement production is likely to fall further in 2020, as a result of Jakarta's second lockdown, according to the Japanese investment bank, Nomura. The bank has cut its 2020 cement production estimates for Indonesia and now expects it to fall 17 per cent YoY. Halted construction activity could also indicate a longer recovery period for the cement sector. However, investors could take advantage of the pullback in stock prices and accumulate cement stocks before the next recovery c... |
Ukraine launches antidumping investigation into cement imports11 September 2020, Published under Cement NewsUkraine’s Interdepartmental Commission on International Trade has launched an antidumping investigation into the import of cement from Turkey, according to Business World. The commission reportedly received a complaint from Dyckerhoff Cement Ukraine, Kryvyi Rih Cement, Mykolaivcement, Podilsky Cement, and Cement LLC with the support of Ivano-Frankivskcement. According to the applicant, during the observation period (2017-19), the import of cement in absolute terms increased by 809 per... |
Corporación Socialista del Cemento accepts Petro cryptocurrency10 September 2020, Published under Cement NewsCement for construction projects in Venezuela supplied by Corporación Socialista del Cemento (CSC) can now be paid for with the country’s cryptocurrency, Petro. The government of Nicolás Maduro has approved the use to “contribute to the economic development of the country.” Users must register in the official CSC portal through the customer service and product programming system, SACPRO. The expansion of payment methods with the Petro is part of the objectives of the Maduro government to... |
Cement sales in Brazil increase 14% in August09 September 2020, Published under Cement NewsCement sales in Brazil continued to rise in August with a 13.6 per cent YoY increase to 5.7Mt, reported the country’s cement association, SNIC. Per working day, sales reached 244,400t, representing a YoY increased of 18.5 per cent and 3.7 per cent MoM. The central-western region saw sales up 25.3 per cent YoY to 728,000t while in the northeast and north sales advanced to 1,197,000t (+23.9 per cent) and 268,000t (+22.9 per cent), respectively. In the south sales were up 11.6 per cent to 936... |
Chief Minister urges quicker clearance of NOCs for Punjab cement factories09 September 2020, Published under Cement NewsChief Minister of Punjab, Sardar Usman Buzdar, chaired a meeting yesterday at the Punjab Assembly about easing the process of setting up new cement factories in the Pakistani province. The complicated and lengthy process of establishing cement factories has slowed the pace of adding new capacity in the region. The local government wants to boost investment and new job opportunities. Sardar Usman Buzdar linked the issuance of no object certificates (NOC) for establishing a cement factory wit... |
Argentine cement demand declines 13% in August08 September 2020, Published under Cement NewsThe Argentine cement market contracted 12.5 per cent YoY to 917,297t in August 2020, according to the latest data published by AFCP, the country’s cement association. However, when compared with the previous month, an expansion in sales of 6.3 per cent was reported. Domestic cement producers supplied 922,807t of cement, down 12.3 per cent YoY, including 5510t of exports. Exports increased 30.3 per cent YoY from 4230t in August 2019. There were no imports. January-August 2020 In the firs... |