Cement News tagged under: international
Vietnamese producers faced falling sales in April26 May 2020, Published under Cement NewsVietnam’s cement market contracted 11 per cent YoY and 13 per cent MoM as domestic cement sales reached 5,664,973t in April 2020, according to the latest data from the Vietnam National Cement Association (VNCA). VICEM sales reached 1,935,056t in April, down 11 per cent YoY and 13 per cent MoM while its affiliates sold 1,569,917t, down 13 and 11 per cent when compared with the volumes in the same period of the previous year and the previous month, respectively. Other cement companies reporte... |
Bangladesh opens new ports of call with India to increase trade26 May 2020, Published under Cement NewsBangladesh and India have added five more ports of call to its existing six and two Indo-Bangladesh Protocol (IBP) water routes. The move would help reduce transport cost in exporting bulk amount of cement to Tripura and the other northeastern states, said Mr Shahidullah, managing director of Metrocem Cement and first vice-president of Bangladesh Cement Manufacturers Association. The five new ports of call in Bangladesh that were put in the Second Addendum to the Protocol on Transit and Tr... |
Petcoke market sees prices slump22 May 2020, Published under Cement NewsHit by the coronavirus, petcoke prices fell as the Mediterranean market contracted. Demand declined as the cement and construction sectors reduced their output amid lockdown restrictions. A Spain-based trader said he had heard “some inquiries over the place (Japan, Pakistan, India, China, Denmark, Guatemala, etc to name some) but not real closures yet. Not much really at Med. Only running countries are Egypt and Turkey, but both ended 2019 on high clinker stocks thus demand now is not grea... |
Cement consumption in Spain hits record low in April21 May 2020, Published under Cement NewsSpain saw cement consumption down 50 per cent YoY in April 2020 to less than 0.6Mt, according to the country’s cement association, Oficemen. The decline in demand has been attributed to the suspension of non-essential works between 30 March and 9 April. "If the economy is not reactivated immediately, we can find ourselves facing a situation in the consumption of cement in our country worse than the worst year of the previous crisis," concludes Oficement President, Victor García Brosa. In ... |
WCA shares Sinoma Research Institute innovations in energy efficiency webinar21 May 2020, Published under Cement NewsThe World Cement Association (WCA) held its 'Energy efficiency and New Technologies' webinar yesterday with guest speakers from Sinoma Research Institute (SRI), CNBM group. Nie Wenhai, assistant general director of SRI, presented a paper on milling technology that evaluated the power efficiency of grinding for raw and finish milling, replacing ball mills with roller press systems or vertical roller mills (VRM). Sinoma has completed 350 roller press installations and 531 VRM projects in th... |
Lafarge Africa sees net profit rise 157% in 1Q2020 May 2020, Published under Cement NewsLafarge Africa has reported a 9.8 per cent increase in net sales to NGN63.97bn (US$178.93m) in its unaudited results for the first quarter of 2020, compared to NGN58.02bn in the year-ago period. Net profit surged 156.5 per cent YoY to NGN8.07bn from NGN3.15bn in the 1Q19. "I am proud of the plan Lafarge Africa has implemented to protect the health of our people while supporting our partners and communities. The first quarter results confirm that our turn around initiatives are effective a... |
Swiss cement deliveries stable in 1Q2020 May 2020, Published under Cement NewsCement deliveries in Switzerland including Liechtenstein remained largely stable in the 1Q20 at 872,104t, just slightly down from 874,275t reported in 1Q19, according to Cemsuisse, the Swiss cement association. In the 1Q20, 40.1 per cent of deliveries were made by rail, while the rest was transport by road. Ready-mix concrete plants accounted for 73.5 per cent of take-off while 17.8 per cent of deliveries were supplied to in-situ concrete systems at large construction sites and 5.2 per cen... |
Indian prices expected to rise as demand falls20 May 2020, Published under Cement NewsIndian cement prices are expected to rise by INR15-20/bag (US$0.19-0.26) due to supply constraints, despite dealers across the country expecting demand to fall by 30 per cent on the back of stalled construction projects, reports analytics agency Crisil. However, over the medium term, the price hike is expected to be rolled back due to the low demand and rising competition. The delay in construction work is expected to be anywhere between 4-6 months, depending on the lockdown outcomes. ... |
Peruvian cement consumption plummets in April19 May 2020, Published under Cement NewsPeru’s cement market sharply contracted to 5700t in April 2020, down from 883,000t in April 2019 and from 488,000t in March 2020, according to Asocem, the country’s cement association. Cement production fell 98.7 per cent YoY to 10,000t in April 2020 from 811,000t in April 2019 and 97.5 per cent MoM from 419,000t in March 2020. There was no clinker output from Peru’s cement producer in April 2020. In April 2019 clinker production stood at 796,000t while in the previous month 352,000t of ... |
Abay Cement plant now 60% complete19 May 2020, Published under Cement NewsThe construction of Abay Cement Factory in Amhara, Ethiopia, is now 60 per cent complete and will commence operations next year, according to Samuel Halala, director of the Ethiopian Chemical and Construction Inputs Industry Development Institute. The 2.5Mta project is being developed by Abay Industrial Development Association. On average, cement plants in the country are using around 60 per cent of their production capacity, stated Mr Halala. He also noted that the price of cement has su... |