Cement News tagged under: international
Indian manufacturers prepare to resume production21 April 2020, Published under Cement NewsIndia’s ACC, India Cements, JK Lakshmi and JK Cement are looking to resume cement production in a phased manner from 20 April, while also abiding by all standard operating procedure guidelines related to social distancing. In new guidelines issued on 15 April, the Indian government has allowed industrial units located in rural areas to operate from 20 April. "We would like to inform that the company shall resume operations, from 20 April 2020, in a phased manner, subject to requisite p... |
US cement consumption to drop 30.9 per cent in second quarter20 April 2020, Published under Cement NewsThe US cement consumption will drop 30.9 per cent in second quarter, according the Ed Sullivan, Chief Economist, Portland Cement Association (USA). Sullivan was speaking during the Cemtech Live Webinar on 15 April 2020, which was attended by over 400 participants from the global cement industry. Sullivan was due to speak at the IEEE-IAS/PCA Cement Conference in Las Vegas, Nevada on 20 April, but the event was cancelled due to the COVID-19 pandemic. Watch the full presentation here |
China’s cement industry expected to lead economic recovery20 April 2020, Published under Cement NewsAn accelerated recovery in the Chinese construction industry is driving the country’s cement sector to resume operations. With a positive outlook this year, analysts said the sector could lead the rebound across multiple industries, reports the Global Times. As a result of the coronavirus pandemic, cement output in China fell by 23.9 per cent YoY to 299.07Mt in the first quarter of 2020, according to data from the National Bureau of Statistics. In March production declined 18.3 per cent Y... |
Turkish cement sector prepares for COVID-19 impact after strong start to 202020 April 2020, Published under Cement NewsThe Turkish cement sector made a hopeful start in 2020 following a challenging 2019 when it contracted by around 30 per cent. The domestic market showed signs of recovery in January and in March a significant increase in exports was noted. “The production of the Turkish cement industry increased by 31 per cent to 3.6Mt in January 2020 when compared with the same period of the previous year. In the first month of the year, domestic sales increased by 16.8 per cent compared to the same perio... |
Sri Lanka looks to lift curfew and open factories20 April 2020, Published under Cement NewsSri Lanka's Government is considering the easing of the month-long curfew on the island from this week. Minister of Health and Indigenous Medicine, Pavithra Waniarchchi, announced that all clusters of COVID-19 in Sri Lanka had been successfully detected and that the government was keen to gradually restart industry to protect the national economy. Senior Economist and Senior Lecturer at the University of Colombo, Professor HD Karunaratne, said: "We are importing raw material from China and ... |
Saudi cement sector reports positive 1Q2017 April 2020, Published under Cement NewsDespite the ongoing coronavirus pandemic, the Saudi cement sector has reportedly seen a 33 per cent YoY average increase in cement market volumes during the 1Q20, according to an Al Rajhi Capital report. Qassim Cement saw the highest growth at 53 per cent, followed by Yanbu Cement and Yamama Cement with rises of 43 and 38 per cent, respectively. However, restrictions imposed by the government have resulted in project delays, which may directly impact cement demand and cause under-uti... |
CMIC president warns that workers may soon lose salary17 April 2020, Published under Cement NewsThe national president of the Mexican Chamber of the Construction Industry (CMIC), Eduardo Ramírez Leal, has warned that the minimal operation of smaller construction companies will result in around 500,000 workers in the sector losing income at the end of April. "In the next 15 days, it's when a lot of workers are no longer going to be getting paid because their employers won't have to pay them," said Mr Leal. The chamber represents 12,000 construction companies across the country. "I... |
Dungsam Cement reports impact of lockdown16 April 2020, Published under Cement NewsBhutan’s Dungsam Cement Corp has been adversely affected by the lockdown in India, according to Sonam Jigme, CEO. No export volumes or revenue have been recorded from 21 March to 12 April, compared to around 75,000t sold and BTN323m (US$4.2m) of revenue last year. Around 81,280t had been sold domestically from 1 January to 21 March, earning BTN488m. However, only 24,233t has been recorded after 21 March. Mr Jigme said that although there is domestic demand, sales have considerably fall... |
Brazil's cement demand stable in March15 April 2020, Published under Cement NewsFollowing a good first half to the month, Brazilian cement consumption saw a sharp decline in the second half of March, according to the country’s cement association, SNIC. The fall was attributed to the circulation restrictions and a reduction in the pace of works as public transport, trades and support services near the buildings were limited. Therefore, cement sales in March remained stable when compared to March 2019 and slipped 0.5 per cent MoM to 4.1Mt. However, when cement sales per ... |
Government urged to use online platform for cement purchases15 April 2020, Published under Cement NewsThe Andhra Pradesh government has been urged to use ‘YSR Nirman’, a new online platform designed to help various state departments procure cement for important government infrastructure works. Thumma Vijaya Kumar Reddy, commissioner, said the government proposed to supply cement at a reduced price to the departments in need. The system reportedly helps to reduce the waiting time of buyers and increases accountability and transparency in the process. It will also help producers produce ce... |