Cement News tagged under: international
The 15th Cemtech MEA opens in Dubai18 February 2020, Published under Cement NewsThe 15th Cemtech MEA conference and exhibition has opened at the Grand Hyatt Dubai, UAE. Thomas Armstrong, managing editor of ICR, started proceedings by welcoming delegates to Dubai and also provided an update on the cement markets of the GCC. The GCC markets are currently facing the issue of large-scale oversupply, with the region hitting a peak demand level in 2015. Total capacity increased to 157Mta in 2018 from 110Mta in 2010, while consumption is currently at around 73Mta. However, ... |
Vietnam demand expected to rise by 4-5 per cent in 202018 February 2020, Published under Cement NewsCement and clinker demand in Vietnam is expected to edge up by 4-5 per cent in 2020, according to the country's Ministry of Construction (MoC). Volumes are expected to reach 101-103Mt, according to a report by Vietnam Plus. The expected range comprises 69-70Mt of domestic sales and 32-34Mt of exports. Chairman of the Vietnam Cement Association, Nguyen Quang Cung, said that cement demand has expanded at a higher pace compared to GDP in previous years. However, the trend has been in reverse i... |
Kashmir Cements plans Jammu and Kashmir plant18 February 2020, Published under Cement NewsKashmir Cements is planning a 0.4Mta greenfield cement plant in Bhatayan village, in the Pulwama district of Jammu and Kashmir, India. The project is to be located on 9.6 acres of land. The cement company is awaiting environmental clearance with work scheduled to begin in September 2020. The date for plant start-up is set for December 2021. |
Pakistan's first-half cement production increases17 February 2020, Published under Cement NewsPakistan cement output increased in the first six months of the current fiscal year, according to data released by Pakistan’s Federal Bureau of Statistics (PBS). Latest figures for the country's large-scale manufacturing industries (LSMI) for the July-December 2019 period (1HFY19-20) shows that overall output fell by 3.35 per cent YoY. However, more encouragingly, LSMI output in December 2019 increased by 9.66 per cent on a YoY basis, and by 16.4 per cent on a MoM basis. Experts belie... |
Axle load limit likely to hit Pakistan cement industry17 February 2020, Published under Cement NewsDispatches of cement, clinker and other raw materials to and from factories in Pakistan via local transporters is expected to become more costly after the implementation of the NHSO 2000 axle load limit on carriers from 17 February, says an official announcement from the All Pakistan Goods Transports Owners Association. The policy will ultimately increase the cost of sales and transportation for cement industry in Pakistan, experts have observed. The export of cement/clinker will al... |
Cement price hike claims investigated in Malaysia14 February 2020, Published under Cement NewsFollowing claims of price hikes, Malaysia’s Domestic Trade and Consumer Affairs Ministry has investigated cement prices and found no price hikes at the manufacturing level. Its minister, Datuk Seri Saifuddin Nasution Ismail, has said the inspections were made after the Johor Master Builders Association (JMBA) alleged a cement price hike of around 20-50 per cent. Mr Saifuddin added that following a YoY price comparison of the four main cement manufacturers from 2017 until now, there has ac... |
PIBTL earns profit in 1HFY19-2014 February 2020, Published under Cement NewsPakistan International Bulk Terminal Ltd (PIBTL) has announced its financial results for the half-year period ended 31 December 2019, declaring earning of net profit of PKR864m (US$5.6m) against a net loss of PKR 1.46bn in the same period last year. Its net sales during the reporting period increased by 42 per cent to PKR4.84bn from PKR3.142bn during the same period last year. The administrative and general expenses slightly increased from PKR203m to PKR217m during this accounting period... |
Russian cement production up by 7% in 201913 February 2020, Published under Cement NewsRussia’s cement producers increased their output by 7.4 per cent to 57.7Mt in 2019, according to Esmerk Russian News. Eurocement group was the country’s top producer with 2.1Mt, up 15 per cent YoY, while Dyckerhoff, DV-Cement and Novoroscement also increased production – by 11-13 per cent YoY. Rail shipments accounted for the largest share of 46.6 per cent of total sales, slightly down on 47.7 per cent reported in 2019. Road transport is reported to continue its growth. |
Ukraine’s cement output slips in 201913 February 2020, Published under Cement NewsThe production of cement in Ukraine decreased by 0.5 per cent in 2019 when compared to 2018 and by 4.9 per cent when compared with 2017. Cement production reached 8.89Mt in 2019. The fall was attributed to the exit of HeidelbergCement from the market as well as the introduction of antidumping duties on Russian and Belarus imports. |
Vietnam cement sales expand 13% in December12 February 2020, Published under Cement NewsTotal cement sales by Vietnamese cement producers increased 13 per cent YoY and five per cent MoM to 9,573,455t in December 2019, according to the Vietnam National Cement Association (VNCA). Domestic consumption saw a two per cent rise YoY and a nine per cent increase MoM to 5,921,910t in December 2019. Of this total, VICEM sales edged up by two per cent YoY and 10 per cent MoM to 2,002,655t while its joint-venture companies saw sales drop by five per cent to 1,539,255t when compared with ... |