Cement News tagged under: international
Spanish cement demand falls 4% in November20 December 2019, Published under Cement NewsCement consumption in Spain fell 4.4 per cent YoY to 1.104Mt in November, according to Oficemen, the country’s cement association. In the year to date, demand has reached 13,321Mt. Exports dropped 30.2 per cent YoY to 0.449Mt from approximately 0.648Mt in November 2018. In the January-November period exports have dropped 21.5 per cent YoY to approximately 5.842Mt. Meanwhile, imports, of mainly clinker, have grown 41 per cent in November and 100 per cent in the year to date to 0.45Mt. “A... |
Peru’s cement demand up 2% in November19 December 2019, Published under Cement NewsThe Peruvian cement market expanded 2.1 per cent YoY in November 2019 with total sales of 1.048Mt (November 2019: 1.026Mt), according to Peru’s cement association, Asocem. Cement production increased three per cent YoY but fell 5.1 per cent MoM to 928,000t in November 2019 while at 845,000t clinker output decreased by 1.1 and 4.1 per cent when compared with November 2018 and October 2018, respectively. Domestic output was supplemented by 66,000t of cement, representing a YoY fall of 35.7... |
Increased FDI inflows in Pakistan yet to positively impact cement19 December 2019, Published under Cement NewsAccording to data of the State Bank of Pakistan, Pakistan has received a net total foreign direct investment (FDI) of US$850.01m during first five months of current financial year (July and November 2019), compared to US$477.3m received in same months of the previous year. This represents an increase of 78 per cent YoY, mainly due to a high inflow from Norway and China between July and November 2019. However, this increasing trend in FDI was poorly reflected in the investment in the country... |
PPC joins the WCA as a Corporate Member18 December 2019, Published under Cement NewsThe World Cement Association (WCA) has welcomed PPC as a corporate member. Speaking about PPC's desire to join the WCA, Roland van Wijnen, CEO of PPC said: "We expect that WCA will help us to leverage and expand our existing expertise to achieve best practice in cement operations for the benefit of our customers and to further improve our environmental performance. "Through WCA, we are also looking to connect with the worldwide cement industry and stay up to date with the latest devel... |
Indonesian cement sales up 9% YoY in November17 December 2019, Published under Cement NewsCement sales in Indonesia increased 9.5 per cent in November to 7.088Mt in November 2019 when compared with November 2018, according to data supplied by Semen Indonesia. Sales in Java advanced 6.6 per cent to 3.873Mt from 3.633Mt in the previous year, buoyed by improved deliveries in West Java, which rose to 1.152Mt (+17.9 per cent). Gains were also note in Jakarta (+5 per cent), Central Java (+2.6 per cent) and East Java (3.6 per cent). The market in Banten remained stable, but in Yogyakar... |
Pakistan's government allocates more funds for development17 December 2019, Published under Cement NewsThe cement industry in Pakistan has welcomed the federal government decision to release PKR298bn (42.5 per cent), including PKR61.75bn (US$1.29bn) of foreign aid (48.13 per cent) for various ongoing and new development projects under the Public Sector Development Programme (PSDP) 2019-20 against the total budgeted allocation of PKR701bn. This positive news has pushed up the prices of cement scripts in Karachi Stock Exchange on 16 December in the short term and is expected to create demand ... |
US-Puerto Rico Portland and blended cement shipments up 13% in September16 December 2019, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico advanced 13 per cent in September 2019 to 9.4Mt, when compared with September 2018, according to the latest data from the US Geological Survey (USGS). The leading consuming states were Texas, California, Florida, Ohio and Georgia, which made up 37 per cent of total market demand. The leading producing states were Texas, Missouri, California, Florida and Michigan, which accounted for 41 per cent of output. Masonry cem... |
Punjab to ease issuance of NoC for cement plant in province16 December 2019, Published under Cement NewsPakistan's cement industry welcomes the provincial government of Punjab's move to ease the processes of approval in setting up a cement plant in province. According to media reports, Provincial Minister for Industries and Trade, Mian Aslam Iqbal, has said that the Punjab government has lifted the 12-year ban on the cement industry, which is expected to see an improved performance and contribition to the national economy. A dedicated task force with key people in the ministry's industries ... |
Sri Lankan cement price falls16 December 2019, Published under Cement NewsThe price of cement produced in Sri Lanka declined due to the reduction of value-added and other taxes, reports the Colombo Gazette. State Minister of Internal Trade and Consumer Welfare, Anura Priyadarshana Yapa, said that the price of cement has decreased by LKR100 (US$0.55)/50kg bag. A 50-kg bag of cement is currently being sold for a price between LKR1050 and LKR1095 to. This includes a 15 per cent VAT and a two per cent NBT. According to the new tax amendments VAT is reduced to eigh... |
Ban on new cement plants lifted for Punjab13 December 2019, Published under Cement NewsThe Provincial Minister for Industries & Trade, Mian Aslam Iqbal, has announced that the government for Punjab, India, has lifted a ban on the cement industry after 12 years. The minister revealed this while presiding over a meeting that was held to review investment in the cement industry and installation of new plants in the province, according to the Business Recorder. Mr Iqbal noted that months were spent in getting a no objection certificate (NoC) for setting up new industries. A ... |