Cement News tagged under: international
China sees strong cement demand at the end of 201912 December 2019, Published under Cement NewsA financial data provider has reported that average prices of cement in big Chinese cities have picked up 15 per cent since September, ending eight months of decline. The central government also lowered capital requirements for infrastructure projects such as railways, ports and toll roads. Cement consumption in the fourth quarter in China exceeded expectations . "There is a pronounced rebound in infrastructure construction towards the end of the year," said Chen Bolin, China Cement Associa... |
Saudi sales increase 24% YoY in November11 December 2019, Published under Cement NewsThe sales of 17 cement companies in Saudi Arabia amounted to 4.27Mt in November 2019, a 23.8 per cent YoY increase compared with 3.45Mt in the year-ago period, according to a report by Yamama Cement. Cement production rose by 22 per cent YoY to 4.3Mt during the period, against 3.54Mt in November 2018. Inventories showed modest growth to 1.22Mt from 1.18Mt. Southern Province Cement Co reportedly recorded the highest sales volume at 613,000t, followed by Saudi Cement Co and Yanbu Cement. |
Puerto Rican sales slip 3% in November11 December 2019, Published under Cement NewsCement sales in Puerto Rico slipped 2.9 per cent to 46,236.3t (1.084m bags of 42.6kg) in November 2019 when compared with November 2018, when 47,630.6t (1.117m bags) were sold, according to data released by the Economic Development Bank of Puerto Rico. Output from Puerto Rican cement plants increased by 27 per cent in November 2019 to 46,760.7t (1.097m bags) from 36,821.9t (0.864m bags) in the year-ago period. In the January-November 2019 period, domestic cement sales decreased 6.3 per ce... |
Venezuela's construction industry stalls in 201911 December 2019, Published under Cement NewsThe president of the Venezuelan Chamber of Construction (CVC), Mauricio Brin, has said that the sector will close 2019 with a fairly negative balance sheet, due to a continuing decline in construction works. "Public construction is stalled and in the private area only some office buildings, specifically those that are in Caracas, Valencia and other capitals nationwide," said Mr Brin. Therefore, the low building materials output is sufficient to meet demand for the small number of activ... |
Bangladesh cement industry to grow 10%10 December 2019, Published under Cement NewsBangladesh's cement industry continues to show double-digit growth in 2019 as indicated by the available data to date, according to the annual report of MI Cement Factory Ltd. The company estimates that the year will close with the domestic cement market growing by 10 per cent. According to recently released report, demand for cement in Bangladesh during 2018 was around 31Mt and therefore, forecasts anticipate a full-year demand of 34Mt for 2019. On the supply side, big players continue ... |
Brazilian cement market expands 4% in November09 December 2019, Published under Cement NewsCement sales in Brazil increased 3.9 per cent YoY in November to 4.7Mt, according to SNIC, the country’s cement association. Apparent cement consumption, which includes imports, totalled 4.7Mt, up 3.5 per cent YoY, in November 2019. SNIC attributed the rise in sales to the recovery of the real estate sector. "The number of new residential launches accumulated an increase of 17 per cent until September compared to the same period of 2018. The number of new properties financed by SBPE (Brazil... |
10Mta of new cement capacity to come on-stream in Pakistan06 December 2019, Published under Cement NewsA big number of capacities will be added in Pakistan's cement industry, later this month and in early next year, according to market analysts. Current capacity projects are forecast to add around 10Mta of extra capacity to the present 59.42Mta. This is expected to lead to higher levels of competition and price wars in the coming year. According to IMS Research, from December 2019 onwards, the northern market will see multiple expansions with Lucky Cement (2.6Mta in December 2019), Kohat ... |
Aalborg Excel® is launched by Cementir06 December 2019, Published under Cement NewsAllborg Excel® is the latest product in the Aalborg INWHITE Solution® range A ALBORG EXCEL ® , the second UHPC premixed product, developed under the A ALBORG INWHITE S OLUTION ® has been launched. The product can satisfy manufacturers to seek the ultimate surface detailing and aesthetical expression, within aesthetic and architectural applications, claims A ALBORG . A ALBORG EXCEL ® is self-levelling and fast flowing, allowing combinations with pigments and fibres, achie... |
Argentina’s cement demand falls 10% in November05 December 2019, Published under Cement NewsThe Argentine cement market contracted by 10.1 per cent to 872,177t in November 2019 when compared with November 2018, when demand reached 970,181t, according to its domestic cement association, AFCP. The country’s market requirement was entirely supplied by domestic cement producers as no imports were reported. In addition, the country’s cement producers exported 12,373t of cement, representing a 21.2 per cent increase in export sales. January-November 2019 In the January-November 2019 ... |
Indian delivered petcoke prices under pressure due to low demand05 December 2019, Published under Cement NewsPrices of delivered petcoke to India fell again as seaborne demand after the Diwali break remained subdued and cheaper alternatives could be found. Reliance Industries Ltd reduced its November domestic petcoke price to INR6172/t, down INR728/t MoM and representing a fall of over 10 per cent, according to sources quoted by Platts Coal Trader. In terms of demand, bids for imported coal have been reportedly sparse as most cement plants have already covered their inventory needs. Moreover,... |