Cement News tagged under: international
Indonesian cement industry down 2% in 1H1916 August 2019, Published under Cement NewsThe Indonesian Cement Association has reported that domestic cement sales volumes in the 1H19 dropped 2.2 per cent YoY to 29.4Mt due to weaker demand from Java (-2.8 per cent YoY) and Sumatra (-6.3 per cent YoY). This is likely to have been the result of a weak property sector, which accounted for around 70 per cent of the country's cement demand, coupled with delays in construction due to the presidential elections and the long Al-Fitr holidays. Fitch Ratings has added that the industry ... |
Tajikistan's cement output up in 7M1916 August 2019, Published under Cement NewsTajikistan has announced that around 2.328Mt of cement was produced in the country over the first seven months of 2019. According to the Ministry of Industry and New Technologies, this is around 209,000t higher than in January-July 2018. In 2018, the Tajik cement industry produced over 3.844Mt of cement, a 23.3 per cent YoY increase. |
Malaysian consumption to remain subdued in 2H1915 August 2019, Published under Cement NewsMalaysian cement consumption is expected to remain subdued in the second half of 2019, as the construction and property development markets remain weak, according to Khairul Azizi Kairudin, an analyst for Hong Leong Investment Bank Research (HLIB Research). "Beyond 2019, we expect cement prices to recover gradually, as construction activities pick up (expected by 1H20). However, […] the expected pick-up next year will happen on a gradual basis as work contribution from mega project revival... |
CMA hold meeting with Singareni Collieries Co Ltd15 August 2019, Published under Cement NewsIndia's Cement Manufacturers Association (CMA) has held a constructive interaction with Singareni Collieries Co Ltd (SCCL). The meeting organised by the CMA with the senior officials of SCCL in Hyderabad saw a commitment on both sides to work towards improving offtake of coal by the cement industry. CMA felt extremely reassured by the positive response received from Dr J Allwyn, executive director (Coal Movement), SCCL and N V Rajasekhar Rao, deputy general manager (Marketing), SCCL. The s... |
Angolan government to sell stakes in state cement companies14 August 2019, Published under Cement NewsA report by Díario da Republica confirms that the Angolan government is to sell stakes in several state companies including cement plants to finance projects for the economic and social development of Angola. The government is selling 175 companies by public tender, 11 by auction and nine by initial public offering with 80 sales in 2019 and 90 in 2020. The cement company shares that would come under sale include those of Nova Cimangola and Secil do Lobito. Nova Cimangola operates two integ... |
Czech cement production increased 10% in 201814 August 2019, Published under Cement NewsThe Czech Republic’s cement output increased 9.8 per cent YoY to 4.43Mt in 2018, the largest amount since 2008, according to data from the country’s cement producers’ association. The production rise has been attributed to demand from the domestic construction industry and an increase in exports. Consumption advanced 7.7 per cent to 4.25Mt, compared with 3.95Mt in 2017. Cement exports surged by 36.4 per cent to 746,610t last year, with Slovakia accounting for around 60 per cent, Germany f... |
Nepal's cement producers call on government to find export markets14 August 2019, Published under Cement NewsNepal's cement producers are demanding that the government supports them in attempts to find export markets for cement and clinker as overcapacity in Nepal is expected to rise steeply in the next few years. The country's cement industry has a total of some 40 production facilities with a cumulative cement capacity of 15Mta, while domestic demand is currently below 10Mta. A further 21 plants are reportedly preparing to start up in the next two years, says Online Khabar. By mid-2021 Nepal'... |
Nepal’s PAC directs cancellation Huaxin Cement Narayani land lease pact13 August 2019, Published under Cement NewsThe Public Accounts Committee (PAC) of the Nepali parliament has directed Rorang Village Municipality of Dhading to cancel the land lease pact with Huaxin Cement Narayani Pvt Ltd. The PAC cited that the Nepal-China joint venture had not yet conducted the initial environmental examination (IEE) of the plant and had not followed the terms and conditions of the agreement, according to a report in The Himalayan Times. PAC Secretary, Roj Raj Pandey, said the committee has directed the local bod... |
Brazil cement market expands 8% in July12 August 2019, Published under Cement NewsBrazilian cement sales increased 8.1 per cent YoY to 4.953Mt in July 2019, according to the country’s cement association, SNIC. The market expanded most in the south, advancing by 11.2 per cent to 827,000t, followed by the central-west by 10.9 per cent to 579,000t. The southeast, Brazil’s largest market, expanded by 9.1 per cent to 2.406Mt YoY, while the country’s smallest market, the north, saw offtake expand by 7.8 per cent to 221,000t. In the northeast, sales edged up by 1.4 per cent t... |
Greek construction starts recovery in May12 August 2019, Published under Cement NewsThe Greek construction sector saw building permits rise by 7.4 per cent in May, according to the statistics agency ELSTAT. There were 1453 building permits issued in the month covering an area of 268,900m 2 . May's figures are still 5.7 per cent down on May 2018 and are down 13.3 per cent lower than in the first five months of 2018. However, 2018 was a rebound year from very low levels and the current statistics prove that the recovery in 2018 was not a one-off, say experts. Moreover, the ... |