Cement News tagged under: international
Pakistan cement distributors to decide action plan17 July 2019, Published under Cement NewsDispatches from cement plants are still facing unrest in Pakistan. The government's new tax policy has been opposed and has led to continue the continued protests since 1 July. The All Pakistan Cement Distributors Association (APCDA) has supported the action following the government's introduction of new tax measures in the federal budget 2019-20. To move forward, APCDA has called a of the association's general body today to discuss all tax-related matters, ie withholding tax and different... |
Peru’s cement consumption up 4% in June16 July 2019, Published under Cement NewsThe Peruvian cement market expanded by 4.1 per cent YoY to 0.914Mt in June, according to Asocem, the country’s cement association. However, MoM demand fell by 4.8 per cent. Cement dispatches in Peru increased four per cent YoY to 0.906Mt in June 2019. Of this total, Asocem members supplied 0.807Mt while a further 0.099Mt was delivered by non-members. Cement imports were up 46.1 per cent YoY to 154,300t in June 2019 while 40,900t of clinker also entered the country. In June 2018 there we... |
New tax bill proposed for cement sales in Costa Rican province16 July 2019, Published under Cement NewsOscar Cascante, a deputy of Costa Rica’s PUSC party, is reportedly pushing for legislation that will see a five per cent sales tax on Cementos Fortaleza, a relatively new player in the country’s cement production sector. The company inaugurated its plant in Esparza, Puntarenas province, 10 months ago. Current legislation states that cement firms must pay five per cent tax on the price of every sale if they carry out production in Guanacaste, Cartago or San José. The taxes are then used by... |
Cambodian cement demand expected to rise15 July 2019, Published under Cement NewsCambodia's construction sector is seeing demand for cement and brick rise by some 10 per cent in 1H19 and cement producers are forecasting a strong 2H19. Chip Mong INSEE Cement Corp has increased its cement supply by 10 per cent compared to the 1H18 said Tieng Vichea, the company's public and government relations manager. However, cement producers have not driven through large price increases. "Our selling prices in the first half of this year changes very similarly to production costs ove... |
Brazilian cement sales edge up in 1H1912 July 2019, Published under Cement NewsCement sales in Brazil in January-June 2019 increase 1.5 per cent YoY to 25.8Mt, according to the country’s cement association, SNIC. In June 4.2Mt of cement were sold, down 15.7 per cent YoY. In terms of domestic sales per working day increased 1.8 per cent MoM but fell 7.9 per cent when compared with June 2018. "The performance of June ended up adjusting the high expansion of the month of May of 2019, which originated the very low performance of the same month of the previous year occa... |
Cement demand in DR Congo soars to 1.8Mt in 201812 July 2019, Published under Cement NewsCement consumption in the Democratic Republic of Congo continued to surge in 2018 to 1,825,757t, up has from 881,733t in 2017 and from 229,967t in 2016, according to provisional data from the Central Bank of Congo (BCC). There were no exports, continuing a trend started in 2016 as export volumes continued to dwindle. Likewise, cement production in the central African country has rapidly increased in the last few years. In 2018 output reached 1,842,782t. A total of 899,533t of cement was p... |
Association calls for lower cement prices in Nigeria12 July 2019, Published under Cement NewsOyebamiji Dauda, chairman of the Lagos State Bricklayers’ Association, has urged the federal government of Nigeria to address the rising cement prices and as a result, increase access to affordable housing. In an interview with the News Agency of Nigeria, Mr Dauda stated that allowing more producers to operate in the market would make it more competitive. "There is the need for establishment of more cement manufacturing firms to help crash the price. Our observation is that high cost of c... |
Cement sales in Morocco up 4% in June12 July 2019, Published under Cement NewsCement sales in Morocco increased 4.1 per cent to 815,842t in June 2019 YoY, according to the Association professionelle des cimentiers (APC). In the first half of the year, domestic cement demand has advanced 2.1 per cent to 6.57Mt when compared with the 1H18. Deliveries for the building sector expanded most rapidly by 37.4 per cent in the first six months. |
Saudi sales rise in June 201912 July 2019, Published under Cement NewsCement sales in Saudi Arabia increased 20 per cent YoY to 2.55Mt in June 2019, compared to 2.13Mt in the same month last year, according to data compiled by Yamama Cement Co. Only four cement producers out of 17 in total reported lower sales for the month. Tabuk Cement saw the largest decline (-27.9 per cent to 57,000t), followed by Hail Cement (-21 per cent to 64,000t) and Yamama Cement (-13.4 per cent to 219,000t). However, 12 manufacturers reported an increase in sales. This was led by... |
Spain's cement demand in May up, worsening trade balance11 July 2019, Published under Cement NewsCement consumption in Spain increased 6.6 per cent YoY to 1,333,698t, according to Oficemen, the country's cement association. In the first five months of 2019, the domestic cement market has expanded by 13.7 per cent YoY while in the 12-month period from June 2018 to May 2019 consumption rose 10.4 per cent to 14.11Mt. "The improvement in the percentage of annual growth in this first part of the year is the result of the positive evolution of housing, which in the last 12 months has grow... |