Cement News tagged under: international

RSS feed

Chile cement sales to grow in 2004

10 March 2004, Published under Cement News

The cement industry reported 4.6 per cent growth in sales during 2003 because of ongoing major construction works. Analysts in the sector agreed that the most important job for the cement industry in 2003 was the construction of the Ralco hydroelectric power station in Region VIII, and the Costanera Norte highway work in Santiago. Those works have taken the cement industry to 1999 levels, when the crisis in the construction industry began. In 1999, cement demand dropped 21.5 per cent. During ...

Pakistani production and prices

10 March 2004, Published under Cement News

Local cement prices increased in the range of Rs5 per bag to Rs10 per bag on Monday because of rising supply-demand gap but the representative body of cement manufacturers said they are prepared to increase production to normalize prices. Cement traders and dealers said prices of all the cement brands have increased on Monday due to high demand and low supply. ³The factory has slashed its supply, which has led up to current price hike,² said a dealer of the recently-privatised Thatta Cement ...

Indonesia cement consumption up 3.8%

09 March 2004, Published under Cement News

Consumption of cement in January 2004 has reached 2.34Mt or 3.8 per cent more than in the same period of last year when the figure was 2.27Mt. In the same period, cement exports also increased by about four per cent from 604,700t to 628,900t, whereas the domestic cement market and exports reached 2.97Mt, up by about 3.6 per cent compared to January last year when the figure was 2.87Mt. Data obtained from the Indonesian Cement Association (ASI) showed that the biggest domestic sales was...

Venezuela cement sales down 17.4%

09 March 2004, Published under Cement News

Cement sales in Venezuela fell 17.4 per cent last year to 2.7Mt from 3.3Mt in 2002 as demand from the construction sector fell back, according to AVPC, the Venezuelan cement producers association. Cement consumption in Venezuela is about 110kg/person compared to 130kg/person in the region. Despite the fall in sales, prices were up. According to the construction price index of the country’s central bank, BCV, cement products saw a 61.1 per cent price increase in 2003 over the prior year. ...

Egyptian Misr Cement Qena exports at US$12m H2 2003

09 March 2004, Published under Cement News

Egyptian cement producer Misr Cement Qena exported over 600,000t of cement and clinker for US$12m in the second half of 2003, the company’s chairman Mohamed Mahmoud Ali Hassan said. The company exported its products to a number of countries including Spain, Italy, Sudan, Tanzania, Yemen, the Gulf countries and West African countries. Misr Cement Qena local sales of cement and clinker stood at 900,000t worth E£155m in the second half of 2003. The company’s cement supplies have covered the ...

Qatar National Cement cement prices

09 March 2004, Published under Cement News

Qatar National Cement Company (QNCC) presently offers the lowest cement price of 185 Qatari riyals (US$50.8/t) in the Gulf region, according to report’s from the company’s shareholders’ meeting on 7 March 2004. In the remaining Gulf countries, one tonne of cement currently costs about 250 riyals (US$68.7/55.4 euro). Due to the higher prices on the foreign markets, QNCC targets to completely meet the growing local demand through local production and by using its strategic reserves. The com...

Cement safeguards slashed by P5

09 March 2004, Published under Cement News

The Department of Trade and Industry (DTI) has decided to slash only P5 from the definitive safeguard duties imposed on all cement imports to P15.60 but has agreed to shorten the inspection period to facilitate the entry of imported cement to force local producers to bring down cement prices It currently takes importers 28 days to clear their cement shipments. Trade Secretary Cesar Purisima told reporters, during the general membership meeting of the Philippine Chamber of Commerce and Ind...

Chilanga Cement Records K72,402m pre-tax profit

09 March 2004, Published under Cement News

Chilanga Cement Records K72,402m pre-tax profit (DAILY) Zambia’s Chilanga Cement Plc has announced a net pre-tax profit of K72,402m for 2003. According to interim results released by company secretary George Varghese last week, the company has recorded an improvement over the K49,721m recorded in 2002. He attributed the performance to higher sales volumes arising from increased domestic market demand and the upturn experienced in the economy, which led to positive gross domestic prod...

Indian Cement firms see reduced growth

08 March 2004, Published under Cement News

Domestic cement makers have scaled down growth expectations for the industry in the current fiscal to around five per cent from 8.5 per cent registered last year.  Last year, the total volume of business was to the tune of 111Mt, according to figures released by the Cement Manufacturers Association (CMA).  In the first 11 months of the current fiscal (April-February), the volume of business is close to 105Mt.  Industry officials have cited depressed demand owing to a prolonged monsoon as the...

Turkish Konya Cimento

08 March 2004, Published under Cement News

Turkish building materials producer Konya Cimento plans investments of 5.335 trln Turkish lira (US$4.05m) for 2004, it was reported on March 5, 2004.  According to the business plan, Konya Cimento is to produce and sell 905,000t of cement, 570,000 cu m of ready-mix concrete and 580,000t of aggregates.  The company plans to produce 753,000 tonnes of clinker, of which 71,000 tonnes are to be sold to third parties. Konya Cimento reported a net profit of 16.9 trln lira (US$12.8m) for 2003, compar...