Cement News tagged under: international
BUA Cement confirms 2024 cement prices29 December 2023, Published under Cement NewsChairman of the BUA Group, Nigeria, Abdul-Samad Rabiu, has confirmed cement prices will be held at NGN3500 per bag (US$3.90) from January 2024. He said the company would make the product accessible and affordable to customers, despite various challenges. NGN3500 per bag is the ex works price, and does not include VAT or transportation costs to the customer. |
Armenia imposes 6-month cement import ban28 December 2023, Published under Cement NewsThe Armenian government has banned imports from third countries for a period of six months. The step was taken to create favourable conditions for local cement producers. “The adoption of the decision is due to the need to regulate the importation of cement from third countries and to create equal conditions for cement produced and imported in the local cement market” indicates government text. In the January-October 2023 period, 0.965Mt of cement were produced in Armenia, up 20.1 per cen... |
Ukrainian cement production up 38% YoY in 11M2328 December 2023, Published under Cement NewsCement production in Ukraine came in at 5.8Mt in the first 11 months of 2023, according to Ukrcement. This marks a 38.2 per cent increase on the same period a year earlier. Production in 2022 stood at 4.3Mt, down 51 per cent YoY, while 2021 saw production of 11.005Mt. At least two companies are in the process of building additional clinker kilns, reports Ukrcement, with cement seen as “essential to Ukraine’s revival,” says Ljudmyla Kripka, executive director, head of Department of Scie... |
Vietnamese market contracts 15% in November27 December 2023, Published under Cement NewsCement dispatches in Vietnam declined by 15 per cent YoY to 4,965,222t in November 2023, according to the Vietnam National Cement Association, VNCA. Of this total, 1,525,967t was delivered by VICEM, which saw its shipments down by 15 per cent. Other VNCA members supplied 939,255t, down 20 per cent YoY, while non-members saw a 13 per cent drop in deliveries to 2,500,000t. Total exports slipped by three per cent YoY to 2,503,749t in November 2023. Clinker exports dropped 22 per cent YoYt to ... |
WCA calls for greater connectivity and communication27 December 2023, Published under Cement NewsThe World Cement Association (WCA) has called for more research and development into low carbon cement production in emerging markets. Wei Rushan, president of the WCA, has highlighted an “evident disparity” in the allocation of funding for emerging technologies like carbon capture projects, “with a significant majority directed towards developed countries.” “Technologies and solutions like alternative raw materials and fuels, upgrading processes and equipment to enhance energy efficienc... |
US Department of Energy invests US$46m in carbon capture projects21 December 2023, Published under Cement NewsThe US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has announced US$45.6m in federal funding for nine projects that will advance CO 2 capture technologies and help establish the foundation for a successful carbon transport and storage industry in the US. Large-scale deployment of carbon capture, transportation, and storage infrastructure is crucial to meeting the Administration’s ambitious climate goal of achieving a net-zero emissions economy by 2050, ... |
Peru’s cement dispatches fall by 9% in November21 December 2023, Published under Cement NewsCement dispatches in Peru declined by nine per cent YoY to 1.063Mt in November 2023 from 1.166Mt in November 2022, according to the country’s cement association, ASOCEM. Of this total, its members dispatched 0.981Mt, down 12 per cent YoY from 1.119Mt. Domestic cement production fell by 11 per cent to 0.988Mt in November 2023 from 1.114Mt in the equivalent month of 2022. Clinker output was down by nine per cent YoY to 0.843Mt from 0.922Mt in November 2022. Cement exports slipped by six per... |
UK Government unveils 'CCUS Vision'21 December 2023, Published under Cement NewsThe UK Government has unveiled its plans to make the country a global market for carbon capture, usage and storage (CCUS), adding an estimated GBP5bn (US$6.3bn) to the economy by 2050. The plan – named the CCUS Vision – sets out how the UK will transition from early projects backed by government support to becoming a competitive market in this area by 2035, meaning UK companies will compete to build carbon capture facilities and sell their services to the world. The UK holds a strategic... |
Pakistan cement prices rise due to freight costs21 December 2023, Published under Cement NewsCement prices across Pakistan have risen over recent weeks, according to the Pakistan Bureau of Statistics. The lowest price for a 50kg bag now stands at PKR1265 (US$4.52) with the maximum price coming in at PKR1400. Prices in the north of the country have reported an almost two per cent uptick from an average of PKR1220 in late November/early December to PKR1271/bag. Reports by the Pakistan Observer suggest the price increases are being driven by higher freight rates. The Pakistan govern... |
Bangladesh cement sales plummet due to political uncertainty21 December 2023, Published under Cement NewsThe supply chain of Bangladesh’s cement industry has been significantly impacted due to ongoing political agitation, high cost of raw materials, currency appreciation, roadblocks and lukewarm growth in the construction industry. According to industry sources, cement makers in Bangladesh have reduced production in the face of falling sales due to ongoing political tension, and a slowdown in public and private construction projects. As a result, cement mills in the country have a co... |