Cement News tagged under: international
8th International VDZ Congress inaugurated in Germany27 September 2018, Published under Cement NewsThe 8th International VDZ Congress 2018 held its inauguration ceremony on Wednesday in Düsseldorf, Germany. The three-day event will see representatives from the cement industry, its suppliers and the fields of science and research discuss current technical challenges and the conditions facing the future of cement production. "Climate protection, digitalisation and the cement plant of the future: these are the key issues for the future of our industry, issues we are greatly committed to tac... |
Pakistan cement sector subdued in FY1827 September 2018, Published under Cement NewsThe Pakistan cement sector collectively recorded a one per cent YoY decline in profit-after-tax during the FY18 period ended 30 June, according to a report by Spectrum Securities Ltd. Profit-before-tax registered a decline of 24 per cent. Furthermore, the gross margin fell nine per cent in the FY18 on account of higher coal prices (37 per cent rise to US$105/t) and PKR depreciation (16 per cent on-year). To review sector performance, the report considered the financial results of eight majo... |
Philippines notifies WTO of import investigation27 September 2018, Published under Cement NewsThe Philippines’ Department of Trade and Industry (DTI) has notified the World Trade Organisation of its preliminary investigation to determine whether cement imports are causing or threatening to cause serious injury to the domestic industry, according to the Manila Bulletin. In an initial review, the DTI noted that import surges are negatively affecting the competitiveness of local manufacturers. If the investigation shows positive results, it could result in provisional safeguards such... |
Peru’s cement demand remains stable in August26 September 2018, Published under Cement NewsCement dispatches by Asocem members remained largely stable in August 2018 at 865,000t when compared with the year-ago period, according to the country’s cement association, Asocem. However, they advanced 9.4 per cent when compared with July 2018 when 790,000t was sold in the domestic market. When all domestic cement producers are included, national dispatches reach 975,000t, down 0.5 per cent YoY. Domestic supply was complemented by cement imports, which surged by 60 per cent YoY to 70,00... |
Vietnam cement demand up 14% YoY in August25 September 2018, Published under Cement NewsVietnamese cement demand rose 14 per cent YoY to 5.44Mt in August 2018, according to the Vietnam National Cement Association (VNCA). Of this total, northern provinces accounted for 39.2 per cent or 2.13Mt of total domestic consumption while off-take in central Vietnam reached 1.42Mt or 26.2 per cent. In the south deliveries reached 1.88Mt or 34.6 per cent of the country’s demand. Total production reached 8.43Mt, representing an increase of 37 per cent when compared with August 2017. In a... |
Production remains stable in Iran24 September 2018, Published under Cement NewsIran produced 24,085,446t of cement in the first five months of its calendar year, started on 21 March 2018, representing a minor increase of one per cent YoY from 23,841,346t. Volumes remained stable in the 23 July-22 August period, reaching 5.179Mt from 5.173Mt of the year-ago period. Furthermore, clinker production rose 2.7 per cent YoY to 26,096,428t in the first five months, according to the Guild Association of the Cement Industry Employers. |
Republic Cement Service's president forecasts 8% cement growth24 September 2018, Published under Cement NewsNabil Francis, president of Republic Cement Services Inc, believes that the cement industry in the Philippines can achieve a growth in cement demand of eight per cent this year. The main reason for the increased demand is coming from infrastructure projects, which are expected to grow at 13 per cent. "We are starting to feel the effect of the 'Build, Build, Build programme'...we are starting to feel the pulse of the market beating," said Nabil Francis. Currently, the residential segment ... |
Moroccan cement demand falls 28% in August21 September 2018, Published under Cement NewsCement consumption in Morocco declined 28.2 per cent in August 2018 to 881,411Mt when compared with August 2017, when 1,227,932t was sold, according to data of the Ministry of Housing and Urbanisation. Sales in the largest market, Casablanca fell by a third YoY to 193,737t while in Marrakech-Safi deliveries dropped by 13.1Mt to 135,824t over the same period. The Rabat-Salé area recorded the largest decline at 38.8 per cent to 109,722t. In Tanger-Tétouan demand contracted by a third to 105,... |
Cement demand rises in southern India21 September 2018, Published under Cement NewsCement demand in southern India is increasing alongside growth in infrastructure and housing, according to N Srinivasan, chairman, India Cements. "After a long time cement demand is slowly picking up in the south, which has the problem of capacity overhang having 160Mt (out of a total capacity of 400- 425Mt in the country) against the demand of around 70- 80Mt," said Mr Srinivasan. The southern region recorded a 20 per cent rise in output in the first quarter of FY18-19, on the back of an i... |
First raw material imports arrive for Osho Cement21 September 2018, Published under Cement NewsThe first vessel of raw material for Osho Cement in the Coega special economic zone (SEZ), South Africa, has moored at the Port of Ngqura. The Genco Brittany discharged a total of 55,410t of clinker and gypsum at the port’s multipurpose terminal. Osho Cement, a ZAR650m (US$45.5m) joint venture between a South African and an Austrian company, will import its primary raw material and transport it by truck to its factory, a round trip of 13km. The new cement venture is expected to come onli... |