Cement News tagged under: international
Vietnamese prices could rise in September13 September 2018, Published under Cement NewsVietnamese cement producers may increase prices this month as a result of the increased demand seen in the construction season, according to the Department of Price Management under the Vietnamese Ministry of Finance. However, the prices of popular cement products, such as PCB30 and PCB40, remained stable in August. Vicem affiliates are currently supplying the two types of cement at a price range between VND1-1.47m/t (US$42.9-63/t), depending on the product and specific producer. |
Brazil cement sales drop 2% in August12 September 2018, Published under Cement NewsDomestic cement sales in Brazil fell 2.4 per cent YoY to 4.9Mt in August 2018, according to the country’s cement association, SNIC. In the first eight months of 2018, accumulated sales slipped 1.7 per cent YoY to 34.89Mt while in the year ending in August 2018 they were down 2.6 per cent to 52.7 per cent when compared with the equivalent period in the previous year. For 2018, SNIC maintains its forecast of a decrease in sales of between 1-2 per cent. This would mark the fourth-consecutive... |
Turkey's construction sector is in meltdown12 September 2018, Published under Cement NewsTurkey's construction sector is on the verge of a coma," says Tahir Tellioglu, chairman of the Buildings Contractors Confederation of Turkey (BCCT). This slowdown comes on top of a deepening currency crisis which has seen the Turkish lira lose 40 per cent of its value against the dollar this year. Many construction companies are selling products below cost and are struggling to pay foreign-currency debts. "70 per cent of all private construction work has stopped or slowed down," said Ta... |
Puerto Rican cement sales up 23% in August12 September 2018, Published under Cement NewsCement sales in Puerto Rico increased 23 per cent YoY to 1.26m bags of 42.5kg (approx 53.55t) in August 2018. It is the eight-consecutive month of growth in cement sales after five years of decreasing sales in the country. In 2017 sales fell 11.2 per cent YoY. Output advanced 10.6 per cent to 1.09m in August. In the year prior, cement production fell by 14.2 per cent YoY. |
The World Cement Association welcomes JK Cement12 September 2018, Published under Cement NewsJK Cement has joined the World cement Association (WCA) as a corporate member. The indian cement producer has 10.5Mta of grey cement capacity and 1.2Mta of white cement capacity with one plant in UAE. Norman Greig, Secretary General of the WCA said: "India's infrastructure is expanding rapidly, and the cement industry is playing an important role in fulfilling the country's demand. We are delighted to welcome a leading member of the thriving Indian cement community and look forward to worki... |
Cement prices fall in Bolivia11 September 2018, Published under Cement NewsCement prices have started to decline in Santa Cruz, Bolivia, as competition intensifies on the back of a slowdown in the local construction sector. Prices have fallen to BOB44-48/50kg bag (US$6.37-6.95) from BOB52-56 per bag in March 2017. The number of construction works in the area is below levels recorded in 2015-16, with large projects delayed, according to Esmerk Latin American News. Cement that cannot be sold domestically is exported to Paraguay. Last year exports to the country re... |
Zimbabwe's cement prices skyrocket11 September 2018, Published under Cement NewsCement prices in Zimbabwe have hit a new high with 50kg bags being sold for US$20-25 on the black market compared to the authorised retail prices of US$11.50/bag for ordinary Portland cement and US$10/bag for masonry cement. A statement released by the Cement and Concrete Institute of Zimbabwe (CCIZ) last week indicated that the industry may not be able to cope with the rising demand, estimated at 30 per cent year-to-date since the same period last year, unless foreign currency shortages ... |
Chinese to build more cement factories in Uzbekistan10 September 2018, Published under Cement NewsChinese company Henshui Decheng Machinery and Equipment Co Ltd has signed an agreement to build several cement and brick factories in Jizzakh region, Uzbekistan. The announcement was made by the State Investments Committee of Uzbekistan. It is part of a plan to increase trade between Uzbekistan and China to US$10bn by 2020, reports Trend news agency. Currently, more than 700 enterprises with Chinese investment are operatign in Uzbekistan. More than 80 companies have been created with 1... |
Zimbabwe's cement demand outpaces supply07 September 2018, Published under Cement NewsZimbabwe is facing a cement shortage due to demand temporarily outpacing supply. The Confederation of Zimbabwe Industries (CZI) has demanded answers from the country's cement producers regarding the shortages. "We met the cement producers yesterday and they all said they are operating at full throttle. Sales are going on. Usual informal traders were taking advantage of the situation and hoarding cement for speculative purposes," said Sifelani Jabangwe, president of the CZI. As a result... |
The NCCBM appoints Mahendra Singhi as its new chairman07 September 2018, Published under Cement NewsThe National Council for Cement and Building Materials (NCCBM), has appointed Mahendra Singhi, Group CEO of Dalmia Cement (Bharat) Ltd, as its new Chairman. Mr Singhi has been a part of the board of Governors of NCCBM since 2013. Mahendra Singhi, Group CEO of Dalmia Cement (Bharat) Ltd is the new NCCBM chairman Commenting on the occasion, NCCBM Director General, Ashutosh Saxena, said, "We are fortunate to have someone of Mr Singhi's calibre and experience to lead NCCBM. We... |