Cement News tagged under: international
Spain's cement demand up 9% in May18 July 2018, Published under Cement NewsThe Cement Demand Index in Spain noted a YoY 9.3 per cent rise in May 2018, down 1.2 percentage points when compared with the previous month, according to Oficemen, the country’s cement association. In the last 12 months Spain’s cement market totalled 12.8Mt of cement, up 1.1Mt when compared with the same period of the previous year. “These volumes maintain the annual demand for cement in our country in figures similar to those recorded in 2013 and in half of what would be a normal le... |
FDI Pakistan touches 53% growth in FY1818 July 2018, Published under Cement NewsPakistan's cement and construction industry received foreign direct investment (FDI) of US$766.3m during the 12 months of FY17-18 (July -June), compared to US$501.9m received in corresponding months of last fiscal year. This translates a YoY growth of 53 per cent, says the State Bank of Pakistan (SBP). The breakdown shows that cement industry attracted FDI of US$59m and the construction industry US$707.30m compared to US$36m and US$465.90m, respectively in July 2016-June 2017. According... |
Brazil's cement sales slip 2% in 1H1817 July 2018, Published under Cement NewsFrom January to June 2018, cement sales in Brazil totalled 25.4Mt, down 1.5 per cent YoY, according to preliminary data from SNIC, the country’s cement association. Apparent consumption (domestic sales + imports) totalled 25.5Mt in the six-month period. slipping 1.9 per cent when compared with 1H17. SNIC President, Paulo Camillo Penna, said that the results achieved in the first half were strongly influenced by the truck drivers strike: "We projected an already positive performance in... |
Cement consumption in Peru up 6% in June17 July 2018, Published under Cement NewsPeru’s cement market expanded by 5.7 per cent YoY to 0.865Mt in June 2018 and when compared with the previous month, largely stable, according to the latest data from Asocem, the country’s cement association. Of this total, national deliveries fell by 2.1 per cent YoY to 0.76Mt while imports advanced 147.5 per cent YoY to 0.106Mt. Cement production slipped by 2.5 per cent YoY to 0.79Mt in June 2018 from 0.807Mt in June 2017 while clinker output rose 45.7 per cent from 0.726Mt in June 2017... |
Sudan's cement factories cut production by 50%17 July 2018, Published under Cement NewsFuel shortages and frequent power cuts have forced cement factories in Sudan's River Nile state to reduce their production by more than half. Atbara Cement plant has cut its cement production from 120,000tpm to 60,000tpm, said a company spokesperson. He said that the cement production in El Salam Factory dropped from 60,000tpm to 20,000tpm, El Takamol Factory from 80,000tpmto 32,000tpm, the North Factory from 120,000tpm to 50,000tpm and the Berber Factory from 70,000tpm to 30,000tpm. A g... |
Caribbean Cement build new Rockfort administration building17 July 2018, Published under Cement NewsCaribbean Cement held a groundbreaking ceremony for the construction of Caribbean Cement's new administration building at Rockfort last Friday. The previous building at the Rockfort cement plant was destroyed by a fire in January 2017. Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, attended the groundbreaking ceremony and told guests, "I really am pleased to hear that the company is not just investing in equipment, and we are seeing that you are only importing eq... |
Raysut Cement 1H18 profit falls16 July 2018, Published under Cement NewsRaysut Cement Co reported a 14.4 per cent increase in revenues in the first half of 2018. Revenues advanced to OMR42.8m (US$111.3m) from OMR37.4m in 1H17. However, the Omani cement producer’s profit attributable to shareholders during the first six months of 2018 fell 84.8 per centto OMR701,731 from OMR4.6m a year ago. |
Uzbekistan records 6% fall in production in 1H1813 July 2018, Published under Cement NewsUzbekistan has recorded a 5.8 per cent YoY fall in cement production in the first half of 2018, decreasing to 3.95Mt from 4.20Mt in the year-ago period. Depending on the region of sale, both Kizilkumcement JSC and Bekabadcement JSC have set cement prices in the region of UZS430,000-490,000/t (US$55-62/t). Furthermore, the head of state has established a cement price threshold for a number of contractors, according to Trend News. Producers will sell 2Mt of cement at UZS367,000/t to the cont... |
Kenya's cement consumption falls to 1.4Mta in 2Q1813 July 2018, Published under Cement NewsCement demand in Kenya has fallen to 1.4Mta in the second quarter of the year, according to a report from the Kenya National Bureau of Statistics (KNBS). The agency attributes the drop to a continued slowdown in real estate activity. In the first quarter of 2017 domestic cement consumption reached 1.5Mt but has since decreased. Furthermore, the continuing decline was also reflected in a 15.7 per cent drop in cement imports as well as in an eight per cent fall in clinker imports during the... |
Work to start on new Almaty cement plant13 July 2018, Published under Cement NewsConstruction of a large cement plant has begun in Almaty region, Kazakhstan. According to investors, the enterprise has a favourable location. Kerbulak district is located in the centre of the region. The main highway and the major railway line passes through the district. Some 40ha of land will be allocated for the construction of the plant. Investment worth KZT50bn (US$145.2m) were allocated for the implementation of the Kazakh-Singapore project. The share of the foreign capital in the p... |