Cement News tagged under: international
Moroccan cement market contracts 15% in March10 April 2018, Published under Cement NewsMoroccan cement demand declined 15.1 per cent YoY in March 2018 to 1,124,152t from 1,324,221t in the third month of 2017, according to the latest data from the country's Ministry of Housing and Urbanisation. The Casablanca-Settat market, the largest in the country, saw its requirement in March decrease by 19.1 per cent YoY to 236,503. However, dispatches to the Marrakech-Safi area saw a 7.9 per cent YoY increase to 176,785t while in Rabat-Salé-Kenira, they were down 19.5 per cent to 129,68... |
Iranian cement facilities produced 49.7Mt in the 11MFY17-1810 April 2018, Published under Cement NewsIranian facilities produced 49.697Mt of cement during the first 11 months of the last fiscal year (20 March 2017-20 February 2018), falling 1.8 per cent YoY. The latest statistics show that exports of the country’s minerals and mineral industry products has increased in value but dropped in volume, according to Trend News Agency. Exports of the products reached US$8.396bn over the 11MFY17-18, a six per cent increase on the year-ago period. The volume of mineral exports decreased three per... |
Indian cement industry may post flat growth in FY1910 April 2018, Published under Cement NewsThe Indian cement industry is expected to post a flat growth of approximately five per cent in FY19, despite an increase in demand and a positive outlook, according to an ICRA report. The profitability margins and debt metrics of cement companies could be negatively impacted by higher petcoke, coal and diesel prices. "The cement demand has picked up from 3QFY18 and the trend is expected to continue in 4QFY18, but the growth of the industry may remain flat at five per cent in FY19," said I... |
Dominican cement sales down 4%, exports fall 5%10 April 2018, Published under Cement NewsDominican cement producers saw a 3.7 per cent fall in domestic sales and a five per cent decline in exports in the January-February 2018 period, according to the President of the Dominican Association of Cement Producers (Adocem), Rayza J Rodriguez. Ms Rodriguez attributed the contraction in the domestic market to periods of unusual rains. In addition, she highlighted the industry’s commitment to sustainability. The Dominican Republic currently has seven cement plants, of which six are... |
Diamond Cement Ghana to work with government on Keta Port10 April 2018, Published under Cement NewsThe Ghana Ports and Harbours Authority (GPHA) has signed a Memorandum of Understanding (MoU) with the Diamond Cement Ghana Ltd, to build a port at Keta, Volta region, Ghana. President Nana Addo Dankwa Akufo-Addo's New Patriotic Party (NPP) government guaranteed that it would build a port as part of its manifesto and site preparations will start in June. |
Swiss 1Q cement sales fall 2% YoY09 April 2018, Published under Cement NewsDomestic deliveries in Switzerland declined by 2.2 per cent in the first quarter of 2018, according to the country’s cement association, Cemsuisse. Volumes decreased from 853,180t in 1Q17 to 834,252t in 1Q18 as cold weather in March extended the winter period and fewer working days affected cement demand. |
Shortage of cement could continue in Rwanda09 April 2018, Published under Cement NewsA shortage of cement at distribution points is expected to continue in Rwanda, while retail prices will remain high until regional manufacturers resume production at the end of April 2018, according to The East African. However, a prolonged cement shortage is a distinct possibility as domestic manufacturers claim large infrastructure and real estate projects will place pressure on their capacity. The expected increase in demand and maintenance works at Cimerwa’s facility could lead to the... |
Pakistan's State Bank acknowledges cement growth09 April 2018, Published under Cement NewsPakistan's State Bank has confirmed that cement industry is performing well and a considerable amount of capacity is due to come ons-stream in a couple of years. Manufacturers have been investing aggressively in capacity expansions (by adding about 60 per cent additional operational capacity) over the past few years, in anticipation of strong domestic demand. The cement industry is driven by steel and domestic infrastructure investments, by both public and private backers, said the ... |
Bélier brand is voted best product of the year09 April 2018, Published under Cement NewsLafargeHolcim Côte d'Ivoire's Bélier cement brand has been voted best product of the year. This recognition was bestowed by the Label of the African Consumers in the presence of Mr Souleymane Diarrassouba, Minister of Commerce, Crafts and the Promotion of the SME. This distinction comes after a five-month satisfaction survey of 14,000 consumers. Ciment Bélier was the top choice among Ivorian consumers, especially for its quality/price ratio, its ease of use and its durability. The packagi... |
PCA forecasts 3% growth in cement consumption for 201806 April 2018, Published under Cement NewsThe USA-based Portland Cement Association (PCA) has released its Market Intelligence Spring Forecast and envisions modest growth for cement consumption over the next two years, increasing by 2.8 per cent in 2018 and 2019. In 2020 consumption is expected to rise four per cent as positive impacts from potential federal infrastructure spending are likely to come into effect, according to the PCA report. The PCA analysis suggests that infrastructure spending is not likely to occur until the 4... |