Cement News tagged under: international
Vietnam exports 2.6Mta of cement in February16 March 2018, Published under Cement NewsIn February 2018 Vietnam exported 2.6Mt of cement, representing a hike of 30 per cent YoY, according to Vietnam’s Ministry of Construction. Domestic cement consumption rose 11 per cent YoY to 5Mt. For the first two months of 2018, nearly 18.6Mt of cement were sold, including 5.5Mt exported, representing a rise of 121 per cent when compared with January-February 2017. |
Russian cement consumption rises by 3.5% in January16 March 2018, Published under Cement NewsIn January 2018 the volume of cement consumption in Russia amounted to 2.2Mt, up 3.5 per cent on January 2017, reported the Cement Producers’ Union (CPU). Domestic cement production increased in January 2018 by 7.9 per cent to 2.1Mt when compared with the same period in 2017. The CPU added that the Russian market was on course for three per cent growth in cement demand in 2018, with February's demand expected to also see a three per cent rise, supported by the building renovations in Mosc... |
Cement consumption rises in Indonesia in February15 March 2018, Published under Cement NewsDomestic cement consumption in Indonesia rose 5.2 per cent YoY to 4.79Mt in February 2018, supported by an increase in cement demand on the islands of Sumatra and Kalimantan, according to Indonesia Investments. Kalimantan recorded a 16.4 per cent YoY uptick in cement demand, with sales volumes reaching 345,000t. This has been attributed to the construction of the Samarinda-Balikpapan toll road, as well as strategic power plant and port projects. Cement sales in the country reached 10.... |
Maharashtra government plans to give away fly ash for free15 March 2018, Published under Cement NewsFollowing its adoption of the fly ash utilisation policy last year, the Maharashtra government is now planning to give away the material for free. At its first meeting held on Tuesday, the Fly Ash Council told the state power generation company, Mahagenco, to work out how to provide the material to industries within 100km of its power plant, according to The Indian Express. "It has been observed that industries are discouraged from buying fly ash because of high transportation cost. Giving... |
Brazil's cement demand largely stable in February14 March 2018, Published under Cement NewsBrazilian cement demand reached 3.872Mt in February 2018, down 0.8 per cent from 3.902Mt reported in the year-ago period, according to the latest data from the country's cement association, SNIC. Sales in the northern region dropped by 16.9 per cent YoY to 0.167Mt from 0.167Mt, the largest regional contraction in the country in February 2018. The northeast and southeast saw demand decrease by 5.1 and 0.5 per cent, respectively, when compared with February 2017. This resulted in a demand o... |
San Miguel Corp announces plans for new plant14 March 2018, Published under Cement NewsCement producers based in the Philippines are investing to expand their capacity on the back of an anticipated demand increase, which could result in an opportunity for exports in the future, according to the Manilla Bulletin. San Miguel Corp have recently announced plans for a new cement plant in Pagbilao, Quezon. The 2Mta facility is expected to begin commercial operation in May 2021, and represents an investment of PHP12bn (US$230.3m). |
ACC and Ambuja to supply discounted cement to each other13 March 2018, Published under Cement NewsACC Ltd and Ambuja Cements have agreed to supply cement to each other at a discount, according to Bloomberg. The agreement also covers the supply of clinker, fuel, fly ash, slag and gypsum. According to the pricing formula, either company would receive a five per cent discount on the average net selling price. Cement prices in India Cement prices have fallen across India in March, according to the Kotak Institutional Equities’ dealer survey. Prices have decreased by INR9/bag (US$0.14/bag... |
Moroccan cement sales stable in February13 March 2018, Published under Cement NewsCement demand in Morocco remained stable in February 2018, reporting a 0.53 per cent YoY rise to 1,069,926t from 1,064,306t in February 2017, according tot he Ministry of Urbanism and Housing. Market performance throughout the country varied strongly, ranging from a 29.3 per cent expansion in the small market of Dakhla-Oued Ed-Dahab to a 17.4 per cent contraction in Fès-Mèknes. The country’s largest market of Casablanca-Settat saw sales slip 2.2 per cent YoY to 226,476t. However, Tanger-Té... |
Vietnam cement sales increase 38% to 7.62Mt in February13 March 2018, Published under Cement NewsVietnam sold 7.62Mt of cement in February, representing a 38 per cent YoY hike and 22.9 per cent of the full-year target, according to the Vietnam Building Material Association, Ministry of Construction. The domestic market accounted for 5.02Mt, showing an 11 per cent expansion when compared with the year-ago period. This includes 1.96Mt sold by the Vietnam Cement Industry Corp (Vicem). Around 2.6Mt were exported in February, a 30 per cent YoY rise. In the first two months of 2018, di... |
FHL to set up a warehouse to avoid shortages13 March 2018, Published under Cement NewsFijian Holdings Ltd (FHL) is planning to set up a warehouse in the west to avoid cement shortages in the future, reports the Fiji Broadcasting Corporation. Last year FHL’s subsidiary company, Pacific Cement, suffered a major breakdown in its mill and was subsequently closed for nine weeks, resulting in cement shortages in the country. The new warehouse with cement silos is expected within the next six months, according to Nouzab Fareed, FHL Chief Executive. "So that is basically diver... |