Cement News tagged under: international
Moroccan cement demand declines 4% in January15 February 2018, Published under Cement NewsCement consumption in Morocco fell 4.4 per cent in January to 1,114,857t from 1,166,184t in January 2016, according to the country’s Ministry of Housing and Urbanisation. In the country’s largest market, Casablanca-Settat, sales fell 8.6 per cent to 254,328t. However, a more positive development was noted in Marrakech-Safi, which saw demand expand by 9.6 per cent to 155,173t. Rabat-Salé-Kénitra saw demand slip 1.25 per cent to 146,466t while in Tanger-Tétouan-Al Houceima the offtake was 4... |
PPC Zimbabwe to keep Colleen Bawn plant open15 February 2018, Published under Cement NewsPretoria Portland Cement (PPC), has cancelled plans to shut down its Colleen Bawn cement plant in Gwanda, Zimbabwe, following talks with the government. Late last year PPC Zimbabwe had suggested the possibility of closing the factory in Matabeleland, citing pressure from cheap imported clinker, smuggling of cement products and high local manufacturing costs. "We have continued to engage the Zimbabwean Government. PPC Zimbabwe appreciates the support we have so far received, as expressed... |
Indian cement sees growth in industrial production table15 February 2018, Published under Cement NewsThe Indian cement industry shows recovery in production during the current financial year contrary to last financial year. According to the Indian Economic Survey 2017-18, which tracks output of the country's eight core industries, the domestic cement sector saw a production growth of 0.6 per cent during the period April-November 2017-18. This compares to -1.2 per cent in FY16-17 (April-March) after recording a growth of 4.6 per cent in FY15-16. The eight core infrastructure supportive ... |
CCI finds six companies have formed a cartel14 February 2018, Published under Cement NewsIn a preliminary investigation, the Competition Commission of India (CCI) has found that six cement companies have formed a cartel. Although this enquiry focussed on the northeast region it will widen to other locations, reports the Business Standard. "In fresh investigations, six large cement manufacturing firms have been found to be forming a cartel," said a source close to the development. In 2016, 11 companies and the Cement Manufacturers Association were issued a total penalty of ... |
Brazil sales slip in January13 February 2018, Published under Cement NewsBrazilian cement sales were down 0.1 per cent YoY to 4.33Mt in January 2018, according to the country’s cement association, SNIC. Average sales per working day increased 0.2 per cent but apparent consumption fell 0.5 per cent to 4.44Mt. The results were in line with SNIC’s expectations, with sales expected to fall in 1Q18 before seeing increases in the 2Q18. In the 12 months ending January 2018 domestic sales saw an accumulated decrease of 6.2 per cent in comparison with the previ... |
SMT Shipping begins Cymbidium cement shipments13 February 2018, Published under Cement NewsSMT Shipping, a specialist in cement carriers, self-loading and self-discharging bulkers, and transshipment vessels, has begun operating its new 7800dwt self-discharging bulker named "Cymbidium". The Cymbidium was delivered by the Royal Bodewes group in early January for trade in the Caribbean region. The ship loaded her first cargo in Aalborg, Denmark, but is destined for deployment serving the construction industry in the Caribbean, under a joint initiative thought to involve the shipown... |
Construction activity to be disrupted in Andhra Pradesh12 February 2018, Published under Cement NewsConstruction activity in Andhra Pradesh, India is expected to face disruption after the cost of cement has risen by INR20-30 (US$0.3-0.4)/50kg bag. The price hike, which has taken place over the last two months, includes other construction materials such as steel and hardware materials. Over 5000t of cement is purchased every month in the Amaravati region of the state, according to The Hans India. The region has seen a price increase from INR230-250/50kg bag to INR260-290/50kg bag. GS... |
Kenyan President Kenyatta inaugurates US$280m clinker plant09 February 2018, Published under Cement NewsKenya’s President Uhuru Kenyatta inaugurated a new cement clinker plant on 7 February. National Cement Co invested US$280m in the 1.2Mta clinker plant as well as a 15MW power plant, located between Merrueshi and Mbirikani, Kajiado County, south of Kenya’s capital, Nairobi. Mr Kenyatta said: “These jobs will teach our young people vital skills. These jobs will build the economy of this county. And these jobs that will have a multiplier effect right across the country.” He highligh... |
Cement retails above government price in Côte d’Ivoire09 February 2018, Published under Cement NewsCement currently retails at XOF5000 (US$9.32)/50kg bag in most stores in Abidjan, Côte d’Ivoire, according to Alerte info. The higher price, which contravenes the government-set price of XOF4500/bag, has been charged to customers since July 2017, reports the newspaper. |
Argentina’s cement dispatches up 17% in January07 February 2018, Published under Cement NewsArgentine cement producers dispatches 1,030,280t of cement, including exports, in January, up 3.2 per cent MoM and 17.3 per cent YoY, according to AFCP, the country’s cement association. The domestic market (including imports) expanded by 3.9 per cent MoM and 19.4 per cent YoY as manufacturers delivered 1,043,651t. Private consultants expect the market to continue its growth path in the next few years at an annual rate of seven per cent. |