Cement News tagged under: international
Brazil cement market faces subdued recovery11 January 2018, Published under Cement NewsFollowing three years of strong market contraction, Brazil’s cement producers may still face some months of weak demand before a pick-up in sales emerges. Brazil’s cement association, SNIC, estimates total sales growth for 2018 between 1-2 per cent, barely making up for the 24.2 per cent contraction since its 71Mta peak in 2014. In 2017 cement sales fell 6.4 per cent to 53.8Mt. An effective recovery in demand will only come in the second half," Paulo Camillo Penna, president of SNIC. ... |
Vietnam cement consumption reaches 62Mt in 201710 January 2018, Published under Cement NewsVietnam’s demand for cement increased seven per cent YoY to 62Mt in 2017, according to the Department of Price Management, Ministry of Finance. The rise in cement sales has been attributed to a rise in construction projects, particularly in the real estate and transport sector. However, when compared with 2016, the increase was marginal as prolonged rains and storms impacted sales. Cement consumption in December advanced three per cent to 6.5Mt with prices reported as stable as inputs... |
Mexican cement producers raise prices10 January 2018, Published under Cement NewsAt the start of the new year, Mexican cement producers have raised the price of grey cement between 6-10 per cent, according to Ramiro Páez Cruz, president of the Mexican Association of Independent Concrete Co (AMCI). Cruz Azul and Fortaleza raised the prices of their products by five per cent while the increase by Cemex, Moctezuma and Holcim was 6.25, seven and 10 per cent, respectively. The increases in cement prices will be passed on to the customers, said Mr Páez Cruz with concre... |
Azerbaijani cement producers raise prices09 January 2018, Published under Cement NewsNorm and Holcim Azerbaijan have raised the price of their cement by 5-6 per cent from 25 December, according to AF Euro Home. The cost of grade 300 cement increased from AZN5 (US$2.96) to AZN5.30. Grade 400 cement is now priced at AZN6.30, up from AZN6. No reasons for the price hike were disclosed. |
Cheetah Cement to commence operations in Namibia09 January 2018, Published under Cement NewsCheetah Cement's new facility in Otjiwarongo is starting the rock blasting process as it prepares to begin operations this month. The new plant represents a total investment of US$350m and was constructed by Whale Rock Cement, according to the Namibia Economist. Plans for the project were first announced in 2015 when a memorandum of understanding was signed with between Cheetah Cement and Asia and Africa Business Management (Xi'an) Co Ltd. Construction of the plant began in August last... |
Swiss cement sales slip 3% in 201708 January 2018, Published under Cement NewsCement deliveries in Switzerland saw a 2.8 per cent fall to in 2017 as Cemsuisse reports a domestic sales volume of 4.3Mta. The drop follows a 4.2 per cent rise in 2016. The initial drop in the 1H17 was partly absorbed in the 2H17, but the 4Q17 saw a 0.8 per cent decline. Cemsuisse said the share of rail transport increased YoY to account for 53.3 per cent of all deliveries. |
Builders' Association of India seeks cement regulator08 January 2018, Published under Cement NewsTo secure the smooth expansion of India's construction sector, the Builders' Association of India (BAI) highlighted the need for creating a cement regulator. Subcontractors in the construction sector are still levied a general sales tax (GST) of 18 per cent, according to the BAI, who emphasised the need to reduce the tax. The establishment of a cement regulatory authority will help control pricing and prevent cartelisation by cement producers, said B Seenaiah, BAI chief patron. “Th... |
New projects to take total Ugandan output to 6.8Mta08 January 2018, Published under Cement NewsA number of projects in Uganda are expected to commence operation this year, taking total cement production to 6.8Mta from 3.6Mta, reports Ugandan newspaper The Independent. Hima Cement’s new 1Mta facility in Tororo is expected to open in 1Q18 and will take the company’s overall capacity to 1.8Mta. Meanwhile, Tororo Cement is awaiting a capacity increase to 3Mta from 1.9Mta through a plant expansion. National Cement is also investing US$185m on a 1Mta plant in the same region, which is ex... |
Pakistan sees an increase in total cement dispatches for 2H1705 January 2018, Published under Cement NewsThe Pakistan cement sector experienced sales growth in July-December 2017 with total dispatches reaching 22.24Mt from 19.8Mt in the year-ago period, reports Business Recorder. In the final six months of 2017, domestic consumption reached 19.83Mt which is an increase from 16.89Mt in the corresponding period of the previous year. However, the decline in exports has continued with a drop of 17.3 per cent YoY to 2.4Mt from the 2.91Mt recorded in 2H16. Cement plants in Punjab and Khyber Pa... |
Tajikistan produced 3Mt of cement in 201705 January 2018, Published under Cement NewsTajikistan’s cement factories turned out 3Mt of cement in 2017 and exported some 1Mt of this output. Domestic deliveries were primarily used in the construction of hydraulic structures, roads and bridges as well as housing. The country’s demand is estimated at 3-3.5Mta, with imports from Pakistan and Iran covering the domestic supply deficit. Total cement capacity in the country stands at 4.7Mta. Afghanistan is the main export destination, but cement was also dispatched to Uzbekistan a... |