Cement News tagged under: international
Rise in cement consumption prompts expansion plans in Sri Lanka05 January 2018, Published under Cement NewsCement consumption in Sri Lanka increased by 25.3 per cent YoY in 2016, to 7.99Mt from 6.37Mt. While local cement production also rose by 17.8 per cent to 2.69Mt from 2.28Mt in 2015, imports increased 29.5 per cent to 5.29Mt from 4.09Mt in 2015. This growth in consumption has prompted an expansion plan by Tokyo Cement Company Lanka Plc. In 2017 the company invested over LKR7.3bn (US$47.6m) to increase domestic production by 1Mt. Although no time frame has been announced, the company is al... |
Argentina's cement consumption up 7% in December 201704 January 2018, Published under Cement NewsThe Argentine cement market expanded 6.8 per cent YoY in December 2017 with demand at 1,004,332t, according to the latest data by the country’s cement association, AFCP. In December 2016 national demand stood at 940,055t. However, when compared with November 2017, the market contracted by 14.9 per cent. Domestic producers dispatched some 990,472t across Argentina, a YoY advance of 5.8 per cent but a MoM drop of 14.9 per cent. These deliveries were supplemented by 13,860t of imports, more ... |
China sees a rise in clinker imports04 January 2018, Published under Cement NewsChina imported 184,600t of clinker in the first 11 months of 2017, over four times the amount imported during the year-ago period, according to Caixin Global. These figures have been attributed to a surge in domestic prices making it more cost effective to import the material. The majority of the clinker was imported from Vietnam for companies based in Hainan, Shandong, Zhejiang and Beijing. The rise in domestic clinker prices has been linked to a government campaign to limit the pro... |
Turkish petcoke imports uncompetitive compared to domestic producers04 January 2018, Published under Cement NewsTurkish petcoke imports are uncompetitive due to lower prices being offered by domestic producers and high freight rates. The domestic price of petcoke in Turkey is approximately US$107-108/Mt, a lower price than imported petcoke once US$8-10 has been added to cover the added import costs, according to S&P Global Platts. A S&P Global Platts assessment saw Supramax petcoke freight rates from Houston to Aliaga at US$21/Mt on Wednesday, a decrease of 25 cents when compared to the highest pri... |
Pakistan receives a mixed outlook for 201803 January 2018, Published under Cement NewsPakistan’s cement industry is expected to face a series of challenges in 2018 such as decreasing profitability, high interest rates and an increase in coal prices. These factors make a high profit margin for the sector unlikely in the coming years. Reports show that cement bag prices have been placed under pressure by the opening of Cherat Cement’s second production line in the northern region. Alongside this, international coal prices rose by 23 per cent in the first quarter of FY2018 to... |
Mexican cement demand forecast to fall 3% in 201703 January 2018, Published under Cement NewsMexican cement consumption is expected to reach 43Mt in 2017, representing a three per cent YoY decrease when compared with 2016, according to the National Chamber of Cement (CNC). The fall is the first since 2013. The market contraction has been attributed to a weak construction sector and the uncertainty around the NAFTA negotiations. Cement companies were also at the centre of controversy as they increased prices by a total of 10.18 per cent by November, the highest level in a decad... |
New plant to open in Cambodia03 January 2018, Published under Cement NewsChip Mong Insee Cement Corporation plans to have its 2Mta plant in Kampot province fully operational early this year, according to Khmer Times. The company signed a partnership agreement with Citic Heavy Industries Company in 2016 to build the plant for US$262m. “It will produce two kinds of cement: Camel and Diamond Insee cements,” said Suy Sem, Minister of Mines and Energy in Cambodia. The total cement demand within Cambodia is expected to reach 5Mta within this year. |
Colombia cement dispatches stable in November02 January 2018, Published under Cement NewsCement dispatches in Colombia edged up 0.3 per cent YoY to 1.021Mt in November 2017, according to the national statistics office, DANE. The rise in dispatches is attributed mainly to the robust performance in the prefabricated and concrete producer segments. A total of 69.1 per cent of dispatches was carried out as bagged cement, witch the retail segment accounting for 76.6 per cent of bagged dispatches. Bulk cement was delivered mainly to concrete producers, which accounted for 68.9 per ... |
Nepal clinker and cement raw materials shortage continues02 January 2018, Published under Cement NewsImports of clinker to Nepal along the Parsa-Bara corridor from Raxaul, an Indian town located on Nepal-India border, have ceased since 22 December, after locals complained about air pollution and health hazards due to transportation of the crucial raw material used in production of cement. As an alternative, the Birgunj dry port had allowed traders to import clinker and other raw materials used in production of cement, but the government has since prevented this operation after locals of B... |
Cement prices in Nepal rise sharply due to clinker shortages29 December 2017, Published under Cement NewsThe tightening supply of cement amid a backdrop of increased demand has resulted in a sharp rise in cement prices in Nepal, with both cement manufacturers and retailers increasing prices in recent weeks. Cement prices in Chabahil, Kalopul, Gausala and Maitidevi have increased by NPR100 (US$0.97) per sack over the past week, according to a survey by The Himalayan Times. The price of a sack of Ordinary Portland Cement (OPC) rose by NPR100 per sack to NPR950 per sack. Meanwhile, a sack of Po... |