Cement News tagged under: international
Pakistan sees 31% YoY rise in exports in October 201724 November 2017, Published under Cement NewsThe export revenue of the cement industry in Pakistan fell 18.57 per cent YoY throughout the July-October 2017 period, to PKR9.05bn (US$85.97m) from PKR11.12bn. The volume of cement exported also decreased by 16.6 per cent in the same period, to 1.7Mt from 2.03Mt of the year-ago period. Exports to Afghanistan recorded an increase of 15.41 per cent YoY to 885,967t. However, exports to India saw a drop of 22.9 per cent YoY to 377,761t for the four-month period. Likewise, cement exports to th... |
Evergreen Holdings to build new plant in Uzbekistan24 November 2017, Published under Cement NewsEvergreen Holdings has initiated plans to construct a new cement plant in Karakalpakstan, Uzbekistan. The South Korean company will complete the project in several stages according to the demand of cement in Uzbekistan and neighbouring countries, reports Trend News Agency. The total capacity of the five operational cement plants in Uzbekistan is over 8.5Mta. However, the country hopes to increase cement output to 17Mta within the next five years. |
Moroccan demand stable in October22 November 2017, Published under Cement NewsCement demand in Morocco edged up 0.3 per cent in October 2017 to 1,320,030t from 1,316,225t in October 2016, according to data by the country's Ministry of Housing and Urbanisation. Market expansion was particularly strong in Laâyoune-Sakia Elhamra, where demand increased 44.8 per cent to 32,792t in October 2017 from 22,644t in October 2016, and in Dakhla-Oued Ed-Dahab, which saw consumption increase 63.7 per cent from 4476 to 7327t over the same period. Both Souss-Massa and Marrakech-S... |
Fire breaks out at GCC Dacotah cement plant22 November 2017, Published under Cement NewsA fire broke out at the GCC Dacotah cement plant in Rapid City (SD), USA, early Tuesday morning but was quickly extinguished by the local Fire Department, reports Rapid City Journal. No injuries were reported and the plant did not sustain any significant damage. The fire originated from the building in which the coal was stored, therefore the fast response of the emergency services was essential. The company expects no disruption of plant activity and the plant's US$90m expansion project w... |
Cement sales in Puerto Rico down 47% in October21 November 2017, Published under Cement NewsCement sales in Puerto Rico fell 47.1 per cent in October 2017 when compared with the previous year as result of the impact of Hurricanes Irma and Maria. Cement sales have been declining since 2013 and fell by 12.3 per cent in 2016. Output from domestic cement plants has fallen by 52.9 per cent YoY in 2017, reflecting an acceleration of production contraction from 11.5 per cent in 2016. |
Philippines set to test all cement imports21 November 2017, Published under Cement NewsThe cement import rules have been changed in the Philippines, according to the Manila Bulletin. All cement importation will now have to undergo stricter testing procedures designed to determine whether the cement meets the standards required under Philippines law, irrespective of whether it has undertaken pre-shipment inspection or not. Previously, an attempt had been made to give green lane privilege to local cement manufacturers. However, the Department of Trade and Industry (DTI) has r... |
Indonesian cement demand up 13% in October20 November 2017, Published under Cement NewsCement demand in Indonesia in October 2017 and the first 10 months of 2017 has shown sustained robust growth. The Indonesian Cement Association (ASI) and PT Semen Indonesia expect this trend to continue for a further one or two months before the start of the rainy season. In October domestic cement consumption was 6,754,075t, up 12.5 per cent compared to October 2016, according to ASI. In addition, exports were 272,682t, up 39 per cent of which cement exports were 75,671t, a YoY ris... |
Indian cement companies expected to raise prices20 November 2017, Published under Cement NewsIndian cement companies are expected to raise cement prices in reaction to the recent ban on petcoke and furnace oil, which came into effect in Uttar Pradesh, Haryana and Rajasthan. The ban is expected to affect in particular Shree Cement, JK Cement, JK Lakshmi Cement, Ambuja Cement, India Cements and ACC, which operate in these states. The price hike is predicted to be around INR10 (US$0.15)/bag. Other parts of the country could be affected in the future as the Supreme Court has rec... |
Pakistan cement producers face higher coal prices20 November 2017, Published under Cement NewsRising coal prices are presenting a risk to profit margins of cement manufactures in Pakistan. According to a local research house report, coal prices in the global markets have been on an upward trend (up 18 per cent from last July), after touching a trough at US$40/t on 16 February. It is expected that this sustained rise in coal prices will increase the cost of cement production in the short-term. Major contributory factors to the higher coal prices include China's imposition to cut p... |
South India cement prices fall INR16 per bag20 November 2017, Published under Cement NewsCement prices in South India have fallen for the second consecutive month, according to The Hindu. The price dropped by INR16 (US$0.24) per bag in October and is currently around INR332. Kerala and Tamil Nadu saw the steepest decline, with a MoM decrease of INR20 per bag in November. The decline in prices has been attributed to the sand mining ban and the poor monsoon season for the region. South India has a production capacity of 150Mta, but the lack of sand has kept the cement ... |