Cement News tagged under: international
Red Sea City plan raises Saudi cement firms' share prices30 October 2017, Published under Cement NewsSaudi Arabia’s plan to build an entirely new US$500bn city, Neom, by the Red Sea has breathed life into the country’s beaten-down cement sector. Shares of companies such as Saudi Cement Co, Southern Province Cement Co and Yanbu Cement Co, the country’s biggest by market value, have all risen since the kingdom announced the Neom plan earlier this week, reports Arabian Business. The announcement "is surely a long-term positive for the cement sector - a sector which has been reeling... |
USA sees 3% rise in July cement shipments27 October 2017, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico rose 3.4 per cent YoY to 8.5Mt in July, according to data by the United States Geological Survey (USGS). The leading producing states were Texas, Missouri, California, Florida and Michigan (in descending order) and these accounted for 42 per cent of July sales. The top-five cement-consuming states were Texas, California, Florida, Ohio and New York (in descending order) which received 38 per cent of total July sh... |
Cemex forecasts 0.5Mt required to restore Mexican earthquake damage27 October 2017, Published under Cement NewsCemex said on Thursday that reconstruction efforts from two major earthquakes that hit Mexico last month will likely require 500,000t of cement over the next 12 to 18 months. The quakes, which together killed more than 470 people, collapsed dozens of buildings and damaged more than 180,000 homes across the country. |
Colombia's cement demand falls 5% in August 201724 October 2017, Published under Cement NewsGrey cement consumption in Colombia in August 2017 reached 1.033Mt, down 5.2 per cent when compared with August 2016, according to the national statistics office, DANE. Some 68 per cent of volumes, or 702,300t, were delivered in bagged form. The country's cement producers manufactured 1.035Mt of cement in August 2017, which represents a 8.5 per cent YoY decrease. In the year to date, domestic dispatches slipped 1.3 per cent to 7.961Mt when compared to 8M16 when DANE reported dispatches... |
Shift in Bolivian market due to reduced high-rise construction23 October 2017, Published under Cement NewsThe decrease in the construction of high-rise buildings in Bolivia has led to a change in cement sales, according to Fancesa’s Marketing Manager, Marcelo Maranon. Purchases are now carried out in random volumes rather than requiring large-sized deliveries, he said. The markets in La Paz, Santa Cruz and Cochabamba have become saturated with such buildings, shifting the emphasis on smaller projects. |
Peru sees 4% rise in cement demand in September20 October 2017, Published under Cement NewsCement consumption in Peru advanced 3.8 per cent YoY from 0.82Mt in September 2016 to 0.851Mt one year later, according to data from Asocem, the country's cement association. Total dispatches increased 2.9 per cent YoY to 0.884Mt in September 2017 from 0.86Mt in the year-ago period. This includes a 14 per cent drop in cement exports to 33,000t. However, Peru’s cement producers also exported to 72,800t of clinker. Domestic cement production rose 4.3 per cent in September to 0.884Mt, wh... |
Argentina's demand sees 11% rise in 9M1719 October 2017, Published under Cement NewsArgentina’s cement producers delivered 1,121,311t of cement in September 2017, up 12.6 per cent YoY and 0.8 per cent MoM, according to the country’s cement association, AFCP. Domestic supply was complemented by 10,122t of imports, more than doubling the 4900t imported in September 2016 and seeing a 10.1 per cent MoM increase. This resulted in a total market demand of 1,131,433t, up 13 per cent YoY and 0.8 per cent MoM from 1,001,130t and 1,22,059t, respectively. In addition, domestic ... |
Xinjiang cement industry returns to profit19 October 2017, Published under Cement NewsThe cement industry in Xinjiang province is faced with higher rates of overcapacity than any other part of China, making losses in three consecutive years. However, sector reform is expected to return the industry to profit, according to a government official. Cement makers in Xinjiang have taken on a staged approach to operation, under which they stop production during the winter heating period and pick back up in the spring, which has played a positive role in reducing overcapacity. ... |
Key equipment for Fancesa line arrives at port19 October 2017, Published under Cement NewsSome 200 large components for the new production line of Bolivian cement producer Fábrica Nacional de Cemento (Fancesa) have arrived at the northern Chilean port of Iquique. From Iquique Terminal Internacional they will be transported to Cal Orcko, near Sucre, where the new 2100tpd line will be built. Commissioning is scheduled for mid-2019. FLSmidth was awarded the contract for the line on 27 July 2016. Equipment supply will include ATOX® 35.0 vertical mill for raw grinding, ROTAX-2® r... |
YTL Corp founder dies19 October 2017, Published under Cement NewsYeoh Tiong Lay, the founder of and execuitive chairman of group YTL Corp, passed away on Wednesday, the group said in a news release. He was 88 years old. Mr Yeoh founded what was originally a construction company in 1955 and undertook civil works while the country was under British colonial rule before participating in development projects after independence in 1957. He assumed the role of executive chairman in 1985, allowing Francis and his six other children to run the group's day-... |