Cement News tagged under: international
Moroccan cement dispatches down 11% in September11 October 2023, Published under Cement NewsDeliveries by members of Morocco’s cement association APC ( Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc ) have decreased by 11 per cent YoY to 1,045,795t in September 2023 from 1,174,683t in September 2022, according to the Ministry of National Territory Planning, Land Planning, Housing and City Policy. Dispatches to the infrastructure segment of the construction market increased by 31.5 per cent to 73,160t in September 2023 from 55,619t in September 20... |
Saudi cement sales drop 6% YoY11 October 2023, Published under Cement NewsSaudi Arabian cement sales declined to 4.01Mt in September 2023, down six per cent compared to the 4.26Mt seen in the same period a year earlier, according to Aljazira Capital. Over the same timeframe, cement exports advanced too 776,000t, up slightly from 773,000t in September 2022. Over the first nine months of 2023, export sales have remained stable YoY at 6.4Mt. September 2023 saw clinker inventories of 39.69Mt, marking an 11 per cent increase YoY and 0.4 per cent advance MoM, reports... |
Malaysian cement demand set to flourish, says report11 October 2023, Published under Cement NewsCement demand in Malaysia will continue to flourish in the medium-to-long term, supported by major infrastructure projects across the country, reports RHB Investment Bank Research (RHB IB). A sector report by RHB IB listed current low inventory levels, the push towards solar panels and electric vehicles, and the recovery in demand on the back of an anticipated upturn in China’s manufacturing and property sectors in the second half of 2024, as the main drivers of its demand growth projections... |
Cemtech Europe opens in Istanbul: Turkey prepares to launch domestic ETS10 October 2023, Published under Cement NewsCemtech Europe 2023 , the leading cement industry conference in Europe organised by International Cement Review , has opened in Istanbul, welcoming over 300 delegates from 40 countries. Welcoming delegates to the conference, Volkan Bozay, CEO of the Turkish Cement Manufacturers Association, TÜRKÇİMENTO, highlighted the strengths of the domestic industry, which now includes 120Mta of clinker capacity and is ranked as the fifth-largest industry worldwide. Mr Bozay acknowledged the earthq... |
Italy’s cement market contracted 9% in 202206 October 2023, Published under Cement NewsTotal consumption in Italy was down by 6.7 per cent YoY to 19.07Mt in 2022 from 20.45Mt, according to Federbeton. Of this total 1.944Mt was imported, up 15.1 per cent YoY from 1.69Mt. In per capita terms, domestic consumption fell from 346kg/inhabitant in 2021 to 324kg/inhabitant in 2022. Cement dispatches in the country decreased by 8.7 per cent YoY to 17.125Mt in 2022. Declines were felt across the country. In the north dispatches were down 8.6 per cent YoY to 8.891Mt while in central Ita... |
Italian cement production slips 1% in July05 October 2023, Published under Cement NewsItaly’s cement producers decreased their output by one per cent in July 2023 when compared with the previous year, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output value advanced from 98 in June to 101 in July. In the first seven months of 2023 production fell by four per cent YoY. However, cement prices increased nine per cent YoY in July 2023, representing a deceleration in price rises from 13 per cent in June 2023. Compared ... |
Qatar market to expand by a CAGR of 5% in 2022-3205 October 2023, Published under Cement NewsThe Qatar cement market is expected to see a CAGR of 5.2 per cent in terms of value between 2022-32, reaching US$1550.9m by the end of the period. Much of this growth is being driven by the country’s rising population, fuelling growth in urbanisation. Qatar is seeing not only rising demand for residential and commercial buildings, but also civic and tourism infrastructure, according to a report by Future Market Insights. Government initiatives over the past five years have resulted in... |
Itacamba launches new distribution centre04 October 2023, Published under Cement NewsBolivian cement producer Itacamba has announced the launch of a fourth distribution centre to help efficiently serve cement demand requirements in the country’s La Paz Department. The new distribution centre is strategically located on the premises of the Exprinter Bolivia Logistics Complex, in the Senkata area of the city of El Alto, enabling the company to promptly meet local consumption needs. Itacamba has existing distribution centres in Santa Cruz de la Sierra, Montero, Cocha... |
SIKA launches new growth strategy03 October 2023, Published under Cement NewsAt today's Capital Markets Day in Zurich, Sika will presents its new Strategy 2028, “Beyond the Expected”, which the company says builds on the company’s successful growth model. “The roadmap leverages on Sika’s strong market position and innovation power and sets the course for an even stronger performance in the years to come,” the company said in a statement. The annual growth target will be lifted to 6-9 per cent in local currencies and profitability target will be increased to an ... |
US and Puerto Rico imports increase 16% in July28 September 2023, Published under Cement NewsPortland and blended cement shipments in the USA and Puerto Rico slipped 2.1 per cent to 9.3Mt in July 2023 when compared with July 2022, when 9.5Mt was shipped, according to the US Geological Survey (USGS). Of the total blended cement volume reported, 4.9Mt or 98 per cent was Portland limestone cement (Type IL). In terms of market size, Texas, California, Florida, Georgia and Ohio led the rankings, receiving a combined 38.4 per cent of shipments. The leading producing states for Portland... |