Cement News tagged under: international
Saudi cement sales down 20% in March10 April 2017, Published under Cement NewsCement sales in Saudi Arabia declined by 19.5 per cent in March, according to the monthly report issued by Yamama Cement Company (YCC) and published in local press. Cement sales totalled 4.17Mt, down from 5.85Mt in March 2016. Total production also declined by 16.2 per cent in March and reached 4.88Mt compared to 5.82Mt for the same month in 2016. Cement inventories increased by 41.3 per cent to 1.24Mt in March up from 877,000t in March 2016. Southern Province Cement saw the highest... |
Nepal Cement Manufacturers Association to review price hike10 April 2017, Published under Cement NewsThe Nepal Cement Manufacturers Association has agreed to review the recent hike in domestic cement prices, The Kathmandu Post reports. Earlier last week Industry Minister Nagendra Raj Joshi had requested that cement manufacturers review the recent hike which has seen prices increase by NPR20-25/bag. In a follow-up meeting called by Joshi on Sunday, the manufacturers said they are committed to lowering the price. During the meeting, Dhurba Thapa, President of Nepal Cement Manufacturers ... |
Pakistan: capacity utilisation exceeds 100 per cent in March07 April 2017, Published under Cement NewsAccording to figures released by the All Pakistan Cement Manufacturers Association (APCMA), cement dispatches for March 2017 reached 3.9Mt, up 23 per cent YoY with the industry running at full capacity during the month, reports the Daily Times. The rise in dispatches has been entirely driven by higher domestic consumption. In the nine months of the current Pakistani fiscal year, domestic demand rose by 10.9 per cent, while exports fell by 14.8 per cent, with the result that overall dispat... |
Positive outlook for 2017 despite rising energy costs06 April 2017, Published under Cement NewsLafargeHolcim, HeidelbergCement and CRH are optimistic about their global outlook in 2017, despite the challenge presented by rising energy costs. Positive output forecasts in developing markets such as India as well as Europe are expected to support demand for petcoke and other solid fuels. Ireland-based CRH said in its 4Q16 earnings call that it expects energy prices to increase this year. Around 60 per cent of its cement-related fuel requirements, which includes petcoke, coal and bi... |
China: new economic zone to boost cement companies' shares06 April 2017, Published under Cement NewsWhen the Shanghai stock market opens on Wednesday next week it is expected to see cement company shares rocket on the back of the announcement of a new Chinese economic zone outside Beijing at Xiongan New Area. The special economic zone will be three-times the size of New York with apartments and wetlands in northern Hebei province. The zone will be 100km southwest of Beijing and will cover 2000km 2 and will be similar to the economic ones in Shenzhen and Shanghai. Queues of potentia... |
US and Puerto Rico January shipments edge ahead05 April 2017, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico in January 2017 totalled about 5.4Mt, up by 2.9 per cent YoY, latest data from the USGS shows. The leading cement-producing states for Portland blended cement in January 2017 were Texas, California, Florida, Missouri and Alabama, in descending order. The leading cement-consuming states (Texas, California, Florida, Georgia and New York, in descending order) received 47 per cent of the January shipments. C... |
Argentina's cement producers set new March dispatch record05 April 2017, Published under Cement NewsArgentina’s cement companies dispatched 1,032,119t of cement in March 2017, surpassing the previous record of March shipments, set in 2015 when 979,452t were delivered to customers. The latest delivery volume is 15.5 per cent higher YoY and 28.7 per cent above the February 2017 level, according to AFCP, the country’s cement association. For the first quarter of the year, dispatches are up 6.2 per cent when compared with January-March 2016. The rise is attributed mainly to a signif... |
Prime Cement plans new Rwandan plant05 April 2017, Published under Cement NewsCement industry newcomer, Prime Cement, plans to construct a US$65m plant in Musanze District, Northern Province, Rwanda. The company has reportedly signed an equipment supply deal with FLSmidth, according to an article by The New Times (Rwanda). Gisele Bayigamba, general manager Milbridge Holding, the consortium that owns Prime Cement, said construction of the 0.7Mta facility will begin in the 3Q18. Cimerwa currently operates Rwanda’s sole integrated cement plant. The company, in w... |
Brazil's monthly sales down 15.3% YoY05 April 2017, Published under Cement NewsBrazilian cement sales totalled 3.9Mt in February, down 15.3 per cent YoY, according to the latest market data published by local cement association, SNIC. Over the first two months of this year, sales declined by nine per cent YoY. In the 12 months to the end of February 2017, cumulative sales totalled 56.4Mt, 11 per cent lower than the comparative period of the previous year. Cement prices in the domestic market in February 2017 rose by 8.6 per cent over January 2017 but were down 11 p... |
Bolivia: Potosí groundworks to start in two months05 April 2017, Published under Cement NewsThe construction of the new cement works in Potosí, Bolivia, is moving ahead as the movement of land at the site is scheduled to start in two months’ time, according to Williams Cervantes Beltrán, the town’s mayor. The new plant represents a total investment of US$306m, including the mobilisation and exploitation of the limestone deposits and operating expenses. The construction of the plant itself is expected to cost around US$241m. Last March t he Bolivian government awarded the contra... |