Cement News tagged under: international
Peru sees 7% drop in domestic sales in February 201716 March 2017, Published under Cement NewsPeru's cement market contracted 6.9 per cent YoY with sales of 0.737Mt in February, according to Asocem, the country's cement producers' association. Output from Unacem, Cementos Pacasmayo and Cementos Yura reached 0.766Mt, 6.9 per cent below the 0.822Mt produced in February 2016. Domestic production was supplemented with 75,200t of cement, up 71 per cent YoY, mainly Vietnam and China. Vietnam shipped some 44,298t at an average price of US$66.28/t CIF, increasing volumes by one per ce... |
Saudi Cement producers see sales fall 25% in February15 March 2017, Published under Cement NewsSaudi cement producers saw sales fall by 24.9 per cent in February 2017. Cement companies sold 4.09Mt of cement in the second month of the year, down from 5.44Mt in February 2016. Output also decreased by 26 per cent YoY from 5.47Mt to 4.04Mt during the same period while inventories increased to 1.07Mt, up 18.2 per cent YoY from 0.906Mt in February 2016. Yanbu Cement topped cement sales as it reported a volume of 0.474Mt but nevertheless experienced a 21.3 per cent YoY drop from 0.602M... |
Iraq: Badoush Cement Factory destroyed in struggle for Mosul15 March 2017, Published under Cement NewsReports from Iraq indicate that Badoush Cement Factory has been destroyed in the fighting resulting from the Iraqi government’s efforts to retake western Mosul from Islamic State (IS). The government’s latest offensive is a continuation of the operations that saw eastern Mosul recaptured in January. According to government sources, the Badoush plant was set ablaze by IS forces conducting a scorched earth withdrawal. However, a Kurdish source suggests that the plant was also targeted by... |
Vietnam: Thai acquisitions face tough competition15 March 2017, Published under Cement NewsThai companies have spent around US$600m acquiring assets in Vietnam even as the country’s cement producers face shrinking export markets and tougher domestic competition, Vietnam Net reports. At the end of February, LafargeHolcim completed the sale of its 65 per cent stake in its Vietnamese subsidiary to Siam City Cement (SCC) for at least US$550m. With the purchase, SCC now has 6.1Mta of capacity and a 20 per cent market share in southern Vietnam. Siam City’s domestic rival Siam Ceme... |
Philippines: DTI aproached about two new cement plants14 March 2017, Published under Cement NewsRamon Lopez, secretary of the Department of Trade and Industry (DTI) of the Philippines said two local groups have approached the agency on plans to add new cement capacity to the country's production base. One of the groups is itself engaged in cement importation and the two enterprises could spend up to US$1bn on greenfield cement plants. Mr Lopez did not disclose details of these projects but said the two groups have started securing clearances for their proposed operations. He explaine... |
Lebanon: Ain Dara plant project attacked by gunmen14 March 2017, Published under Cement NewsGunmen opened gunfire at a cement factory in the Mount Lebanon town of Ain Dara after the town's residents refused the establishment of factories in the area over health issues, the National News Agency reported on Monday. NNA said the assailants, who were not identified, opened gunfire at an under construction cement factory that belongs to the Fattouch family in Ain Dara in the outskirts of Dahr al-Baydar. Pierre Fattoush, a brother of MP Nicolas Fattoush, wants to establish a huge p... |
US/Puerto Rican shipments down 8.6% YoY in December, up 1.9% in 201613 March 2017, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico in December were 6.04Mt, representing a 8.6 per cent YoY fall, according to the US Geological Survey. The total includes 617,045t of imports to supplement the 5.42Mt supplied by domestic producers. Texas was the leading cement-consuming state, followed by California, Florida, Georgia and New York. These states received 44 per cent of December shipments. The leading cement-producing states were Texas, California,... |
Indonesian cement sales rise 0.2% in February 201713 March 2017, Published under Cement NewsCement sales in Indonesia rose 0.2 per cent YoY to 4.54Mt in February 2017 from 4.54Mt in the same month one year earlier, said Indonesia Investments. Weak cement sales in the second month of 2017 are blamed on adverse weather conditions (a high amount of rainfall caused floods in several parts of Indonesia) and on the fact that direct investment in infrastructure and property outside Java remains bleak. Widodo Santoso, chairman of the Indonesia Cement Association (ASI), said Indonesia... |
Puerto Rico: cement sales dip 2.3% in February13 March 2017, Published under Cement NewsPuerto Rican cement sales in February slipped 2.3 per cent in February following a 0.2 per cent rise the previous month. Cement sales in Puerto Rica have been declining since 2013 and last year, they contracted by 12.3 per cent YoY. In 2015 the domestic market contracted by 8.5 per cent after a 9.8 per cent fall in sales in 2014. The decrease in cement sales has been attributed to the decline in the housing construction sector as well as the failure of the government to invest in infr... |
Tanzania: state offers Dangote land to mine coal13 March 2017, Published under Cement NewsFollowing last year’s deal by Tanzania’s government to supply natural gas to Dangote Cement in the southeastern town of Mtwara, the state has offered land to the Nigerian company to mine coal for its operations. Tanzania’s Ministry of Energy and Minerals handed a 10km 2 plot of land to the 3Mta cement factory set up in 2015. According to local sources, the move was sanctioned by President John Magufuli to allow the company get a reliable supply of coal to fuel its activities. Tanzania ha... |