Cement News tagged under: international
Cementtech 2024 takes place in Wuhan27 June 2024, Published under Cement NewsCementtech 2024 opened its doors yesterday to over 20,000 visitors and 1500 exhibitors from across the globe in its 15,000m 2 exhibition area. Hosted at the picturesque Wuhan International Conference and Exhibition Center, this event unites industry-leading technology and service providers, cement manufacturers and cement sector experts. Two primary themes of the event were the decarbonisation and digitalisation of the cement production process. The first day of Cementtech witnessed solu... |
Vietnam YtdD cement sales disappoint26 June 2024, Published under Cement NewsTotal Vietnam cement sales, including domestic and export, for May amounted to 7.873Mt, down 7.8 per cent MoM from 8.541Mt in April but up 2.6 per cent YoY from 7.678Mt in May 2023, according to the Vietnam National Cement Association (VNCA). Domestic sales in Vietnam fell 6.7 per cent MoM to 5.317Mt in May from 5.699Mt but were up 5.4 per cent YoY compared to the 5.044Mt reported in May 2023. Of the total, VICEM companies reported domestic sales rising five per cent compared to a ye... |
Peruvian cement market contracts 2% in May21 June 2024, Published under Cement NewsDomestic cement dispatches in Peru slipped two per cent YoY in May 2024 to 0.958Mt from 0.977Mt in May 2023, according to the country's cement association, ASOCEM. OF this total, 0.87Mt was supplied by ASOCEM members. Cement production by local cement manufacturers was down four per cent to 0.887Mt in May 2024 when compared with 0.928Mt in the year-ago period. Clinker output fell by 10 per cent to 0.72Mt from 0.803Mt over the same period. External trade Peru's cement producers found l... |
GCCA and UNIDO sign decarbonisation MoU21 June 2024, Published under Cement NewsA ground-breaking agreement has been signed by the UN’s Industrial Development Organisation (UNIDO) and the Global Cement and Concrete Association (GCCA) to work together on decarbonising the cement and concrete industry, with a strong focus on the Global South. The two organisations have agreed a Memorandum of Understanding (MoU), which will see them working together on key sustainability and decarbonisation issues, including: providing recommendations for decision-makers to create ... |
Vietnam cement sales rise in April but disappoint YtD20 June 2024, Published under Cement NewsTotal Vietnam cement sales, including domestic and export, for April amounted to 8.541Mt, a 7.7 per cent MoM and 4.6 per cent YoY increase, up from 7.931Mt in March and 8.164Mt in April 2023. Domestic sales in Vietnam rose 11.5 per cent MoM and 1.4 per cent YoY to 5.699Mt in April 2024. This is up from 5.113Mt in March and 5.622Mt a year earlier, according to the Vietnam National Cement Association (VNCA). Of the total, VICEM companies saw flat sales compared to a year earlier at 1.831Mt... |
Weakness lingering in Spanish cement industry19 June 2024, Published under Cement NewsCement consumption in Spain reported marginal growth of 0.3 per cent YoY in May to 1.364Mt, up from 1.361Mt in May 2023, according to the latest cement statistics. Exports were up 11.4 per cent YoY in May, coming in at 504,696t, almost 52,000t more than in the same month of 2023. January-May 2024 Cement consumption was down 3.4 per cent YoY in the first five months of 2024, amounting to 6.014Mt, down from 6.227Mt in the same period a year earlier.Exports fell by 18.2 per cent YoY in... |
Pakistan’s federal budget offers mixed incentives for the cement industry18 June 2024, Published under Cement NewsOn 12 June Pakistan’s Finance Minister, Muhammad Aurangzeb, presented a budget proposal of PKR18.8776trn (US$67.8bn) for FY24-25. The proposal features a record-high deficit of PKR8.5trn, broadly perceived to align with the International Monetary Fund (IMF) guidelines. The cement industry has not yet released any comments on the budget or its lack of considerable incentives for the cement industry.The industry’s sentiments were impacted when the government proposed increasing the federal... |
Queensland commits US$70bn to infrastructure investment17 June 2024, Published under Cement NewsAustralia’s Queensland government has announced AUD107.3bn (US$70.9bn) in infrastructure investment over the next four years as part of its Big Build programme. Priorities under the programme include decarbonising the state’s energy system, expanding its healthcare capacity, and preparing for the upcoming Brisbane 2032 Olympic and Paralympic Games, according to Felix Project News. Under the record AUD37.4bn Queensland Transport and Roads Investment Programme (QTRIP), key regional transpo... |
Heavy rains and floods impact Brazil's cement demand in May14 June 2024, Published under Cement NewsAdverse weather conditions and flooding in Rio Grande do Sul have impacted Brazil's cement dispatches in May 2024, reports the country's cement association, SNIC. Domestic sales were down 5.3 per cent YoY to 5.269Mt in May 2024 when compared with 5.562Mt in May 2023. Southern Brazil saw a 16.3 per cent YoY drop in sales to 0.816Mt in May 2024 from 0.975Mt, while in the southeast sales were down 6.6 per cent YoY to 2.477Mt from 2.651Mt in May 2023. In addition, in the central-western region... |
Pakistan's cement industry witnesses significant challenges in FY23-2414 June 2024, Published under Cement NewsThe cement industry in Pakistan grappled with a series of significant challenges in FY23-24, as reported by the Central Bank. The financial year is yet to complete hence the data represents 10FY23-24. The State Bank of Pakistan (SBP) unveiled the country’s economic survey 2023-24 on 11 June, shedding light on the state of its cement industry. The report revealed that the industry has been compelled by many challenges. The government’s fiscal limitations and restricted foreign aid have hamp... |