Cement News tagged under: international
Tajikistan: cement production rises 40% in 11M201605 January 2017, Published under Cement NewsProduction of cement in Tajikistan rose by over 41 per cent in the first 11 months of 2016 compared to the same period in the previous year, the Times of Central Asia reports. In total, the country produced more than 1.8Mt of cement in the 11 months to November 2016. Tajikistan currently has 12 cement plants with a combined capacity of 4Mta, the newest of which – operated by Jung-Tsai Mohir Cement – has a capacity of 1.2Mta. Exports from Tajikistan amounted to 256,000t in the first ... |
Argentina sees cement demand fall 11% in 201605 January 2017, Published under Cement NewsArgentina’s cement consumption edged up 0.7 per cent YoY to 940,081t in December 2016, but fell 7.2 per cent MoM, according to provisional figures released by the country’s cement association, AFCP. The country’s producers supplied 946,480t of cement in December 2016, some seven per cent less than in November, but 0.9 per cent extra to the volume supplied in December 2015. While most of this output was delivered to the domestic market, there was a significant YoY increase in shipments... |
Nigeria: Cross River to set up cement plant and quarry05 January 2017, Published under Cement NewsThe Cross River State Government has secured operational licenses from the Federal Government to establish its own cement plant and limestone quarry in Akamkpa. George O’Ben-Etchi, Commissioner for Solid Minerals Development: "According to the governor’s plan, the two projects amongst other things, will feed the construction of Super Highway Project." The Commissioner warned that the ministry would no longer tolerate illegal deals by quarry companies. "We are saddled with finding out th... |
Senegal notes 10% increase in cement output in 10M1605 January 2017, Published under Cement NewsCement production in Senegal in the first 10 months of 2016 increased 10.2 per cent YoY, according to the government’s Planning and Economic Research Unit. Output at Sococim and Ciments du Sahel, which represent two out of three domestic producers, rose from 4,678,900t in 10M15 to 5,154,600t. The advance was mainly driven by a significant increase in exports, which were up 25.2 per cent from 1,902,800t in 10M15 to 2,382,300t one year later. Domestic sales edged up by 0.5 per cent YoY from... |
Pakistani cement demand set to rise 47% in next five years05 January 2017, Published under Cement NewsDomestic cement consumption in Pakistan is predicted to rise at an average annual rate of eight per cent over the next five years, an increase of nearly 47 per cent in total. Analysts point to the development of the China-Pakistan Economic Corridor (CPEC), higher government spending in the pre-election period and an increase in private sector construction activity as the main drivers of this growth. In FY2016, overall cement dispatches rose 10 per cent YoY to 38.8Mt, with local sales r... |
Kenya: cement consumption falls 5.3% in 3Q1604 January 2017, Published under Cement NewsThe growth in cement consumption fell by 5.3 per cent in the third quarter of 2016 compared to 3Q15, according to a report from the Kenya National Bureau of Statistics (KNBS). The KNBS data shows that the domestic market consumed 1.52Mt of cement in the three months to September 2016, compared to 1.45Mt in the same period in 3Q15 and 1.3Mt in 3Q14. The decline in cement demand was in line with a general slowdown in the construction sector. Lower demand from major infrastructure p... |
India: higher petcoke prices will hit cement companies04 January 2017, Published under Cement NewsA near 75 per cent jump in the prices of petcoke, plus a similar rise in diesel costs combined with the policy of demonetisation, is likely to squeeze the margins of cement sector companies in the current financial year, says research firm Indian Ratings. Petcoke has shown an upward movement in prices to around US$60-70/t from US$40/t at the beginning of the financial year. “The rise in petcoke prices coupled with increase in diesel prices is likely to increase power, fuel and freight c... |
Saudi Arabia: Yamama Cement secures US$266m for new plant03 January 2017, Published under Cement NewsSaudi Arabia's Yamama Cement Company has secured SAR1bn (US$266.6m) to partially fund the building of a new plant, it said on Monday. The three-year financing includes SAR750m from National Commercial Bank and SAR250m from Samba Financial Group, the company said in its statement. The company signed a SAR4.2bn contract with thyssenKrupp Industrial Solutions in November 2015 to build the works, it said at the time. It will be located 100km outside the Saudi capital of Riyadh and boast a ... |
Pakistan: Bestway Cement joins bidding for Dewan Cement assets03 January 2017, Published under Cement NewsBestway Cement Ltd has informed Pakistan Stock Exchange (PSX) on 30 Dec that it is considering acquiring the northern plant and related assets of Dewan Cement Ltd in Pakistan. Previously, three local cement companies and a Chinese company have expressed their intention to acquire stakes in Dewan Cement. “The final outcome will be dependent upon due diligence and any eventual bidding, if made, for purchase of Dewan’s assets,” said Sehar Hussain, Bestway cement's company secretary. The i... |
Iran: gas outages halt production03 January 2017, Published under Cement NewsOperations at cement plants in Iran have been disrupted by continuous gas outages every winter, according the the head of the Cement Employers Association (CEA), Mohammed Atabak. “The gas supply of cement plants is cut to meet household demand, causing a great deal of problems for cement producers,” said Mr Atabak. Two years ago cement industry officials cut a deal with the government to suspend production in the first two months of winter (December-January) to boost gas supplies. In retu... |