Cement News tagged under: international
Pakistan: cement dispatches grow 10% in fiscal year 2015-1604 July 2016, Published under Cement NewsPakistan's cement industry saw a growth of 9.82 per cent in total dispatches to 38.87Mt during fiscal year 2015-16 (July-June) from 35.34Mt in July 2014 to June 2015. The breakdown shows local and export dispatches stood at 33Mt and 5.87Mt, respectively during this period. The All Pakistan Cement Manufacturers Association (APCMA) remarked this growth positive for industry except the levy of additional tax in budget 2016-17 that increased the cement price by INR35 (US$0.52) per bag. To mov... |
Spain: cement consumption falls01 July 2016, Published under Cement NewsCement consumption in Spain fell by 7.5 per cent in May, reaching 965,465t, 78,535t less than a year ago and the lowest comparable figure since May 1965, according to the latest figures of Oficemen, the Spanish cement association. During the first five months of the year cement consumption declined by 2.7 per cent YoY to 4.478Mt, 122,792t less than in the same period of 2015. According to Aniceto Zaragoza, CEO of Oficemen, the cement sector is being punished "by the absence of measu... |
Bangladesh seeks duty-free export to Nepal01 July 2016, Published under Cement NewsIn an attempt to boost bilateral trade, the Bangladeshi government is discussing the possibility of duty-free export of cement and other commodities with the Nepalese government. In total, Bangladesh has demanded duty-free access of 56 items and commodities to Nepal, including cement, construction materials, plastic goods and certain food items. In return Nepal demanded duty-free import of machine-processed writing paper, according to the Ministry of Commerce. According to official Nep... |
What does the Brexit crisis mean for Europe?01 July 2016, Published under Cement NewsOn 23 June the United Kingdom voted in a referendum to leave the European Union. For most, this was a totally unexpected result and there is no question it will have deep political and economic consequences, not just for the UK but for the whole of Europe. The UK is now navigating uncharted territory, where the country’s integrity is now under threat and its relationship with the EU undefined. Moreover, even the future of the EU itself is now under scrutiny amidst fears of further fragmen... |
Russia: demand set to fall by up to 12% in 201630 June 2016, Published under Cement NewsDemand for cement in Russia may drop 10-12 per cent in 2016, according to a representative of Moscow-based Eurocement Group. "As concerns the cement demand forecast in Russia, we assume that the decline may remain in the same range as in 2015: in the vicinity of 10-12 per cent for 2016," the representative told the Interfax news agency. "Eurocement Group plans to sell about 20Mt of cement in Russia and approximately 3.5Mt on other markets, in Uzbekistan and Ukraine," the representative... |
Pakistani exports record YoY fall but MoM rise30 June 2016, Published under Cement NewsPakistan's cement exports have recorded a marked fall in the first 11 months of FY15-16 as overseas demand has dropped and competition has intensified, according to data of the Pakistan Bureau of Statistics (PBS). The domestic cement industry exported 5.58Mt of cement with a total value of US$301.33 during July 2015-May 2016, compared to 7.184Mt and US$413.38 in the corresponding FY14-15 period and reflecting a fall in volume and value of 22.31 and 27.1 per cent, respectively. The averag... |
India: ICRA forecasts cement demand to rise 6% in FY1730 June 2016, Published under Cement NewsIndian-based ratings agency ICRA has forecast that domestic cement demand will rise by six per cent in the 2016-17 financial year, the Economic Times reports. It’s assessment for FY18 is for even more rapid growth of seven per cent. Senior Vice President Sabyasachi Majumdar said: "Cement demand growth will pick up to six per cent in 2016-17 and further to seven per cent in 2017-18... during the current fiscal, it is likely to be driven by the pick-up in the infrastructure segment - primar... |
UK: Hillhead 201630 June 2016, Published under Cement NewsThe busy three-day Hillhead quarry exhibition (28-30 June) has attracted large numbers of visitors to its newly expanded showground near Derbyshire. The newest plant equipment and services were on offer from 472 exhibitors, including Sandvik, Bell, Volvo and first-time exhibitors Striker Australia. Throughout the show, visitors were given the chance to see many of the newest machines being put through their paces in the ‘live demonstration’ areas. International Cement Review att... |
India: Dalmia in Bengal30 June 2016, Published under Cement NewsDalmia Bharat is planning to further increase its presence in Bengal, India. The company has been present in the region for the last two years through its cement unit near Salboni. The unit was set up through OCL India Ltd, an associate company. Director and CEO of OCL India, Amandeep Gupta, said Dalmia may look for a second plant in the state. The group has already taken on a lease on a grinding unit in Siliguri to cater to north Bengal. Mr Gupta said on the matter, “the market in east a... |
Pakistan: cement bag price rises30 June 2016, Published under Cement NewsFollowing the government’s decision to change the Federal Excise Duty (FED) mechanism from variable five per cent of Marginal Retail Price (MRP) to a fixed rate of PKR1/kg, PKR50/bag (US$0.48/bag), cement prices have increased by approximately PKR35 (US$0.33). |