Cement News tagged under: international
Provisional dispatches data show a mixed trend in June 202326 June 2023, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) is yet to release overseas and local cement dispatch data. Local cement sales are expected to grow by two per cent MoM in June 2023, but down 16 per cent YoY in the FY22-23 (July 2022-June 2023), according to a local research house. Topline Securities said Pakistan’s total cement sales in June 2023 are expected to increase by two per cent MoM, reaching 4Mt. Similarly, local dispatches are also anticipated to rise by two per cent... |
Argos strike in French Guiana ends26 June 2023, Published under Cement NewsThe three-week strike at Argos Guyane in French Guiana has ended. On 24 June and following several days of talks, an end-of-strike was signed between the parties and the company’s activities will resume on 26 June. The strike centred around three claims: a request for financial expertise, the arrival of the new CEO and the departure of the managers in place. While the first two claims were fully met, in terms of the departure of the current managers a different solution was found. From now... |
Peru’s cement market contracts 12% in May23 June 2023, Published under Cement NewsPeruvian cement consumption declined by 12 per cent YoY to 0.971Mt in May 2023, according to the country’s cement association, ASOCEM. Production by domestic cement producers fell 14 per cent YoY to 0.928Mt while clinker production was down seven per cent to 0.803Mt. Cement exports declined by 22 per cent YoY to 14,000t in May 2023. from 18,000t in May 2022 while clinker exports increased two per cent YoY to 36,000t from 35,000t over the period. In May 2023, cement imports reached 44,00... |
Iranian cement demand advances 14% in May23 June 2023, Published under Cement NewsIran’s cement market has expanded by 13.9 per cent to 5.82Mt in May 2023 when compared with May 2022, when 5.11Mt of cement was sold, according to the Iranian Cement Association. Cement and clinker production increased YoY by 18.4 per cent to 6.37Mt and 5.6 per cent to 7.3Mt in May 2023, respectively. Iran’s cement producers exported 0.4Mt of cement in May 2023, up 33.6 per cent YoY, and 0.81Mt of clinker, up 45.7 per cent YoY. |
Indian cement prices forecast to fall 1-3%21 June 2023, Published under Cement NewsCement prices in India are expected to fall by 1-3 per cent in the current fiscal year (April 2023-March 2024), after recording a four per cent compound annual growth rate (CAGR) over the past four fiscal years to a new all-time high of INR391 (US$4.77)/50kg bag, according to CRISIL Market Intelligence and Analytics. The increase in prices was due to disruptions caused by COVID-19, followed by a sharp surge in input costs, especially thermal coal, further aggravated by the Russia-Ukraine wa... |
US government invests US$135m in 40 carbon reduction projects20 June 2023, Published under Cement NewsThe US Department of Energy (DOE) has announced $135m in funding for 40 projects that will reduce carbon pollution from the industrial sector and move the nation toward a net-zero emissions economy by 2050. Decarbonising the US industrial sector is seen as an essential component of President Biden’s ambitious clean energy goals. "America’s industrial sector serves as the engine of the US economy, producing many of the products we rely on every day, but also produces a significant amoun... |
Sri Lanka raises import tax on cement20 June 2023, Published under Cement NewsThe Sri Lankan government has increased the import tax (CESS) on imported cement. With effect from 17 June 2023, the import tax on 1kg of artificially coloured or uncoloured cement has risen from LKR3.00 to LKR5.00 (US$0.01-0.02). The import tax on 1kg of Portland cement in bags of 50kg or less has increased to LKR8.00. Meanwhile, the import tax on other Portland cement in bags over 50kg has advanced from LKR3.00 to LKR5.00, according to Colombo Page. |
Senegal's cement consumption fell 22% in April20 June 2023, Published under Cement NewsThe Senegalese cement market contracted 22.1 per cent MoM and 10.6 per cent YoY to 525,100t in April 2023, according to the country’s Department for Economic Planning and Policies (DPEE). While exports were down 17.6 per cent MoM in April 2023, when compared with April 2022 they surged 148.8 per cent to 159,200t. Output from domestic cement plants retreated 18.4 per cent MoM but increased by four per cent YoY to 693,500t in April 2023. |
World's largest 3D printed building completed20 June 2023, Published under Cement NewsThe world’s largest 3D printed building has been completed in Florida, USA. The project is a luxury equestrian facility that has been completed by Florida-based Printed Farms using COBOD’s BOD2 construction 3D printer. Located in Wellington, southern Florida, the new building has a total floor area of 939m 2 , is 4m high, 47m long and 25m wide. According to COBOD, it has been designed to withstand the extreme weather challenges of the region, including hurricanes and tropical storms, with... |
Puerto Rico’s cement sales down 9% in May16 June 2023, Published under Cement NewsCement sales in Puerto Rico declined 8.5 per cent YoY to 1.2m bags of 94lb, or 51,165t, in April 2023, according to the country’s Institute of Statistics. However, in May 2023 the market expanded by 5.7 per cent YoY to 1.4m bags, or 59,693t. In the year-to-date, approximately 6.4m bags of cement have been sold in Puerto Rico. This represents a volume of 272,881t, up 0.6 per cent YoY when compared with the January-May 2022 period. Output from domestic cement plants was down 10.1 per cent Y... |