Cement News tagged under: international
Vicem sets 2016 export target12 January 2016, Published under Cement NewsVietnam's largest cement producer, Vicem, has set an export target of 3Mt in 2016, comprising 1Mt of cement and 2Mt of clinker. In 2015 Vicem exported 2.1Mt, including 860,000t of cement and 1.245Mt of clinker. In the first 11 months of last year the state-owned corporation sold 20.06Mt of cement and clinker, up 2.9 per cent from a year earlier. |
Argentina’s demand rises 3.6% YoY in December11 January 2016, Published under Cement NewsIn December 2015 Argentina’s cement producers dispatched 937,907t of cement, including exports, which represents a fall of 5.9 per cent MoM but a 3.6 per cent increase YoY, according to provisional figures published by AFCP, the country’s cement association. The Argentinian cement market contracted 6.3 per cent MoM but expanded 4.6 per cent YoY in the last month of 2015 as 933,160t were sold. Exports fell from 13,156t in December 2014 to 4803t one year later. In November 2015 overseas... |
Pakistan records increased domestic dispatches in first six months11 January 2016, Published under Cement NewsPakistan cement industry saw noticeable growth during the first six months of the current fiscal on the back of higher domestic demand. The data released by the All Pakistan Cement Manufacturers Association (APCMA) revealed that dispatches during July-December 2015 (ie, 6MFY15-16) increased by 6.38 per cent to 18.21Mt compared with dispatches of 17.12Mt during the corresponding period of FY14-15. “It is to be noted that this growth is mainly led by domestic consumption which increased by a... |
Paraguay: demand up 8%, prices to fall 15%08 January 2016, Published under Cement NewsIn 2015 Paraguayan cement producer Industria Nacional del Cemento (INC) sold 12.4m bags of cement, an increase of eight per cent YoY, according to Jorge Méndez, CEO of INC. Mr Méndez also said that the previously-loss-making company had racked up 28 consecutive months of profits and saw its profit reach around PYG42bn during this time. Since March the company has been able to reduce the cost of cement and a further US$22m in savings are expected as a new fuel system is expected to drop cos... |
Domestic deliveries drive Vicem's 11-month sales rise08 January 2016, Published under Cement NewsVietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, sold 20.06Mt of cement and clinker in the first 11 months of 2015, up 2.9 per cent from a year earlier. Of the volume, 16.99Mt of cement and clinker were sold in the domestic market, up 10.6 per cent YoY, and 3.07Mt were exported, down 39.6 per cent. In November the corporation sold 1.91Mt of cement and clinker, up 13.6 per cent YoY, of which 1.63Mt were made up of local sales (+19.4 per cent YoY), while ex... |
Suez Cement plans to complete coal conversion project by end-2016, Egypt08 January 2016, Published under Cement NewsSuez Cement, part of the Italcementi group, plans to complete its preparations for coal usage at its plants by late 2016, local press reported, citing chairman Omar Mehanna Wednesday. The conversion process involves an investment of around US$110m. Mr Mehanna further told Amwal Al Ghad business magazine that Suez Cement had completed the conversion for coal usage at two plants out of five during 2015. The company aims to use coal as an alternative energy source for the production of cemen... |
Indonesia 2016 sales forecast to accelerate07 January 2016, Published under Cement NewsThe Indonesia Cement Association expects cement sales to rise by almost five per cent this year to 64.5Mt from an estimated 61.5Mt in 2015, driven by a push for government-led infrastructure development across the country. In 1H15 the Indonesian government failed to spend a significant portion of the allocated budgets due to budgetary and organisational reforms. After the disappointing start, an increasing number of government-led infrastructure projects took off in the second half of the ... |
Hope updates on UK development plans07 January 2016, Published under Cement NewsOn the anniversary of its third year in business, Hope Construction Materials has announced advanced plans to open new depots – and extend existing sites – in the southeast of England. Use of the railway network features heavily in Hope’s plans, with four of the five sites able to receive raw materials (aggregates and cement) by rail. This follows the success of Hope’s new rail-linked cement, aggregates and concrete depot at Walsall in 2015. Details of the la... |
Moroccan market recovers in late 201507 January 2016, Published under Cement NewsFollowing a 21 per cent fall in September 2015, cement sales in Morocco rebounded in October and November as dispatches increased by 19.5 and 15.6 per cent, respectively, according to the Moroccan cement producers’ association, APC. Estimates for the full-year indicate a slight market expansion between 1-1.5 per cent in a year that was marked by demand instability. The modest growth is attributed in part to the malaise in the real estate sector. In addition, holidays such as Aïd Al Fitr an... |
India: JAL to divest stake in cement unit to Shree?07 January 2016, Published under Cement NewsJaiprakash Associates (JAL) has reportedly signed an agreement with Shree Cement to divest its stake in the 2.1Mta Bhilai Jaypee Cement (BJCL) as part of debt reduction efforts, the Times of India reports. A senior banker said JAL has agreed to divest its 74 per cent stake in the joint venture with SAIL as financial pressure has increased. Neither parties have commented on or confirmed the speculation, with JAL terming the speculation as a “market rumour.” In 2014 JAL had signed an M... |