Cement News tagged under: international
PCA forecast sees continued growth24 November 2015, Published under Cement NewsDuring the PCA Board of Directors meeting last week, PCA Chief Economist and Group Vice President, Ed Sullivan, reported that 2015 cement consumption in the United States will continue to grow, but at a slower pace than predicted at the beginning of the year. The US cement market is expected to increase by 3.5 per cent in 2015, followed by larger rates of growth in 2016 and 2017, of five percent and 5.7 per cent, respectively. The PCA said in a statement that the slowdown in cement inten... |
China Resources Cement new line commences operations24 November 2015, Published under Cement NewsOn 15 November 2015, China Resources Cement (Lianjiang) Ltd, a wholly-owned subsidiary of the China Resources Cement, commenced operation of its first cement grinding line with a production capacity of 1Mta in Lianjiang City, Guangdong province. The new production line will strengthen the company’s competitive edge in the south-western part of Guangdong, China Resources Cement said in a statement. |
Tank-Weld & Carib Cement announce distribution deal, Jamaica24 November 2015, Published under Cement NewsCaribbean Cement Company Ltd and Tank-Weld Metals have come to an agreement for Tank-Weld Metals to distribute locally-produced Carib Cement to the Jamaican market. In a joint media release the companies said that while the agreement is aimed at maximising the resources of both companies, it will also "enhance efficiencies, create local jobs, and be beneficial to customers, the travelling public, and the environment." To enhance efficiencies in a logistics-driven economy, both companies ha... |
Cyprus: Vassiliko sees increase in exports24 November 2015, Published under Cement NewsVassiliko Cement Works Public Co (VCWP), a subsidiary of Cyprus Cement Public Company (CCPC), has seen a recent increase in its exports to neighbouring countries and a reduction in its cost of production. However, the group realised a slight reduction in its profits compared to last year’s respective period. CCPC presented its interim management statement for the 1 July-20 November period. In its statement the company reaffirms that, as with any other company operating in Cyprus, the future... |
Pakistan challenges SA anti-dumping duty decision20 November 2015, Published under Cement NewsPakistan's Ministry of Commerce has initiated World Trade Organisation (WTO) dispute settlement proceedings to challenge South African decision to impose preliminary anti-dumping duty on the import of Pakistani cement. Earlier this year, South Africa authorities (ITAC) imposed duties on various Pakistani cement exporters ranging from 15-68 per cent. The South African government considered that these imports were causing injury to the local cement industry. The basis of Pakistan's argu... |
Saudi 10-month demand update18 November 2015, Published under Cement NewsSaudi Arabia consumed 50.2Mt of cement in the first 10 months of 2015, up by eight per cent, reflecting increased construction activity in the kingdom, according analysts Aljazira Capital. Cement dispatches for October 2015 reached 5.13Mt from 4.06Mt in October 2014, signalling a rise of 18.2 per cent MoM and 26.2 per cent YoY. The research house forecasst that cement demand will maintain a modest growth in the short term due to the recovery of the local market after last year’s shortage of... |
Spanish consumption sees October drop18 November 2015, Published under Cement NewsCement demand in Spain fell by 2.4 per cent in October 2015 to 1.025Mtt, or 23,716 below the October 2014 level. In the first 10 months of 2015, domestic cement consumption increased 4.3 per cent YoY to 9.56Mt. "The latest data is a significant setback for our industry, which has seen the growth rate of 8.6 per cent noted in the first half year halve in just four months, " said the CEO of Oficemen, Aniceto Zaragoza. |
Costa Rica approves cement quality standards18 November 2015, Published under Cement NewsThe Technical Standards Institute of Costa Rica (Inteco) has approved the INTE 06-11-15-15:2015 Hydraulic Cement – Requirements and Specifications standard to help guarantee cement quality in the Central American country. The standards identify six classes of cement, each with subclasses, depending on their composition. Each specification lays out the compressive strength and other requirements which be must be met. While the implementation of the standards is voluntary, Inteco expects a wi... |
Peru: market shows signs of monthly pick-up17 November 2015, Published under Cement NewsThe Peruvian cement market continues to show signs of recovery as market contraction is decelerating in October, according to Asocem, Peru’s cement producers’ association. Domestic sales fell 0.5 per cent YoY to 923,000t from 928,000t in October 2015 while the decrease in October 2014 was one per cent. Exports fell from 30,000t to 26,000t. On the supply side, output from the country's cement plants rose 1.7 per cent from 946,000t to 962,000t when compared to October 2014. “The cement ... |
US September shipments - preliminary data17 November 2015, Published under Cement NewsPortland and blended cement shipments in the US and Puerto Rico during September 2015 totalled 9.011Mt, according to preliminary data from the US Geological Survey. Of the total, domestic dispatches accounted for 8.027Mt and imports were 984,080t. Over the first nine months of 2015, shipments totalled 68.183Mt, comprising 61.25Mt of domestic shipments and 6.933Mt of imports. Clinker production was 6.67Mt in September and 55.94Mt over the nine-month period, according to the preliminary fi... |