Cement News tagged under: international
Egypt prices stable on surplus supply28 April 2015, Published under Cement NewsProducers in Egypt have decided to keep cement prices stable for the fifth-consecutive month, Minister of Supply, Khaled Hanafy, announced on Sunday. The price stability is due to surplus supply, Daily News Egypt quoted Medhat Staphanos, head of cement companies at the Federation of Egyptian Industries (FDI) as saying. Output has increased following the introduction of coal, which has helped alleviate the uncertainty of fuel sources. However, producers are still waiting an uptick in demand.... |
Ecuador first-quarter sales at 1.4Mt27 April 2015, Published under Cement NewsEcuador cement sales in the first three months of 2015 reached 1.427Mt, latest data from local association Instituto Ecuatoriano del Cemento y del Hormigon shows. In March alone, sales were 504,682t, up 15.67 per cent compared to the February 2015 figure of 436,287t. |
Lucky Cement posts double-digit rise in 9M net profit, Pakistan24 April 2015, Published under Cement NewsLucky Cement recorded net profit for the nine months ending 31 March 2015 of PKR9.30bn (US$91.5m), up 13.7 per cent YoY. The company's gross profit increased by 7.2 per cent during the nine months as its net sales revenue improved by 5.38 per cent to PKR33.15bn against PKR31.45bn for the corresponding period of last year. The increase in net sales revenue was attributed to a 4.03 per cent increase in volume and 1.35 per cent increase in net retention prices. Sales volumes increase... |
Construction output down by 1.8% in euro area24 April 2015, Published under Cement NewsSeasonally-adjusted production in the construction sector fell in February 2015 fell by 1.8 per cent in the euro area (EA19) and by 1.2 per cent in the EU28 compared with January 2015, according to first estimates from Eurostat, the statistical office of the European Union. In January 2015, production in construction grew by 1.6 and 0.6 per cent, respectively. On an annual comparative basis, production in construction fell by 3.7 per cent in the euro area and by 2.4 per cent in the EU28 in... |
Pakistan export volumes and revenues down over first nine months23 April 2015, Published under Cement NewsPakistan cement exports in the first nine months of the current fiscal fell 6.75 per cent YoY to 6Mt. Export revenues, meanwhile, were down by 6.86 per cent to US$349.04m over the July 2014-March 2015 period. In terms of the Pakistan rupee, exports fell by 9.54 per cent to PKR35.31bn and the average price was down to US$58.08m versus US$58.15m in the year-ago period. In March 2015 alone, Pakistan exported 439,017t of cement on revenues of US$24.99m, representing a MoM decline of 16.38 ... |
Canada cement industry applauds impact of Federal budget23 April 2015, Published under Cement NewsThe Cement Association of Canada (CAC) has applauded the release of Budget 2015. Released on 21 April 2015 by the Minister of Finance, the Budget indicates that several billion dollars have successfully been invested in critical infrastructure projects across Canada. The CAC took the opportunity to highlight the critical importance of infrastructure investments in boosting the competitiveness and growth of the private sector, both of which it says are critical to the continued economic re... |
TPCC to have own gas plant, Tanzania23 April 2015, Published under Cement NewsTanzania Portland Cement Company Limited (TPCC) plans to have gas plant are expected to be realised this year to reduce operational costs and overcome issues with erratic power supply. The TPCC Managing Director, Mr Alphonso Rodriguez, told local press during the 23rd Annual General Meeting (AGM) that arrangements were underway with a third party to build a gas plant at TPCC. Once completed, he said the company will be assured of reliable supply of power to meet its operational demands. TP... |
AFCM 2015 opens in Hanoi, Vietnam22 April 2015, Published under Cement NewsThe AFCM 24th Technical Symposium has officially opened at the JW Marriott Hotel, Hanoi, Vietnam, before an audience of 400 international cement delegates, including manufacturers and all major suppliers to the industry. Dr Nguyen Quang Cung, president of the AFCM opens the 24th Technical Symposium in Vietnam Proceedings were launched this morning with an official opening ceremony and a welcome address by Dr Nguyen Quang Cung, president of the AFCM. Under the theme of “Upg... |
Ethiopia: government drafts development strategy22 April 2015, Published under Cement NewsEthiopia’s Ministry of Industry is drafting a national cement industry development strategy that will enable it to overcome challenges and assist fast growth of the industry. State minister of Industry, Mebrahtu Meles (PhD), told The Reporter that his ministry in collaboration with the Adama Science and Technology University started drafting the national cement industry development strategy last July. Mebrahtu said the cement industry is facing several challenges including high productio... |
Clinker, cement account for 42% of Vietnam's 1Q exports to Bangladesh22 April 2015, Published under Cement NewsClinker and cement remained Vietnam’s major exports to Bangladesh in the first quarter of this year with export revenue of US$70.1m despite a decline of 33.6 per cent from the same period of last year. The figure accounted for 42 per cent of the country’s total exports to Bangladesh in the period, the Vietnamese Ministry of Industry and Trade said on its website late Tuesday. |