Cement News tagged under: international
Iran 11-month export update04 March 2015, Published under Cement NewsIran exported 17.5Mt of cement and clinker in the first 11 months of the current Iranian fiscal year (21 March 2014-19 February 2015), according to the industry's association. Secretary of Iran's Cement Industry Employers Association, Abdolreza Sheikhan said that 61Mt of cement and 64Mt of clinker were produced in the mentioned period, Iran’s ILNA news agency reported earlier this week. Iran currently exports cement to 24 countries including Iraq, Azerbaijan, Turkmenistan, Afghanistan... |
Tunisia: Bizerte cuts cement price04 March 2015, Published under Cement NewsCiment de Bizerte is lowering its whole-sale cement price from MAD149.9/t to MAD147.9/t for bagged cement while bulk cement will cost MAD127.4/t to MAD130.4/t. Earlier Carthage Cement had announced a drop in its prices. Ciment de Bizerte forecasts a production of 1Mt in 2015 as the producer noted it was running at full capacity since the start of the year after the renovation of one of its kilns to increase capacity to 1.2Mta. |
Vietnam monthly sales remain flat04 March 2015, Published under Cement NewsVietnam’s cement sales remained flat at 5.87Mt in January compared to the month before, the Ministry of Construction said on its website Tuesday. Of the sum, 4.37Mt were sold in the domestic market, while 1.5Mt were exported. The ministry predicted Vietnam's sales of cement and clinker to rise 1.5-4 per cent YoY to between 72-74Mt in 2015, of which domestic sales will rise 4.5-6.5 per cent to 53-54Mt and the exports will be at between 19-20Mt. Last year, Vietnam’s total cement and clinker ... |
Cimpor sales rise 6% in 201403 March 2015, Published under Cement NewsCimpor’s turnover eased by 0.8 per cent in 2014 to EUR2603.7m while the EBITDA declined by 6.7 per cent to EUR645.6m. The trading profit emerged 7.9 per cent lower at EUR448.8 and the net financial charge declined by 8.8 per cent to EUR371.4m, giving a pre-tax profit 3.5 per cent lower at EUR77.3m and at the net attributable level there was a swing from a loss of EUR19.4m to a profit of EUR27.2m. Net debt at the end of 2014 stood at EUR3561m, an increase of 3.7 per cent, while shareholders’... |
Pakistan sales seen rising 8% in FY15 on higher domestic demand03 March 2015, Published under Cement NewsPakistan cement sales are expected to rise by six per cent in the first eight months of the current fiscal, The Express Tribune reported citing provisional data compiled by Topline Securities. However, monthly cement sales are expected to decline three per cent in February to 2.8Mt compared to the month before due to the fewer number of days. However, on an annual basis the figure would translate to 2.6 per growth. Cement exports to Afghanistan, Pakistan’s largest export market, have rema... |
Shree commissions cement mill at Chhattisgarh, India03 March 2015, Published under Cement NewsShree Cement has commissioned a 2.6Mta cement mill at Baloda Bazar near Raipur in Chhattisgarh, India, on 24 February 2015, the company informed the Bombay Stock Exchange. Shree Cement’s eight cement plants in Rajasthan and one grinding unit in Uttrakhand have an aggregate capacity of 13.5Mta. |
Northern Cement Jordan to install new line02 March 2015, Published under Cement NewsSaudi Arabia's Northern Cement Co said Thursday that Jordan-based Northern Cement-Jordan, in which it holds 99.35 per cent, has decided to install an additional clinker production line. In preparation for the expansion project, the company will carry out feasibility and environmental studies, the Saudi firm said, without disclosing any financial details. Northern Cement Co booked a net profit of SAR234.3m (USD$62.5m) in 2014, almost unchanged from SAR234.6m a year ago. |
Russian demand expected to fall 15% YoY02 March 2015, Published under Cement NewsRussian cement demand is expected to decline by 15 per cent this year on the back of a reduction in housing and infrastructure development, according to forecasts by CMPRO. A recent note by the research house states that sales have dropped by at least five per cent since the start of 2015. The slow decline may continue for several years, it added. Lafarge expects that the strongest drop, by some 8-12 per cent, will be seen in central regions of Russia. Siberian Cement has predicted that ... |
Indonesian demand forecasts27 February 2015, Published under Cement NewsIndonesian cement market growth could reach 10 per cent this year driven largely by government infrastructure projects, according to forecasts by the country’s Ministry of Industry. Toeti Rahajoe, the ministry's director of downstream chemical industry, yesterday said that growth will also be driven by project development of the private sector. However, Widodo Santoso, chairman of the Indonesian Cement Association, puts market growth at seven per cent this year – provided the government re... |
Bolivia increases cement supply26 February 2015, Published under Cement NewsAs the Bolivian cement market surged 24 per cent YoY in 2H14, the domestic cement industry was able to increase output by 15 per cent. However, much has changed as the sector invested in new plants and pushed up production to improve the supply-demand balance. Corporación Boliviana del Cemento (Coboce) now produces around 70,000 bags per day to supply its markets of Santa Cruz, Cochabamba, La Paz and Beni. This follows an investment of US$100m in a new plant at Cochabamba. "The new fa... |