Cement News tagged under: international
Spanish cement consumption declined 1% in May17 June 2022, Published under Cement NewsSpanish cement consumption slipped in May by 0.9 per cent, to 1,325,372t, which represents a loss of 12,406t compared to the same month last year, according to the country's cement association, Oficemen. This decline in consumption has led to a loss of 1.1 points in the accumulated growth of the first five months of the year, which now stands at 3.7 per cent, with 6,124,957t. This is 219,145t more than in the same period of 2021. In absolute values, in the last 12 months 15,169,40... |
Carbon8 secures GBP5m investment to accelerate CCUS deployment16 June 2022, Published under Cement NewsAt Vivatech (Paris), Carbon8, the UK clean technology company specialising in carbon capture, utilisation and storage (CCUS), announce the closure of a GBP5m funding round. Vicat , the international cement group, EDF Group and its corporate venture capital arm, EDF Pulse Ventures, have co-invested GBP4m in Carbon8. John Pilkington, CEO of Carbon8, said: “Vicat Group and EDF Group share Carbon8’s vision of pioneering cleantech solutions for heavy industry and helping industry achieve their ... |
Ghana sees cement price rise16 June 2022, Published under Cement NewsThe price of a 50kg bag of cement in Ghana is to increase by more than GHS5 to reach GHS66 (US$8.30) from 15 June 2022. According to JoyBusiness, the country’s cement producers are hoping this will offset some of the costs of transporting the cement to other parts of Ghana. This comes on the back of a rise in production costs due not only to the increase in fuel prices affecting transportation costs, but also a recent depreciation of the Ghanaian Cedi. These challenges have been further c... |
Korean trucker strike halts cement production15 June 2022, Published under Cement NewsA strike by truckers in South Korea is causing chaos for the country’s cement plants, according to the Korea JoongAng Daily. The strike by members of Cargo Truckers Solidarity, which began on 7 June, has reduced cement shipments to just 13 per cent of their normal levels. Around half of South Korea’s 2700 bulk cement trucks are driven by union members, leaving plants in danger of closure as inventories build up. Two of the country’s cement plants have already ceased operations due to lack of... |
Puerto Rican cement market expands 5% in May14 June 2022, Published under Cement NewsPuerto Rican cement sales in May 2022 declined 4.9 per cent YoY to 1.32m bags of 42.6kg, or 56,282t, according to the Puerto Rican Institute of Statistics. While the drop represents the sixth consecutive fall, sales are 8.8 per cent higher than in May 2019, before the COVID-19 pandemic. Cement production expanded 40.9 per cent in May 2022 to 32,831t, when compared with May 2021. This represents the second consecutive month of growth. In the past three years, output from the country’s cemen... |
Fouta Cement prepares to launch new grinding mill in Liberia14 June 2022, Published under Cement NewsFouta Cement Corp, the subsidiary of Fouta Corp, a trading company based in Liberia, is establishing a 0.396Mta grinding plant in Monrovia. The project is financed partially via an IFC loan totalling US$21.6m. The facility is being constructed on a 10.5 acre site in Monrovia Industrial Park, under a 20-year lease from the National Ports Authority. The grinding plant will be equipped with a 50tph mill and will receive clinker by trucks loaded from vessels at a designated berth in the Por... |
USA/Puerto Rico cement market expands 3% in March13 June 2022, Published under Cement NewsPortland and blended cement deliveries in the USA and Puerto Rico saw a 3.3 per cent YoY uptick in March 2022, according to the US Geological Survey (USGS). A total of 45 per cent of deliveries were received by the five top consuming states – Texas, California, Florida, Arizona and Georgia. The leading producing states for Portland and blended cement were Texas, California, Missouri, Florida and Alabama. Masonry cement shipments totalled 228,000t in March 2022, representing a 2.7 per cent Y... |
North Korean cement production boost13 June 2022, Published under Cement NewsCement producers across North Korea have supplied more cement to major construction sites even under the maximum emergency anti-epidemic system. Officials and workers of the Sangwon Cement complex increased the output of clinker by introducing new operation methods of production. The Sunchon Cement plant has recorded high daily production results. Meanwhile, the Chonnae-ri Cement factory is achieving normal operation of its production equipment. |
Colombia sees 4% increase in cement sales in April10 June 2022, Published under Cement NewsColombian cement dispatches saw a 3.7 per cent YoY uptick to 1.089Mt in April 2022 from 1.051Mt in April 2021, according to the country’s statistics office, DANE. Of this total bulk sales increased by 12.2 per cent, reflecting the growth in the ready-mix concrete sector, which expanded its offtake by 15.6 per cent YoY. However, construction companies and contractors reduced their purchases by 4.7 per cent while at retail level, sales were down by 1.2 per cent YoY. Output from domestic ce... |
Pakistan producers await budget FY2310 June 2022, Published under Cement NewsPakistan’s cement producers will be paying close attention to the government’s federal budget for FY23, which is due to be announced today. The industry hopes it will include a number of measures to help boost growth over the next couple of years. Although there has been a revival in construction activity following the easing of lockdowns, cement demand remains sluggish due to inflation and high commodity prices. In May FY22 the industry declined by 15.9 per cent YoY with total cement di... |