Cement News tagged under: international
UK construction shrinks 10 per cent YoY13 August 2012, Published under Cement NewsUK construction output figures for 2Q12, published by the Office of National Statistics (ONS) on Friday, confirm that nearly every sector of construction activity, from private to public and from housing to infrastructure, has shrunk considerably over the last year and that overall, construction activity across Great Britain has contracted by 9.5 per cent in a year. The figures reinforce a number of recent construction indicators but there is growing concern that long term damage is now b... |
Qatar National Cement issues tenders for new plant13 August 2012, Published under Cement NewsQatar National Cement Company has issued a tender for the construction of a new cement plant at its Umm Bab base According to reports in Construction Week, the company said that it has outlined two separate options for the plant, which is 82km outside of Doha: one would be capable of producing 5000tpd of clinker and the second would be capable of producing 7000t. The firm said that a tender for consultants to design the plant is already "on the stage of receiving quotations". |
Gansu Qilianshan hit by declining prices, China10 August 2012, Published under Cement NewsGansu Qilianshan Cement Group Co said that its net profit attributable to shareholders plunged 89 per cent YoY to CNY26.49m (US$4.2m) in the first half of this year due to a sharp fall in selling prices Basic earnings per share for the period were CNY0.06, less than CNY.52 it booked in the corresponding period of last year. According to a statement filed with Shanghai Stock Exchange, the company saw its operation revenue reached CNY1.86bn for the period, reflecting a YoY increase of 10... |
Indian cement prices ease09 August 2012, Published under Cement NewsIndian cement prices have started to ease over the past two weeks, declining by an average of two per cent, according to reports in the Business Standard of India. Markets had been witnessing a continual increases despite the Competition Commission of India’s cartel ruling back in June However, the average nationwide price of cement has fallen from INR310/50kg bag to INR304/bag. Heavy rains and floods in the northeast and states like Bihar and Uttar Pradesh have resulted in prices comi... |
Bolivian first-half sales rise 10.62 per cent09 August 2012, Published under Cement NewsIn the first half of this year, Bolivian sales increased by 10.62 per cent compared to the same period of 2011 and manufacturers expect demand will continue to rise. According to the Bolivian Institute of Cement and Concrete (IBCH), in the first six months of 2012 1,271,069t of domestic cement were sold and 52,382t imported, totaling 1.3Mt. In the same period in 2011, 1,196,312t of domestic and imported were sold, which means an increase of 10.62%. Cement consumptionin the department... |
USA May shipments rise 15.9 per cent09 August 2012, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for May 2012 were 7.5Mt – 15.9 per cent higher than shipments in May 2011. Shipments for the year through May were 29.4Mt, up by about 18 per cent. The leading producing States in May were Texas, Missouri, California, Michigan, and Florida, in descending order, and accounted for 42 per cent of total output. The leading consuming states (Texas, California, Florida, Ohio, and Illinois, in descending order) r... |
Independents struggle under southern excess capacity, India09 August 2012, Published under Cement NewsTwo years of flat growth in south India has pushed independent cement firms to seek buyers, according to a report in the Times of India. After news of Sree Jayajothi Cements looking for buyers, the paper has learnt that the promoter of Bhavya Cements is also scouting for suitors. South India is reeling under excess capacity and cement manufacturers are operating their plants at only 70-75 per cent of the rated capacity. With growth in lower single digits, the promoter of Bhavya Cements, ... |
Pakistan government urged to facilitate exports09 August 2012, Published under Cement NewsThe Islamabad Chamber of Commerce and Industry (ICCI) has said that Non-Tariff Barriers (NTB) are hampering cement exports and has urged the government to explore new markets for the growth of the industry in the country. Speaking to the Nation, ICCI president Yasir Sakhi Butt, said: “The local cement industry needs attention as its growth is considered a major indicator of economic activity," with regard to decreasing exports. He believes that new export destinations should be explored and... |
Tanzanian production costs seen coming down, competition to increase08 August 2012, Published under Cement NewsCement production costs in Tanzania are expected to decline in the near future due to falling energy costs and improved supply. A study entitled “Equity Research Cement Sector Local Listed Companies” by Tanzanian Securities indicates that due to the expected entry of three new players, prices are also seen declining. "We see an improvement in energy supply, introduction of new sources of energy and stabilisation of energy prices in the country as a special opportunity for cement producers"... |
Pakistan July dispatches decline07 August 2012, Published under Cement NewsPakistan dispatches in the first month of the current fiscal saw a decline of 1.64 per cent compared to July 2011, according to data from the All Pakistan Cement Manufacturers Association (APCMA). Domestic dispatches were down by 1.47 per cent in July 2011 to 2.05Mt compared to 2.02Mt in 2011. However, the decline in exports was steeper at 9.23 per cent to 755,010t from 831,785t in July 2011. Exports to Afghanistan dropped by 10.37 per cent to 455,897t while exports to India were down ... |