Cement News tagged under: international
Fall in Spanish demand accelerates17 May 2011, Published under Cement NewsData from Spanish cement association, Oficemen, shows demand in April was 1.8Mt, representing a decrease of 17.5% compared with April 2010 and continues the downward trend in the first months of the year. This is the lowest April data for the last 22 years. On the other hand, clinker production increased by 1.9% in April, but cement output fell by 9.5%, to 2Mt. For the rolling year (the last 12 months) a decline in cement production of 6.6% was registered at 26Mt. Demand dropped almost ... |
PPC reports lower 1H earnings, South Africa17 May 2011, Published under Cement NewsSouth Africa’s Pretoria Portland Cement reported a 38 per cent drop in first-half earnings on Tuesday, hit by continued weakness in the country’s construction industry. PPC said revenues were down five per cent to ZAR3.3bn (US$473m) and selling price increases that were less than the rate of cost inflation. Headline earnings per share fell to 71.3 cents in the six months to end-March, compared with 114.3 cents a year earlier. Paul Stuiver, CEO, said: “These results are a reflection of th... |
Better realisations as prices increase, India16 May 2011, Published under Cement NewsCement majors including ACC, Ambuja Cements and UltraTech Cement have benefited from an increase in cement prices across the region during the Jan-March quarter of FY10-11, reporting a YoY growth in realisation during the period ACC, in which Holcim holds a 50.02% stake, reported a 3% YoYand 1% QoQ growth in realisation as pricing discipline improved during the quarter and cement majors could pass on part of the cost increase. ACC’s realisation during the quarter stood at INR3893/t compared... |
Taiwan’s majors see April sales increase over 15%16 May 2011, Published under Cement NewsThanks to increased domestic demand, Taiwan’s leading cement producers, including Taiwan Cement Corp. and Asia Cement Corp, saw sales increase by over 15% YoY in April. Of them, Taiwan Cement’s consolidated sales in April rose over 50% YoY thanks to its acquisition of Prosperity International Holding in mainland China. By contrast, Chia Hsin Cement was the only producer to register a sharp sales decline in the month. Thanks to a low comparison base, Lucky Cement Corp. and Hsing Ta Cem... |
Ras Al Khaimah White Cement revenues rise, UAE16 May 2011, Published under Cement NewsRas Al Khaimah Company for White Cement & Construction Company saw revenues rise by almost a third in the first quarter against the same period last year, although a rise in a finance costs saw net profits remain the same at US$5.44m (AED 20m). Sales for the three months reached US$28.28 (AED103.9m), up 30.5% from the US$21.67m (AED79.6m) the previous year, with gross profit rising by than 50% to US$8.48 (AED31.16m) from US$6.23 (AED22.9m). |
Paraguay’s INC increases cement dispatches up 24%16 May 2011, Published under Cement NewsIndustria Nacional de Cemento (INC), Paraguay’s sole cement producer, registered a 24% increase in May dispatches to-date (2-12 May). The state-owned cement company delivered on average 41,541 bags per day. Last month, the average daily delivery in its markets – Villeta, Vallemí and Concepcion – stood at 33,501 bags per day. However, in May, new company head Edgar Acosta, ordered that deliveries would only be made between 06.00h and 18.00h, Monday to Friday, cutting back on delivery times.... |
Debris to be used as fuel, Japan16 May 2011, Published under Cement NewsBiomass-fueled power plants and cement companies are preparing to make use of the mountains of debris left by the March 11 disaster as fuel, helping to ease electricity shortages in eastern Japan. Although clearing away the wreckage of houses destroyed by the tsunami requires the approval of the owners or local governments, some debris resulting from repairs is starting to be turned into wood chips that can be used as fuel. The three leading cement makers will take in wreckage mainly throu... |
Deadline for release of Jamaican cement shipment15 May 2011, Published under Cement NewsUp until yesterday, there was no clear indication on how authorities in the Dominican Republic (DR) would react to a 48-hour deadline given by the Government of Jamaica on Friday for the release of a shipment of Jamaican cement valued at some US$250,000. The cement has been held in that country since mid-April. Minister of Industry, Investment and Commerce Karl Samuda issued the timeline for the cargo in an effort to end a stand-off between cement producers in the DR and the Kingston-based... |
Cemex receives fleet safety award, USA13 May 2011, Published under Cement NewsCemex announced that its California-based truck fleet was recently awarded the 2011 Fleet Safety Award from the California Trucking Association (CTA). Through this award, the CTA recognizes Cemex USA as the safest bulk pneumatic carrier in the State of California. The fleet, comprised of 18 tractor trailer trucks and their skilled drivers, logged over 1.5 million miles without a reportable incident. “At Cemex, safety is a top priority, and this achievement was made possible by our fleet te... |
Concerns mount over increasing cement prices, Nigeria13 May 2011, Published under Cement NewsStakeholders in the cement industry have expressed concern over the increasing prices across the country over the last four months. Some have attributed the situation to problems of inadequate supply, high transportation cost and policy somersault. A survey conducted by the News Agency Nigeria (NAN) across the country showed that prices of the different brands of cement have gone up by an average of 44 per cent in the past four months. A bag of cement, which was sold for about N1,500 in D... |