Cement News tagged under: international
South Korea's cement producers plan 18% price rise05 January 2022, Published under Cement NewsMajor cement manufacturers in South Korea will be implementing a further rise in wholesale prices as the construction industry in the Asian country gathers pace, according to Maeil Business Newspaper. This follows a 5.1 per cent price rise from KRW75,000 (US$62.63)/t in July 2021, the second rise in a year following a price freeze since 2014. Ssangyong C&E has decided to lift the price of its first-class bulk cement to KRW93,000/t from February, representing an 18 per cent hike when compare... |
Cambodian cement production reached 7.9Mt in 11M2129 December 2021, Published under Cement NewsCambodia’s five cement factories produced 7.9Mt over the 11 months from January-November 2021, a slight decrease compared to the volume recorded in 2020, according to the Cambodian Cement Manufacturing Association. Puth Chandarith, secretary-general of the Cambodian Cement Manufacturing Association, said on Monday that the production of domestic cement during the January-November period was similar to last year due to the number of construction projects being put on hold due to the Covid-... |
Qassim Cement to establish new cement mill at Buraydah29 December 2021, Published under Cement NewsQassim Cement, Saudi Arabia, has entered into a preliminary agreement with the Chinese company, CDI, for the engineering, supply and construction of a new cement mill to be installed at the company's Buraydah cement plant. The new mill will have a replacement capacity of 300tph. The agreement with CDI includes the supply of mechanical and electrical equipment, including design and supervision of civil works, installations and commissioning test. The company said in a bourse filing t... |
Vietnam cement production reached 101.2Mt in 202129 December 2021, Published under Cement NewsVietnam is estimated to have produced 101.2Mt of cement in 2021, up 2.6 per cent YoY, according to the latest data from the government-run General Statistics Office (GSO). In December, the country’s cement output is projected to have reached 9.9Mt, up 8.4 per cent YoY, the GSO said. |
Umm Al-Qura Cement Company granted limestone exploration license29 December 2021, Published under Cement NewsUmm Al-Qura Cement Company, Saudi Arabia, announced the issuance of an exploration license for limestone on 28 December 2021 from the Ministry of Industry and Mineral Resources. The license location is situated between Taif and Radwan. This license was issued in accordance with the Mining Investment Law issued by Royal Decree No. M/140 dated 10/19/1441 AH and its executive regulations. The company will carry out the necessary exploratory studies on the new quarry during the statutory... |
Vietnamese market contracts 7% in November23 December 2021, Published under Cement NewsCement dispatches in Vietnam declined by seven per cent YoY to 5,570,069Mt in November 2021 but advanced by six per cent when compared with October 2021, according to the Vietnamese cement association, VNCA. Of this total VICEM saw a six per cent drop YoY to 1,836,559t while associated companies reported an 11 per cent fall to 1,223,510t YoY in November 2021. Other cement producers reported a seven per cent decrease to 2,510,000t when compared with November 2020. When compared with October... |
Cement output in Indonesia falls 22% in November, affecting exports23 December 2021, Published under Cement NewsThe total Indonesian production of cement and clinker in November 2021 reached 11.45Mt, down 22 per cent from 14.67Mt when compared with October 2021, according to the Indonesian Ministry of Industry. Director of the Cement, Ceramics and Non-Metal Mineral Processing Industry, Ignatius Warsito, attributed the decrease in output due to issues with the supply of coal. "The decrease in monthly production will reduce the specific utilisation for that month. The decrease in production will also ... |
Pakistan sees exports surge in November22 December 2021, Published under Cement NewsPakistan's cement and clinker exports has reported mixed results between July 2021 and November 2021. According to a research house, exports observed a negative trend on a cumulative basis driven mainly by the political crisis in Afghanistan, as exports from the north reportedly remained disturbed. Elsewhere, exports from southern plants posted nominal growth. The industry earned US$115.99m in export revenue by dispatching 3.20Mt of cement and clinker overseas in the 5MFY21-22 (1 July-31 No... |
New cement plant for Yuzhnaya on Sakhalin21 December 2021, Published under Cement NewsThe Sakhalin Oblast Development Corp is planning the construction of a cement plant in Smirnykhovsky District in the Yuzhnaya priority development area (PDA) and has agreed to the financial and economic justification, according to Esmerk Russian News. The volume of private investment in the plant is estimated at RUB8bn (US$112.2m). The name of the investor has not been disclosed but they expect to receive the status of resident of the PDA. The plant is expected to be commissioned by 2025... |
Peruvian cement market expands 3% in November20 December 2021, Published under Cement NewsCement dispatches in Peru increased three per cent YoY and 21 per cent when compared with November 2019 to 1.208Mt, according to Asocem, the country’s cement association. Asocem’s member cement producers manufactured 1.157Mt of cement, up two per cent YoY and up 25 per cent when compared with November 2019. In addition, they also produced 0.915Mt of clinker, representing an increase of 38 and eight per cent when compared with November 2020 and November 2019, respectively. Domestic product... |