Cement News tagged under: international
1H cement demand in Spain sees 17% rise14 July 2021, Published under Cement NewsCement consumption in Spain increased 17.3 per cent YoY to 7,309,916t in the first half of 2021, according to Spanish cement association, Oficemen. When compared with the 1H19 demand dipped 1.4 per cent. The positive trend in demand has been due to high sales in June 2021, which registered the highest volume since June 2011. A total of 1,389,619t of cement were sold in Spain, representing advances of 4.7 and 9.3 per cent when compared with the same month in 2020 and 2019, respectively. “... |
Chilean cement demand sees 21% hike in May13 July 2021, Published under Cement NewsChile’s cement market expanded by 21.2 per cent YoY as 353,704t was sold in May 2021 compared with 352,817t in May 2020, according to the Chilean construction chamber, CChC. The January-May 2021 period saw an increase of 14.2 per cent to 1,789,995t when compared with 1,567,886t in the 5M20. |
Hungary levies excess-profit tax on construction material producers12 July 2021, Published under Cement NewsHungary's government has levied a 90 per cent excess-profit tax on some producers of construction materials from 9 July, in an effort aimed at curbing surging prices. The tax applies to companies that produce cement and other materials, including plaster, chalk, gravel, sand, clay, lime and gypsum, with annual revenue of HUF3bn (US$10.02m) or more in 2019. It requires the companies to pay a 90 per cent "mining allowance" on the difference between revenue generated using their own prices a... |
Brazil market expands in June with expectations of 6% growth in 202109 July 2021, Published under Cement NewsCement sales in Brazil edged up 1.5 per cent to 5.438Mt in June 2021 from 5.358Mt in June 2020, according to the country’s cement association, SNIC. Self-construction as well as residential and commercial renovation continue to rise while increasing sales are further supported by works in the real estate sector. Growth was strongest in the southern region, where sales advanced 11.4 per cent YoY to 0.91Mt from 0.817Mt in June 2020. There was also robust growth in the north as 0.272Mt of cem... |
Swiss cement dispatches edge up 3% in 2Q2109 July 2021, Published under Cement NewsSwiss cement producers saw a 2.6 per cent YoY rise in deliveries to 1,168,331t in the second quarter of 2021, according to cemsuisse, the country’s cement association. In the 2Q20 dispatches reached 1.139Mt. In the first half of 2021 dispatches edged up by one per cent to 2,030,542t from 2,010,908t in the 1H20. A total of 96.4 per cent of cement was supplied in bulk and 3.6 per cent as bagged product in the 1H21. Around 7.26 per cent was dispatched to ready-mix concrete plants, 20.5 per ce... |
Indian government sets up new cement council08 July 2021, Published under Cement NewsThe Indian government has set up a 25-member development council for the cement industry, which will suggest ways to eliminate waste, obtain maximum production, improve quality, reduce costs and promote the standardisation of products, according to a press release. Other functions of the council include recommending measures for securing the full utilisation of installed capacity, particularly of less efficient units, as well as promoting training, and promoting or undertaking scientific ... |
India's cement production falls in April and May06 July 2021, Published under Cement NewsIndia's cement production was down by 11 per cent MoM in April and 18 per cent MoM in May, due to the rise of COVID-19 cases and the subsequent lockdown restrictions by many states. However, notwithstanding the onset of the monsoon season, pent-up demand is expected to push volumes forward in the second quarter of the FY21-22. As a result, ICRA ratings agency has revised its volumetric growth estimates for the fiscal year downwards to 10-12 per cent from 15 per cent. Anupama Reddy, ass... |
Cement consumption in Argentina sees 21% hike in June06 July 2021, Published under Cement NewsArgentina's cement market expanded by 20.5 per cent YoY and by 10% MoM to 961,340t in June 2021, according to AFCP, the country’s cement association. Domestic demand was entirely supplied by Argentine cement producers, who produced 970,540t in June, up 20.6 per cent YoY and 9.8 per cent MoM. Of total output, they exported 9200t of cement, which represents a YoY advance of 34.2 per cent from 6855t but a MoM drop of 8.2 per cent from 10,017t. January-June 2021 In the first half-year of... |
Bolivian market sees 7% MoM decline in April06 July 2021, Published under Cement NewsCement consumption in Bolivia surged to 286,667t in April 2021 from a very low base of 39,222t in April 2020 due to the impact of the COVID-19 pandemic, according to INE, the country’s statistics agency. However, MoM demand fell by 7.3 per cent from 297,744t in March 2021. Production from domestic cement plants also returned to more regular levels, noting 276,061t in April 2021, up from 11,579t in the previous year, when the pandemic saw factories closed. MoM there was a five per cent slip... |
Pakistan cement dispatches grow by 13% in June05 July 2021, Published under Cement NewsPakistan’s cement sector posted a robust YoY growth of 12.73 per cent in June 2021, as total dispatches rose to 5.211Mt against 4.623Mt in June 2020. Cement dispatches rose by 20.40 per cent to 48.119Mt in 12MFY21 from 39.96Mt during the 12 months of the last financial year 2019-20, according to data released by the All Pakistan Cement Manufacturers Association (APCMA). The rise is attributed to construction activities under the Naya Pakistan Housing Scheme (NPHS), vital government initia... |