Cement News tagged under: market share
Ultracem takes seven per cent of Honduran market17 December 2019, Published under Cement NewsHonduras’ third cement producer Ultracem has gained seven per cent market share in its first year of operations, according to La Tribune. The Colombia-based producer has focussed its entry into Honduras on the north and central regions of the country. Ultracem Honduras manager, Ismael Ballestas, said that the company’s entry had a price-regulating effect on the market and that the company is increasingly positioning itself in the market. “We have exceeded the growth expectations we had ... |
Lafarge Zambia Plc had to raise prices to stay afloat02 October 2019, Published under Cement NewsLafarge Zambia's CEO, Jimmy Khan, has spoken out about the crippling overcapacity in Zambia's cement market. Mr Khan said Zambia's cement consumption stands at around 2.2Mt compared to a production of about 5Mt. Mr Khan told President Lungu at State House in Lusaka yesterday that his company recently hiked cement price by 25 per cent to stay in business. Mr Khan said his firm made losses of about ZMW43m (US$3.3m) due to many players coming in the sector and that management saw it fit to inc... |
UltraTech looks to increase presence in eastern India06 September 2018, Published under Cement NewsUltraTech Cement is looking to increase its market share in eastern India to 23 per cent, due to the considerable growth in the region. "There is an excess demand in the eastern region. The capacity in east is less than the total demand, including in Bengal. The rise in cement consumption in east is 15 per cent, while nationally it is 5-6 per cent," said Dev Banerjee, joint president of UltraTech. The company currently claims slightly over 20 per cent of the eastern market, led by its ma... |
Mombasa Cement increases market share15 March 2018, Published under Cement NewsMombasa Cement has dislodged East Africa Portland Cement Co (EAPCC) from the second position in Kenya with a market share of 15.8 per cent, while EAPCC has dropped to third place with a market share of 15.1 per cent. Mombasa Cement's Nyumba brand just lies behind LafargeHiolcim's Bamburi Cement, which dominates the sector with a 32.6 per cent market share, according to Construction Kenya. The latest round of company results has seen both EAPCC and ARM Cement hit by falling revenues and... |
China: consolidation on production capacity by 202010 October 2016, Published under Cement NewsThe China Cement Association (CCA) has advised that the merger of leading cement companies will likely concentrate the industry’s capacity, informing that government that by year end 2020 more than 60 per cent of production capacity would be controlled by the top 10 companies. President of the CCA, Qiao Longde, said, “there are too many cement enterprises, which makes it very hard to utilise resources effectively." The industry is experiencing low efficiency and fragmentation as most plan... |
Peru: Unacem market share slips to 49%06 May 2014, Published under Cement NewsPeruvian cement company Unacem has seen its market share fall from 51.42 per cent in 1Q13 to 49.14 per cent in 1Q14, according to news service Gestión. The cement maker has attributed the decline to a combination of “aggressive competition from imported cement at dumping prices and lower cement demand”. |
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