Cement News tagged under: sales
Pakistan's cement industry sees 9% growth in October 2024, driven by robust exports06 November 2024, Published under Cement NewsPakistan’s cement industry reported an 8.7 per cent increase in total dispatches for October 2024, reaching 4.357Mt compared to 4.006Mt in the same month last year, according to data from the All Pakistan Cement Manufacturers Association (APCMA). Local cement dispatches declined by 0.5 per cent to 3.276Mt, while exports surged by 51.3 per cent to 1.08Mt. Usama Rauf of AKD Securities Ltd commented on the data, explaining that the annual decline in local sales is primarily due to a 21 per ... |
Cemex sells operations in Guatemala11 September 2024, Published under Cement NewsCemex announced that it has sold its operations in Guatemala to Holcim Group , for a total consideration of approximately US$200m, with the transaction signed and closed 10 September 2024. The divested assets consist of one grinding mill, three ready-mix plants and five distribution centres. As of 31 December 2023, the grinding mill had an installed capacity of around 0.6Mta. Fernando A González, CEO of Cemex, said, “In 2024 we have accelerated the execution of our portfolio rebalan... |
Saudi cement sales drop 6% YoY11 October 2023, Published under Cement NewsSaudi Arabian cement sales declined to 4.01Mt in September 2023, down six per cent compared to the 4.26Mt seen in the same period a year earlier, according to Aljazira Capital. Over the same timeframe, cement exports advanced too 776,000t, up slightly from 773,000t in September 2022. Over the first nine months of 2023, export sales have remained stable YoY at 6.4Mt. September 2023 saw clinker inventories of 39.69Mt, marking an 11 per cent increase YoY and 0.4 per cent advance MoM, reports... |
Maple Leaf Cement Factory reveals export risks25 September 2023, Published under Cement NewsMaple Leaf Cement Factory Ltd (MLCFL), subsidiary of Kohinoor Textile Mills , said it has achieved the highest sales of PKR62bn (US$211.7m) and the highest ever operating profit of PKR12bn in FY22-23. Further, the company installed new Line 4 during the last financial year, having a capacity of 7000tpd in Iskanderabad, Mianwali district, Pakistan, according to the detailed annual report of the cement factory, released on 21 September. Sales and exports The sales volume of 4.73Mt depi... |
Saudi Arabia's exports fall 21% YoY in August15 September 2023, Published under Cement NewsSaudi Arabia saw its cement exports decline by 21.3 per cent in August 2023 to 620,000t. This compares to 788,000t in the same month a year earlier, according to Aljazira Capital. Domestic sales in August 2023 came in at 3.96Mt, marking a contraction of 9.6 per cent from the 4.38Mt recorded in August 2022, reports Zawya. Clinker inventories stood at 39.5Mt in August, up 10.5 per cent YoY and 1.2 per cent compared to July 2023. This marks the highest inventory level since Septem... |
Pakistan cement dispatches down 24% YoY in March04 April 2023, Published under Cement NewsTotal cement dispatches (local sales and exports) in Pakistan fell 24 per cent YoY in March to 3.795Mt, according to the All Pakistan Cement Manufacturers Association (APCMA). Domestic sales were down 29 per cent YoY to 3.356Mt due to a continued slowdown in construction activities. Exports, meanwhile, saw a 48.5 per cent YoY increase in shipments in March to 438,433t, although for the July 2022-March 2023 period exports were down 35 per cent YoY, reports Dawn. Over the 9MFY23, total ... |
Pakistan’s producers contend with soaring costs05 May 2022, Published under Cement NewsIn the first nine months of the current financial year (9MFY22), Pakistan’s cement producers sold 40.8Mt of cement, down 2.5Mt or 5.8 per cent on the same period a year earlier. While local dispatches have remained stable at 36.1Mt, exports have fallen by 35 per cent. With costs continuing to soar, domestic cement producers are reporting a mixed bag of results as the industry reels from the economic fallout of the pandemic and ongoing crisis in Ukraine. According to estimates by research... |
Les Ciments de Bizerte reports 30% drop in turnover in 1Q2202 May 2022, Published under Cement NewsTunisia’s Les Ciments de Bizerte has recorded clinker production of 161,000t in the 1Q22, representing a 20.7 per cent decline YoY. Cement production over the same period came in at 121,183t, down 42 per cent. Production of lime saw a 60 per cent YoY decline in the opening quarter of 2022, equivalent to 3488t, which the company is attributing to the lack of demand for lime on the national market and in the sector. It should be noted that the production of cement and lime are based on dema... |
Uzbek Commodity Exchanges trades 0.944Mt of cement in 2M2201 April 2022, Published under Cement NewsIn the January-February 2022 period, Uzbekistan’s Commodity Exchange has traded 943,500t of cement, of which 864,300t, or 91.6 per cent, were sold at an average price of UZS546,700/t. The average monthly sales volume reached 432,200t. Around 32 per cent of the volumes sold was PC II A-K (P-I) 32.5N cement, followed by PC/A-I 32.5N cement, which accounted for 16 per cent of cement sold. Smaller shares sold were PTS M-400 D-20 cement (12 per cent share), Portland cement (10 per cent) an PTS ... |
Indocement sees 3% uptick in 8M21 sales08 October 2021, Published under Cement Newsndonesia-based Indocement Tunggal Prakarsa is on track to sell up to 18.1Mt of cement in 2021, according to Mirae Asset Sekuritas analyst Mimi Halimin. The company has seen its domestic sales expand by 3.3 per cent to 10.4Mt in the first eight months of the year. In August there was an 0.5 per cent uptick to 1.5Mt. “Although relatively flat from last year, the volume was 7.7 per cent higher than the previous month. This indicates a recovery in volume along with the gradual pick-up in econ... |