Cement News tagged under: sales
South Africa: rain dampens PPC Jan-Feb sales14 March 2017, Published under Cement NewsPPC announced that adverse weather had negatively affected its cement and concrete sales in South Africa during January and February 2017. Rainfall in excess of 200mm was experienced in many parts of the country during these two months. The cement manufacturer said it managed to reduce net debt to ZAR4.4bn (US$333.13m) as of December 2016 due to the conclusion of a component of the first empowerment transaction. PPC concluded Strategic Black Partners (SBPs) and Community Service Groups (C... |
Vietnam: Vicem sells 25.8Mt of cement and clinker in 201604 January 2017, Published under Cement NewsState-owned Vietnam Cement Industry Corp (Vicem) sold around 25.8Mt of cement and clinker in 2016, representing a YoY rise of 11.2 per cent and surpassing the year’s target by 11 per cent. Some 22.73Mt of cement and clinker were sold in the domestic market, a 8.8 per cent rise when compared with 2015. Vicem increased its exports by 45.8 per cent to 3.07Mt. Output by the country’s leading cement producer advanced by 9.3 per cent YoY to 18.74Mt of clinker and by 13.1Mt to 22.72Mt of cem... |
PT Semen Indonesia domestic sales down 6%, export more than double11 November 2016, Published under Cement NewsPT Semen Indonesia’s domestic cement sales dropped six per cent YoY to 2.55Mt in October from 2.71Mt. However, the company saw its export sales rise from 28,302t in October 2015 to 62,829t one year later. For the first 10 months of 2016, domestic sales edged up from 20.93Mt in 10M15 to 21.19Mt. Cement exports rose 15.2 per cent YoY from 419,767t to 483,745t. |
China National Building Materials (CNBM)27 September 2016, Published under Cement NewsChina National Building Materials (CNBM) group’s merger with China National Materials (Sinoma) group has been approved. An official merger ceremony was held in Beijing at the end of last month. According to Cao Jianglin, president of CNBM, the new company will have total assets of about CNY550bn (US$83.4bn) with annual revenue of approximately CNY300bn and 250,000 employees. Despite CNBM seeing revenue fall by nine per cent YoY in the January-June period this year, observers say that Augu... |
PPC27 September 2016, Published under Cement NewsAt a presentation at the RMB Morgan Stanley Big Five conference in Cape Town on 26 September, PPC outlined how despite group cement sales volumes advancing by seven per cent in the first five months of FY2017, significant pressure on selling prices in the inland region saw prices fall by five per cent in the South African cement business. As a result, overall margins are under pressure despite good cost control and exchange rate gains, according to PPC. Over the same period, Rwanda saw vo... |
Semen Indonesia27 September 2016, Published under Cement NewsAs the country tackles tight competition and oversupply, Semen Indonesia is planning to partner with precast concrete firms to boost demand. With precast concrete producers using cement as a raw material, they provide a vital additional revenue stream for Indonesia’s cement manufacturers, many of whom saw revenues decline in the first half of the year as the economy struggled to recover. An unexpected boost in sales in August by almost nine per cent will come as a welcome sign to the coun... |
PT Indocement27 September 2016, Published under Cement NewsPT Indocement’s new line in Citeureup is one of three new projects that will see Indonesia’s cement production capacity hit 92Mta by early next year and reach 100Mta by 2018, according to recent figures from the Indonesian Cement Association (ASI). Despite concerns regarding oversupply, August 2016 saw Indonesia’s cement sales jump by almost nine per cent YoY to 5.97Mt, driven by a surge in infrastructure projects. The increased demand is being attributed not only to previously-delayed co... |
Chile's three largest cement producers sees 1H sales rise 3.7%27 September 2016, Published under Cement NewsChile's top three cement companies - Cemento Melon, Cementos Polpaico and Cementos Bio Bio - recorded a 3.7 per cent YoY rise in sales to CLP339.82bn (USD510.48m) in the first six months of 2016. This represents the lowest growth rate in three years. Cementos Bio Bio's sales increased 6.6 per cent to CLP151.9bn as it was affected by the economic slowdown. Cementos Polpaico posted sales of CLP75.92bn, an advance of two per cent when compared with 1H15, on the back of better pricing as volum... |
Pakistan: cement sales climb to 4.9Mt07 September 2016, Published under Cement NewsFor the first two months of the current fiscal year (July-August 2016) Pakistan's total cement dispatches increased 14 per cent to 4.9Mt when compared to the 4.3Mt recorded in the same period last year. The increase is a result of growing domestic sales, which in August rose by 21 per cent YoY to 3.03Mt, up from 2.5Mt. In particular, cement sales in the north of the country performed extremely well as they rose 22.6 per cent to 2.49Mt. Sales of 0.53Mt (a 13.2 per cent rise YoY) were recor... |
PPC increase revenue and volumes in 3QFY15-1606 September 2016, Published under Cement NewsPPC reported a nine per cent YoY rise in quarterly sales revenue, commenting that sales revenue in South Africa increased two per cent and volumes by at least nine per cent in the company's 3QFY15-16. However, revenue outside of South Africa was even stronger, growing 19 per cent as a result of significant volume growth, newly commissioned plants in Rwanda and gains made through currency translations. CEO of PPC, Daryll Castle said, “the group's revenue has improved by six per cent suppor... |