Cement News tagged under: sales
Caribbean Cement forecasts 10-20% sales decline in 202003 June 2020, Published under Cement NewsJamaica-based Caribbean Cement expects its annual sales to drop 10-20 per cent this year, due to the effects of the COVID-19 pandemic. "The forecast we are seeing is a 10 to 20 per cent decline in annual terms," said Yago Castro, general manager. "We are factoring the first quarter which was normal, but the second quarter we saw a drop by one-third, and the third quarter we are also expecting a decline when compared with last year," he said. Sales were down 35 per cent YoY in April and... |
Semen Indonesia Group sales slip 2% in March22 April 2020, Published under Cement NewsTotal sales of Semen Indonesia Group (SIG) fell two per cent in March 2020 to 3,098,449t when compared with March 2019, when sales reached 3,161,373t, according to data released by SIG. Semen Indonesia, including PT Solusi Bangun Indonesia (SBI), reported a 4.9 per cent YoY drop in sales to 2,879,329t as the domestic market contracted by 9.5 per cent with offtake at 2,490,257t. However, exports advanced by 40.2 per cent YoY to 389,072t in March 2020. Thang Long Cement Co (TLCC) posted a... |
Dungsam Cement reports impact of lockdown16 April 2020, Published under Cement NewsBhutan’s Dungsam Cement Corp has been adversely affected by the lockdown in India, according to Sonam Jigme, CEO. No export volumes or revenue have been recorded from 21 March to 12 April, compared to around 75,000t sold and BTN323m (US$4.2m) of revenue last year. Around 81,280t had been sold domestically from 1 January to 21 March, earning BTN488m. However, only 24,233t has been recorded after 21 March. Mr Jigme said that although there is domestic demand, sales have considerably fall... |
US cement sales show modest gain in 201911 February 2020, Published under Cement NewsCement sales edged up to US$12.5bn in 2019, according to the US Geological Survey (USGS). Of this total 70-75 per cent of sales were to ready-mixed concrete producers, 10 per cent to concrete product manufacturers, 8-10 per cent to contractors and 5-12 to other customers. Around 100Mt were shipped to final customers, including around 1Mt of exports. In 2018 shipments reached 98.48Mt. The average cement increased from US$121/t in 2018 to US$123.50/t in 2019. The USGS reported that construc... |
Semen Indonesia Group sees 29% rise in 2019 sales20 January 2020, Published under Cement NewsThe total sales volumes of the Semen Indonesia Group, including Thang Long Cement Co (TLCC) and former Holcim subsidiary, PT Solusi Bangun Indonesia (SBI), increased 36 per cent in December 2019 to 3.93Mt from 2.891Mt (before the group’s acquisition of SBI and therefore, not included in the group’s consolidated numbers), according to a company statement. Semen Indonesia saw sales edge up 4.4 per cent to 2.782Mt YoY, of which 2.564Mt in domestic sales (+8.2 per cent) and 218,678t in export ... |
Fancesa to fall short of sales target20 January 2020, Published under Cement NewsBolivia-based Fábrica Nacional de Cementos SA (Fancesa) will miss its sales and profits targets for the current financial year. The shortfall has been attributed to civic unrest and blockades following the elections that were cancelled due to fraud. “During the 2019 financial year, which closes on 31 March 2020, production was projected at 1,030,000t and the stop will obviously affect production volumes; it will be a success if we produced 900,000t,” said the Government Director of Fance... |
Saudi sales increase 24% YoY in November11 December 2019, Published under Cement NewsThe sales of 17 cement companies in Saudi Arabia amounted to 4.27Mt in November 2019, a 23.8 per cent YoY increase compared with 3.45Mt in the year-ago period, according to a report by Yamama Cement. Cement production rose by 22 per cent YoY to 4.3Mt during the period, against 3.54Mt in November 2018. Inventories showed modest growth to 1.22Mt from 1.18Mt. Southern Province Cement Co reportedly recorded the highest sales volume at 613,000t, followed by Saudi Cement Co and Yanbu Cement. |
Puerto Rican sales slip 3% in November11 December 2019, Published under Cement NewsCement sales in Puerto Rico slipped 2.9 per cent to 46,236.3t (1.084m bags of 42.6kg) in November 2019 when compared with November 2018, when 47,630.6t (1.117m bags) were sold, according to data released by the Economic Development Bank of Puerto Rico. Output from Puerto Rican cement plants increased by 27 per cent in November 2019 to 46,760.7t (1.097m bags) from 36,821.9t (0.864m bags) in the year-ago period. In the January-November 2019 period, domestic cement sales decreased 6.3 per ce... |
Brazilian cement market expands 4% in November09 December 2019, Published under Cement NewsCement sales in Brazil increased 3.9 per cent YoY in November to 4.7Mt, according to SNIC, the country’s cement association. Apparent cement consumption, which includes imports, totalled 4.7Mt, up 3.5 per cent YoY, in November 2019. SNIC attributed the rise in sales to the recovery of the real estate sector. "The number of new residential launches accumulated an increase of 17 per cent until September compared to the same period of 2018. The number of new properties financed by SBPE (Brazil... |
Sagar Cements records 27% fall in production09 December 2019, Published under Cement NewsIndia’s Sagar Cements has seen the company's standalone cement production/purchase decline 27.4 per cent to 172,160t in November 2019, compared to 236,967t in the year-ago period. Consolidated cement production was down 23.1 per cent YoY to 244,291t from 317,796t. Standalone cement sales for the month also fell 29.4 per cent to 167,720t from 237,409t sold in November 2018. Consolidated cement sales dipped to 241,195t, a decline of 23.5 per cent compared to 315,106t in the previous year’s ... |