Cement News tagged: International
US cement demand up 3% in 2018
Apparent domestic consumption advanced 2.9 per cent from 97.4Mt in 2017 to 100.2Mt in 2018, according to the US Geological Survey (USGS). The higher sales volumes were supported by an increase in the average cement price from US$121/t in 2017 to US$126.50/t the following year. The rise in cement sales was attributed to a modest increase in construction spending as housing and public constru...
Cement sales rise by 16% in Saudi Arabia in February
Cement and clinker sales in Saudi Arabia rose 15.7 per cent YoY to 4.24Mt (including exports) in February 2019 compared to 3.67Mt in the previous year. Clinker inventory increased 17.6 per cent YoY, but fell one per cent MoM to 41.88Mt in February 2019. Cement dispatches, however, jumped 9.3 per cent YoY, says Aljazira Capital. Meanwhile, the total utilisation rate of Saudi cement sec...
Pakistan's cement and construction FDI falls
According to State Bank of Pakistan (SBP), total foreign direct investment (FDI) into country during July 2018-February 2019 fell by 22.6 per cent compared to same period last year. The SBP data shows that the country received investments worth US$1.61bn during the first eight months of current fiscal year, down 23 per cent from US$2.09bn in the same period last year. FDI in cement and con...
No change for Senegal maximum cement prices
The maximum cement price in Senegal will remain at previous year’s level, according to the country’s Ministry of Commerce. "Pursuant to the provisions of Article 43 of Law No. 94-63 of 22 August 1994 on price, competition and economic litigation, ceiling prices for ex-factory cement are set at prices previously applied as of 1 January 2018", indicated a decree sent to the Agence de Press Sé...
Peru cement market contracts 5% in February
National cement consumption in Peru slipped by 4.9 per cent in February 2019 to 0.893Mt, down from 0.9Mt reported in February 2018, according to the country’s cement association, Asocem. Total cement dispatches by Asocem-related producers were up 5.3 per cent YoY, but decreased by 2.8 per cent MoM to 0.796Mt in February 2019. Of this total, 0.783Mt were delivered to domestic customers, repre...
Pakistan cement production falls in 7MFY19
The overall output of Pakstan's Large Scale Manufacturing Industries (LSMI) decreased by 2.3 per cent for July 2018-January 2019, compared to July 2017-January 2018, says data released by Pakistan Bureau of Statistics (PBS). The LSMI output decreased by 4.6 per cent for January 2019 compared to January 2018 and increased by 20.8 per cent, if compared to December 2018. The production in ...
Iran set to export over 14,000t of cement to Somalia
Over 14,000t of cement is set to be exported from Iran’s southern island of Qeshm to Somalia, according to Iran Daily. "A 14,500t cargo of bagged cement produced in Qeshm will be exported to Somalia on a Tanzanian ship named AMINA-H," said Pejman Bahrami, deputy head for maritime transport and port affairs, Qeshm Free Zone Organization. The loading of the bagged cement began on Tuesday and ...
SNIC reports rise in February sales but warns of uncertainty
Cement sales in Brazil increased by 6.4 per cent YoY to 4.1Mt in February 2019, according to the country's cement association, SNIC. According to SNIC President, Paulo Camillo Penna, last month's results were directly influenced by the comparison of working days. "February's performance was increased by just two working days more than in February 2018 due to the carnival holiday. If we anal...
Kenya's cement consumption drops to 5.49Mt in 2018
Kenya's cement consumption dropped for the second year in a row to 5.49Mt n 2018, according to Kenya National Bureau of Statistics (KNBS). The decline in cement consumption comes despite ongoing public infrastructure projects such as roads and phase two of the Standard Gauge Railway (SGR) as well as continued development of buildings in the country. Last year's reduced consumption forced c...
Sinoma reportedly seeking finance for new DR Congo plant
CNBM’s Sinoma Overseas Development Co is reportedly seeking project finance for a cement plant in Tanganyika, Democratic Republic of Congo. In January the company signed an EPC contract with Interlaces SA for a 3500tpd plant. The outlined project includes mining, three cement production lines, a biomass power station as well as packaging and delivery systems. According to Inside International...
Chilean cement sales up 8% in January
Cement sales in Chile, excluding imports, advanced by 7.6 per cent to 350,122t in January 2019 when compared to January 2018. In January 2018 sales by domestic producers reached 325,288t, according to the Chilean Chamber of Cement and Concrete (CChC).
Argentinian demand stable, exports rise in February 2019
Cement demand in Argentina remained largely stable YoY at 921,112t in February 2019, but fell 5.4 per cent MoM, according to the country’s cement association, AFCP. Domestic demand was entirely met by output from Argentinian cement factories and, unlike in 2018, there were no imports into the Latin American country. Of the total of 929,491t produced by domestic cement companies in February...
Vietnamese exports rise 15% in February
Vietnamese exports have risen 15.2 per cent in volume and 36.3 per cent in value for February 2019, rising to around 2.5Mt and US$105m, respectively. The average export price has increased 18.3 per cent YoY to US$42/t, according to the country’s Foreign Trade Agency. The three main export markets for Vietnamese cement were the Philippines, China and Bangladesh at 2.1Mt in February, accounting...
Rwandan government to divest Cimerwa stake
The state of Rwanda has put up its 49 per cent stake in Cimerwa up for sale, according to an announcement made by the country’s Prime Minister, Edouard Ngirente on 9 March 2019. An auction will be organised at the end of the month. South Africa-based PPC currently holds a majority stake of 51 per cent in the Rwandan cement producer, but has not expressed an interest in acquiring the 49 per c...
Oman eyes on boosting minerals explorations
The Government of Oman is planning to explore and enhance the production of minerals including raw materials for the cement industry. According to local media, Oman's mining authorities have identified investment opportunities worth over OMR300m (US$780.2m) that are linked to the exploitation and commercialisation of the country's prolific industrial mineral resources. These minerals includ...
GCCA launch Global Cement and Concrete Industry Women's Network
On International Women's Day, the Global Cement and Concrete Association (GCCA) announces the launch of a 'Global Cement and Concrete Industry Women's Network'. The sector initiative, launched by GCCA Cement Director, Claude Lorea, aims to establish a network of women leaders and experts in the cement and concrete industry and its suppliers, to promote gender diversity. The network, which...