Cement News tagged: International
FDI Pakistan touches 53% growth in FY18
Pakistan's cement and construction industry received foreign direct investment (FDI) of US$766.3m during the 12 months of FY17-18 (July -June), compared to US$501.9m received in corresponding months of last fiscal year. This translates a YoY growth of 53 per cent, says the State Bank of Pakistan (SBP). The breakdown shows that cement industry attracted FDI of US$59m and the construction ind...
Brazil's cement sales slip 2% in 1H18
From January to June 2018, cement sales in Brazil totalled 25.4Mt, down 1.5 per cent YoY, according to preliminary data from SNIC, the country’s cement association. Apparent consumption (domestic sales + imports) totalled 25.5Mt in the six-month period. slipping 1.9 per cent when compared with 1H17. SNIC President, Paulo Camillo Penna, said that the results achieved in the first half we...
Cement consumption in Peru up 6% in June
Peru’s cement market expanded by 5.7 per cent YoY to 0.865Mt in June 2018 and when compared with the previous month, largely stable, according to the latest data from Asocem, the country’s cement association. Of this total, national deliveries fell by 2.1 per cent YoY to 0.76Mt while imports advanced 147.5 per cent YoY to 0.106Mt. Cement production slipped by 2.5 per cent YoY to 0.79Mt in J...
Sudan's cement factories cut production by 50%
Fuel shortages and frequent power cuts have forced cement factories in Sudan's River Nile state to reduce their production by more than half. Atbara Cement plant has cut its cement production from 120,000tpm to 60,000tpm, said a company spokesperson. He said that the cement production in El Salam Factory dropped from 60,000tpm to 20,000tpm, El Takamol Factory from 80,000tpmto 32,000tpm, the...
Caribbean Cement build new Rockfort administration building
Caribbean Cement held a groundbreaking ceremony for the construction of Caribbean Cement's new administration building at Rockfort last Friday. The previous building at the Rockfort cement plant was destroyed by a fire in January 2017. Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, attended the groundbreaking ceremony and told guests, "I really am pleased to hear t...
Raysut Cement 1H18 profit falls
Raysut Cement Co reported a 14.4 per cent increase in revenues in the first half of 2018. Revenues advanced to OMR42.8m (US$111.3m) from OMR37.4m in 1H17. However, the Omani cement producer’s profit attributable to shareholders during the first six months of 2018 fell 84.8 per centto OMR701,731 from OMR4.6m a year ago.
Uzbekistan records 6% fall in production in 1H18
Uzbekistan has recorded a 5.8 per cent YoY fall in cement production in the first half of 2018, decreasing to 3.95Mt from 4.20Mt in the year-ago period. Depending on the region of sale, both Kizilkumcement JSC and Bekabadcement JSC have set cement prices in the region of UZS430,000-490,000/t (US$55-62/t). Furthermore, the head of state has established a cement price threshold for a number of...
Kenya's cement consumption falls to 1.4Mta in 2Q18
Cement demand in Kenya has fallen to 1.4Mta in the second quarter of the year, according to a report from the Kenya National Bureau of Statistics (KNBS). The agency attributes the drop to a continued slowdown in real estate activity. In the first quarter of 2017 domestic cement consumption reached 1.5Mt but has since decreased. Furthermore, the continuing decline was also reflected in a 15....
Work to start on new Almaty cement plant
Construction of a large cement plant has begun in Almaty region, Kazakhstan. According to investors, the enterprise has a favourable location. Kerbulak district is located in the centre of the region. The main highway and the major railway line passes through the district. Some 40ha of land will be allocated for the construction of the plant. Investment worth KZT50bn (US$145.2m) were allocat...
Puerto Rican cement sales up 18% in June
Cement sales in Puerto Rico increased 17.9 per cent YoY in June 2018, representing a sixth-consecutive monthly growth. Domestic sales reached 1.23m bags (42kg/94lb), reports Esmerk Latin American News. The latest sales data show a sustained market recovery following the fall in sales in the months after Hurricanes Maria and Irma. In 2017 sales declined 11.2 per cent YoY. Total cement produ...
CTIEC to start Adrar Line 2 procurement
China Triumph International Engineering Co Ltd (CTIEC) will start equipment procurement for the US$211m second production line of the Adrar plant in Algeria, which is under development by STG Engineering and Real Estate Development Co. FLSmidth, Thyssenkrupp AG and Fives SA are among the likely suppliers, according to Inside International Industrials. The new line will at 4200tpd of cement ...
New CEO for the Global Cement and Concrete Association appointed
The Global Cement and Concrete Association (GCCA) has announced the appointment of Benjamin Sporton as its Chief Executive. He will take up the role in early October 2018. Benjamin Sporton joins the GCCA from the World Coal Association where he has served as Chief Executive for almost four years. As Chief Executive of the newly-formed GCCA, Benjamin will lead the association's efforts to dri...
Brazilian cement demand falls 20% in May
Brazil’s cement market contracted by 20.3 per cent YoY in May from 4.503Mt to 3.588Mt (excluding imports), according to the latest data published by SNIC, the country's cement association. In the southeast, the largest market in the country, sales fell 17.5 per cent to 1.729Mt from 2.095Mt in May 2017. In the northeast sales decreased 23.2 per cent from 940,000t in the equivalent year-ago pe...
Cement shipments in USA-Puerto Rico up 9% YoY
Total shipments of Portland and blended cement (including imports) in the USA and Puerto Rico in April 2018 increased 8.9 per cent YoY to 8.2Mt, according to the latest data by the US Geological Survey (USGS). The leading cement-consuming states were Texas, California, Florida, Georgia and Ohio, which received some 44 per cent of total April shipments. Leading producing states were Texas, ...
Swiss cement sales return to positive growth
Switzerland’s domestic cement deliveries has increased 2.9 per cent YoY to 1.22Mt in 2Q18, returning to positive growth for the first time since 4Q16, according the country’s cement association, Cemsuisse. In the first half of 2018, deliveries advanced 0.8 per cent compared to the corresponding period of the previous year. However, cement deliveries by rail has decreased by 0.9 per cent to 5...
Cameroon to build fifth cement plant
Cameroon-based Engineering Construction Manufacturing and Trading Ltd (ECMT) has announced the construction of a cement plant in Ebolowa (south) for a cost of CFA15bn (US$26.7m), following an agreement signed with the Investment Promotion Agency (API). The new plant will have a cement capacity of 0.5Mta and will bring the number of cement plants in Cameroon to five. These plants include the ...