Cement News tagged: International
Malaysian cement demand set to flourish, says report
Cement demand in Malaysia will continue to flourish in the medium-to-long term, supported by major infrastructure projects across the country, reports RHB Investment Bank Research (RHB IB). A sector report by RHB IB listed current low inventory levels, the push towards solar panels and electric vehicles, and the recovery in demand on the back of an anticipated upturn in China’s manufacturing a...
Cemtech Europe opens in Istanbul: Turkey prepares to launch domestic ETS
Cemtech Europe 2023 , the leading cement industry conference in Europe organised by International Cement Review , has opened in Istanbul, welcoming over 300 delegates from 40 countries. Welcoming delegates to the conference, Volkan Bozay, CEO of the Turkish Cement Manufacturers Association, TÜRKÇİMENTO, highlighted the strengths of the domestic industry, which now includes 120Mta of clin...
Italy’s cement market contracted 9% in 2022
Total consumption in Italy was down by 6.7 per cent YoY to 19.07Mt in 2022 from 20.45Mt, according to Federbeton. Of this total 1.944Mt was imported, up 15.1 per cent YoY from 1.69Mt. In per capita terms, domestic consumption fell from 346kg/inhabitant in 2021 to 324kg/inhabitant in 2022. Cement dispatches in the country decreased by 8.7 per cent YoY to 17.125Mt in 2022. Declines were felt ac...
Italian cement production slips 1% in July
Italy’s cement producers decreased their output by one per cent in July 2023 when compared with the previous year, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output value advanced from 98 in June to 101 in July. In the first seven months of 2023 production fell by four per cent YoY. However, cement prices increased nine per cent Y...
Qatar market to expand by a CAGR of 5% in 2022-32
The Qatar cement market is expected to see a CAGR of 5.2 per cent in terms of value between 2022-32, reaching US$1550.9m by the end of the period. Much of this growth is being driven by the country’s rising population, fuelling growth in urbanisation. Qatar is seeing not only rising demand for residential and commercial buildings, but also civic and tourism infrastructure, according to ...
Itacamba launches new distribution centre
Bolivian cement producer Itacamba has announced the launch of a fourth distribution centre to help efficiently serve cement demand requirements in the country’s La Paz Department. The new distribution centre is strategically located on the premises of the Exprinter Bolivia Logistics Complex, in the Senkata area of the city of El Alto, enabling the company to promptly meet local consumpti...
SIKA launches new growth strategy
At today's Capital Markets Day in Zurich, Sika will presents its new Strategy 2028, “Beyond the Expected”, which the company says builds on the company’s successful growth model. “The roadmap leverages on Sika’s strong market position and innovation power and sets the course for an even stronger performance in the years to come,” the company said in a statement. The annual growth target ...
US and Puerto Rico imports increase 16% in July
Portland and blended cement shipments in the USA and Puerto Rico slipped 2.1 per cent to 9.3Mt in July 2023 when compared with July 2022, when 9.5Mt was shipped, according to the US Geological Survey (USGS). Of the total blended cement volume reported, 4.9Mt or 98 per cent was Portland limestone cement (Type IL). In terms of market size, Texas, California, Florida, Georgia and Ohio led the ra...
GGBS unlikely to reduce GHG emissions, warns IStructE
The use of ground granulated blastfurnace slag (GGBS) to reduce greenhouse gas (GHG) emissions in concrete needs to be carefully considered, recommends a new paper from UK-based The Institution of Structural Engineers (IStructE). For many years GGBS has been specified as a partial replacement for clinker in concrete due to its technical properties. More recently, reducing clinker with GGBS has...
Fears raised over cement price hike in Nigeria
The Cement Producers Association of Nigeria has praised the Nigerian government’s commitment to introduce concrete roads but warned that supply issues could push cement prices to NGN9000/bag (US$11.54/bag). According to Punch, cement in Nigeria currently sells at around NGN5000/bag, but a lack of supply could force prices much higher. Instead, the association has urged the government to place ...
Vietnamese cement market contracts 11% in August
Cement sales in Vietnam declined 11 per cent YoY to 4,471,258t in August 2023 when compared with August 2022, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM reported sales of 1,375,727t, down 12 per cent YoY, while other VNCA member companies saw sales fall by 16 per cent YoY to 995,531t. Non-VNCA member sales decreased by nine per cent YoY to 2,100,000t in A...
Cement demand in Spain falls 1% in 8M23
Cement consumption in Spain fell by 1.3 per cent in July and by 7.9 per cent in August 2023 when compared with year-ago volumes, according to the country’s cement association, Oficemen. In July demand declined to 1,208,697t and in August 1,058,267t of cement were sold. "Although the holiday months are usually moderate in consumption, this year other variables have been added: the post-elector...
PPC reports improved results in 5MFY23-24
Revenue for PPC ’s South Africa and Botswana operations (excluding Zimbabwe and Rwanda) increased by five per cent YoY in the first five months of FY23-24 (April-August 2023), supported by higher average selling prices but lower sales volumes. Cement sales volumes in the two markets fell by six per cent YoY with inland volumes in August 2023 continuing their decline but at a lower rate. Coast...
Peru’s cement market contracts by 10% in August
Cement dispatches in Peru declined by 10 per cent YoY to 1.089Mt in August 2023 from1.211Mt in August 2022, according to the country’s cement association, ASOCEM. Of this total, ASOCEM members supplied 1.015Mt, down from 1.167Mt in August 2022. Non-members dispatched 74,000t, up from 44,000t in August 2022. However, when compared with July 2023, dispatches were up six per cent. Cement produc...
Saudi Arabia's exports fall 21% YoY in August
Saudi 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 ...
Chile’s dispatches increase 1% in July
Cement dispatches in Chile were up by 1.4 per cent YoY to 280,545t in July 2023 from 276,554t in July 2022, says the Chilean construction chamber, CChC. However, in the January-July 2023 period, the country’s cement market contracted by 7.6 per cent YoY to 2.079Mt from 2.249Mt in the first seven months of 2022.