Cement News tagged under: international
Gamma Civic and Cemindo Gemilang acquire Cementis Madagascar14 February 2024, Published under Cement NewsCementis (Madagascar) SA has been acquired by Mauritius-based Gamma Civic Ltd, in collaboration with its Indonesian strategic partner, Cemindo Gemilang. The new company will be renamed as Alpha Ciment SA and is expected to significantly reduce cement imports. Gamma Civic established itself in Madagascar in 2021 through its subsidiary Kolos Madagascar, marketing the Mafonja brand. Meanwhile, Cemindo Gemilang operates eight cement plants in Indonesia and one in Vietnam, producing 15Mta of ... |
Moroccan cement deliveries up 7% in January13 February 2024, Published under Cement NewsCement deliveries by members of Morocco’s cement association, APC ( Asment Temara , Ciments de l’Atlas , Ciments du Maroc, LafargeHolcim Maroc and Novacim ) increased by 6.6 per cent YoY to 1,130,187t, according to he Ministry of National Territory Planning, Land Planning, Housing and Urban Policy. Of this total, the retail sector accounted for 648,341t, with deliveries down 0.1 per cent from 647,656t in January 2023. The ready-mix concrete sector increased its off take by 17.4 per c... |
Argentina's cement consumption declines 20% in January12 February 2024, Published under Cement NewsCement demand in Argentina saw a 19.9 per cent drop to 767,297t in January 2024 when compared with 958,230t in January 2023, according to the country's cement association, AFCP. Argentinian demand was entirely met by domestic production, which saw a 20 per cent decline to 772,874t in January 2024 from 965,633t in January 2023. Local producers also exported 6036t of cement, an 18.5 per cent decrease from 7404t in January 2023. |
Chile's cement market closes 2023 with 11% drop12 February 2024, Published under Cement NewsChilean cement dispatches fell by 10.1 per cent YoY to 443,170t in December 2023 from 492,963t in December 2023, according to the Chilean construction chamber, CChC. In the full-year 2023 cement dispatches were down 11 per cent YoY to 5,208,803t from 5,854,997t in 2022. |
Brazilian cement sales start 2024 with a 2% drop09 February 2024, Published under Cement NewsCement sales in the Brazilian market saw 2.1 per cent YoY drop to 4.766Mt in January 2024 when compared with 4.868Mt in January 2023, according to SNIC, the country's cement association. Exports were down 65.2 per cent YoY to 8000t from 23,000t in January 2023. The drop in domestic sales suggests that weak performance in 2023 is expected to persist in 2024. High interest rates and debt have impacted household spending, alongside a drop in income and purchasing power. The construction mark... |
Puerto Rico’s cement market expands 8% in January08 February 2024, Published under Cement NewsPuerto Rican cement sales increased 7.7 per cent to 539,034t (1.189m bags of 42.5kg) in January 2024 from 500,286t (1.103m bags) in January 2023, according to the Puerto Rican statistics agency. However, domestic production fell by 14.4 per cent YoY to 291,770t (643,352 bags) in January 2024 from 340,739t (751,329 bags). Domestic consumption 6,670,252t, or 14.708m bags, in 2023, representing a 1.3 per cent increase when compared with 2022, when demand stood at 6,586,678t (14.524m bags) acco... |
Colombian cement dispatches fall to 12.9Mt in 202307 February 2024, Published under Cement NewsCement dispatches in Colombia slipped by 2.6 per cent to 1.093Mt in December 2023 from 1.122Mt in December 2022, according to the country’s statistics agency, DANE. Of this total, bulk deliveries declined by 5.2 per cent while bagged cement dispatches were down 1.4 per cent. While retail sales increased 2.5 per cent YoY in December 2023, ready-mix concrete companies and the construction and contractor segment reduced their off take by eight and 11.9 per cent, respectively. Output from do... |
India's CMA welcomes Interim Budget 2024-2507 February 2024, Published under Cement NewsIndia’s cement producers have applauded the country’s government for its sustained focus on infrastructure development in its latest Interim Budget 2024-25. Under the budget plan, investment in infrastructure will increase by 11.1 per cent YoY in 2024-25, equivalent to 3.4 per cent of GDP. Three major economic railway corridor programmes, namely the energy, mineral and cement corridor, as well as the port connectivity corridor and high traffic density corridor, are to be implemented t... |
MPA survey reveals deteriorating markets07 February 2024, Published under Cement NewsThe UK-based Mineral Products Association (MPA) has released the results of its latest industry sales survey, revealing a second consecutive annual drop in sales volumes of heavy-side building materials in Great Britain. The deteriorating market for aggregates, concrete, asphalt and mortar has unfolded against a backdrop of unfavourable economic conditions, escalating costs, rising interest rates and a diminishing pipeline of new construction projects, says the MPA. The quarterly surve... |
Congolese government raises cement price06 February 2024, Published under Cement NewsFollowing requests from domestic cement producers, the government of the Republic of Congo has increased the prices of wholesale cement per tonne and retail cement per 50kg bag. The price of cement has increased by more than 50 per cent compared to the approved price as production costs have soared. Type 42.5N cement is now sold in Brazzaville at XAF90,000/t (US$147.78/t) and XAF4900/50kg bag. In Pointe-Noire the price is XAF88,000/t and XAF4700/bag. In certain parts of the country, such a... |