Cement News: International

15 December 2016

Kenya: Savannah Cement 2500tpm supply deal

Savannah Cement claims to be supplying 2500t of cement each month to the Outer Ring Road expansion project. The KES16bn (US$157m) road project is being financed by the African Development Bank and the Kenyan government and is scheduled for completion in September 2017. Meanwhile, th...

15 December 2016

Indonesian cement sales fall 9% in November

The Indonesian cement market is seeing a steep fall in cement sales as the year draw to a close. Cement sales volume during January-November 2016 was almost stagnant with November sales down nine per cent when compar...

14 December 2016

Kenya: locals request priority in EAPCC land sale

East Africa Portland Cement Co (EAPCC) has proposed the disposal of parcels of land and residents in some of the areas have requested priority in the sale. On 17 November 2016, Athi River-based company EAPCC annou...

13 December 2016

Fitch: Latin America 2017 outlook stable

According to a new Fitch Ratings report, the 2017 Latin American cement outlook for both ratings and the sector is stable. Associate Director at Fitch Ratings, Gilberto Gonzalez: “Issuers have built significant op...

Saudi Arabia: domestic firms' sales down 22% in November 16 December 2016

Saudi Arabia: domestic firms' sales down 22% in November

Saudi Arabian cement companies saw their sales fall 21.92 per cent YoY to 4.2Mt in November from 5.4Mt in the same month last year, according to a Yamama Cement report. Total production declined 20.2 per cent 4.23...

13 December 2016

Average oil price in 2017 to hover around US$61/bbl, gas at US$3.50/mBtu

Brent oil is expected to average US$61/bbl in 2017, peaking at US$70/bbl during the US driving season while WTI’s average is forecast at around US$59/bbl, according to the latest report by Bank of America Merrill Lyn...

Russia: market volume down in St Petersburg and Leningrad 13 December 2016

Russia: market volume down in St Petersburg and Leningrad

For 2016 cement demand in St Petersburg and Leningrad totalled 3.7Mt, falling short of the 4.3Mt estimated for the year in 2015. The main players in these markets are Eurocement Group, with a 58 per cent share, Ce...

15 December 2016

Brazil: Arabian Cement back out of plant project

Arabian Cement announced yesterday that it will be postponing further steps to establish a cement grinding facility in Brazil. The adverse conditions in the Brazilian economy are anticipated to impact negatively on t...

14 December 2016

Bolivian cement demand at 2.6Mta in 9M16

Bolivia’s cement market required 2.663Mt of cement in the first nine months of 2016, according to the National Institute of Statistics (INE). Santa Cruz had the highest demand for the grey product at 867,816t, a th...

12 December 2016

Nepal: Minister for Industry praises Hetauda Cement

Nepal’s Minister for Industry, Nabindra Raj Joshi, has praised Hetauda Cement Industry for its role in the nation's future, saying “Hetauda Cement Industry is not just a factory as the nation depends on its future.” ...

09 December 2016

Vietnam: exports expected to fall 7% in 2016

According to the Vietnam Building Materials Association under the Ministry on Construction, Vietnam is projected to earn just US$556m this year from 15Mt of cement and clinker exports, representing a seven per cent Y...

09 December 2016

Tanzania: three companies plan to expand capacity

With the implementation of several multi-billion dollar infrastructure projects, cement demand looks to soar in the coming years. In light of this three companies have instigated large-scale investment in cement prod...

09 December 2016

USA: post-election uncertainty lowers consumption forecast

The Portland Cement Association (PCA) has lowered its annual growth estimate for 2016 cement consumption from four per cent to 2.7 per cent. It also revised its 2017 US consumption forecast from 4.2 per cent growth d...

09 December 2016

Belarusian Cement and Eurocement Group sign collaboration contract

Belarusian Cement Company and Eurocement Group, Russia, have signed a contract to regulate cooperation in 2017, according to the Belarusian Architecture and Construction Ministry. The agreement will ensure that deliv...

09 December 2016

Report predicts strengthening demand for cement additives in Nigeria and South Africa

A new report by market research firm Frost & Sullivan forecasts that demand for cement additives in South Africa and Nigeria will grow at an annualised rate of 71 per cent as companies look to differentiate themselve...

08 December 2016

Argentina sees 1.6 per cent drop in domestic cement dispatches

Argentina’s cement market decreased 8.8 per cent MoM and 1.6 per cent YoY to 1,007,207t in November 2016, according to the country’s cement association, AFCP. In addition, around 5,898t of cement were imported, re...