Cement News tagged: International
Spain’s cement demand up 1% in May
Cement consumption in Spain has edged up 0.7 per cent YoY to 1,348,525t in May 2023, according the country’s cement association, Oficemen. In the first five months of 2023, the domestic market expanded by 1.2 per cent to 6,215,016t when compared with the 5M22. “The advancement of the general elections to July 23, when there are still local and regional governments in the constitution phase...
Discussions on the Asian cement sector's decarbonisation drive
Discussions on the Asian cement industry's drive and progress towards decarbonisation are well underway at the Cemtech Asia 2023 conference and exhibition in Hanoi, Vietnam, before an international audience of over 250 cement sector professionals. Cemtech Asia 2023 opens before an international audience of 250 cement industry professionals in the vibrant city of Hanoi, Vietnam ...
Cement production in Kyrgyzstan up by 16 per cent in May
Cement production by Kyrgyz cement producers increased by 15.6 per cent to 323,700t in May 2023, according to the country’s National Statistical Committee. In the January-May 2023 period, cement output in the country increased by 11.9 per cent to 1.1Mta. Cement production in 2022 was up 7.1 per cent YoY to 2.7Mt.
Vietnamese cement and clinker exports surge
Total cement and clinker exports from Vietnam increased by 66 per cent to 2,633,428t in May 2023 when compared with May 2022. Cement exports surged by 69 per cent YoY to 1,974,348t while clinker exports advanced by 56 per cent to 659,080t in May 2023. Clinker was exported by non-VNCA members only, who supplied 659,080t of clinker to overseas markets, up 65 per cent YoY. They also exported the ...
Provisional dispatches data show a mixed trend in June 2023
All Pakistan Cement Manufacturers Association (APCMA) is yet to release overseas and local cement dispatch data. Local cement sales are expected to grow by two per cent MoM in June 2023, but down 16 per cent YoY in the FY22-23 (July 2022-June 2023), according to a local research house. Topline Securities said Pakistan’s total cement sales in June 2023 are expected to increase by two ...
Argos strike in French Guiana ends
The three-week strike at Argos Guyane in French Guiana has ended. On 24 June and following several days of talks, an end-of-strike was signed between the parties and the company’s activities will resume on 26 June. The strike centred around three claims: a request for financial expertise, the arrival of the new CEO and the departure of the managers in place. While the first two claims were f...
Peru’s cement market contracts 12% in May
Peruvian cement consumption declined by 12 per cent YoY to 0.971Mt in May 2023, according to the country’s cement association, ASOCEM. Production by domestic cement producers fell 14 per cent YoY to 0.928Mt while clinker production was down seven per cent to 0.803Mt. Cement exports declined by 22 per cent YoY to 14,000t in May 2023. from 18,000t in May 2022 while clinker exports increased ...
Iranian cement demand advances 14% in May
Iran’s cement market has expanded by 13.9 per cent to 5.82Mt in May 2023 when compared with May 2022, when 5.11Mt of cement was sold, according to the Iranian Cement Association. Cement and clinker production increased YoY by 18.4 per cent to 6.37Mt and 5.6 per cent to 7.3Mt in May 2023, respectively. Iran’s cement producers exported 0.4Mt of cement in May 2023, up 33.6 per cent YoY, and 0....
Indian cement prices forecast to fall 1-3%
Cement prices in India are expected to fall by 1-3 per cent in the current fiscal year (April 2023-March 2024), after recording a four per cent compound annual growth rate (CAGR) over the past four fiscal years to a new all-time high of INR391 (US$4.77)/50kg bag, according to CRISIL Market Intelligence and Analytics. The increase in prices was due to disruptions caused by COVID-19, followed b...
US government invests US$135m in 40 carbon reduction projects
The US Department of Energy (DOE) has announced $135m in funding for 40 projects that will reduce carbon pollution from the industrial sector and move the nation toward a net-zero emissions economy by 2050. Decarbonising the US industrial sector is seen as an essential component of President Biden’s ambitious clean energy goals. "America’s industrial sector serves as the engine of the US...
Sri Lanka raises import tax on cement
The Sri Lankan government has increased the import tax (CESS) on imported cement. With effect from 17 June 2023, the import tax on 1kg of artificially coloured or uncoloured cement has risen from LKR3.00 to LKR5.00 (US$0.01-0.02). The import tax on 1kg of Portland cement in bags of 50kg or less has increased to LKR8.00. Meanwhile, the import tax on other Portland cement in bags over 50kg has ...
Senegal's cement consumption fell 22% in April
The Senegalese cement market contracted 22.1 per cent MoM and 10.6 per cent YoY to 525,100t in April 2023, according to the country’s Department for Economic Planning and Policies (DPEE). While exports were down 17.6 per cent MoM in April 2023, when compared with April 2022 they surged 148.8 per cent to 159,200t. Output from domestic cement plants retreated 18.4 per cent MoM but increased b...
World's largest 3D printed building completed
The world’s largest 3D printed building has been completed in Florida, USA. The project is a luxury equestrian facility that has been completed by Florida-based Printed Farms using COBOD’s BOD2 construction 3D printer. Located in Wellington, southern Florida, the new building has a total floor area of 939m 2 , is 4m high, 47m long and 25m wide. According to COBOD, it has been designed to wi...
Puerto Rico’s cement sales down 9% in May
Cement sales in Puerto Rico declined 8.5 per cent YoY to 1.2m bags of 94lb, or 51,165t, in April 2023, according to the country’s Institute of Statistics. However, in May 2023 the market expanded by 5.7 per cent YoY to 1.4m bags, or 59,693t. In the year-to-date, approximately 6.4m bags of cement have been sold in Puerto Rico. This represents a volume of 272,881t, up 0.6 per cent YoY when com...
Cement players expect demand in FY24 to remain stable
Topline Securities hosted the Pakistan Cement Conference 2023, where top executives of major cement players Maple Leaf Cement (MLCF), Lucky Cement (LUCK), DG Khan Cement (DGKC), Cherat Cement (CHCC), Kohat Cement (KOHC) and Pioneer Cement (PIOC) participated in the conference through Zoom recently. They ruled out unanimous fears of a price war, stating that it would be unwise...
Chile’s cement market contracts 4% in April
Cement dispatches in Chile declined 4.2 per cent YoY to 299,858t in April 2023 from 313,101t in April 2022, according to the country’s construction chamber, CChC. In the January-April 2023 period cement sales were down 8.9 per cent YoY to 1,225,919t from 1,345,102t in the 4M22.