Cement News: International

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 4.23Mt in the month under review when compared to the 5.3Mt registered in ...

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...

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...

Bolivian cement demand at 2.6Mta in 9M16 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.” ...

Vietnam: exports expected to fall 7% in 2016 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...

08 December 2016

India: falling demand and rising petcoke prices threaten profits

The Economic Times reports that petcoke prices – which have risen by over 36 per cent since the start of the year – are likely to put a squeeze on cement company profits. This comes on top of the disastrous impact...

08 December 2016

Tanzania: government supports coal quality complaints

A Tanzanian government-commissioned report has confirmed that the quality of locally-produced coal is questionable. The Commissioner of Minerals tasked an independent committee to establish why major coal users in th...

08 December 2016

Vietnam: export volumes down 8.4% in 10M16

According to statistics released by the General Department of Vietnam Customs, exports of clinker and cement in the first 10 months of 2016 were down 8.4 per cent on the same period a year earlier, Vinanet reports. I...

06 December 2016

Pakistan: 98% capacity utilisation rate achieved

The Pakistan cement industry has achieved its highest-ever capacity utilisation rate at 98.61 per cent, dispatching 3.749Mt of cement in November 2016. This is up on the 3.377Mt registered in November 2015. Domestic ...