Cement News tagged under: exports
Inchini Cement seeks export permit, Ethiopia19 September 2012, Published under Cement NewsEthiopia-based producer Inchini Bedrock Cement factory is seeking approval to export cement volumes to neighbouring countries as domestic demand has declined, forcing the factory to operate at 52 per cent capacity utilisation. The Addis Fortune reported that the company is seeking an export permit and is in negotiations with three regional customers, citing Inchini’s operations manager, Daniel Ganyi. According to the report, the management at the local cement factory have concerns on the ... |
Spain: eight month consumption down 34.3% YoY18 September 2012, Published under Cement NewsSpanish cement consumption for the first eight months of 2012 has declined by 34.3 per cent YoY to 9.56Mt, according to the latest data from Spanish cement association Oficemen. In August alone, demand was down 33.6 per cent YoY to 1.13Mt. Exports, on the other hand, increased by 48.9 per cent compared to the same month of 2011. In the last 12 months, exports have totalled 5.22Mt (of which clinker accounted for 2.51Mt), representing growth of 31.7 per cent YoY. Imports are down 48.9 per ... |
Peru dispatches rise 16.8%17 September 2012, Published under Cement NewsShipments of cement in the Peruvian market totaled 6,098,738t from January to August 2012, 16.84 per cent more than the same period of 2011 (5,219,828t), the Association of Cement Producers (Asocem) has reported. During the period cement production was 6,235,813t, representing an increase of 14.62 per cent compared with the same period of 2011, when it was 5,356,112t. As of August exports totaled 91,834t of cement, reporting an increase of 177.73 per cent over the same period of 2011,... |
Siam Cement sees 10% rise in domestic demand, Thailand14 September 2012, Published under Cement NewsSiam Cement Group (SCG) expects domestic cement consumption to be double than its earlier forecasts for 2012 as demand is on the path of recovery. Kan Trakulhoon, the president and chief executive, said capacity utilisation at SCG, the country's largest cement maker, this year will be on a par with last year at 18Mt or 78 per cent of its overall production level. He said the company aims to achieve maximum cement production capacity of 23Mt within the next three years thanks to recover... |
Iranian output rises three per cent in first five months11 September 2012, Published under Cement NewsTotal Iranian cement production reached 30.5Mt in the first five months of the Iranian year (beginning 21 March 2012), a rise of three per cent compared compared to 29.6Mt produced in the same period of last year. Clinker production totalled 29.9Mt in the period against 27.79Mt in Iranian year 2011. Cement and clinker exports for the first five months of this year was 5.6Mt, of which cement accounts for 4.87Mt. |
Cement Hranice 2012 outlook, Czech Republic10 September 2012, Published under Cement NewsDespite reporting an increase in 2011 cement sales, Czech cement producer Cement Hranice company expects a decline this year the Euro zone sovereign debt crisis and a continuing fall in construction output. Last year the company increased sales by 14.5 per cent last year to CZK1.69bn (EUR69m) following two years of declining sales due to a downturn in the domestic construction industry. Net profit in 2011 reached CZK499m, an increase of 10 YoY. Cement Hranice's results improved last ye... |
Pakistan capacity utilisation drops to 10-year low06 September 2012, Published under Cement NewsCapacity utilisation of the Pakistan cement industry declined to 68.29 per cent in the first two months of the current fiscal (FY12-13), the lowest level in a decade figures from the All Pakistan Cement Manufacturers Association (APCMA) show. The drop is attributed to falls in domestic demand during July and August mainly due to Ramazana and heavy rains in the country, as well as a decline in exports. APCMA data shows that total cement dispatches were down 1.64 per cent and 2.82 per ce... |
Lafarge Pakistan Cement swings to profit05 September 2012, Published under Cement NewsLafarge Pakistan Cement reported profit after tax of PKR498.916m (US$5.3m) in the first half of calandar year 2012 compared to losses of PKR17.539m in same period last year, boosted by a rise in domestic sales and cost optimisation. Net sales for the period stood at PKR4.784bn against PKR3.684bn in 2011. Its administrative and financial cost increased to PKR278.6m and PKR604.662m from PKR221.613m and PKR481.564m, respectively 1H11. Distribution costs also increased to PKR115.625m from PKR... |
Tanga Cement profit rises 56 per cent, Tanzania31 August 2012, Published under Cement NewsTanzania-based Tanga Cement, part of the Holcim Group, has posted a 56 per cent YoY rise in net profit to TZS15bn (US$9.5m) due to increased exports and stable electricity supplies. Gross profit was also driven by a 14 per cent rise in domestic sales while exports increased 35 per cent YoY. Commenting on the results, acting Chairman, Prof Samuel Wangwe said: "With substantially reduced maintenance and electricity costs, gross profit for the period increased by 40 per cent to TZS30.25b... |
The US recovery is the one bright spot for Titan30 August 2012, Published under Cement NewsTitan’s first half turnover declined by 1.6 per cent to €547.9m and the EBITDA fell by 21.3 per cent to €112.1m, as the cement producer is caught amid a continued downturn it its domestic market of Greece and US operations prove to be its only bright spot. Titan’s trading profit fell 39.5 per cent to €50.5m, but the net financial charge dropped by 54.9 per cent to €20.5m, reducing the fall in the pre-tax profit to 21.8 per cent to €29.5m. The net attributable profit emerged 65.3 per cent l... |