Cement News tagged: International
FOA call for compliance of the Axle Load Regime
A public notice from the Fleet Operators Association (FOA) of Pakistan urges strict implementation of the axle load regime (ALR) and the National Trucking Policy to save human life while carrying cargo, including raw materials or finished goods for all industries, including cement. The price of human life is invaluable. According to a report by the World Bank on Road Safety, accidents cost...
Italy's cement production up 5% in August
Italian cement production saw a five per cent increase YoY in August 2023, reaching an index value of 62 when compared with the base year of 2015, according to the national construction chamber, Federbeton. Cement prices increased by nine per cent YoY in August to an index value of 206 when compared with the base line of 2015. In terms of external trade cement imports fell five per cent YoY ...
1QFY23-24 is a good omen for Pakistan’s cement industry
Pakistan’s cement industry saw healthy growth in profit after tax (PAT) between July and September 2023 (1QFY23-24) on the back of a 32 per cent YoY advancement in sales, according to Spectrum Securities Ltd, which evaluated the results of the top nine cement makers enrolled at the Pakistan Stock Exchange (PSX), representing 93 per cent of the sector’s market capitalisation. The t...
Uzbek cement output up 6% in 9M23
Uzbekistan’s cement producers have manufactured 9.2Mt of cement in the first nine months of 2023. This represents a YoY increase of 5.9 per cent when compared with the 9M22, when output reached 8.6Mt. In September alone, Uzbek cement companies produced 1.2Mt. The country’s cement capacity is expected to increase as a UZS3.8trn (US$313m) project has started in Samarkand. The new plant, with in...
WCA launches its World Cement Network
The World Cement Association (WCA) has launched its specialist networking platform, The Cement Network in cooperation with The World Cement Network (WCN). This platform is designed to cultivate collaboration within the sector, enable the development of talent and offer expert Human Resources services. The WCN will serve the global cement industry by bringing together professionals and or...
Climate pledges must be on time and in full, warns the IEA
Despite an “unstoppable” shift towards clean energy, demand for fossil fuels is still far too high to keep within the Paris Agreement's 1.5˚C goal. That is just one of the findings of the International Energy Agency’s (IEA) ’World Energy Outlook 2023’ report just released. The report describes an energy system in 2030 that includes almost 10x as many electric cars on the road, solar PV gene...
MPA welcomes electricity network compensation in UK
UK producers of cement and lime have welcomed the government's plans to boost UK competitiveness through compensating for high network charges as part of the ‘British Industry Supercharger’. The Mineral Products Association (MPA), which represents UK cement and lime manufacturers, says the network charges compensation announced by the Department for Business and Trade will ease electricity ...
Vietnam’s cement market contracts 21% in 9M23
Cement sales in Vietnam dropped 21 per cent YoY to 4,031,951t in September 2023, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM reported sales of 1,188,851t, down 26 per cent YoY while other VNCA members saw an identical decline to 833,100t. Non-VNCA producers sold 16 per cent less with sales of 2,010,000t. Total exports increased 31 per cent YoY to 2,288,6...
Deutsche Bank clamps down on emissions targets
Deutsche Bank has reportedly set emissions targets for loans to clients in the cement sector as part of the bank’s net-zero target for 55 per cent of its financed emissions. According to Reuters, the bank, which is Germany’s biggest lender, is under increasing pressure from policymakers and investors to encourage clients to reduce their greenhouse gas emissions. Twelve months ago the ban...
Peruvian cement demand down 12% in September
The Peruvian cement market contracted by 12 per cent to 1.063Mt in September 2023 from 1.21Mt in September 2022, according to the national cement association, ASOCEM. Of this total, 0.995Mt were supplied by ASOCEM members. Cement production fell by 16 per cent to 0.996Mt in September 2023 when compared with 1.19Mt in September 2022. Clinker production slipped by two per cent YoY to 0.818Mt i...
Spain’s cement consumption sees 9% drop in September
Cement demand in Spain fell by nine per cent YoY to 1,137,773t in September 2023, according to the country’s cement association, Oficemen. Exports declined by 6.8 per cent to 391,566t in September when compared with the year-ago month. In the January-September 2023 period, demand contracted by 1.6 per cent YoY to 10,945,946t. Exports for the nine-month period decreased by 3.4 per cent YoY to...
Swiss cement deliveries fall 12% in 3Q23
Cement deliveries in Switzerland in the third quarter of 2023 fell 12.1 per cent to 950,101t from 1,080,399t in the 3Q22, reports the Swiss cement association, Cemsuisse. In the January-September 2023 period deliveries were down 10 per cent to 2,854,726t from 3,173,108t in the 9M22. Approximately 2.749Mt of bulk cement was sold in addition to 88,494t of bagged cement. Dispatch was mainly by ...
Iran's cement demand increases 8% in September
The Iranian cement market expanded by 8.1 per cent to 6.26Mt in September 2023 from 5.79Mt in September 2022, according to the Iranian cement association. Production of cement by domestic cement companies increased by 12.3 per cent YoY to 6.65Mt in September 2023 from 5.92Mt in September 2022 while clinker output was 0.9 per cent up to 6.67Mt from 6.61Mt over the same period. Total exports i...
INC drops Paraguayan cement prices
The price of cement produced by Paraguay’s Industria Nacional del Cemento (INC) will be reduced by PYG2000/bag (US$0.27/bag) and by up to PYG40,000/t for bulk cement, according to the country’s president Santiago Peña. “The construction sector is key to generating jobs, that is why we achieved a reduction of PYG2000/bag of cement produced by the INC, in all types and up to PYG40,000 less in ...
Colombian cement market contracts 7% in August
Cement consumption in Colombia declined 7.3 per cent to 1.103Mt in August 2023 from 1.19Mt in August 2022, according to the national statistics office, DANE. Contributing to this overall trend, bulk sales were down 9.6 per cent YoY while bagged cement sales decreased by 6.2 per cent YoY. The drop was led by the building companies and contractors segment, which reduced their off-take by 19....
Study reveals cost of decarbonising India's cement industry
India’s steel and cement plants will require INR47trn (US$627bn) in additional capital expenditure (capex) to achieve net-zero carbon emissions, according to independent studies by the Council on Energy, Environment and Water (CEEW). The studies also suggest that both industries will require additional operational expenditure (opex) of INR1trn each year to go net zero. The study also found t...