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Cement exports from Bangladesh continue to fall in 1HFY19-20
Trading - 13 January 2020

Cement exports from Bangladesh continue to fall in 1HFY19-20

Bangladesh's cement industry has earned an export revenue of US$5.03m during first six months of the current financial year, FY19-20, compared to US$5.75m earned in 1HFY18-19, a fall of 12.5 per cent YoY. The export figure also includes a minor amount of salt, stone and related products, says data of Bangladesh Export Promotion Bureau (EPB).   The export value for cement fell 1.6 per cent belo...

International - 17 January 2020

Swiss cement deliveries down 5% in 2019

Deliveries by the Swiss cement industry fell by 4.9 per cent YoY to 1,034,914t in the fourth quarter of 2019 from 1,088,196t in the 4Q18. The latest figures published by Cemsuisse show a softening cement market after a promising first quarter with 4.8 per cent growth. In the 2Q19 and the 3Q19 the market contracted by -0.2 and 1.5 per cent, respectively. For the full-year 2019 cement demand f...

Trading - 14 January 2020

Algerian cement exports increase 239% in 11M19

The value of Algerian cement and clinker exports has surged 239.2 per cent to US$59.24m in the 11M19, compared with US$17.47m in the year-ago period, according to the Customs’ Surveys and Prospects Department (DEPD). Saïd Djellab, former trade minister, had said in November that cement export revenues were expected to reach US$60m in late 2019, however, these figures are now expected to req...

Freight Markets - 17 January 2020

Russian producers increase railway distribution in 2019

Russian cement manufacturers shipped over 26.21Mt of cement by railway in 2019, an increase of four per cent YoY against 2018. The top regions for consumption of cement delivered by railway in 2019 were Moscow region (1.99Mt tons, +12.3 per cent YoY), the Republic of Tatarstan (1.79Mt, +7.2 per cent), Moscow (1.7Mt, +15.3 per cent), Krasnodar region (1.55Mt, -13.9 per cent), and Khanty-Mans...

Corporate - 17 January 2020

Cementos Progreso acquires Cemento Interoceánico

Guatemala’s Cementos Progreso has acquired a 100 per cent stake in Cemento Interoceanico SA, a Panama-based producer. Fabrega, Molino & Mulino acted as a legal adviser to Cementos Progreso, while Morgan & Morgan represented Cemento Interoceanico, according to Market Line.

Environmental - 16 January 2020

MPA releases 2019 Sustainability Development Report

Mineral Products Associatin (MPA) Cement has published its 2019 Sustainable Development Report, based on data provided by MPA Cement's five member companies who together supplied 78 per cent of the cement consumed in the UK in 2018. Aligned with the seven MPA strategic priorities, the report highlights activity in: health and safety, communicating Industry value, people, resource use, clima...

Recent Orders - 10 January 2020

ASEC signs 3-year O&M contract extension with Sinai White Cement

ASEC, the leading O&M operator in the MEA region, announced the renewal of its Technical Management contract with Sinai White Cement Co until December 2022. The two-line cement facility has a total capacity of 2800tpd of clinker, located in north Sinai, Egypt. ASEC and Sinai White's two-decade collaboration started back in 1999 when ASEC was assigned as the consultant of choice for the first ...