Cement News from International Cement Review


Breedon Group sees revenue decline by 25% to GBP353.3m in 1H20
Corporate - 29 July 2020

Breedon Group sees revenue decline by 25% to GBP353.3m in 1H20

Breedon Group Plc announced its interim (unaudited) results for the six months ended 30 June 2020 with revenue reaching GBP353.3m, representing a 25 per cent drop from GBP447.4m in 1H19. Breedon recorded cement sales of 0.8Mt in the 1H20, down from 1Mt in 1H19, while ready-mix sales declined to 1Mm 3 in the 1H20 from 1.5Mm 3 in the 1H19. Breedon also sold 8Mt of aggregates and 1Mt of asphalt...

International - 03 August 2020

Colombian cement market contracts 8% in June

Colombian cement dispatches fell 7.6 per cent to 0.905Mt in June 2020 when compared with 0.979Mt in June 2019, according to data provided by the country’s statistical office, DANE. Sales of bagged cement fell 3.1 per cent YoY while bulk cement deliveries were down 16.8 per cent in June 2020. Ready-mix concrete companies reduced their offtake by 22.4 per cent YoY while deliveries to building ...

Trading - 31 July 2020

Vietnam cement and clinker exports rise 36% in July

Vietnam has exported an estimated 3Mt of cement and clinker with a value of US$117m in July, according to the country’s General Statistics Office. This represents a rise of 35.5 per cent in volume and 30.2 per cent in value when compared with July 2019. In the first seven months of 2020 total cement and clinker exports stood at 19.46Mt, up 9.4 per cent YoY. Their value fell 3.4 per cent YoY ...

Freight Markets - 16 July 2020

Russia transports 11.18Mt of cement by rail in 1H20

In the first half of 2020, Russia’s cement producers shipped 11.18Mt of cement by rail, a 9.7 per cent decline YoY. Eurocement’s plants accounted for 37.5 per cent of the shipments, largely consistent with 37.7 per cent in the 1H19. As such, Mordovcement transported the most cement by rail (1.14Mt, -19.3 per cent). It was followed by Topki Cement (794,700t, -2.9 per cent) and Sebryakovcement...

Corporate - 03 August 2020

Cemex Philippines announces 22% decline in net sales

Cemex Holdings Philippines has announced a 22 per cent decline in consolidated net sales to PHP9.6bn (US$195.6m) for the first half of 2020, while operating EBITDA was also down 22 per cent YoY to PHP1.8bn. Domestic cement volumes decreased by 17 per cent YoY during the 1H20 and domestic cement prices during both the second quarter and first half of 2020 were six per cent lower YoY. "The se...

Environmental - 27 July 2020

Japanese cement producers help reduce plastic waste

Japan's cement companies are investing to use more plastic waste as fuel to produce cement. Taiheiyo Cement plans to employ new technology for efficiently making coal from plastic and deploy dedicated equipment at nine works in Japan. Meanwhile, Sumitomo Osaka Cement is pouring CNY10bn (US$93.6m) into environmental efforts, including handling plastic waste, by FY22. Japan shipped 1.5M...

Recent Orders - 31 July 2020

Taiheiyo Cement Corp orders Aumund equipment for new power plant

Taiheiyo Cement Corp, Japan’s largest cement producer, has started its new biomass and coal power plant in Ofunato. Until now conveying of biomass in Japan has been dominated by domestic manufacturers, but the Aumund Hong Kong team successfully convinced its customer of the merits of the conveying technology solutions offered by Aumund for both of these types of fuel. Taiheiyo Engineering Co...