Cement News tagged: International

Cement performance aids Pakistan Stock Exchange's record 2023 profitability

01 March 2024, Published under Cement News

Pakistan Stock Exchange saw record profitability in 2023 amid the cement performance. The profitability of the KSE-100 index continues to soar to new heights, posting a robust growth of 51 per cent YoY in 2023. According to AHL Research, the increase in profitability during the period was attributable to a surge of 82, 60, 55 and 47 per cent YoY growth in banks, E&Ps, power and fertilisers, r...

Azerbaijani exports up 14% in 2023

29 February 2024, Published under Cement News

Cement and clinker exports from Azerbaijan to Georgia advanced by 13.9 per cent YoY to 814,803t in 2023. The value of the exports increased by 34.4 per cent YoY to US$46.562m. There are four cement producers in Azerbaijan: Norm Cement with its 2.1Mta Qizildas plant in Garadagh, Holcim (Azerbaijan) OJSC with its 1.7Mta Qaradag works in Baku, Gazakh Cement Plant LLC’s 1.5Mta unit in ...

Iranian cement consumption up 30% in January

29 February 2024, Published under Cement News

Iran’s cement market expanded 30.4 per cent YoY to 5.27Mt in January 2024 from 4.04Mt in January 2023, according to the Iranian cement association. Domestic cement producers manufactured 5.78Mt of cement and 6.21Mt of clinker in the first month of 2024, representing an increase of 33.2 and 31.8 per cent, respectively, when compared with January 2023. A total of 1.18Mt of cement and clinker...

Vietnamese cement market expands 50% in January

28 February 2024, Published under Cement News

Cement sales in Vietnam increased 50 per cent YoY but fell 22 per cent MoM to 4,109,509t in January 2024, reports the Vietnam National Cement Association (VNCA). Of this total VICEM sold 1,179,667t, up 35 per cent YoY, while other VNCA-affiliated companies reported a total volume of 799,842t, up 51 per cent YoY. Non-VNCA members increased their sales by 60 per cent YoY to 2.13Mt. Total expor...

Uzbek cement output surges in January 2023

Uzbek cement output surges in January 2023

28 February 2024, Published under Cement News

Uzbekistan’s cement plants produced 627,000t of cement in January 2024, a 2.3-fold increase YoY, according to the country’s statistics agency. In 2023 output from Uzbek cement plants was 11.93Mt. In September 2023 a UZS3.8trn (US$312.6m) project was launched in Samarkand with assistance from CHINA Energy International Group. The new plant will produce M-400 and M-500 Portland cement at a rat...

Uganda approves mining licence for Karamoja cement plant

26 February 2024, Published under Cement News

The Ugandan government has granted a 21-year large-scale mining licence to Sunbird Resources Ltd to build a cement plant in Moroto district, Karamojo region, northeastern Uganda. Sunbird will produce 6000tpd and 1Mta of cement at the plant. The licence will enable Sunbird Resources to mine 8000tpd of limestone in Rupa sub-county. Systematic exploration work had been carried out over six year...

Spain’s cement demand drops 4% in January

Spain’s cement demand drops 4% in January

21 February 2024, Published under Cement News

Cement consumption in Spain declined by 3.6 per cent to 1,029,258t in January 2024, according to the Spanish cement association, Oficemen. Furthermore, in January 2024 exports fell by 20.5 per cent, resulting in the seventh-consecutive month of decline. A total of 346,436t was exported, 89,076t less than in January 2023. “The future of our industry faces multiple challenges, which is why it...

Azerbaijani cement production up by 23% in January

21 February 2024, Published under Cement News

Azerbaijan increased its cement production by 23.2 per cent YoY to 251,600t in January 2024, according to the State Statistics Committee. However, clinker production slipped 1.8 per cent YoY to 345,800t in the first month of the year. The committee also reported a 35 per cent YoY increase in prefabricated concrete structures to 2700m3 and ready-mix concrete saw 21.8 per cent increase to 338....

Peruvian market expands 9% in January

19 February 2024, Published under Cement News

Cement dispatches in Peru increased nine per cent to 1.016Mt in January 2024 when compared with 0.928Mt in January 2023, according to the Peruvian cement association, ASOCEM. Of this total, 0.938Mt was supplied by ASOCEM members. Cement production slipped one per cent YoY to 0.924Mt in January 2024 from 0.931Mt. Clinker production was down 12 per cent YoY to 0.857Mt in January from 0.969Mt. ...

Cement prices surge in Enugu, Nigeria

16 February 2024, Published under Cement News

The price of cement has hit NGN13,000/bag (US$8.57) in Enugu, Nigeria, compared to around NGN5000/bag in January this year. According to Blueprint Newspapers, while Dangote Cement is selling for approximately NGN10,500/bag, brands such as Supaset and BUA have increased their prices to NGN12,000/bag and NGN13,000/bag respectively.  Some commentators have said the price increase is due to...

US and Puerto Rican market expands 3% in November

16 February 2024, Published under Cement News

Total cement dispatches of Portland and blended cement in the USA and Puerto Rico, including imports, picked up by 2.6 per cent YoY to 8.7Mt in November 2023, according to the US Geological Survey (USGS). Of the total blended volume reported, 4.8Mt, or 99 per cent, was estimated to be Portland limestone cement. The leading markets in the US were Texas, California, Florida, Ohio and Georgia. Th...

Cambodia's cement production unchanged in 2023

14 February 2024, Published under Cement News

Cambodia’s domestic cement production remained unchanged in volume in 2023 compared to a year before, reports the Cambodian Cement Manufacturing Association. Last year, the local cement production was about 8Mt, while the full production capacity of the existing   five cement factories is 9Mta. The Cambodian Cement Manufacturing Association stated, “In 2023, cement production and sales in...

Gamma Civic and Cemindo Gemilang acquire Cementis Madagascar

14 February 2024, Published under Cement News

Cementis (Madagascar) SA has been acquired by Mauritius-based Gamma Civic Ltd, in collaboration with its Indonesian strategic partner, Cemindo Gemilang. The new company will be renamed as Alpha Ciment SA and is expected to significantly reduce cement imports. Gamma Civic established itself in Madagascar in 2021 through its subsidiary Kolos Madagascar, marketing the Mafonja brand. Meanwhile...

Moroccan cement deliveries up 7% in January

13 February 2024, Published under Cement News

Cement deliveries by members of Morocco’s cement association, APC ( Asment Temara , Ciments de l’Atlas , Ciments du Maroc, LafargeHolcim Maroc and Novacim ) increased by 6.6 per cent YoY to 1,130,187t, according to he Ministry of National Territory Planning, Land Planning, Housing and Urban Policy. Of this total, the retail sector accounted for 648,341t, with deliveries down 0.1 per ce...

Argentina's cement consumption declines 20% in January

12 February 2024, Published under Cement News

Cement demand in Argentina saw a 19.9 per cent drop to 767,297t in January 2024 when compared with 958,230t in January 2023, according to the country's cement association, AFCP. Argentinian demand was entirely met by domestic production, which saw a 20 per cent decline to 772,874t in January 2024 from 965,633t in January 2023. Local producers also exported 6036t of cement, an 18.5 per cent d...

Chile's cement market closes 2023 with 11% drop

12 February 2024, Published under Cement News

Chilean cement dispatches fell by 10.1 per cent YoY to 443,170t in December 2023 from 492,963t in December 2023, according to the Chilean construction chamber, CChC. In the full-year 2023 cement dispatches were down 11 per cent YoY to 5,208,803t from 5,854,997t in 2022.