Cement News tagged: International

Spain’s cement consumption sees 9% drop in September

19 October 2023, Published under Cement News

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

17 October 2023, Published under Cement News

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

19 October 2023, Published under Cement News

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

19 October 2023, Published under Cement News

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

Colombian cement market contracts 7% in August

16 October 2023, Published under Cement News

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

16 October 2023, Published under Cement News

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...

Chile’s cement dispatches drop 18% in August

Chile’s cement dispatches drop 18% in August

16 October 2023, Published under Cement News

Cement dispatches in Chile saw a 17.5 per cent drop in August 2023 to 247,238t from 299,855t in August 2022, according to the country’s construction chamber, CChC. In the January-August 2023 dispatches were down 8.7 per cent YoY to 2,326,421t from 2,549,139t in the 8M22.

Brazilian cement market contracts 2% in 9M23

13 October 2023, Published under Cement News

Cement sales in Brazil declined by 4.6 per cent YoY to 5.222Mt in September 2023 from 5.476Mt, according to the Brazilian cement association, SNIC. High basic interest rates of 12.75 per cent continue to impact the amount of real state financing for construction, which had a reduction of 44 per cent in the period up to August 2023 when compared with the previous year. In addition, the recovery...

Argentina’s cement market contracts 8% in September

12 October 2023, Published under Cement News

Cement consumption in Argentina fell by 7.8 per cent YoY to 1,118,042t in September 2023, according to the country’s cement association, AFCP. Argentina’s total demand was met by local producers and no imports were recorded. Domestic cement producers manufactured 1,122,500t of cement, down 7.8 per cent YoY in September 2023. Of this total, they exported 4458t, representing a 10.5 per cent dec...

A review of the financial performance of Pakistan's cement sector during FY22-23

12 October 2023, Published under Cement News

Topline Research of Pakistan has reviewed the financial performance of the top 13 listed cement companies (out of 15) on the Pakistan stock exchange (PSX). These 13 companies comprise 99 per cent of the total sector market capitalisation. Pakistan's cement sector saw profits down three per cent YoY in FY22-23 despite the pre-tax profitability up 11 per cent YoY in FY22-23. The research hous...

Moroccan cement dispatches down 11% in September

11 October 2023, Published under Cement News

Deliveries by members of Morocco’s cement association APC ( Asment Temara , Ciments de l’Atlas , Ciments du Maroc and LafargeHolcim Maroc ) have decreased by 11 per cent YoY to 1,045,795t in September 2023 from 1,174,683t in September 2022, according to the Ministry of National Territory Planning, Land Planning, Housing and City Policy. Dispatches to the infrastructure segment of the cons...

Saudi cement sales drop 6% YoY

11 October 2023, Published under Cement News

Saudi Arabian cement sales declined to 4.01Mt in September 2023, down six per cent compared to the 4.26Mt seen in the same period a year earlier, according to Aljazira Capital. Over the same timeframe, cement exports advanced too 776,000t, up slightly from 773,000t in September 2022. Over the first nine months of 2023, export sales have remained stable YoY at 6.4Mt. September 2023 saw clink...

Malaysian cement demand set to flourish, says report

12 October 2023, Published under Cement News

Cement demand in Malaysia will continue to flourish in the medium-to-long term, supported by major infrastructure projects across the country, reports RHB Investment Bank Research (RHB IB). A sector report by RHB IB listed current low inventory levels, the push towards solar panels and electric vehicles, and the recovery in demand on the back of an anticipated upturn in China’s manufacturing a...

Cemtech Europe opens in Istanbul: Turkey prepares to launch domestic ETS

12 October 2023, Published under Cement News

Cemtech Europe 2023 , the leading cement industry conference in Europe organised by International Cement Review , has opened in Istanbul, welcoming over 300 delegates from 40 countries.     Welcoming delegates to the conference, Volkan Bozay, CEO of the Turkish Cement Manufacturers Association, TÜRKÇİMENTO, highlighted the strengths of the domestic industry, which now includes 120Mta of clin...

Italy’s cement market contracted 9% in 2022

06 October 2023, Published under Cement News

Total consumption in Italy was down by 6.7 per cent YoY to 19.07Mt in 2022 from 20.45Mt, according to Federbeton. Of this total 1.944Mt was imported, up 15.1 per cent YoY from 1.69Mt. In per capita terms, domestic consumption fell from 346kg/inhabitant in 2021 to 324kg/inhabitant in 2022. Cement dispatches in the country decreased by 8.7 per cent YoY to 17.125Mt in 2022. Declines were felt ac...

Italian cement production slips 1% in July

05 October 2023, Published under Cement News

Italy’s cement producers decreased their output by one per cent in July 2023 when compared with the previous year, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output value advanced from 98 in June to 101 in July. In the first seven months of 2023 production fell by four per cent YoY. However, cement prices increased nine per cent Y...